Versatile New Orleans
1319 AMELIA Street New Orleans, LA 70115
1319 AMELIA Street, New Orleans, LA, 70115
$550,000
For Sale
$550,000
Adaptable property suitable for office, single-family, or multifamily use.
Property Size2,100 SF
Price / SF$261.90
Days on Market440
Property Features for 1319 AMELIA Street
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1930
Listing Agency
Williamson Brothers Realty
(504) 451-3206
Listed by
George Williamson · License #995680299
(504) 451-3206
Source
Exitrealty
Added: May 4, 2025 Checked: Jul 17 at 5:38 am
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 Williamson Brothers Realty
Investment Insights
Based on property information with market context.
The property at 1319 Amelia Street, formerly configured as a dentist's office, offers various possibilities for a new owner. It can be maintained as an office space or reconfigured into a single-family or multifamily income property. The second floor features a one-bedroom apartment with a separate electrical meter and independent entrance. The property has a size of 2100 square feet. Intended use of the property includes office, single family or multifamily. Viewing is available by appointment only.
Key Highlights
- Flexible Use: Property can be used as an office, single‑family home, or multifamily income property.
- Second‑Floor Apartment: Includes a one‑bedroom apartment with a separate entrance and electrical meter.
- Income Potential: Multifamily configuration offers income‑generating possibilities.
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 | $37.3k | $17.76 |
| − Vacancy | −$4.4k | −$2.08 |
| EGI | $32.9k | $15.68 |
| − OpEx | −$8.2k | −$3.92 |
| NOI | $24.7k | $11.76 |
2,100 SF · lease $17.76/SF/yr · vacancy 11.72% · expense 25.00%
Alternative Uses
Best Use
Office B
$352.8K
$308.7K – $411.6K
NOI $24,694 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$554.0K
$484.8K – $646.4K
NOI $38,783 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Camenzuli Dental Excellence
Dental Office
Camenzuli Dental Excellence ...
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Adaptable property suitable for office, single-family, or multifamily use.
Where is this office units located?
The property is located at 1319 AMELIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Flexible Use: Property can be used as an office, single‑family home, or multifamily income property.; Second‑Floor Apartment: Includes a one‑bedroom apartment with a separate entrance and electrical meter.; Income Potential: Multifamily configuration offers income‑generating possibilities.
