Creole Cottage
For Sale
$450,000
1412 DAUPHINE Street, New Orleans, LA 70116
Multifamily, New Orleans, LA
Property Size1,028 SF
Lot Size0.03 Acres
Price / SF$437.74
Days on Market116
Property Features for 1412 DAUPHINE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Directions
Esplanade towards the River, Left of Dauphine
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
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Wall Unit(s), Ductless
Water source
Public
Water front features
Navigable Water
Water front
1
Amenities
private courtyard
outdoor shower
outdoor storage
Building Details
Year built
1840
Number of units
2
Flooring type
Wood
Building materials
Wood Siding
Architectural style
Creole
Buildings
2
Listing Agency:
Witry Collective, L.L.C.
(504) 291-2022
Listed By:
Katie A Witry · License #995710150
(504) 919-8585
Added: Jun 30
Changed: Oct 23
Last Checked: Oct 23 at 5:06PM
MLS# 2565473
Copyright © 2026 ROAM MLS. 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.
Renovated in 2022, this Creole-style duplex includes a front shotgun cottage with one bedroom and one bathroom, plus a separate studio with a full bathroom. The front building measures 563 square feet and the rear building 201 square feet. Interior details include 11-foot ceilings, wood floors, and shutters. A private courtyard features an outdoor shower, with additional outdoor storage.
The property is in the Faubourg Marigny Historic District, within the Historic Marigny Treme Bywater Residential District, and is in Flood Zone X. The French Quarter is one block away; Cabrini Park and Frenchmen Street are each three blocks away. Goldring Crescent Park on the Mississippi River is also three blocks away.
The property is in the Faubourg Marigny Historic District, within the Historic Marigny Treme Bywater Residential District, and is in Flood Zone X. The French Quarter is one block away; Cabrini Park and Frenchmen Street are each three blocks away. Goldring Crescent Park on the Mississippi River is also three blocks away.
Key Highlights
- Two structures: a one‑bedroom, one‑bath cottage and a studio with a full bathroom
- Renovated in 2022; Creole architectural style
- Front building: 563 square feet; rear building: 201 square feet
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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Cap Rate, Value Estimation, Potential NOI and more
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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, with a private courtyard and outdoor shower.
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; Renovated in 2022; Creole architectural style; Front building: 563 square feet; rear building: 201 square feet
