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New Orleans 8-Plex Investment
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1114 N DORGENOIS Street, New Orleans, LA 70119

Fully occupied 8-unit property near French Quarter with parking.

Property Size8,640 SF
Price / SF$115.63
Days on Market163

Property Features for 1114 N DORGENOIS Street

General Information

Standard status Active
Size 8,640 SF
Property subtype Special Purpose

Building Details

Units 8
Listing Agency: CENTURY 21 J. Carter & Company
Listed By: Kristin Lumpkin · License #LA
Source: Crexi
Added: Mar 13 Changed: Aug 8 Last Checked: Aug 21 at 7:45PM

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 CENTURY 21 J. Carter & Company

Investment Insights

Based on property information with market context.

Located in the historic Tremé neighborhood, just 5 minutes from the French Quarter, this fully occupied 8-plex presents an investment opportunity. The property consists of 8 units and is currently generating $10,100 per month in rental income. Each unit is tenant-occupied and features central AC, in-unit washer/dryer, large closets, all appliances, and ample storage. A dedicated parking lot with assigned tenant parking is available. Recent upgrades include a new roof and a current termite contract. Situated in an X flood zone, the property is outside the high-risk flood area. The property is suitable for a 1031 exchange or as an addition to an investment portfolio. The property size is 8640 square feet.

Key Highlights

  • Fully occupied 8‑plex generating $10,100 per month in rental income.
  • Located in the Historic Tremé, just 5 minutes from the French Quarter.
  • Dedicated parking lot with assigned tenant parking.

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,612
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied 8-unit property near French Quarter with parking.
Where is this apartment building located?
The property is located at 1114 N DORGENOIS Street New Orleans, LA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully occupied 8‑plex generating $10,100 per month in rental income.; Located in the Historic Tremé, just 5 minutes from the French Quarter.; Dedicated parking lot with assigned tenant parking.
(504) 275-9119 Call to check price and availability
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