Mixed-Use Building with
For Sale
$550,000
2001 SAINT CLAUDE Avenue, New Orleans, LA 70116
Multifamily, New Orleans, LA
Property Size2,892 SF
Lot Size0.04 Acres
Price / SF$190.18
Days on Market52
Property Features for 2001 SAINT CLAUDE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 2
Lot features
Corner Lot
Directions
St. Claude Lakeside right on the Streetcar Line in the Marigny
Standard status
Active
APN
37W103701
Size
2,892 SF
Lot size
0.04 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
SQ 388 LOT B PT 1 ST CLAUDE AND TOURO 31 X 62 OVER 55 C/BACK DBLE SIDING 5/RMS EACH S/R
Legal Description
SQ 388 LOT B PT 1 ST CLAUDE AND TOURO 31 X 62 OVER 55 C/BACK DBLE SIDING 5/RMS EACH S/R
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ductless, Wall Unit(s)
Water source
Public
Building Details
Year built
1830
Number of units
3
Building materials
Aluminum Siding, Wood Siding
Architectural style
Cottage
Buildings
1
Listing Agency:
Witry Collective, L.L.C.
(504) 291-2022
Listed By:
Katie A Witry · License #995710150
(504) 919-8585
Added: Sep 2
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2575313
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit property combines two street-level storefronts with an upstairs unit. The building dates to 1830 and has central heating, ductless and wall-unit cooling, public water, and public sewer. Three electrical meters serve the property; there is one water meter and no gas meter. One storefront has housed Dynamo for more than a decade, and the business would like to stay. The owner-occupied unit is expected to be vacated at closing.
The property occupies a corner site on St. Claude Avenue along the streetcar line. The sale also includes a separate tax parcel at 1113 Touro, measuring 36 by 31 feet; the building parcel measures 31 by 62 feet. Both parcels are zoned HMC-2, within the Historic Marigny/Treme/Bywater Commercial District. The property is also within the Faubourg Marigny Historic District and the St. Claude Corridor Cultural Products District.
The property occupies a corner site on St. Claude Avenue along the streetcar line. The sale also includes a separate tax parcel at 1113 Touro, measuring 36 by 31 feet; the building parcel measures 31 by 62 feet. Both parcels are zoned HMC-2, within the Historic Marigny/Treme/Bywater Commercial District. The property is also within the Faubourg Marigny Historic District and the St. Claude Corridor Cultural Products District.
Key Highlights
- Three units: two storefronts and one upstairs unit
- Separate included parcel at 1113 Touro measures 36 x 31; building parcel measures 31 x 62
- Both parcels zoned HMC‑2
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,042
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,840
$780.8K
Cap Rate 7%
$557,743
$557.7K
Cap Rate 9%
$433,800
$433.8K
Market Conditions
NOI Build-Up for 2,892 SF
Gross rent
$69.4K $24.00/SF
− Vacancy
−$6.9K −$2.40/SF
EGI
$62.5K $21.60/SF
− OpEx
−$23.4K −$8.10/SF
NOI
$39.0K $13.50/SF
Area
New Orleans, LA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,840
Cap Rate 7%
$557,743
Cap Rate 9%
$433,800
Alternative Uses
Best Use
Mixed Use
$557.7K
$488.0K – $650.7K
NOI $39,042 @ 7.0% cap · market cap 7.10%
Second Best
Multifamily LT 5
$523.1K
$457.8K – $610.3K
NOI $36,620 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$735.1K
$643.2K – $857.6K
NOI $51,454 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,398
Businesses Nearby
Explore this area
Business Placement
Demographics for 70116, LA
10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three occupied units include ground-floor retail space and an upstairs residence, with a separate parcel included in the sale.
Where is this mixed-use property located?
The property is located at 2001 SAINT CLAUDE Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three units: two storefronts and one upstairs unit; Separate included parcel at 1113 Touro measures 36 x 31; building parcel measures 31 x 62; Both parcels zoned HMC‑2
