1444 Japonica St, New Orleans, LA 70117
Multifamily property in the heart of the St. Claude Corridor.
- Added:
- Mar 1, 2026
- Days on Market:
- 129
- Last Refresh:
- Jul 5 at 11:28 am
Property Features for 1444 Japonica St
General Information
- Standard status
- Active
- Size
- 2,208 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1940
Listing office Reve | Realtors (504) 444-9445
Listing date Mar 1, 2026
Source Crexi
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 Reve | Realtors
HighLights
- Turn‑key condition, ready for immediate occupancy or rental.
- Multi‑family property, presenting an excellent investment opportunity.
- Located in the heart of the St. Claude Corridor.
- Built in 1940.
Overview
Local Financial Insights For Apartment 5plus
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 | $51.4k | $23.28 |
| − Vacancy | −$4.7k | −$2.12 |
| EGI | $46.7k | $21.16 |
| − OpEx | −$21.0k | −$9.52 |
| NOI | $25.7k | $11.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0284434
- Latitude
- 29.968257