Storefront with Original
For Sale
$299,000
4011 ST CLAUDE Avenue, New Orleans, LA 70117
Multifamily, New Orleans, LA
Property Size1,858 SF
Price / SF$160.93
Days on Market103
Property Features for 4011 ST CLAUDE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2
Directions
St Claude towards the French Quarter from Poland Ave... Property on right between Bartholomew and Mazant
Standard status
Active
APN
4011-STCLAUDEAV
Size
1,858 SF
Additional Details
Corner Location
Yes
Taxes and HOA fees
Tax Description
1. SQ 411 LOT 3 2. 29X117 3. 4011-11HF ST CLAUDE AVE
Legal Description
1. SQ 411 LOT 3 2. 29X117 3. 4011-11HF ST CLAUDE AVE
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1937
Number of units
2
Building materials
Block, Wood Siding
Listing Agency:
Keller Williams Realty NO
(504) 862-0100
Listed By:
James M Howell · License #000033645
(504) 982-5921
Added: Jul 13
Changed: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# 2567483
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.
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Investment Insights
Based on property information with market context.
This 1,858-square-foot storefront was built in 1937 and has block and wood siding construction. The existing interior includes two bedrooms and three bathrooms, alongside central heating and central air; window-unit cooling is also present. A mural featuring Mardi Gras Indian Queen Tahj is on the property.
Located at 4011 St. Claude Avenue in New Orleans, the property sits along the Historic St. Claude Avenue corridor. Residential conversion has been considered, subject to verification of zoning, permitted uses, approvals, and permitting requirements.
Located at 4011 St. Claude Avenue in New Orleans, the property sits along the Historic St. Claude Avenue corridor. Residential conversion has been considered, subject to verification of zoning, permitted uses, approvals, and permitting requirements.
Key Highlights
- 1,858 square feet
- Built in 1937
- Block and wood siding construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,943
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,860
$458.9K
Cap Rate 7%
$327,757
$327.8K
Cap Rate 9%
$254,922
$254.9K
Market Conditions
NOI Build-Up for 1,858 SF
Gross rent
$33.4K $18.00/SF
− Vacancy
−$669 −$0.36/SF
EGI
$32.8K $17.64/SF
− OpEx
−$9.8K −$5.29/SF
NOI
$22.9K $12.35/SF
Area
New Orleans, LA
Vacancy
2.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,860
Cap Rate 7%
$327,757
Cap Rate 9%
$254,922
Alternative Uses
Best Use
Retail
$327.8K
$286.8K – $382.4K
NOI $22,943 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$472.2K
$413.2K – $551.0K
NOI $33,057 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
879
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 31%
Dollar General
Shops & Services
11,739 visits/mo
0.2 miles
Church's Chicken
Dining
5,337 visits/mo
0.2 miles
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 Retail in New Orleans, LA
Similar Off Market Nearby
- Blucid Floral — 5113 St Claude Ave, New Orleans, LA 70117
- Say it with flowers — 1319 Lesseps St, New Orleans, LA 70117
Frequently Asked Questions
What type of property is this?
Storefront property - The existing commercial space includes two bedrooms and three bathrooms.
Where is this storefront property located?
The property is located at 4011 ST CLAUDE Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,858 square feet; Built in 1937; Block and wood siding construction
