New Orleans Multifamily
1430 N DERBIGNY Street, New Orleans, LA 70116
MULTI_FAMILY - New Orleans, LA
Property size:
3,573 SFLot size:
0.07 AcresPrice / SF:
$181/SF- Added:
- Jan 14, 2026
- Days on Market:
- 139
- Last Refresh:
- Jun 2 at 2:06 am
Property Features for 1430 N DERBIGNY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 37W108709
- Size
- 3,573 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- AS PER TITLE
Utilities
- Heating system
- Central
- Cooling system
- Wall Unit(s), Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Rachel Silvers License #995694275 (504) 256-6311
Listing office Galiano Realty 3414 B Canal Street, New Orleans, LA (504) 256-6311
Listing date Jan 14, 2026
MLS# 2537993
Listing URL
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.
HighLights
- Multi‑family property with a STUNNING primary residence upstairs and two separate ground‑floor units.
- Prime location minutes from the French Quarter, restaurants, and downtown New Orleans attractions.
- Sunlit, open‑concept upstairs owner's unit with soaring ceilings, ornate crown molding, exposed brick, and classic transoms.
- Chef's kitchen featuring CUSTOM imported granite countertops and high‑end stainless steel appliances.
- Low‑maintenance backyard with turf, covered patio area, and full fencing.
- Whole‑home generator for uninterrupted power supply.
Overview
This multifamily property in New Orleans features a primary residence upstairs and two separate ground-floor units. The upstairs owner's unit has an open-concept living room with soaring ceilings, ornate crown molding, exposed brick, and classic transoms. The kitchen includes custom imported granite countertops and high-end stainless steel appliances. The primary en suite features an imported-granite double vanity, a large soaking tub, and a walk-in closet. The ground-floor front unit is a spacious 1 bedroom, 1 bathroom layout with an open concept. The ground-floor rear unit has 1 bedroom and 1.5 bathrooms, a large living room, a generous kitchen, and a laundry room. The property's exterior includes a large balcony and a low-maintenance backyard with turf, a covered patio area, a whole-home generator, and full fencing. The property is located minutes from the French Quarter, restaurants, and downtown attractions. The property size is 3573 square feet and the lot size is 0.0712 acres.
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 | $70.7k | $19.80 |
| − Vacancy | −$6.1k | −$1.71 |
| EGI | $64.6k | $18.09 |
| − OpEx | −$19.4k | −$5.43 |
| NOI | $45.2k | $12.66 |
3,573 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$646.3K
$565.5K – $754.1K
NOI $45,243 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$594.1K
$519.8K – $693.1K
NOI $41,586 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$908.1K
$794.6K – $1.06M
NOI $63,570 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.068845
- Latitude
- 29.970575
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Multifamily property with primary residence plus two ground-floor units.
Where is this triplex located?
The property is located at 1430 N DERBIGNY Street New Orleans, LA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Multi‑family property with a STUNNING primary residence upstairs and two separate ground‑floor units.; Prime location minutes from the French Quarter, restaurants, and downtown New Orleans attractions.; Sunlit, open‑concept upstairs owner's unit with soaring ceilings, ornate crown molding, exposed brick, and classic transoms.
