For Sale
$375,000
2817 UPPERLINE Street, New Orleans, LA 70115
Multifamily, New Orleans, LA
Property Size2,314 SF
Lot Size0.15 Acres
Price / SF$162.06
Days on Market215
Property Features for 2817 UPPERLINE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6
Parking
3
Parking features
Driveway, Parking Lot
Patio and Porch features
Porch
Directions
From Claiborne, turn toward river on Cadiz, left on Clara, right on Upperline
Standard status
Active
APN
614335710
Size
2,314 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
SQ 655 LOT 14 UPPERLINE 30X224 OVER 220 2817-19 UPPERLINE ST DU-RAISED-W FILE #86767 1/04 SALW
Legal Description
SQ 655 LOT 14 UPPERLINE 30X224 OVER 220 2817-19 UPPERLINE ST DU-RAISED-W FILE #86767 1/04 SALW
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Number of units
2
Building materials
Frame, Asbestos
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Michael E Humphrey · License #995707327
(504) 756-3133
Added: Mar 24
Changed: Oct 23
Last Checked: Oct 24 at 3:06AM
MLS# 2548334
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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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,889
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,780
$397.8K
Cap Rate 7%
$284,129
$284.1K
Cap Rate 9%
$220,989
$221.0K
Market Conditions
NOI Build-Up for 2,314 SF
Gross rent
$31.1K $13.44/SF
− Vacancy
−$2.7K −$1.16/SF
EGI
$28.4K $12.28/SF
− OpEx
−$8.5K −$3.68/SF
NOI
$19.9K $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%
$397,780
Cap Rate 7%
$284,129
Cap Rate 9%
$220,989
Alternative Uses
Best Use
Multifamily LT 5
$284.1K
$248.6K – $331.5K
NOI $19,889 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$251.9K
$220.4K – $293.9K
NOI $17,631 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$610.5K
$534.2K – $712.3K
NOI $42,735 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,617
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
Where is this duplex located?
The property is located at 2817 UPPERLINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $375,000.
