diff --git a/Library/Homebrew/cmd/upgrade.rb b/Library/Homebrew/cmd/upgrade.rb
index 1afef1261a1f..7ec02a0b5898 100644
--- a/Library/Homebrew/cmd/upgrade.rb
+++ b/Library/Homebrew/cmd/upgrade.rb
@@ -21,7 +21,9 @@ def upgrade
       Homebrew.outdated_brews
     else
       ARGV.formulae.select do |f|
-        unless f.rack.exist? and not f.rack.children.empty?
+        if f.installed?
+          onoe "#{f}-#{f.installed_version} already installed"
+        elsif not f.rack.exist? or f.rack.children.empty?
           onoe "#{f} not installed"
         else
           true
diff --git a/Library/Homebrew/formula.rb b/Library/Homebrew/formula.rb
index d6f9f8f7b837..57e5f76de6e5 100644
--- a/Library/Homebrew/formula.rb
+++ b/Library/Homebrew/formula.rb
@@ -105,6 +105,11 @@ def installed_prefix
     end
   end
 
+  def installed_version
+    require 'keg'
+    Keg.new(installed_prefix).version
+  end
+
   def prefix
     validate_variable :name
     validate_variable :version
diff --git a/Library/Homebrew/formula_installer.rb b/Library/Homebrew/formula_installer.rb
index 7421cabe0821..06ac93975cbc 100644
--- a/Library/Homebrew/formula_installer.rb
+++ b/Library/Homebrew/formula_installer.rb
@@ -24,8 +24,7 @@ def initialize ff, tab=nil
 
   def check_install_sanity
     if f.installed?
-      keg = Keg.new(f.installed_prefix)
-      raise CannotInstallFormulaError, "#{f}-#{keg.version} already installed"
+      raise CannotInstallFormulaError, "#{f}-#{f.installed_version} already installed"
     end
 
     # Building head-only without --HEAD is an error