618 Rampart St New Orleans, LA 70112
This exceptional 2018-built property at 618 N Rampart St, New Orleans, LA 70112, presents a lucrative investment opportunity. The building encompasses 14,000 square feet and features five luxury apartments, each a three-story unit with three bedrooms and two and a half bathrooms. Units boast designer furnishings, floor-to-ceiling impact windows and doors opening onto private balconies on every floor. High-end finishes include hardwood floors, 11-foot ceilings in living areas, exposed brick accent walls, custom kitchens with quartz countertops and Bosch appliances, and master bathrooms featuring free-standing tubs, rain showers, and Kohler and Toto fixtures. The 9,012 square feet of net rentable space includes a ground-floor commercial storefront, adding significant versatility. Residents enjoy dedicated parking and a tranquil courtyard. The property is zoned VCC-2 and offers a blend of sophisticated living and prime New Orleans location. Asking price is $4,750,000. This is a unique opportunity to acquire a high-quality multifamily property with a valuable commercial component in a desirable New Orleans neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.