Renovated Occupied
1434-36 N DERBIGNY Street New Orleans, LA 70116
For Sale
$675,000
MULTI_FAMILY - New Orleans, LA
Property Size3,416 SF
Price / SF$197.60
Days on Market40
Property Features for 1434-36 N DERBIGNY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 37W108710
- Size
- 3,416 SF
Taxes and HOA fees
- Tax Description
- SQ 760 LOT 2 PT 6 33 X 71 1434-36 N DERBIGNY ST 2/STORY DOUBLE 9/RMS EACH SIDE C/R
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Berkshire Hathaway HomeServices Preferred, REALTOR
(504) 799-1702
Listed By:
Thomas McIntyre - Day · License #995715147
(504) 799-1702
Added: Jun 15
Changed: Jul 6
Last Checked: Jul 24 at 7:06PM
MLS# 2563079
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.
1434-36 N Derbigny Street is a quadplex that blends early-1900s character with modern updates. The property was renovated in 2016 and is currently fully occupied. Interior features include soaring ceilings, original hardwood floors, updated lighting, and a consistent preservation of architectural character throughout the units.
Located in New Orleans, the property sits in the Treme area. The site is presented as an income-focused acquisition with rental income already in place and a long history of consistent occupancy.
For investors or owner-operators seeking a turn-key multifamily asset, this quadplex offers immediate operational continuity given that all units are currently occupied. The combination of structural integrity and 2016 renovations supports a practical, low-surprise ownership profile. The layout and finishes are designed to retain the neighborhood’s distinctive feel while providing updated interior lighting and overall modernization from the renovation work. This makes it a straightforward option for those looking to add a renovated, income-producing quadplex to an existing portfolio or begin building in multifamily real estate in New Orleans.
Located in New Orleans, the property sits in the Treme area. The site is presented as an income-focused acquisition with rental income already in place and a long history of consistent occupancy.
For investors or owner-operators seeking a turn-key multifamily asset, this quadplex offers immediate operational continuity given that all units are currently occupied. The combination of structural integrity and 2016 renovations supports a practical, low-surprise ownership profile. The layout and finishes are designed to retain the neighborhood’s distinctive feel while providing updated interior lighting and overall modernization from the renovation work. This makes it a straightforward option for those looking to add a renovated, income-producing quadplex to an existing portfolio or begin building in multifamily real estate in New Orleans.
Key Highlights
- Fully occupied quadplex with consistent rental income
- Renovated in 2016 and built in 1940
- Interior features include soaring ceilings and original hardwood floors
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 | $67.6k | $19.80 |
| − Vacancy | −$5.8k | −$1.71 |
| EGI | $61.8k | $18.09 |
| − OpEx | −$18.5k | −$5.43 |
| NOI | $43.3k | $12.66 |
3,416 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$617.9K
$540.7K – $720.9K
NOI $43,255 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$568.0K
$497.0K – $662.6K
NOI $39,758 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$868.2K
$759.7K – $1.01M
NOI $60,776 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Renovated quadplex with original hardwood character and updated lighting, fully occupied with rental income in place.
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 $675,000.
What are key features of this property?
This property features: Fully occupied quadplex with consistent rental income; Renovated in 2016 and built in 1940; Interior features include soaring ceilings and original hardwood floors
