Four-Unit Quadplex with
For Sale
$1,600,000
7836 SAINT CHARLES Avenue, New Orleans, LA 70118
Income property with central HVAC, hardwood floors, on-site laundry, and separately metered utilities.
Property Size7,615 SF
Days on Market51
Property Features for 7836 SAINT CHARLES Avenue
General Information
Standard status
Active
Size
7,615 SF
Property subtype
Quadruplex
Site & Location
Neighborhood
East Carrollton
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Amenities
off-street parking
on-site laundry
Building Details
Building Size
7,615 SF
Year Built
1926
Buildings
1
Listing Agency:
Wurth Real Estate Services
Listed By:
Alexander Peet
(504) 407-9012
Source:
Burkbrokerage
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 28 at 6:11PM
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 Wurth Real Estate Services
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Investment Insights
Based on property information with market context.
Built in 1926, this four-unit property on Saint Charles Avenue offers spacious residences with central air and heat, hardwood flooring, abundant natural light, and generously proportioned bedrooms and living areas. The building also includes off-street parking, on-site laundry, and a metal roof. Each unit has separately metered utilities.
The property is near Audubon Park and Tulane and Loyola universities, placing the building within an established Uptown setting. Its four-unit configuration and existing residential features provide a straightforward multifamily layout.
The property is near Audubon Park and Tulane and Loyola universities, placing the building within an established Uptown setting. Its four-unit configuration and existing residential features provide a straightforward multifamily layout.
Key Highlights
- Four‑unit multifamily property built in 1926
- Located on Saint Charles Avenue near Audubon Park
- Near Tulane and Loyola universities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,425
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,928,500
$1.9M
Cap Rate 7%
$1,377,500
$1.4M
Cap Rate 9%
$1,071,389
$1.1M
Market Conditions
NOI Build-Up for 7,615 SF
Gross rent
$150.8K $19.80/SF
− Vacancy
−$13.0K −$1.71/SF
EGI
$137.7K $18.09/SF
− OpEx
−$41.3K −$5.43/SF
NOI
$96.4K $12.66/SF
Area
New Orleans, LA
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%
$1,928,500
Cap Rate 7%
$1,377,500
Cap Rate 9%
$1,071,389
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.61M
NOI $96,425 @ 7.0% cap · market cap 6.03%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,630 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$1.94M
$1.69M – $2.26M
NOI $135,484 @ 7.0% cap · market cap 8.47%
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
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Explore this area
Business Placement
Demographics for 70118, LA
35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
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
Frequently Asked Questions
What type of property is this?
Quadplex - Income property with central HVAC, hardwood floors, on-site laundry, and separately metered utilities.
Where is this quadplex located?
The property is located at 7836 SAINT CHARLES Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1926; Located on Saint Charles Avenue near Audubon Park; Near Tulane and Loyola universities
