Duplex with Two Distinct
For Sale
$284,000
8301-8303 BELFAST Street, New Orleans, LA 70118
Multifamily, New Orleans, LA
Property Size1,960 SF
Lot Size0.09 Acres
Price / SF$144.90
Days on Market133
Property Features for 8301-8303 BELFAST Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1
Parking
2
Parking features
Driveway
Patio and Porch features
Porch
Lot features
Corner Lot
Standard status
Active
APN
716325005
Size
1,960 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
SQ 391 LOT G BELFAST & DANTE 40 X 100 8301-03 BELFAST
Legal Description
SQ 391 LOT G BELFAST & DANTE 40 X 100 8301-03 BELFAST
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Building Details
Year built
1925
Number of units
2
Building materials
Frame, Wood Siding
Buildings
1
Listing Agency:
KELLER WILLIAMS REALTY 4550100
(504) 455-0100
Listed By:
Jerran A McCann · License #995704296
(504) 615-3946
Added: Jun 13
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2562909
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 1,960-square-foot duplex contains two separate residences on a 0.0918-acre lot. The first unit is a one-bedroom, one-bathroom loft; the second has three bedrooms, two full bathrooms and a converted attic used as a bonus room. A porch and driveway parking are also present. The 1925 building has frame construction with wood siding, central heating, and cooling that includes central air and a window unit.
The property is in New Orleans, Louisiana, and is identified as Flood Zone X. Public water and sewer serve the site, and natural gas is available. The listing also notes that updates are needed.
The property is in New Orleans, Louisiana, and is identified as Flood Zone X. Public water and sewer serve the site, and natural gas is available. The listing also notes that updates are needed.
Key Highlights
- Two separate units: a one‑bedroom, one‑bathroom loft and a three‑bedroom, two‑bathroom residence
- 1,960 square feet on a 0.0918‑acre lot
- Converted attic provides a bonus room in the three‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,818
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,360
$496.4K
Cap Rate 7%
$354,543
$354.5K
Cap Rate 9%
$275,756
$275.8K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$38.8K $19.80/SF
− Vacancy
−$3.4K −$1.71/SF
EGI
$35.5K $18.09/SF
− OpEx
−$10.6K −$5.43/SF
NOI
$24.8K $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%
$496,360
Cap Rate 7%
$354,543
Cap Rate 9%
$275,756
Alternative Uses
Best Use
Multifamily LT 5
$354.5K
$310.2K – $413.6K
NOI $24,818 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$325.9K
$285.2K – $380.2K
NOI $22,812 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$498.2K
$435.9K – $581.2K
NOI $34,872 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Explore this area
Business Placement
Demographics for 70118, LA
35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences provide a one-bedroom loft and a three-bedroom home with a converted attic bonus room.
Where is this duplex located?
The property is located at 8301-8303 BELFAST Street New Orleans, LA.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: Two separate units: a one‑bedroom, one‑bathroom loft and a three‑bedroom, two‑bathroom residence; 1,960 square feet on a 0.0918‑acre lot; Converted attic provides a bonus room in the three‑bedroom unit
