Duplex with Off-Street
For Sale
$210,000
8615 BIRCH Street, New Orleans, LA 70118
Multi-Family, Shot Gun, New Orleans, LA
Property Size1,631 SF
Lot Size0.11 Acres
Price / SF$128.76
Days on Market77
Property Features for 8615 BIRCH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street
Lot features
Regular
Subdivision
Leonidas
Standard status
Active
APN
716206522
Size
1,631 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
SQ 207 LOT R-3 BIRCH 33 8 X 150 8615-17 BIRCH
Legal Description
SQ 207 LOT R-3 BIRCH 33 8 X 150 8615-17 BIRCH
Utilities
Heating system
Central
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1940
Floors in Building
1
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
Service 1st Real Estate
(225) 503-2525
Listed By:
Ashley Stevenson
(504) 975-2491
Added: Jul 21
Changed: Sep 15
Last Checked: Oct 5 at 5:06PM
MLS# 2568768
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex at 8615 Birch Street contains 1,631 square feet on a 0.1136-acre lot. Built in 1940, the property has a shingle roof, public water service, central heating, window units, and central air conditioning. Off-street parking is also available. The property requires work, offering a renovation project within an established residential setting.
The property is located in New Orleans’ Leonidas area near South Carrollton Avenue, with nearby streetcar and transit access. Its 70118 location places the duplex within the Uptown area, providing a recognizable neighborhood context for a residential income property.
The property is located in New Orleans’ Leonidas area near South Carrollton Avenue, with nearby streetcar and transit access. Its 70118 location places the duplex within the Uptown area, providing a recognizable neighborhood context for a residential income property.
Key Highlights
- Duplex with 1,631 square feet of building area
- 0.1136‑acre lot in New Orleans’ 70118 ZIP code
- Built in 1940 with a shingle roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,983
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,660
$379.7K
Cap Rate 7%
$271,186
$271.2K
Cap Rate 9%
$210,922
$210.9K
Market Conditions
NOI Build-Up for 1,631 SF
Gross rent
$38.0K $23.28/SF
− Vacancy
−$3.5K −$2.12/SF
EGI
$34.5K $21.16/SF
− OpEx
−$15.5K −$9.52/SF
NOI
$19.0K $11.64/SF
Area
New Orleans, LA
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,660
Cap Rate 7%
$271,186
Cap Rate 9%
$210,922
Alternative Uses
Best Use
Multifamily LT 5
$295.0K
$258.2K – $344.2K
NOI $20,653 @ 7.0% cap · market cap 9.83%
Second Best
Apartment 5plus
$271.2K
$237.3K – $316.4K
NOI $18,983 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$414.5K
$362.7K – $483.6K
NOI $29,018 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Explore this area
Business Placement
Demographics for 70118, LA
35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with central heating, multiple cooling systems, and off-street parking.
Where is this duplex located?
The property is located at 8615 BIRCH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex with 1,631 square feet of building area; 0.1136‑acre lot in New Orleans’ 70118 ZIP code; Built in 1940 with a shingle roof
