Arts and Crafts
For Sale
$620,000
1436 ST MARY, New Orleans, LA 70130
Multi-Family, Arts and Crafts, New Orleans, LA
Property Size2,900 SF
Price / SF$213.79
Days on Market26
Property Features for 1436 ST MARY
General Information
Property type
Residential Multi Family
Property subtype
Other
Lot features
Regular
Standard status
Active
APN
1436-STMARYST
Size
2,900 SF
Utilities
Cooling system
Window Unit(s)
Water source
Public
Amenities
front porch
private patio
deck
fenced yard
Building Details
Year built
1920
Floors in Building
2
Number of units
4
Roof type
Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Terrence Davis · License #99563347
(504) 450-9003
Added: Sep 11
Changed: Sep 16
Last Checked: Oct 6 at 1:06AM
MLS# 2576732
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.
Built in 1920, this two-story quadplex contains 2,900 square feet across four units. The two lower-level apartments each include two bedrooms, a full bathroom, an eat-in kitchen, and a living room. Both upper-level apartments provide one-bedroom layouts with kitchens, full bathrooms, and living rooms. Original hardwood floors, decorative mantels, high ceilings, and French doors add period character throughout. Window unit cooling, a shingle roof, and public water service are in place.
The property is located at 1436 St Mary in New Orleans, near St Charles Ave, Magazine Street, and Coliseum Square. Exterior features include a deep front porch, decorative millwork, a private patio and deck, and a fenced yard with mature greenery. The four-unit configuration combines varied apartment layouts with shared outdoor space in the Lower Garden District.
The property is located at 1436 St Mary in New Orleans, near St Charles Ave, Magazine Street, and Coliseum Square. Exterior features include a deep front porch, decorative millwork, a private patio and deck, and a fenced yard with mature greenery. The four-unit configuration combines varied apartment layouts with shared outdoor space in the Lower Garden District.
Key Highlights
- Four‑unit quadplex with 2,900 square feet
- Built in 1920 with original hardwood floors and decorative mantels
- Two first‑floor two‑bedroom units and two second‑floor one‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,721
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,420
$734.4K
Cap Rate 7%
$524,586
$524.6K
Cap Rate 9%
$408,011
$408.0K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$57.4K $19.80/SF
− Vacancy
−$5.0K −$1.71/SF
EGI
$52.5K $18.09/SF
− OpEx
−$15.7K −$5.43/SF
NOI
$36.7K $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%
$734,420
Cap Rate 7%
$524,586
Cap Rate 9%
$408,011
Alternative Uses
Best Use
Multifamily LT 5
$524.6K
$459.0K – $612.0K
NOI $36,721 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$482.2K
$421.9K – $562.6K
NOI $33,753 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$737.1K
$645.0K – $859.9K
NOI $51,596 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,728
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-story quadplex with original hardwood floors, period details, and private outdoor areas.
Where is this quadplex located?
The property is located at 1436 ST MARY New Orleans, LA.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2,900 square feet; Built in 1920 with original hardwood floors and decorative mantels; Two first‑floor two‑bedroom units and two second‑floor one‑bedroom units
