Renovated Multifamily
1472 Constance St New Orleans, LA 70130
For Sale
$574,000
MULTI_FAMILY - New Orleans, LA
Property Size3,300 SF
Lot Size0.07 Acres
Price / SF$173.94
Days on Market130
Property Features for 1472 Constance St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Microwave, Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- SQ 113 LOT 25 OR S CONSTANCE 33'43'/33'63'X95'11' 1172-74 CONSTANCE
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Electric (Heating)
- Cooling system
- Window Unit(s), Wall Unit(s)
- Water source
- Public
Building Details
- Flooring type
- Wood
- Building materials
- Wood Siding, Frame
- Roof type
- Shingle
Listing Agency:
ListWithFreedom.com, Inc
(855) 456-4945
Listed By:
Kurt Clements · License #201252982
(855) 456-4945
Added: Mar 16
Changed: Jul 10
Last Checked: Jul 23 at 10:06PM
MLS# 2026004666
Copyright © 2026 Greater Baton Rouge 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 renovated multifamily residence was updated in 2015 and features refinished hardwood floors, original mantels, and decorative fireplaces. Interiors include high ceilings, pocket doors, ceiling fans, and large living areas. All bedrooms are located upstairs, and the property also offers individual balconies and private courtyards.
Located at 1472 Constance St in New Orleans (70130), the property is described as being in the Lower Garden District. Public remarks note it is down the block from local sit-in restaurants and Hotel Saint Vincent, with an easy five-minute drive to downtown.
With an approximate total size of 3,300 square feet and a lot size of about 0.07 acres, the home presents a cohesive layout centered on upstairs bedrooms, generous common living spaces, and multiple private outdoor areas.
Located at 1472 Constance St in New Orleans (70130), the property is described as being in the Lower Garden District. Public remarks note it is down the block from local sit-in restaurants and Hotel Saint Vincent, with an easy five-minute drive to downtown.
With an approximate total size of 3,300 square feet and a lot size of about 0.07 acres, the home presents a cohesive layout centered on upstairs bedrooms, generous common living spaces, and multiple private outdoor areas.
Key Highlights
- Renovated in 2015
- Refinished hardwood floors with original mantels and decorative fireplaces
- High ceilings plus pocket doors and ceiling fans
Financial Insights For Apartment 5plus
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 | $76.8k | $23.28 |
| − Vacancy | −$7.0k | −$2.12 |
| EGI | $69.8k | $21.16 |
| − OpEx | −$31.4k | −$9.52 |
| NOI | $38.4k | $11.64 |
3,300 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$548.7K
$480.1K – $640.1K
NOI $38,408 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$838.8K
$733.9K – $978.6K
NOI $58,713 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Renovated in 2015 with refinished hardwood floors, decorative fireplaces, and private outdoor space including balconies and courtyards.
Where is this multifamily property located?
The property is located at 1472 Constance St New Orleans, LA.
What is the asking price?
The asking price for this property is $574,000.
What are key features of this property?
This property features: Renovated in 2015; Refinished hardwood floors with original mantels and decorative fireplaces; High ceilings plus pocket doors and ceiling fans
