Two-Unit Duplex with Front
3034-36 Upperline Street New Orleans, LA 70125
For Sale
$299,000
Classic duplex offering two separate units, each with spacious living areas, bedrooms, and a huge shared front porch.
Property Size2,000 SF
Price / SF$149.50
Days on Market88
Property Features for 3034-36 Upperline Street
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1941
Listing Agency:
REMAX N.O. Properties
(504) 261-0282
Listed By:
Haj Langford · License #000028636
(504) 261-0282
Source:
Compass
Added: Apr 28
Changed: Jul 22
Last Checked: Jul 23 at 9:42AM
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 REMAX N.O. Properties
Investment Insights
Based on property information with market context.
3034-3036 Upperline Street presents a classic New Orleans duplex configured as two separate residences. Each side includes comfortable living areas, generously sized bedrooms, and historic character throughout. The home features a huge front porch, along with abundant natural light and high ceilings that contribute to a welcoming interior feel.
Located in Uptown, the property places residents within easy reach of area restaurants, shopping, parks, universities, hospitals, and cultural attractions. It’s well suited for an owner-occupant looking to live in one unit while renting the other for rental income support.
The duplex setup offers practical flexibility for privacy and independence between households, while maintaining a straightforward two-unit structure for buyers seeking residential income within a single property.
Located in Uptown, the property places residents within easy reach of area restaurants, shopping, parks, universities, hospitals, and cultural attractions. It’s well suited for an owner-occupant looking to live in one unit while renting the other for rental income support.
The duplex setup offers practical flexibility for privacy and independence between households, while maintaining a straightforward two-unit structure for buyers seeking residential income within a single property.
Key Highlights
- Classic New Orleans double at 3034‑3036 Upperline St with 2 full bathrooms and 4 total bedrooms
- Central heating and central air
- Separate 1‑story duplex with wood siding construction and asphalt roof
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 | $39.6k | $19.80 |
| − Vacancy | −$3.4k | −$1.71 |
| EGI | $36.2k | $18.09 |
| − OpEx | −$10.9k | −$5.43 |
| NOI | $25.3k | $12.66 |
2,000 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.8K
$316.6K – $422.1K
NOI $25,325 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$332.5K
$291.0K – $388.0K
NOI $23,278 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$508.3K
$444.8K – $593.1K
NOI $35,583 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Classic duplex offering two separate units, each with spacious living areas, bedrooms, and a huge shared front porch.
Where is this duplex located?
The property is located at 3034-36 Upperline Street New Orleans, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Classic New Orleans double at 3034‑3036 Upperline St with 2 full bathrooms and 4 total bedrooms; Central heating and central air; Separate 1‑story duplex with wood siding construction and asphalt roof
