1001 N RAMPART Street, New Orleans, LA 70116
- Added:
- Feb 12, 2026
- Days on Market:
- 121
- Last Refresh:
- Jun 13 at 4:06 am
Property Features for 1001 N RAMPART Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Exterior features
- Balcony
- Standard status
- Active
- APN
- 1001-NRAMPARTST
- Size
- 4,814 SF
Taxes and HOA fees
- Tax Description
- SQ 112 LOT 1 NRAMPART AND STPHILIP 31X127
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
Listing agent Kim Carnegie License #995681108 (337) 522-7554
Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA (337) 522-7554
Listing date Feb 12, 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.
HighLights
- Prime location in the heart of Treme, adjacent to Louis Armstrong Park and just outside the French Quarter.
- Commercially zoned, offering a rare investment opportunity.
- Large interior footprint of approximately 4,800 square feet with multiple redevelopment possibilities.
- Divisible into two units, providing flexibility for income generation.
- Features 10 bedrooms and 5.5 bathrooms, offering scale and adaptability.
- Strong visibility on North Rampart Street in an iconic and culturally rich corridor.
Overview
The property is located at 1001 N Rampart Street in New Orleans, positioned just outside the French Quarter. It sits adjacent to Louis Armstrong Park, placing it within a high-activity tourism, entertainment, and cultural corridor.
For buyers or operators, the combination of a split-able configuration and substantial interior space supports a range of practical uses, from maintaining a multi-unit setup to pursuing a redevelopment plan that matches the building’s bedroom and bathroom distribution. The property’s commercial zoning and two-unit potential make it a workable fit for those looking to add or reposition a mixed-use asset with renovation scope.
Local Financial Insights For Office B
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 | $109.8k | $22.80 |
| − Vacancy | −$15.1k | −$3.15 |
| EGI | $94.6k | $19.65 |
| − OpEx | −$23.7k | −$4.91 |
| NOI | $71.0k | $14.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.066338
- Latitude
- 29.963144
