Renovated Historic Creole
1412 DAUPHINE Street New Orleans, LA 70116
1412 DAUPHINE Street, New Orleans, LA, 70116
$465,000
For Sale
$465,000
MULTI_FAMILY - New Orleans, LA
Property Size1,028 SF
Lot Size0.03 Acres
Price / SF$452.33
Days on Market18
Property Features for 1412 DAUPHINE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Courtyard
- 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
Utilities
- Heating system
- Other (Heating), Ductless (Heating)
- Cooling system
- Ductless, Wall Unit(s)
- Water source
- Public
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
3640 Magazine St, New Orleans, LA
Listed by
Katie Witry · License #995710150
(504) 453-2277
Added: Jun 30 Checked: Jul 17 at 2:06 pm
MLS# 2565473
Listing URL
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.
Renovated in 2022, this historic Creole cottage features two structures on a single lot: a front shotgun cottage with one bedroom and one bath, and a second structure that includes studio space with a full bathroom. The property also includes a private courtyard with an outdoor shower and designed outdoor storage for efficient use.
The front building includes 11-foot ceilings and wood floors, along with workable shutters. Outdoor space consists of a rear patio and a small outdoor building area, and the listing notes both units are included in the total living square footage.
Also included are the stated interior and outdoor areas: the front building is 563 square feet and the rear building is 201 square feet, plus a 48-square-foot outdoor building and a 187-square-foot rear patio. The property is identified within Flood Zone X and located in the Faubourg Marigny Historic District.
The front building includes 11-foot ceilings and wood floors, along with workable shutters. Outdoor space consists of a rear patio and a small outdoor building area, and the listing notes both units are included in the total living square footage.
Also included are the stated interior and outdoor areas: the front building is 563 square feet and the rear building is 201 square feet, plus a 48-square-foot outdoor building and a 187-square-foot rear patio. The property is identified within Flood Zone X and located in the Faubourg Marigny Historic District.
Key Highlights
- 1840 colonial Creole cottage renovated in 2022 with private courtyard and outdoor shower
- Two structures on the lot: front shotgun 1 bed/1 bath (563 SF) and rear studio with full bath (201 SF) plus patio (187 SF)
- Additional outdoor area includes 48 SF outdoor building and well‑designed outdoor storage
Local Financial Insights For Multifamily LT 5
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 | $20.4k | $19.80 |
| − Vacancy | −$1.8k | −$1.71 |
| EGI | $18.6k | $18.09 |
| − OpEx | −$5.6k | −$5.43 |
| NOI | $13.0k | $12.66 |
1,028 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$186.0K
$162.7K – $217.0K
NOI $13,017 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$170.9K
$149.6K – $199.4K
NOI $11,965 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$261.3K
$228.6K – $304.8K
NOI $18,290 @ 7.0% cap · market cap 3.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two renovated residential structures on one lot, each with private living space and a courtyard with an 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 $465,000.
What are key features of this property?
This property features: 1840 colonial Creole cottage renovated in 2022 with private courtyard and outdoor shower; Two structures on the lot: front shotgun 1 bed/1 bath (563 SF) and rear studio with full bath (201 SF) plus patio (187 SF); Additional outdoor area includes 48 SF outdoor building and well‑designed outdoor storage
