Mixed-Use Townhouse with
New
For Sale
$2,789,000
620 Julia St, New Orleans, LA 70130
Four levels combine residential units, street-facing gallery space, and a shared outdoor courtyard.
Property Size7,879 SF
Price / SF$353.98
Days on Market7
Property Features for 620 Julia St
General Information
Standard status
Active
Size
7,879 SF
Property subtype
Retail
Zoning
CDB-5
Site & Location
Neighborhood
Central Business District
Mixed-Use Components
residential, retail
Amenities
central courtyard
Power
Water
Sewer
Building Details
Year Built
1832
Year Renovated
2025
Buildings
1
Stories
4
Listing Agency:
Keller Williams Realty New Orleans
Listed By:
Chris Smith · License #000009641
(504) 231-2004
Source:
Lacdb.resimplifi
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 26 at 3:01PM
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 Keller Williams Realty New Orleans
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 four-story New Orleans property contains approximately 7,879 square feet and dates to 1832, with renovation completed in 2025. Its residential component includes a main home of approximately 3,672 square feet, configured with four bedrooms, three full bathrooms, and one half bathroom. Two separate apartments add a 1,241-square-foot, two-bedroom unit with one full and one half bathroom, plus a three-bedroom residence with one bathroom. A courtyard provides shared outdoor space.
At street level, approximately 1,212 square feet of gallery or retail area fronts Julia Street. The property is part of the Thirteen Sisters architectural ensemble and is located in New Orleans’ CBD Arts District. Galleries, Lafayette Square, restaurants, and museums are among the nearby destinations. The mixed-use configuration brings together distinct residential spaces and a commercial frontage within one historic building.
At street level, approximately 1,212 square feet of gallery or retail area fronts Julia Street. The property is part of the Thirteen Sisters architectural ensemble and is located in New Orleans’ CBD Arts District. Galleries, Lafayette Square, restaurants, and museums are among the nearby destinations. The mixed-use configuration brings together distinct residential spaces and a commercial frontage within one historic building.
Key Highlights
- Four‑story property with approximately 7,879 square feet
- Built in 1832 and renovated in 2025
- Main residence: approximately 3,672 square feet, four bedrooms, three full bathrooms, and one half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,367
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,127,340
$2.1M
Cap Rate 7%
$1,519,529
$1.5M
Cap Rate 9%
$1,181,856
$1.2M
Market Conditions
NOI Build-Up for 7,879 SF
Gross rent
$189.1K $24.00/SF
− Vacancy
−$18.9K −$2.40/SF
EGI
$170.2K $21.60/SF
− OpEx
−$63.8K −$8.10/SF
NOI
$106.4K $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%
$2,127,340
Cap Rate 7%
$1,519,529
Cap Rate 9%
$1,181,856
Alternative Uses
Best Use
Mixed Use
$1.52M
$1.33M – $1.77M
NOI $106,367 @ 7.0% cap · market cap 3.81%
Second Best
Multifamily LT 5
$1.43M
$1.25M – $1.66M
NOI $99,768 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,181 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9,016
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
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 - Four levels combine residential units, street-facing gallery space, and a shared outdoor courtyard.
Where is this mixed-use property located?
The property is located at 620 Julia St New Orleans, LA.
What is the asking price?
The asking price for this property is $2,789,000.
What are key features of this property?
This property features: Four‑story property with approximately 7,879 square feet; Built in 1832 and renovated in 2025; Main residence: approximately 3,672 square feet, four bedrooms, three full bathrooms, and one half bathroom
