3135 DAUPHINE Street, New Orleans, LA 70117
MULTI_FAMILY - New Orleans, LA
- Added:
- Jan 27, 2025
- Days on Market:
- 501
- Last Refresh:
- Jun 12 at 1:06 pm
Property Features for 3135 DAUPHINE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking features
- Off Street
- Standard status
- Active
- APN
- 3135-DAUPHINEST
- Size
- 15,054 SF
Utilities
- Heating system
- Ductless (Heating), Other (Heating)
- Cooling system
- Ductless, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 2
- Number of units
- 27
- Roof type
- Membrane, Flat
Listing agent DOUGLAS BERNARD (985) 626-1561
Listing office REMAX ALLIANCE 5001 Highway 190 Service Road, Mandeville, LA (985) 626-1561
Listing date Jan 27, 2025
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
- 1975 construction with membrane and flat roofing
- Public water source
- Heating includes ductless and other systems; cooling includes ductless and wall unit(s)
- 26 on‑site parking spaces and off‑street parking
- Condominium regime has been created; units can be converted to condos at purchaser's option
- Assumable non‑recourse loan: $1,678,625 balance at 5.15% with ADS maturity date March 1, 2029
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 | $350.5k | $23.28 |
| − Vacancy | −$31.9k | −$2.12 |
| EGI | $318.6k | $21.16 |
| − OpEx | −$143.4k | −$9.52 |
| NOI | $175.2k | $11.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.044357
- Latitude
- 29.964788