Historic Four-Unit Residential
525 CONTI Street New Orleans, LA 70130
525 CONTI Street, New Orleans, LA, 70130
$1,472,500
For Sale
$1,472,500
Historic four-unit property totaling 3,582 square feet on Conti Street in the French Quarter.
Property Size3,582 SF
Price / SF$411.08
Days on Market294
Property Features for 525 CONTI Street
General Information
- Standard status
- Active
- Size
- 3,582 SF
- Property subtype
- Quadruplex
Building Details
- Year Built
- 1850
Listing agency
Bridgewater Realty Advisors, LLC
(504) 274-2701
Listed by
Mason McCullough · License #995714063
Source
Talbot-realty
Added: Oct 1, 2025 Updated: Jul 20 at 9:16PM Checked: Jul 21 at 3:03AM
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, LLC
Investment Insights
Based on property information with market context.
525 Conti Street is a historic four-unit residential property totaling 3,582 square feet. The building combines classic New Orleans architectural character with modern updates.
Positioned along Conti Street in the French Quarter, the property is just steps from Decatur, Royal, and Bourbon Streets. The surrounding area includes well-known dining and entertainment destinations.
This four-unit configuration offers a straightforward income-producing setup within a highly visited downtown core.
Positioned along Conti Street in the French Quarter, the property is just steps from Decatur, Royal, and Bourbon Streets. The surrounding area includes well-known dining and entertainment destinations.
This four-unit configuration offers a straightforward income-producing setup within a highly visited downtown core.
Key Highlights
- Historic four‑unit residential property built in 1850
- Total building size is 3,582 sq ft
- Located on Conti Street in the French Quarter
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 | $70.9k | $19.80 |
| − Vacancy | −$6.1k | −$1.71 |
| EGI | $64.8k | $18.09 |
| − OpEx | −$19.4k | −$5.43 |
| NOI | $45.4k | $12.66 |
3,582 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$648.0K
$567.0K – $756.0K
NOI $45,357 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$595.6K
$521.1K – $694.8K
NOI $41,690 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$910.4K
$796.6K – $1.06M
NOI $63,730 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Historic four-unit property totaling 3,582 square feet on Conti Street in the French Quarter.
Where is this quadplex located?
The property is located at 525 CONTI Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,472,500.
What are key features of this property?
This property features: Historic four‑unit residential property built in 1850; Total building size is 3,582 sq ft; Located on Conti Street in the French Quarter
