Uptown Triplex Investment
712-714 General Taylor Street, New Orleans, LA 70115
Historic triplex near Magazine Street with income potential.
Type:MULTI FAMILY FOR SALE / Townhouse
Property size:
3,345 SFPrice / SF:
$130/SF- Added:
- Feb 10, 2026
- Days on Market:
- 112
- Last Refresh:
- Mar 17 at 7:20 am
Property Features for 712-714 General Taylor Street
General Information
- Standard status
- Active
- Size
- 3,345 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1950
Listing agent Brittny McKay License #995714251 (504) 236-5749
Listing office Brittny McKay Real Estate (504) 236-5749
Listing date Feb 10, 2026
Source Compass
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 Brittny McKay Real Estate
HighLights
- Prime Uptown location: Just 2 blocks from Tchoupitoulas, and a short distance from Magazine Street, universities, shopping, dining, and the streetcar line.
- Tri‑plex with three separate units, offering strong rental income potential.
- Potential to generate up to $6,200/month in gross income based on neighborhood rental comps.
- Value‑add opportunity: Property needs work and is being sold as‑is.
- Located in a sought‑after local historic district within a neighborhood listed on the National Register of Historic Places.
- Six bedrooms and four bathrooms total.
Overview
Located two blocks from Tchoupitoulas, this historic triplex at 712-714 Gen Taylor presents an investment opportunity in a sought-after local historic district within a neighborhood listed on the National Register of Historic Places. Situated blocks from Magazine Street, universities, shopping, dining, and the streetcar line, the property features three separate units, two of which are currently occupied. The property has potential for rental income. Neighborhood rental comparisons suggest the potential to generate up to $6,200 per month in gross income with updates and renovations. This property is suitable for investors or those seeking a multi-family property in a high-demand area. The property, with a size of 3345 square feet, is being sold as-is, presenting a value-add opportunity in one of New Orleans' most desirable neighborhoods. The location offers tree-lined streets, classic New Orleans architecture, and proximity to major Uptown attractions. Buyers should rely on their own inspection.
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 | $45.0k | $13.44 |
| − Vacancy | −$3.9k | −$1.16 |
| EGI | $41.1k | $12.28 |
| − OpEx | −$12.3k | −$3.68 |
| NOI | $28.8k | $8.60 |
3,345 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$410.7K
$359.4K – $479.2K
NOI $28,751 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$364.1K
$318.6K – $424.8K
NOI $25,486 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$882.5K
$772.2K – $1.03M
NOI $61,775 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0947096
- Latitude
- 29.9196243
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Historic triplex near Magazine Street with income potential.
Where is this triplex located?
The property is located at 712-714 General Taylor Street New Orleans, LA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Prime Uptown location: Just 2 blocks from Tchoupitoulas, and a short distance from Magazine Street, universities, shopping, dining, and the streetcar line.; Tri‑plex with three separate units, offering strong rental income potential.; Potential to generate up to $6,200/month in gross income based on neighborhood rental comps.
