Four-Unit Property with Private
For Sale
$685,000
1820 TOLEDANO Street, New Orleans, LA 70115
Multi-Family, Camelback, New Orleans, LA
Property Size3,926 SF
Price / SF$174.48
Days on Market105
Property Features for 1820 TOLEDANO Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Exterior features
Balcony, Fence
Fencing
Fenced
Lot features
Regular
Subdivision
Uptown
Standard status
Active
APN
1820-toledanost
Size
3,926 SF
Taxes and HOA fees
Tax Description
SQ 465 LOT 24
Legal Description
SQ 465 LOT 24
Utilities
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Water source
Public
Amenities
central HVAC
front porch
deck
storage
Building Details
Year built
1963
Floors in Building
2
Number of units
4
Roof type
Shingle
Architectural style
Other
Listing Agency:
Witry Collective, L.L.C.
(504) 291-2022
Listed By:
Joshua Walther · License #000076446
(504) 717-5612
Added: Jun 24
Changed: Sep 12
Last Checked: Oct 6 at 12:06AM
MLS# 2564138
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 3,926-square-foot quadplex, constructed in 1963, contains four residential units with a mix of central and window-unit cooling. The two upper residences have central HVAC and private deck access, while the lower units feature window units and front porch access. Appliances convey with the sale, and additional storage supports day-to-day functionality. The property also includes fencing, balcony features, a shingle roof, and public water service.
The property is located three blocks from St. Charles Avenue and its streetcar line, with Louisiana Avenue one block away and nearby RTA bus routes. Surrounding amenities include Fresh Market, Touro Hospital, and the restaurants, boutiques, and cafés along Magazine Street. The location also places the property near the Mardi Gras parade route.
The property is located three blocks from St. Charles Avenue and its streetcar line, with Louisiana Avenue one block away and nearby RTA bus routes. Surrounding amenities include Fresh Market, Touro Hospital, and the restaurants, boutiques, and cafés along Magazine Street. The location also places the property near the Mardi Gras parade route.
Key Highlights
- 3,926‑square‑foot quadplex with four residential units
- Built in 1963 with two upper units and two lower units
- Upper units include central HVAC and private deck access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,745
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,900
$674.9K
Cap Rate 7%
$482,071
$482.1K
Cap Rate 9%
$374,944
$374.9K
Market Conditions
NOI Build-Up for 3,926 SF
Gross rent
$52.8K $13.44/SF
− Vacancy
−$4.6K −$1.16/SF
EGI
$48.2K $12.28/SF
− OpEx
−$14.5K −$3.68/SF
NOI
$33.7K $8.60/SF
Area
ZIP 70115
Vacancy
8.64%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,900
Cap Rate 7%
$482,071
Cap Rate 9%
$374,944
Alternative Uses
Best Use
Multifamily LT 5
$482.1K
$421.8K – $562.4K
NOI $33,745 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$427.3K
$373.9K – $498.6K
NOI $29,913 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.04M
$906.3K – $1.21M
NOI $72,505 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,751
Businesses Nearby
Explore this area
Business Placement
Demographics for 70115, LA
31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
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 - Four-unit residential property with varied HVAC, porch and deck access, appliances, storage, and fenced outdoor areas.
Where is this quadplex located?
The property is located at 1820 TOLEDANO Street New Orleans, LA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 3,926‑square‑foot quadplex with four residential units; Built in 1963 with two upper units and two lower units; Upper units include central HVAC and private deck access
