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    French Quarter Fourplex Opportunity Title is generated by Realmo AI

    1026 Dumaine St, New Orleans, LA 70116

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    Fourplex located in the historic French Quarter neighborhood.

    Type:Multifamily
    Property size:
    3,228 SF
    Price / SF:
    $216/SF
    Added:
    Mar 10, 2026
    Days on Market:
    121
    Last Refresh:
    Jul 4 at 4:53 am

    Property Features for 1026 Dumaine St

    General Information

    Standard status
    Active
    Size
    3,228 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1890

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    Mason Mccullough
    Mason Mccullough

    Listing office Bridgewater Realty Advisors

    Listing date Mar 10, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Bridgewater Realty Advisors

    HighLights

    • French Quarter Location
    • 4‑Plex Configuration - Investment Property with Rental Income Potential
    • Historic Building (Year Built: 1890)
    • Unique Architectural Style

    Overview

    This multifamily property is a fourplex located in the French Quarter. The property offers 3,228 square feet of space and is intended for use as a residential income property.

    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 $63.9k $19.80
    − Vacancy −$5.5k −$1.71
    EGI $58.4k $18.09
    − OpEx −$17.5k −$5.43
    NOI $40.9k $12.66
    3,228 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $583.9K
    $510.9K – $681.3K (±1% cap)
    NOI $40,875 @ 7.0% cap · market cap 5.85%
    Second Best
    Apartment 5plus
    $536.7K
    $469.6K – $626.2K (±1% cap)
    NOI $37,570 @ 7.0% cap · market cap 5.37%
    Theoretical Best
    Office A
    $820.5K
    $717.9K – $957.2K (±1% cap)
    NOI $57,432 @ 7.0% cap · market cap 8.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Daycare Center Kitchen & Bath Showroom Butcher Garden Center (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0665758
    Latitude
    29.9618056

    FAQs

    What type of property is this?
    Quadplex - Fourplex located in the historic French Quarter neighborhood.
    Where is this quadplex located?
    The property is located at 1026 Dumaine St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: French Quarter Location; 4‑Plex Configuration - Investment Property with Rental Income Potential; Historic Building (Year Built: 1890)
    (504) 274-2701 Call to check price and availability
    More about this property
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