1562 N DORGENOIS Street, New Orleans, LA 70119
- Added:
- Apr 3, 2026
- Days on Market:
- 71
- Last Refresh:
- Jun 12 at 7:06 am
Property Features for 1562 N DORGENOIS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Driveway
- Patio and Porch features
- Porch
- Exterior features
- Courtyard, Porch
- Standard status
- Active
- APN
- 1562-NDORGENOISST
- Size
- 1,412 SF
Taxes and HOA fees
- Tax Description
- AS PER TITLE
Utilities
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Desiree McSwain License #995707701 (504) 321-3194
Listing office Cool Murphy, LLC 904 SAINT FERDINAND ST, New Orleans, LA (504) 321-3194
Listing date Apr 3, 2026
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.
HighLights
- Duplex with two 1‑bedroom, 1‑bath units plus a shared backyard and classic front porch
- Brand new 2025 asphalt roof
- Off‑street parking with driveway and off‑street spaces
- One side includes a versatile bonus room with washer/dryer
- Both sides feature a large kitchen
- Public water; window AC units; off‑street parking
Overview
The property is located on a quiet, oak-lined street and is described as steps from the Fair Grounds (Jazz Fest) and Esplanade Avenue. It is also noted as being just blocks from Liuzza’s, Lola’s, and Kermit Ruffins’ Mother-in-Law Lounge.
From a practical standpoint, the layout suits an owner-occupant who wants to live in one unit while renting the other for ongoing income, with the vacancy allowing a straightforward move-in on one side. It can also work for buyers seeking a simple two-unit investment structure, with both units offering similar core configurations and access to the shared outdoor space.
Local 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 | $28.0k | $19.80 |
| − Vacancy | −$2.4k | −$1.71 |
| EGI | $25.5k | $18.09 |
| − OpEx | −$7.7k | −$5.43 |
| NOI | $17.9k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.074087
- Latitude
- 29.977796
