Historic Duplex with Owner-Occupy
3617-19 Danneel Street New Orleans, LA 70115
3617-19 Danneel Street, New Orleans, LA, 70115
$250,000
For Sale
$250,000
Uptown New Orleans duplex with two 2-bedroom, 1-bath units, built in the late 1800s and ready for updates.
Property Size1,700 SF
Price / SF$147.06
Days on Market131
Property Features for 3617-19 Danneel Street
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1900
Listing agency
Hera Realty
(504) 428-4230
Listed by
Patricia Stevens · License #912122943
(504) 428-4230
Source
Compass
Added: Mar 15 Updated: Jul 22 at 9:35PM Checked: Jul 22 at 9:35PM
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 Hera Realty
Investment Insights
Based on property information with market context.
This historic duplex in Uptown New Orleans was built in the late 1800s and features two separate residences. Each side includes 2 bedrooms and 1 bathroom, making the property well suited for an owner-occupant setup where one unit can be lived in while the other is rented.
The property is zoned HU-RD2 and is described as ready for updates and repairs. Buyers should expect to restore and customize the duplex to suit their preferences and priorities.
As provided, the offering includes the full duplex structure at 3617-19 Danneel Street and is noted as eligible for HomePath financing.
The property is zoned HU-RD2 and is described as ready for updates and repairs. Buyers should expect to restore and customize the duplex to suit their preferences and priorities.
As provided, the offering includes the full duplex structure at 3617-19 Danneel Street and is noted as eligible for HomePath financing.
Key Highlights
- Uptown New Orleans duplex with 2 units, each with 2 bedrooms and 1 full bathroom (4 beds total, 2 baths total).
- 1‑story duplex with asphalt roof and pillar/post/pier foundation details.
- Built in 1900 (late 1800s per remarks) with historic architectural character.
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 | $22.8k | $13.44 |
| − Vacancy | −$2.0k | −$1.16 |
| EGI | $20.9k | $12.28 |
| − OpEx | −$6.3k | −$3.68 |
| NOI | $14.6k | $8.60 |
1,700 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.7K
$182.7K – $243.5K
NOI $14,612 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$185.0K
$161.9K – $215.9K
NOI $12,953 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$448.5K
$392.5K – $523.3K
NOI $31,396 @ 7.0% cap · market cap 12.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Uptown New Orleans duplex with two 2-bedroom, 1-bath units, built in the late 1800s and ready for updates.
Where is this duplex located?
The property is located at 3617-19 Danneel Street New Orleans, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Uptown New Orleans duplex with 2 units, each with 2 bedrooms and 1 full bathroom (4 beds total, 2 baths total).; 1‑story duplex with asphalt roof and pillar/post/pier foundation details.; Built in 1900 (late 1800s per remarks) with historic architectural character.
