Property profile

2028 Dumaine St New Orleans, LA 70116

OFF-MARKET
Specialty properties
Property ID
US36-0052743
2,100 SF Built 1920
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Property summary

AI-generated overview

This charming 2,100 square foot guesthouse in New Orleans' desirable Tremé neighborhood presents a unique investment opportunity. Built in 1920 and renovated in 2013, this single-story, one-building property sits on a 3,300 square foot lot and boasts six bedrooms. Currently operating as a fully licensed bed and breakfast, it's exempt from Airbnb regulations and has a proven track record of generating $70,000-$100,000 in annual net operating income (NOI). The property's conditional use permit allows for short-term rentals. The sale includes the established booking platform, reviews, and existing reservations. With potential for increased revenue through added amenities like breakfast service, bike rentals, or guided tours, this turnkey operation offers significant upside. The asking price is $475,000. Located just one mile from the French Quarter at 2028 Dumaine St, New Orleans, LA 70116, this property is ideally situated for attracting tourists and maximizing occupancy. Financial records are available upon request.

Property profile

Verified
Property type Specialty properties
Year built 1920
Total area 2,100 SF
UPID US36-0052743

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2028 Dumaine St New Orleans, LA 70116
New Orleans metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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