Renovated New Orleans
For Sale
$650,000
1434-36 N DERBIGNY Street, New Orleans, LA 70116
Multi-Family, Shot Gun, New Orleans, LA
Property Size3,416 SF
Price / SF$190.28
Days on Market114
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
Lot features
Regular
Subdivision
Treme
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
Legal 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) 906-9449
Added: Jun 15
Changed: Sep 16
Last Checked: Oct 6 at 6:06AM
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.
This 3,416-square-foot quadplex was renovated in 2016 and is fully occupied. The property retains original hardwood floors, high ceilings, updated lighting, and architectural details, while central heating and air conditioning provide modern functionality. Exterior features include porches, balconies, fencing, and off-street parking.
Located at 1434-36 N Derbigny Street in New Orleans, the property is in the Tremé neighborhood and uses public water. A shingle roof and central HVAC support the building’s ongoing operation, while the existing four-unit configuration provides established multifamily functionality.
Located at 1434-36 N Derbigny Street in New Orleans, the property is in the Tremé neighborhood and uses public water. A shingle roof and central HVAC support the building’s ongoing operation, while the existing four-unit configuration provides established multifamily functionality.
Key Highlights
- 3,416‑square‑foot quadplex renovated in 2016
- Fully occupied four‑unit configuration
- Original hardwood floors, high ceilings, and preserved architectural details
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.
Property Analytics
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Open Analytics
Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with central HVAC, original hardwood floors, porches, balconies, and off-street parking.
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: 3,416‑square‑foot quadplex renovated in 2016; Fully occupied four‑unit configuration; Original hardwood floors, high ceilings, and preserved architectural details
