Shotgun-Style Duplex with Central
3809 DAUPHINE Street New Orleans, LA 70117
3809 DAUPHINE Street, New Orleans, LA, 70117
$479,000
For Sale
$479,000
MULTI_FAMILY - New Orleans, LA
Property Size2,591 SF
Price / SF$184.87
Days on Market127
Property Features for 3809 DAUPHINE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 3809
- Size
- 2,591 SF
Taxes and HOA fees
- Tax Description
- SQ 243 LOT R PT 2 3
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Crane Realtors
(504) 210-2014
138 N Cortez Street, New Orleans, LA
Listed by
Aaron Dare · License #995681183
(504) 899-8666
Added: Mar 13 Checked: Jul 17 at 10:06 pm
MLS# 2547446
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.
This Bywater double offers two distinct floor plans within a classic New Orleans layout. Unit 3809 features a traditional shotgun-style layout with original hardwood floors and historic architectural details. Unit 3811 has been thoughtfully updated in a side hall configuration and includes central A/C, while preserving the home’s original character. Across both units, tall ceilings, abundant natural light, and original wood flooring carry the historic look throughout.
The property is located in the heart of the Bywater within a highly walkable neighborhood, with nearby local restaurants, coffee shops, and neighborhood favorites within easy reach.
With two separate units and different interior configurations, this property can work well for owner-occupants seeking flexibility, or for investors looking for a residential income opportunity. The combination of historic features and practical updates in one unit supports a range of tenant and occupancy strategies while keeping the overall character of the building intact.
The property is located in the heart of the Bywater within a highly walkable neighborhood, with nearby local restaurants, coffee shops, and neighborhood favorites within easy reach.
With two separate units and different interior configurations, this property can work well for owner-occupants seeking flexibility, or for investors looking for a residential income opportunity. The combination of historic features and practical updates in one unit supports a range of tenant and occupancy strategies while keeping the overall character of the building intact.
Key Highlights
- New Orleans double with 3809 and 3811, featuring traditional shotgun‑style layouts and original hardwood floors
- 3811 includes a side hall configuration and central A/C
- Heating is central; cooling includes central air and window unit(s)
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 | $51.3k | $19.80 |
| − Vacancy | −$4.4k | −$1.71 |
| EGI | $46.9k | $18.09 |
| − OpEx | −$14.1k | −$5.43 |
| NOI | $32.8k | $12.66 |
2,591 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$468.7K
$410.1K – $546.8K
NOI $32,809 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$430.8K
$377.0K – $502.6K
NOI $30,156 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$658.5K
$576.2K – $768.3K
NOI $46,098 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit Bywater double offers original hardwood, historic details, and central A/C in one unit.
Where is this duplex located?
The property is located at 3809 DAUPHINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: New Orleans double with 3809 and 3811, featuring traditional shotgun‑style layouts and original hardwood floors; 3811 includes a side hall configuration and central A/C; Heating is central; cooling includes central air and window unit(s)
