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Triplex with Private Outdoor Space
For Sale
$500,000

633 S DUPRE Street, New Orleans, LA 70119

Multifamily, New Orleans, LA

Property Size2,178 SF
Price / SF$229.57
Days on Market15

Property Features for 633 S DUPRE Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4
Patio and Porch features Porch
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

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

oversized front porch
landscaped fenced front yard
private fully gated backyard retreat
deck
fire pit
gravel gathering areas
lush greenery

Building Details

Year built 1900
Number of units 3
Architectural style Cottage
Listing Agency: Homesmart Realty South - Metairie · HomeSmart International
Listed By: Whitney Theresa Harrel · License #995714721
Added: Oct 9 Changed: Oct 23 Last Checked: Oct 23 at 7:06PM
MLS# 2581011

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.

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Investment Insights

Based on property information with market context.

This cottage-style triplex contains three living areas: a two-bedroom, two-bath residence of approximately 1,200 SF, a one-bedroom, one-bath residence of approximately 800 SF, and a studio. High ceilings and finished flooring are present in the interiors. Central heating and central air serve the property, which was built in 1900.

Outdoor features include a large front porch, a landscaped and fenced front yard, and a gated backyard with a deck, fire pit, gravel gathering areas, and greenery. The property is in New Orleans’ Mid-City area, with neighborhood dining, shopping, recreation, and major city destinations noted nearby. On-street parking is available.

Key Highlights

  • Three living areas: approximately 1,200 SF two‑bedroom, two‑bath residence, approximately 800 SF one‑bedroom, one‑bath residence, and studio
  • Built in 1900; cottage architectural style
  • 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 (±1% cap)
NOI $27,579 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$362.1K
$316.9K – $422.5K (±1% cap)
NOI $25,349 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$569.9K
$498.7K – $664.9K (±1% cap)
NOI $39,894 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,472
Businesses Nearby

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
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?
Triplex - Three separate living areas include a studio, with a gated backyard and deck for residents to enjoy.
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 areas: approximately 1,200 SF two‑bedroom, two‑bath residence, approximately 800 SF one‑bedroom, one‑bath residence, and studio; Built in 1900; cottage architectural style; Gated backyard with deck, fire pit, gravel gathering areas, and greenery
More about this property
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