Historic Two-Unit
For Sale
$479,000
3809 11 Dauphine St, New Orleans, LA 70117
Two distinct floor plans combine period character with an updated side-hall unit.
Property Size2,591 SF
Price / SF$184.87
Days on Market91
Property Features for 3809 11 Dauphine St
General Information
Standard status
Active
Size
2,591 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Construction
shotgun-style
Listing Agency:
Crane Realtors
Listed By:
Aaron Dare · License #995681183
(504) 210-2014
Source:
Fiorellaavenue
Added: Jul 21
Changed: Oct 10
Last Checked: Oct 19 at 10:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crane Realtors
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Investment Insights
Based on property information with market context.
This two-unit property contains 2,591 square feet and dates to 1900. The 3809 residence follows a shotgun-style plan with original hardwood floors and preserved architectural elements, while 3811 uses a side-hall layout with central AC and updated interiors. Both units feature high ceilings, strong natural light, and wood flooring that complements the building’s historic character.
Positioned at 3809–3811 Dauphine St in New Orleans’ Bywater neighborhood, the property is within walking distance of local restaurants, coffee shops, and other neighborhood establishments. The separate floor plans support flexible residential use for an owner-occupant or investor.
Positioned at 3809–3811 Dauphine St in New Orleans’ Bywater neighborhood, the property is within walking distance of local restaurants, coffee shops, and other neighborhood establishments. The separate floor plans support flexible residential use for an owner-occupant or investor.
Key Highlights
- Two‑unit property with 2,591 square feet, built in 1900
- Distinct shotgun‑style and side‑hall floor plans
- Original hardwood floors and historic architectural details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,809
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,180
$656.2K
Cap Rate 7%
$468,700
$468.7K
Cap Rate 9%
$364,544
$364.5K
Market Conditions
NOI Build-Up for 2,591 SF
Gross rent
$51.3K $19.80/SF
− Vacancy
−$4.4K −$1.71/SF
EGI
$46.9K $18.09/SF
− OpEx
−$14.1K −$5.43/SF
NOI
$32.8K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,180
Cap Rate 7%
$468,700
Cap Rate 9%
$364,544
Alternative Uses
Best Use
Multifamily LT 5
$468.7K
$410.1K – $546.8K
NOI $32,809 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$430.8K
$377.0K – $502.6K
NOI $30,156 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$658.5K
$576.2K – $768.3K
NOI $46,098 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
Explore this area
Business Placement
Demographics for 70117, LA
28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct floor plans combine period character with an updated side-hall unit.
Where is this duplex located?
The property is located at 3809 11 Dauphine St New Orleans, LA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two‑unit property with 2,591 square feet, built in 1900; Distinct shotgun‑style and side‑hall floor plans; Original hardwood floors and historic architectural details
