Mixed-Use Property with
For Sale
$1,200,000
410 Dauphine St, New Orleans, LA 70112
Combines five residential apartments with ground-floor commercial space and gated courtyard improvements in New Orleans’ French Quarter.
Property Size4,337 SF
Price / SF$276.69
Days on Market273
Property Features for 410 Dauphine St
General Information
Standard status
Active
Size
4,337 SF
Property subtype
Multifamily
Zoning
VCC-2
Listing Agency:
Bridgewater Realty Advisors
Listed By:
Cameron Griffin · License #995696437
(504) 535-5680
Source:
Lacdb.resimplifi
Added: Jan 15
Changed: Oct 13
Last Checked: Oct 14 at 7:46PM
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 Bridgewater Realty Advisors
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 mixed-use property includes five residential apartments and approximately 792 square feet of ground-floor commercial space. The residential layout consists of three one-bedroom, one-bath units and two two-bedroom, one-bath units. The commercial area is currently vacant and available for lease.
Property features include a gated entry, a landscaped courtyard with fountain, and a private side entrance. A wrought-iron wraparound balcony overlooks Dauphine Street, while the rear carriage house includes an additional balcony with courtyard views. Built in 1963, the property is located at 410 Dauphine Street in New Orleans’ French Quarter, one block from Bourbon Street and across from the Dauphine Orleans Hotel. Armstrong Park and Jackson Square are within walking distance, along with the district’s dining, entertainment, and cultural destinations.
Property features include a gated entry, a landscaped courtyard with fountain, and a private side entrance. A wrought-iron wraparound balcony overlooks Dauphine Street, while the rear carriage house includes an additional balcony with courtyard views. Built in 1963, the property is located at 410 Dauphine Street in New Orleans’ French Quarter, one block from Bourbon Street and across from the Dauphine Orleans Hotel. Armstrong Park and Jackson Square are within walking distance, along with the district’s dining, entertainment, and cultural destinations.
Key Highlights
- Five residential units: three 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments
- Approximately 792 SF of ground‑floor commercial space, currently vacant and available for lease
- Gated property with landscaped courtyard and fountain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,550
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,171,000
$1.2M
Cap Rate 7%
$836,429
$836.4K
Cap Rate 9%
$650,556
$650.6K
Market Conditions
NOI Build-Up for 4,337 SF
Gross rent
$104.1K $24.00/SF
− Vacancy
−$10.4K −$2.40/SF
EGI
$93.7K $21.60/SF
− OpEx
−$35.1K −$8.10/SF
NOI
$58.5K $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%
$1,171,000
Cap Rate 7%
$836,429
Cap Rate 9%
$650,556
Alternative Uses
Best Use
Mixed Use
$836.4K
$731.9K – $975.8K
NOI $58,550 @ 7.0% cap · market cap 4.88%
Second Best
Retail
$765.0K
$669.4K – $892.6K
NOI $53,553 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.10M
$964.5K – $1.29M
NOI $77,163 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9,769
Businesses Nearby
Explore this area
Business Placement
Demographics for 70112, LA
4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
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 - Combines five residential apartments with ground-floor commercial space and gated courtyard improvements in New Orleans’ French Quarter.
Where is this mixed-use property located?
The property is located at 410 Dauphine St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Five residential units: three 1‑bedroom/1‑bath and two 2‑bedroom/1‑bath apartments; Approximately 792 SF of ground‑floor commercial space, currently vacant and available for lease; Gated property with landscaped courtyard and fountain
