Licensed Short-Term Rental
For Sale
$1,250,000
842 CAMP Street, New Orleans, LA 70130
Commercial Sale, New Orleans, LA
Property Size4,540 SF
Price / SF$275.33
Days on Market541
Property Features for 842 CAMP Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD-5
Parking features
Off Street
Standard status
Active
APN
842-CAMPST7
Size
4,540 SF
Taxes and HOA fees
Tax Description
1. SQ 161 LOT 11A 66'7X75'11 RTA# 99-052366 RTA YEARS 2002-2006 2. 49.34% INTS UNIT 7
Legal Description
1. SQ 161 LOT 11A 66'7X75'11 RTA# 99-052366 RTA YEARS 2002-2006 2. 49.34% INTS UNIT 7
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1845
Floors in Building
3
Buildings
1
Listing Agency:
Keller Williams Realty NO
(504) 862-0100
Listed By:
Jeffrey R Doussan · License #995690135
(504) 236-0222
Added: May 1, 2025
Changed: Oct 23
Last Checked: Oct 23 at 5:06PM
MLS# 2500340
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 4,540-square-foot townhouse is licensed for commercial short-term rental use and contains five bedrooms and 4.5 bathrooms. Built in 1845, the historic building features Italianate architecture. Off-street parking is provided, with public water and sewer service and natural gas available.
The property is on Camp Street in New Orleans, surrounded by local amenities, including restaurants and museums. Its zoning designation is CBD-5.
The property is on Camp Street in New Orleans, surrounded by local amenities, including restaurants and museums. Its zoning designation is CBD-5.
Key Highlights
- Licensed commercial short‑term rental with 5 bedrooms and 4.5 bathrooms
- 4,540 square feet in a historic townhouse built in 1845
- Italianate architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,840
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,800
$1.1M
Cap Rate 7%
$754,857
$754.9K
Cap Rate 9%
$587,111
$587.1K
Market Conditions
NOI Build-Up for 4,540 SF
Gross rent
$105.7K $23.28/SF
− Vacancy
−$9.6K −$2.12/SF
EGI
$96.1K $21.16/SF
− OpEx
−$43.2K −$9.52/SF
NOI
$52.8K $11.64/SF
Area
New Orleans, LA
Vacancy
9.10%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,800
Cap Rate 7%
$754,857
Cap Rate 9%
$587,111
Alternative Uses
Best Use
Apartment 5plus
$754.9K
$660.5K – $880.7K
NOI $52,840 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.35M
NOI $80,774 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,554
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Five bedrooms and 4.5 bathrooms serve a licensed visitor lodging operation in the CBD-5 district.
Where is this short term rental property located?
The property is located at 842 CAMP Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Licensed commercial short‑term rental with 5 bedrooms and 4.5 bathrooms; 4,540 square feet in a historic townhouse built in 1845; Italianate architectural style
