Cottage Triplex with Private
New
For Sale
$500,000
633 S DUPRE Street, New Orleans, LA 70119
Multi-Family, Cottage, New Orleans, LA
Property Size2,178 SF
Price / SF$229.57
Days on Market2
Property Features for 633 S DUPRE Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Porch
Exterior features
Courtyard, Porch
Lot features
Regular
Standard status
Active
APN
626
Size
2,178 SF
Taxes and HOA fees
Tax Description
SQ 626 LOT 30 SO DUPRE 30' 11" X 144' 633-35 SO DUPRE ST
Legal Description
SQ 626 LOT 30 SO DUPRE 30' 11" X 144' 633-35 SO DUPRE ST
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
front porch
landscaped fenced front yard
private gated backyard
deck
fire pit
gravel gathering areas
Building Details
Year built
1900
Floors in Building
1
Number of units
3
Roof type
Shingle
Architectural style
Cottage
Listing Agency:
Homesmart Realty South · HomeSmart International
(504) 908-7653
Listed By:
Whitney Harrel · License #995714721
(713) 445-6614
Added: Oct 9
Last Checked: Oct 10 at 9:06AM
MLS# 2581011
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
At 633 S Dupre Street in New Orleans, this 1900-built cottage is arranged as three living spaces: a two-bedroom, two-bath residence of approximately 1,200 square feet, a one-bedroom, one-bath residence of approximately 800 square feet, and a studio. Central heating and air conditioning serve the property, which has a shingle roof.
Outdoor features include a large front porch, a fenced front yard, and a gated rear area with a deck, fire pit, gravel gathering spaces, and greenery. The property is described as fully occupied and offers on-street parking.
Outdoor features include a large front porch, a fenced front yard, and a gated rear area with a deck, fire pit, gravel gathering spaces, and greenery. The property is described as fully occupied and offers on-street parking.
Key Highlights
- Three living spaces: a two‑bedroom, two‑bath residence, a one‑bedroom, one‑bath residence, and a studio
- Approximate residence sizes of 1,200 square feet and 800 square feet
- Gated backyard with deck, fire pit, gravel gathering areas, and greenery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,579
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,580
$551.6K
Cap Rate 7%
$393,986
$394.0K
Cap Rate 9%
$306,433
$306.4K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$43.1K $19.80/SF
− Vacancy
−$3.7K −$1.71/SF
EGI
$39.4K $18.09/SF
− OpEx
−$11.8K −$5.43/SF
NOI
$27.6K $12.66/SF
Area
ZIP 70119
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$551,580
Cap Rate 7%
$393,986
Cap Rate 9%
$306,433
Alternative Uses
Best Use
Multifamily LT 5
$394.0K
$344.7K – $459.7K
NOI $27,579 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$362.1K
$316.9K – $422.5K
NOI $25,349 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$569.9K
$498.7K – $664.9K
NOI $39,894 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,472
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate living spaces include two residences and a studio, with shared outdoor areas for residents.
Where is this triplex located?
The property is located at 633 S DUPRE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three living spaces: a two‑bedroom, two‑bath residence, a one‑bedroom, one‑bath residence, and a studio; Approximate residence sizes of 1,200 square feet and 800 square feet; Gated backyard with deck, fire pit, gravel gathering areas, and greenery
