Duplex with Private
For Sale
$450,000
1412 DAUPHINE Street, New Orleans, LA 70116
Multi-Family, CreoleFrenchColonial, New Orleans, LA
Property Size1,028 SF
Lot Size0.03 Acres
Price / SF$437.74
Days on Market112
Property Features for 1412 DAUPHINE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Exterior features
Courtyard
Lot features
Regular
Subdivision
Marigny Rec
Standard status
Active
APN
37W100808
Size
1,028 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Description
SQ 157 LOT O DAUPHINE 18X65 1/ST SGLE 4/R S/R SEE SEQ 002
Legal Description
SQ 157 LOT O DAUPHINE 18X65 1/ST SGLE 4/R S/R SEE SEQ 002
Utilities
Heating system
Ductless (Heating), Other (Heating)
Cooling system
Ductless, Wall Unit(s)
Water source
Public
Amenities
private courtyard
outdoor shower
wood floors
workable shutters
11ft ceiling
outdoor storage
Building Details
Year built
1840
Floors in Building
1
Number of units
2
Roof type
Shingle, Metal
Architectural style
Colonial
Listing Agency:
Witry Collective, L.L.C.
(504) 291-2022
Listed By:
Katie Witry
(504) 919-8585
Added: Jun 30
Changed: Oct 4
Last Checked: Oct 19 at 5:06PM
MLS# 2565473
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.
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Investment Insights
Based on property information with market context.
This 1,028-square-foot duplex comprises two structures: a front cottage with one bedroom and one bathroom, plus a rear studio with a full bathroom. Built in 1840 and renovated in 2022, the property features 11-foot ceilings, wood floors, operable shutters, and a private courtyard with an outdoor shower. Heating and cooling include ductless systems and wall units.
The 0.0269-acre property is in the Faubourg Marigny Historic District, within the Historic Marigny Treme Bywater Residential District, and is designated Flood Zone X. It is one block from the French Quarter and three blocks from Cabrini Park, Frenchmen Street, and Goldring Crescent Park along the Mississippi River.
The 0.0269-acre property is in the Faubourg Marigny Historic District, within the Historic Marigny Treme Bywater Residential District, and is designated Flood Zone X. It is one block from the French Quarter and three blocks from Cabrini Park, Frenchmen Street, and Goldring Crescent Park along the Mississippi River.
Key Highlights
- Two structures: a one‑bedroom, one‑bath cottage and a studio with a full bathroom
- 1,028 square feet on a 0.0269‑acre lot
- Renovated in 2022; built in 1840
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,017
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,340
$260.3K
Cap Rate 7%
$185,957
$186.0K
Cap Rate 9%
$144,633
$144.6K
Market Conditions
NOI Build-Up for 1,028 SF
Gross rent
$20.4K $19.80/SF
− Vacancy
−$1.8K −$1.71/SF
EGI
$18.6K $18.09/SF
− OpEx
−$5.6K −$5.43/SF
NOI
$13.0K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,340
Cap Rate 7%
$185,957
Cap Rate 9%
$144,633
Alternative Uses
Best Use
Multifamily LT 5
$186.0K
$162.7K – $217.0K
NOI $13,017 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$170.9K
$149.6K – $199.4K
NOI $11,965 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$261.3K
$228.6K – $304.8K
NOI $18,290 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,937
Businesses Nearby
Explore this area
Business Placement
Demographics for 70116, LA
10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate structures provide a one-bedroom cottage and a studio, each with a full bathroom.
Where is this duplex located?
The property is located at 1412 DAUPHINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two structures: a one‑bedroom, one‑bath cottage and a studio with a full bathroom; 1,028 square feet on a 0.0269‑acre lot; Renovated in 2022; built in 1840
