Shotgun
For Sale
$210,000
Pending
8615 BIRCH Street, New Orleans, LA 70118
Multifamily, New Orleans, LA
Property Size1,631 SF
Lot Size0.11 Acres
Days on Market95
Property Features for 8615 BIRCH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
Parking features
Off Street
Directions
Near Carrollton Avenue
Standard status
Pending
APN
716206522
Size
1,631 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
SQ 207 LOT R-3 BIRCH 33 8 X 150 8615-17 BIRCH
Legal Description
SQ 207 LOT R-3 BIRCH 33 8 X 150 8615-17 BIRCH
Utilities
Utilities
Natural Gas Available
Heating system
Central
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1940
Number of units
2
Building materials
Wood Siding
Architectural style
Shotgun
Listing Agency:
Service 1st Real Estate
(225) 503-2525
Listed By:
Ashley L Stevenson · License #995711979
(504) 975-2491
Added: Jul 21
Changed: Oct 23
Last Checked: Oct 23 at 9:06PM
MLS# 2568768
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 1,631-square-foot duplex dates to 1940 and has a shotgun-style layout with wood siding. The property includes four bedrooms and two bathrooms, along with central heating and a mix of central air conditioning and window units.
Set on a 0.1136-acre lot in New Orleans’ Leonidas area, the property has off-street parking. Public water serves the site, and natural gas is available.
Set on a 0.1136-acre lot in New Orleans’ Leonidas area, the property has off-street parking. Public water serves the site, and natural gas is available.
Key Highlights
- 1,631 square feet on a 0.1136‑acre lot
- Shotgun‑style duplex built in 1940, with wood siding
- Four bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,983
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,660
$379.7K
Cap Rate 7%
$271,186
$271.2K
Cap Rate 9%
$210,922
$210.9K
Market Conditions
NOI Build-Up for 1,631 SF
Gross rent
$38.0K $23.28/SF
− Vacancy
−$3.5K −$2.12/SF
EGI
$34.5K $21.16/SF
− OpEx
−$15.5K −$9.52/SF
NOI
$19.0K $11.64/SF
Area
New Orleans, LA
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,660
Cap Rate 7%
$271,186
Cap Rate 9%
$210,922
Alternative Uses
Best Use
Multifamily LT 5
$295.0K
$258.2K – $344.2K
NOI $20,653 @ 7.0% cap · market cap 9.83%
Second Best
Apartment 5plus
$271.2K
$237.3K – $316.4K
NOI $18,983 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$414.5K
$362.7K – $483.6K
NOI $29,018 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
875
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
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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 - The 1940 property offers off-street parking and central heating.
Where is this duplex located?
The property is located at 8615 BIRCH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 1,631 square feet on a 0.1136‑acre lot; Shotgun‑style duplex built in 1940, with wood siding; Four bedrooms and two bathrooms
