Renovated Duplex with
For Sale
$435,000
2724-26 UPPERLINE Street, New Orleans, LA 70115
Multi-Family, Cottage, New Orleans, LA
Property Size1,792 SF
Lot Size0.12 Acres
Price / SF$242.75
Days on Market141
Property Features for 2724-26 UPPERLINE Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Off Street, Driveway
Patio and Porch features
Porch
Exterior features
Balcony, Fence, Porch
Fencing
Fenced
Lot features
Regular
Standard status
Active
APN
614334612
Size
1,792 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
SQ 644 LOT 27 45X120 2724-26 UPPERLINE DU-W
Legal Description
SQ 644 LOT 27 45X120 2724-26 UPPERLINE DU-W
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
gated off-street parking
front porches
balcony
fenced yard
detached backyard storage
Building Details
Year built
1939
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Cottage
Listing Agency:
Realty One Group Immobilia
(985) 218-8081
Listed By:
Richard Briseno
(504) 628-0391
Added: Jun 1
Changed: Sep 16
Last Checked: Oct 19 at 9:06PM
MLS# 2560138
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.
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Investment Insights
Based on property information with market context.
This 1,792-square-foot duplex contains two residences, each with 2 bedrooms and 1 full bath. The property was built in 1939 and fully renovated with open living areas, recessed lighting, crown molding, and updated kitchens. Features include stainless steel appliances, custom cabinetry, quartz-style and granite counters, hardwood flooring in the upper unit, exposed brick accents, and a marble bath with a glass-enclosed shower. Central heating and central air serve the building.
Exterior improvements include front porches, a front balcony, a fenced yard, a wide driveway, gated off-street parking, and detached backyard storage. The property occupies 0.124 acres and has public water service with a shingle roof. It is located on Upperline Street in New Orleans, near Freret Street dining, shopping, universities, and entertainment, with access to Uptown and Downtown.
Exterior improvements include front porches, a front balcony, a fenced yard, a wide driveway, gated off-street parking, and detached backyard storage. The property occupies 0.124 acres and has public water service with a shingle roof. It is located on Upperline Street in New Orleans, near Freret Street dining, shopping, universities, and entertainment, with access to Uptown and Downtown.
Key Highlights
- 1,792‑square‑foot duplex with two 2‑bedroom, 1‑bath units
- Fully renovated interiors with updated kitchens and modern finishes
- Upper unit includes a front balcony, hardwood floors, and exposed brick accents
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,403
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,060
$308.1K
Cap Rate 7%
$220,043
$220.0K
Cap Rate 9%
$171,144
$171.1K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$24.1K $13.44/SF
− Vacancy
−$2.1K −$1.16/SF
EGI
$22.0K $12.28/SF
− OpEx
−$6.6K −$3.68/SF
NOI
$15.4K $8.60/SF
Area
ZIP 70115
Vacancy
8.64%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,060
Cap Rate 7%
$220,043
Cap Rate 9%
$171,144
Alternative Uses
Best Use
Multifamily LT 5
$220.0K
$192.5K – $256.7K
NOI $15,403 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$195.1K
$170.7K – $227.6K
NOI $13,654 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$472.8K
$413.7K – $551.6K
NOI $33,095 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,568
Businesses Nearby
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Business Placement
Demographics for 70115, LA
31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two 2-bedroom units combine updated interiors with gated off-street parking and fenced outdoor space.
Where is this duplex located?
The property is located at 2724-26 UPPERLINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 1,792‑square‑foot duplex with two 2‑bedroom, 1‑bath units; Fully renovated interiors with updated kitchens and modern finishes; Upper unit includes a front balcony, hardwood floors, and exposed brick accents
