Brick Duplex with
For Sale
$472,500
6017 BELLAIRE Drive, New Orleans, LA 70124
Multi-Family, Traditional, New Orleans, LA
Property Size2,444 SF
Lot Size0.12 Acres
Price / SF$193.33
Days on Market102
Property Features for 6017 BELLAIRE Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Carport, Off Street
Exterior features
Fence
Fencing
Fenced
Lot features
Regular
Standard status
Active
APN
716503933
Size
2,444 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
METAIRIE PARK SUB DIV SQ 41 LOT A BELLAIRE 60 X 89 6017-19 BELLAIRE
Legal Description
METAIRIE PARK SUB DIV SQ 41 LOT A BELLAIRE 60 X 89 6017-19 BELLAIRE
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-unit laundry hookups
ceiling fans
separate entrances
attached carport/storage area
off-street parking
Building Details
Year built
1978
Floors in Building
1
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing Agency:
1 Percent Lists Legacy
(504) 499-0047
Listed By:
Richard Miley
(985) 265-2046
Added: Jun 26
Changed: Sep 22
Last Checked: Oct 5 at 12:06PM
MLS# 2564969
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 2,444-square-foot duplex contains two residential units, each with 3 bedrooms, 2 full bathrooms, a living area, dining space, and in-unit laundry hookups. Both kitchens include wood cabinetry, granite-style countertops, stainless appliances, gas cooking, and storage. Tile and wood-look flooring run throughout the interiors, which also feature ceiling fans and generously sized bedrooms. Separate entrances, attached carport storage, off-street parking, and fenced grounds add practical functionality. The property has brick construction, central heating and cooling, public water, and a shingle roof replaced in 2022.
Located at 6017 BELLAIRE Drive in New Orleans, the duplex is in West Lakeview with access to Veterans Blvd, I-10, Downtown New Orleans, City Park, the lakefront, restaurants, shopping, and Metairie amenities. The property is in Flood Zone X. One unit is currently leased, while the second provides additional residential occupancy flexibility.
Located at 6017 BELLAIRE Drive in New Orleans, the duplex is in West Lakeview with access to Veterans Blvd, I-10, Downtown New Orleans, City Park, the lakefront, restaurants, shopping, and Metairie amenities. The property is in Flood Zone X. One unit is currently leased, while the second provides additional residential occupancy flexibility.
Key Highlights
- 2,444‑square‑foot duplex with two 3‑bedroom, 2‑bathroom units
- New roof installed in 2022
- Each unit includes laundry hookups, separate entrances, and living and dining areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,947
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,940
$618.9K
Cap Rate 7%
$442,100
$442.1K
Cap Rate 9%
$343,856
$343.9K
Market Conditions
NOI Build-Up for 2,444 SF
Gross rent
$48.4K $19.80/SF
− Vacancy
−$4.2K −$1.71/SF
EGI
$44.2K $18.09/SF
− OpEx
−$13.3K −$5.43/SF
NOI
$30.9K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,940
Cap Rate 7%
$442,100
Cap Rate 9%
$343,856
Alternative Uses
Best Use
Multifamily LT 5
$442.1K
$386.8K – $515.8K
NOI $30,947 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$406.4K
$355.6K – $474.1K
NOI $28,445 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$621.2K
$543.5K – $724.7K
NOI $43,483 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Explore this area
Business Placement
Demographics for 70124, LA
22,777
Population
8,919
Households
2.6
Avg Household Size
37
Median Age
70%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,400
Density / Sq Mi
$121,318
Median Household Income
$66,323
Median Earnings
$1,752
Median Rent
$577,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two well-configured units offer private entrances, laundry hookups, off-street parking, and separate carport storage.
Where is this duplex located?
The property is located at 6017 BELLAIRE Drive New Orleans, LA.
What is the asking price?
The asking price for this property is $472,500.
What are key features of this property?
This property features: 2,444‑square‑foot duplex with two 3‑bedroom, 2‑bathroom units; New roof installed in 2022; Each unit includes laundry hookups, separate entrances, and living and dining areas
