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Renovated Duplex With Gated Parking

2724-26 UPPERLINE Street New Orleans, LA 70115

2724-26 UPPERLINE Street, New Orleans, LA, 70115
$435,000
For Sale
$435,000

MULTI_FAMILY - New Orleans, LA

Property Size1,792 SF
Lot Size0.12 Acres
Price / SF$242.75
Days on Market47

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
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

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

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
137 Girod St., Mandeville, LA
Listed by Richard Briseno · License #995692712
Added: Jun 1 Checked: Jul 17 at 6:06 am
MLS# 2560138 Listing URL

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 fully renovated duplex offers two separate units, each featuring 2 bedrooms and 1 full bath. Both layouts include bright, open living areas with recessed lighting, and updated interiors with decorative finishes and upgraded kitchens and baths.

The property includes a spacious front balcony and exterior porches, plus a fenced yard and detached backyard storage. Off-street parking is available behind a gated setup with a wide driveway suitable for multiple vehicles.

Located in New Orleans, the duplex is offered as a turnkey multi-family property with modern updates throughout.

Key Highlights

  • Fully renovated duplex with 2 beds and 1 full bath per unit
  • Central heating and central air, with shingle roof
  • Each unit has open‑concept living with recessed lighting and crown molding

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 $24.1k $13.44
− Vacancy −$2.1k −$1.16
EGI $22.0k $12.28
− OpEx −$6.6k −$3.68
NOI $15.4k $8.60
1,792 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$220.0K
$192.5K – $256.7K (±1% cap)
NOI $15,403 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$195.1K
$170.7K – $227.6K (±1% cap)
NOI $13,654 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$472.8K
$413.7K – $551.6K (±1% cap)
NOI $33,095 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Nail Salon Kitchen & Bath Showroom Electrical Service Hair Salon HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Parts Store Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully renovated duplex with two 2-bedroom, 1-bath units, gated off-street parking, porches, and fenced yard.
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: Fully renovated duplex with 2 beds and 1 full bath per unit; Central heating and central air, with shingle roof; Each unit has open‑concept living with recessed lighting and crown molding
Contact an agent
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