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Greek Revival Mixed-Use Property
For Sale
$2,789,000

620 Julia Street, New Orleans, LA 70130

Multifamily, New Orleans, LA

Property Size6,817 SF
Lot Size0.06 Acres
Price / SF$409.12
Days on Market10

Property Features for 620 Julia Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning CBD-5
Bedrooms 9
Bathrooms 7
Full bathrooms 5
Half bathrooms 3
Rooms Bedroom 8, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 7, Bathroom 4, Bedroom 5, Bathroom 6, Bathroom 7, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 8, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 9
Parking features On Street
Patio and Porch features Patio, Deck
Interior features Separate Shower, Standalone Tub
Exterior features Permeable Paving
Appliances Dishwasher, Electric Range, Refrigerator, Washer/Dryer Stacked, Range, Dishwasher, Electric Range, Refrigerator, Washer/Dryer Stacked, Range
Subdivision Central Business District
Lot features Landscaped, Zero Lot Line
Elementary school district Orleans Parish
Middle school district Orleans Parish
High school district Orleans Parish
Directions Between Camp St. & St. Charles Ave. Julia St is a one way headed away from the river.
Standard status Active
APN 618-JULIAST
Size 6,817 SF
Lot size 0.06 Acres

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Description Sq 181 Lot 6 Or 35 Julia 26' 3 X 105' 618-20 Julia
Tax Annual Amount 13572
Legal Description Sq 181 Lot 6 Or 35 Julia 26' 3 X 105' 618-20 Julia

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

central courtyard

Building Details

Year built 1832
Number of units 4
Flooring type Concrete, Wood, Tile - Ceramic
Building materials Brick, Frame
Roof type Shingle
Architectural style Greek Revival
Buildings 1
Listing Agency: Keller Williams Realty NO
Listed By: Chris M Smith · License #000009641
Added: Oct 20 Changed: Oct 27 Last Checked: Oct 29 at 9:06AM
MLS# 200EBM

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1832 and restored in 2025, this Greek Revival property contains 6,817 square feet on a 0.06-acre lot. The main residence is approximately 3,672 square feet, with four bedrooms and three full bathrooms plus a half bath. Separate living spaces include an approximately 1,241-square-foot, two-bedroom apartment and a three-bedroom apartment. The first-floor gallery or retail area measures approximately 1,212 square feet. A central courtyard, patio, and deck add outdoor space. CBD-5 zoning applies.

At 620 Julia Street in New Orleans, the property is near Julia Street galleries, Lafayette Square, the National WWII Museum, and the Ogden Museum of Southern Art. Restaurants named in the property information include Peche, Herbsaint, Cochon, Emeril’s, and Gianna.

Key Highlights

  • 6,817‑square‑foot property on a 0.06‑acre lot
  • Built in 1832; restored in 2025
  • Approximately 3,672‑square‑foot main residence with 4 bedrooms, 3 full baths, and 1 half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,030
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,600 $1.8M
Cap Rate 7%
$1,314,714 $1.3M
Cap Rate 9%
$1,022,556 $1.0M
Market Conditions
NOI Build-Up for 6,817 SF
Gross rent
$163.6K $24.00/SF
− Vacancy
−$16.4K −$2.40/SF
EGI
$147.2K $21.60/SF
− OpEx
−$55.2K −$8.10/SF
NOI
$92.0K $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%
$1,840,600
Cap Rate 7%
$1,314,714
Cap Rate 9%
$1,022,556

Alternative Uses

Best Use
Mixed Use
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $92,030 @ 7.0% cap · market cap 3.30%
Second Best
Retail
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $84,176 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M (±1% cap)
NOI $121,286 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Butcher Home Appliance Store Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

9,016
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A restored historic building combines residential space, separate apartments, and a street-level gallery or retail area.
Where is this mixed-use property located?
The property is located at 620 Julia Street 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: 6,817‑square‑foot property on a 0.06‑acre lot; Built in 1832; restored in 2025; Approximately 3,672‑square‑foot main residence with 4 bedrooms, 3 full baths, and 1 half bath
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