Renovated Four-Unit
For Sale
$650,000
1434-36 N Derbigny Street, New Orleans, LA 70116
All four residences are occupied, with hardwood floors and retained architectural details throughout.
Property Size3,416 SF
Price / SF$190.28
Days on Market134
Property Features for 1434-36 N Derbigny Street
General Information
Standard status
Active
Size
3,416 SF
Property subtype
Multi Family Home
Occupancy
100%
Site & Location
Neighborhood
Treme - Lafitte
Additional Details
Multifamily Units
4
Tenant in Place
Yes
Amenities
Balcony
Fence
Porch
Building Details
Building Size
3,416 SF
Year Built
1940
Year Renovated
2016
Stories
2
Listing Agency:
Berkshire Hathaway Homeservices Preferred, Realtor
(504) 799-1702
Listed By:
Thomas McIntyre - Day · License #995715147
(504) 906-9449
Source:
Donaldjulienrealestate
Added: Jun 15
Changed: Oct 25
Last Checked: Oct 23 at 5:33PM
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 Berkshire Hathaway Homeservices Preferred, Realtor
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,416-square-foot quadplex in Tremé contains four occupied residences. Renovated in 2016, the building retains architectural detailing alongside updated lighting, hardwood flooring, and high ceilings. The combination of existing occupancy and documented interior improvements defines the property's current configuration.
Key Highlights
- Four‑unit quadplex with all residences occupied
- 3,416 square feet
- Renovated in 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,255
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,100
$865.1K
Cap Rate 7%
$617,929
$617.9K
Cap Rate 9%
$480,611
$480.6K
Market Conditions
NOI Build-Up for 3,416 SF
Gross rent
$67.6K $19.80/SF
− Vacancy
−$5.8K −$1.71/SF
EGI
$61.8K $18.09/SF
− OpEx
−$18.5K −$5.43/SF
NOI
$43.3K $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%
$865,100
Cap Rate 7%
$617,929
Cap Rate 9%
$480,611
Alternative Uses
Best Use
Multifamily LT 5
$617.9K
$540.7K – $720.9K
NOI $43,255 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$568.0K
$497.0K – $662.6K
NOI $39,758 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$868.2K
$759.7K – $1.01M
NOI $60,776 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,717
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are occupied, with hardwood floors and retained architectural details throughout.
Where is this quadplex located?
The property is located at 1434-36 N Derbigny Street New Orleans, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four‑unit quadplex with all residences occupied; 3,416 square feet; Renovated in 2016
