Renovated Duplex with Off-Street
For Sale
$435,000
2724-26 UPPERLINE Street, New Orleans, LA 70115
Multifamily, New Orleans, LA
Property Size1,792 SF
Lot Size0.12 Acres
Price / SF$242.75
Days on Market145
Property Features for 2724-26 UPPERLINE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking features
Driveway, Off Street
Patio and Porch features
Porch
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
Utilities
Natural Gas Available
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
gated off-street parking
wide driveway
fenced yard
front porches
detached backyard storage
Building Details
Year built
1939
Number of units
2
Building materials
HardiPlank Type
Architectural style
Cottage
Buildings
1
Listing Agency:
Realty One Group Immobilia
(985) 218-8081
Listed By:
Ricardo L Briseno · License #995692712
(504) 628-0391
Added: Jun 1
Changed: Oct 23
Last Checked: Oct 23 at 5:06PM
MLS# 2560138
Copyright © 2026 ROAM MLS. 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 two bedrooms and one full bathroom. Interior updates include open living areas, recessed lighting, crown molding, and stainless steel appliances. The upper residence has hardwood floors, exposed brick, a front balcony, white cabinetry, and a glass-enclosed shower. The lower residence includes separate living and dining areas, wood cabinetry, granite counters, and chandeliers.
Set on 0.124 acres, the property has front porches, a fenced yard, gated off-street parking for multiple vehicles, a wide driveway, and detached storage. Freret Street dining, shops, universities, and entertainment are nearby, with access to Uptown and Downtown New Orleans. The building dates to 1939 and has central heating and air conditioning.
Set on 0.124 acres, the property has front porches, a fenced yard, gated off-street parking for multiple vehicles, a wide driveway, and detached storage. Freret Street dining, shops, universities, and entertainment are nearby, with access to Uptown and Downtown New Orleans. The building dates to 1939 and has central heating and air conditioning.
Key Highlights
- Two‑unit duplex with 1,792 square feet of living area
- Each unit has 2 bedrooms and 1 full bathroom
- 0.124‑acre lot with fenced yard and detached storage
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 - Both residences feature two bedrooms, one full bath, updated kitchens, and open living areas.
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: Two‑unit duplex with 1,792 square feet of living area; Each unit has 2 bedrooms and 1 full bathroom; 0.124‑acre lot with fenced yard and detached storage
