Charming New Orleans
1472 N PRIEUR Street New Orleans, LA 70116
1472 N PRIEUR Street, New Orleans, LA, 70116
$350,000
For Sale
$350,000
MULTI_FAMILY - New Orleans, LA
Property Size1,997 SF
Lot Size0.08 Acres
Price / SF$175.26
Days on Market94
Property Features for 1472 N PRIEUR Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 37W111320
- Size
- 1,997 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Description
- SQ 896 LOT 21 OR PT 18 N PRIEUR 33 X 100 DBLE 1/ST 5/RMS S/R SEE E RECORD TAX SALE
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Victorian
Listing Agency
Crescent City Living, LLC
(504) 327-5303
3205 Orleans Avenue, New Orleans, LA
Listed by
Leslie Heindel · License #995688679
(504) 327-5303
Added: Apr 15 Checked: Jul 17 at 6:06 pm
MLS# 2553121
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.
Investment Insights
Based on property information with market context.
Located on a desirable block in the Esplanade Ridge neighborhood, this New Orleans double offers a blend of timeless charm and a modern floor plan. The side hall layout provides independent bedrooms and privacy. The property retains the character of a historic home, featuring hardwood floors, architectural brackets, 12-foot ceilings, and claw-foot tubs. Modern updates include newer windows, updated kitchens, and larger bathrooms. The kitchen has been upgraded with stainless steel appliances and granite countertops, and is spacious enough for a table or a large kitchen island. The property includes a backyard with a deck and grass. The location provides walkability to Jazz Fest, biking distance to City Park, and a short drive to the French Quarter. Nearby amenities include Old Road Coffee and The Flagpole, as well as proximity to Esplanade Ave, Pagoda Cafe, Leo's Bakery, and the Degas house. The property is situated in an X flood zone and has a termite contract and separate meters for both units. The property size is 1997 square feet and the lot size is 0.0758 acres.
Key Highlights
- 1920 Victorian New Orleans double with side hall layout and separate, private bedrooms
- Historic details include hardwood floors, architectural brackets, and 12' ceilings, plus claw‑foot tubs
- Updated kitchen with stainless steel appliances and granite countertops
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 | $39.5k | $19.80 |
| − Vacancy | −$3.4k | −$1.71 |
| EGI | $36.1k | $18.09 |
| − OpEx | −$10.8k | −$5.43 |
| NOI | $25.3k | $12.66 |
1,997 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$361.2K
$316.1K – $421.5K
NOI $25,287 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$332.0K
$290.5K – $387.4K
NOI $23,243 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$507.6K
$444.1K – $592.2K
NOI $35,530 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Historic double with modern updates in Esplanade Ridge.
Where is this duplex located?
The property is located at 1472 N PRIEUR Street New Orleans, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1920 Victorian New Orleans double with side hall layout and separate, private bedrooms; Historic details include hardwood floors, architectural brackets, and 12' ceilings, plus claw‑foot tubs; Updated kitchen with stainless steel appliances and granite countertops
