314 S GAYOSO Street, New Orleans, LA 70119
MULTI_FAMILY - New Orleans, LA
- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 314 S GAYOSO Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 105203923
- Size
- 1,423 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Description
- SQ 629 LOT B OR 3 SO GAYOSO 41 3 OVER 32 4X99 1 OVER 124 9
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Cottage
Listing agent Jamie Hughes License #000058832 (504) 300-0700
Listing office REVE, REALTORS 4827 Prytania St, New Orleans, LA (504) 300-0700
Listing date Jun 11, 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
- Detached 2‑story 2B/2B cottage with French doors opening to the patio and yard
- 1B front cottage with covered porch, high ceilings, hardwood floors, and abundant natural light
- Additional basement space includes a full bathroom, kitchenette counter, laundry hook‑ups, workshop, and storage (not included in living area sqft)
- Seller improvements include 2021 roofs, hardyplank siding, and working shutters
- Fenced property with balcony, porch, and off‑street parking; central heating and cooling (central air plus window units)
- Water source: public; roof type: shingle; year built: 2006
Overview
The property is located at 314 S Gayoso Street in New Orleans, LA 70119. Seller improvements include 2021 roofs, hardyplank siding, and working shutters. The exterior includes thoughtful landscaping with mature trees and native plantings, and gated parking on site.
For buyers or operators seeking a small-scale rental setup, the two separate cottages provide two distinct living units with dedicated interior features. The basement level adds practical utility as storage and support space, including a second full bathroom and laundry hookups. The rear cottage has been previously rented, with utilities included in that prior rent amount, offering a point of reference for rental history. Units should be evaluated based on the buyer’s intended occupancy and use of the additional basement 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 | $28.2k | $19.80 |
| − Vacancy | −$2.4k | −$1.71 |
| EGI | $25.7k | $18.09 |
| − OpEx | −$7.7k | −$5.43 |
| NOI | $18.0k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.092132
- Latitude
- 29.965477
