1820 TOLEDANO Street New Orleans, LA 70115
MULTI_FAMILY - New Orleans, LA
Property Features for 1820 TOLEDANO Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Balcony, Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 1820-toledanost
- Size
- 3,926 SF
Taxes and HOA fees
- Tax Description
- SQ 465 LOT 24
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Joshua Walther License #000076446 (504) 453-2277
Listing office Witry Collective, L.L.C. 3640 Magazine St, New Orleans, LA (504) 291-2022
Listing date Jun 24, 2026
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 in Uptown New Orleans at 1820 Toledano Street, the property is described as being about three blocks from St. Charles Avenue and the streetcar line, and about one block from Louisiana Avenue with multiple RTA bus routes nearby. The offering is also positioned near the Mardi Gras parade route and within reach of Fresh Market, Touro Hospital, and the dining and retail options along Magazine Street.
All units are presented as part of a turnkey investment or owner-occupant setup, depending on the buyer’s preference.
Key Highlights
- Uptown New Orleans 4‑plex built in 1963 with public water and a shingle roof
- Two upper units have central HVAC; two lower units use window unit cooling
- Lower units include front porch access; upper units offer private deck space
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 | $52.8k | $13.44 |
| − Vacancy | −$4.6k | −$1.16 |
| EGI | $48.2k | $12.28 |
| − OpEx | −$14.5k | −$3.68 |
| NOI | $33.7k | $8.60 |
