Triplex with Balcony and
1430 North Derbigny Street New Orleans, LA 70116
1430 North Derbigny Street, New Orleans, LA, 70116
$649,000
For Sale
$649,000
Triplex offering an upstairs primary residence plus two ground-floor units, with balcony, covered patio, turf yard, and generator.
Property Size3,573 SF
Price / SF$181.64
Days on Market210
Property Features for 1430 North Derbigny Street
General Information
- Standard status
- Active
- Size
- 3,573 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1910
Listing agency
Galiano Realty
(504) 475-4775
Listed by
Rachel Silvers · License #995694275
(504) 475-4775
Source
Compass
Added: Dec 24, 2025 Updated: Jul 21 at 7:26AM Checked: Jul 21 at 7:26AM
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 Galiano Realty
Investment Insights
Based on property information with market context.
This triplex includes a upstairs primary residence along with two separate ground-floor units. The upstairs owner’s unit features an open-concept living area with soaring ceilings, ornate crown molding, exposed brick, and classic transoms. The kitchen is presented with imported granite countertops and high-end stainless steel appliances, and the primary en suite includes an imported-granite double vanity, a large soaking tub, and a walk-in closet.
On the ground level, the front unit provides a spacious 1-bedroom, 1-bath layout with an open concept. The rear ground-floor unit offers a 1-bedroom, 1.5-bath arrangement with a large living room, generous kitchen space, and a dedicated laundry room.
Outside, the property includes a large balcony and a low-maintenance backyard with turf and a covered patio area. Additional exterior features include a whole-home generator and full fencing. The property is located at 1430 North Derbigny Street in New Orleans.
On the ground level, the front unit provides a spacious 1-bedroom, 1-bath layout with an open concept. The rear ground-floor unit offers a 1-bedroom, 1.5-bath arrangement with a large living room, generous kitchen space, and a dedicated laundry room.
Outside, the property includes a large balcony and a low-maintenance backyard with turf and a covered patio area. Additional exterior features include a whole-home generator and full fencing. The property is located at 1430 North Derbigny Street in New Orleans.
Key Highlights
- Triplex layout: upstairs primary residence plus two separate ground‑floor 1BD units
- 5 bedrooms, 6 total bathrooms (5 full and 1 partial), with laundry in units
- 2 stories with balcony and porch; slab foundation; wood siding; asphalt roof
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 | $70.7k | $19.80 |
| − Vacancy | −$6.1k | −$1.71 |
| EGI | $64.6k | $18.09 |
| − OpEx | −$19.4k | −$5.43 |
| NOI | $45.2k | $12.66 |
3,573 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$646.3K
$565.5K – $754.1K
NOI $45,243 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$594.1K
$519.8K – $693.1K
NOI $41,586 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$908.1K
$794.6K – $1.06M
NOI $63,570 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex offering an upstairs primary residence plus two ground-floor units, with balcony, covered patio, turf yard, and generator.
Where is this triplex located?
The property is located at 1430 North Derbigny Street New Orleans, LA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Triplex layout: upstairs primary residence plus two separate ground‑floor 1BD units; 5 bedrooms, 6 total bathrooms (5 full and 1 partial), with laundry in units; 2 stories with balcony and porch; slab foundation; wood siding; asphalt roof
