Historic French Second Empire
1309 DAUPHINE Street New Orleans, LA 70116
For Sale
$2,299,000
MULTI_FAMILY - New Orleans, LA
Property Size6,069 SF
Lot Size0.10 Acres
Price / SF$378.81
Days on Market306
Property Features for 1309 DAUPHINE Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Security features
Security
Patio and Porch features
Patio, Porch
Exterior features
Balcony, Courtyard, Fence, Outdoor Entertainment Area Beyond Your Average Patio, Porch, Security Cameras
Fencing
Fenced
Standard status
Active
APN
208101902
Size
6,069 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
SQ 81 LOT B OR 15 DAUPHINE ST 32-2/34X26-100/63-63
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1883
Floors in Building
3
Number of units
7
Roof type
Slate
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Justin Warren · License #995710345
(985) 727-7000
Added: Sep 26, 2025
Changed: Jul 11
Last Checked: Jul 28 at 12:06PM
MLS# 2515569
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.
Located at 1309 Dauphine Street in New Orleans, this 1883 French Second Empire Victorian residence is a three-story multifamily property with seven income-producing units. The building retains notable original architectural elements including a mansard roof and original cypress siding. Extensively renovated throughout, the residence includes updated electrical, plumbing, HVAC, and a fire sprinkler system, along with refined interior finishes. Interior details include heart pine hardwood floors and original-style architectural features, complemented by historic crystal chandeliers.
The property is offered in the French Quarter/Vieux Carre area, with proximity to Cabrini Park, Port of Call, and the Esplanade Corridor. Outdoor common space includes an oversized courtyard and a communal patio, and there is also a detached rear unit.
From a tenant and operator standpoint, the unit interiors are described as fully appointed with stainless steel appliances, Carrera marble countertops, gas ranges, and in-unit washer/dryers. The property is professionally managed, fully occupied, and generating strong rents, combining historical character with modernized building systems. The listing size is approximately 6,069 square feet on about 0.0972 acres.
The property is offered in the French Quarter/Vieux Carre area, with proximity to Cabrini Park, Port of Call, and the Esplanade Corridor. Outdoor common space includes an oversized courtyard and a communal patio, and there is also a detached rear unit.
From a tenant and operator standpoint, the unit interiors are described as fully appointed with stainless steel appliances, Carrera marble countertops, gas ranges, and in-unit washer/dryers. The property is professionally managed, fully occupied, and generating strong rents, combining historical character with modernized building systems. The listing size is approximately 6,069 square feet on about 0.0972 acres.
Key Highlights
- 1883 French Second Empire Victorian in the French Quarter with original mansard roof and cypress siding
- 7 income‑producing units in a fully occupied, professionally managed multi‑family property
- Extensive renovations include updated electrical, plumbing, central HVAC, and a fire sprinkler system
Financial Insights For Apartment 5plus
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 | $141.3k | $23.28 |
| − Vacancy | −$12.9k | −$2.12 |
| EGI | $128.4k | $21.16 |
| − OpEx | −$57.8k | −$9.52 |
| NOI | $70.6k | $11.64 |
6,069 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$883.0K – $1.18M
NOI $70,636 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,978 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 1883 Victorian offers seven occupied units with modern systems and in-unit washer/dryers, plus courtyard space.
Where is this apartment building located?
The property is located at 1309 DAUPHINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: 1883 French Second Empire Victorian in the French Quarter with original mansard roof and cypress siding; 7 income‑producing units in a fully occupied, professionally managed multi‑family property; Extensive renovations include updated electrical, plumbing, central HVAC, and a fire sprinkler system
