Historic New Orleans Double
2517-19 Laharpe Street, New Orleans, LA 70119
Classic 7th Ward double near Fairgrounds and Bayou St. John.
Type:MULTI FAMILY FOR SALE / Townhouse
Property size:
1,708 SFPrice / SF:
$156/SF- Added:
- Jun 27, 2025
- Days on Market:
- 341
- Last Refresh:
- Mar 13 at 6:18 pm
Property Features for 2517-19 Laharpe Street
General Information
- Standard status
- Active
- Size
- 1,708 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1903
Listing agent Nicole Pellerin License #995704017 (504) 628-7723
Listing office The Pellerin Group NOLA LLC (504) 628-7723
Listing date Jun 27, 2025
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Pellerin Group NOLA LLC
HighLights
- Prime location: Minutes from Fairgrounds, Bayou St. John, City Park, Canal St., French Quarter, and CBD.
- Historic 7th Ward shotgun double with potential for owner‑occupancy or investment.
- Two units, each with 2 bedrooms and 1 bath.
- Features include 12 ft ceilings, fenced yard, back porch, and storage room.
- Hardwood floors potentially under tile (per owner).
- Convenient access to bus lines and bike routes.
Overview
This classic historic 7th Ward shotgun style double is located minutes away from the Fairgrounds and Bayou St. John. Each unit has 2 bedrooms and 1 bath, with 12 ft ceilings, a fenced yard, back porch and storage room. The property has potential, and per the owner, there are hardwood floors under the tile. The property is located near City Park, Canal St, the French Quarter and the CBD, bus lines, bike routes and neighborhood businesses. The property size is 1708 square feet. This property is suitable for owner occupancy or investment.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.8k | $19.80 |
| − Vacancy | −$2.9k | −$1.71 |
| EGI | $30.9k | $18.09 |
| − OpEx | −$9.3k | −$5.43 |
| NOI | $21.6k | $12.66 |
1,708 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.0K
$270.4K – $360.5K
NOI $21,628 @ 7.0% cap · market cap 8.10%
Second Best
Apartment 5plus
$284.0K
$248.5K – $331.3K
NOI $19,879 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$446.9K
$391.1K – $521.4K
NOI $31,285 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0749902
- Latitude
- 29.9778695
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Classic 7th Ward double near Fairgrounds and Bayou St. John.
Where is this duplex located?
The property is located at 2517-19 Laharpe Street New Orleans, LA.
What is the asking price?
The asking price for this property is $267,000.
What are key features of this property?
This property features: Prime location: Minutes from Fairgrounds, Bayou St. John, City Park, Canal St., French Quarter, and CBD.; Historic 7th Ward shotgun double with potential for owner‑occupancy or investment.; Two units, each with 2 bedrooms and 1 bath.
