Residential Income
1527 Dumaine Street New Orleans, LA 70116
For Sale
$364,250
For sale residential income property with a reported size of 1,805 square feet.
Property Size1,805 SF
Price / SF$201.80
Days on Market200
Property Features for 1527 Dumaine Street
General Information
- Standard status
- Active
- Size
- 1,805 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1885
Listing Agency:
NOLA HOMES CO., LLC
(504) 233-8276
Listed By:
Benjamin Harwood · License #995695989
(504) 233-8276
Source:
Compass
Added: Jan 5
Changed: Jul 22
Last Checked: Jul 23 at 7:49AM
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 NOLA HOMES CO., LLC
Investment Insights
Based on property information with market context.
This is a residential income property offered for sale. The property is listed with a total size of 1,805 square feet.
The offering is located at 1527 Dumaine Street in New Orleans, Louisiana (70116).
Additional details such as unit count, layout, and current tenancy were not provided.
The offering is located at 1527 Dumaine Street in New Orleans, Louisiana (70116).
Additional details such as unit count, layout, and current tenancy were not provided.
Key Highlights
- Residential income property with reported 1,805 SF and 2 bedrooms, 2 full bathrooms
- 2‑story home built in 1885 with wood siding and an asphalt shingle roof
- Central heating and central air conditioning
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 | $42.0k | $23.28 |
| − Vacancy | −$3.8k | −$2.12 |
| EGI | $38.2k | $21.16 |
| − OpEx | −$17.2k | −$9.52 |
| NOI | $21.0k | $11.64 |
1,805 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$300.1K
$262.6K – $350.1K
NOI $21,008 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$458.8K
$401.4K – $535.2K
NOI $32,114 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - For sale residential income property with a reported size of 1,805 square feet.
Where is this residential income property located?
The property is located at 1527 Dumaine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $364,250.
What are key features of this property?
This property features: Residential income property with reported 1,805 SF and 2 bedrooms, 2 full bathrooms; 2‑story home built in 1885 with wood siding and an asphalt shingle roof; Central heating and central air conditioning
