For Sale
$2,475,000

1309 Dauphine StNew Orleans, LA 70116

Seven-unit, renovated apartment building in New Orleans.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A, multifamily investment opportunity presents a meticulously renovated seven-unit apartment building located at 1309 Dauphine St, New Orleans, LA 70116. Boasting 6,069 square feet of net rentable space across two stories, this stabilized property sits on a 4,191 square foot lot and features a permitted VCR-1 zoning designation. Completed in 2021, the building showcases top-of-the-line finishes and exquisite architectural details, including a striking French Quarter Mansard roof. The property includes a beautifully appointed courtyard and a detached rear unit in a separate building. Its prime location in the French Quarter places it near the Port of Call, the Esplanade Corridor, and Cabrini Park. The building is fully sprinklered and professionally managed, offering low-risk, long-term rental potential and significant value appreciation. The asking price is $2,475,000, representing approximately $353,571 per unit. Seller financing options are available.

Highlights

  • Class A, seven-unit multifamily building in New Orleans' French Quarter.
  • 6,069 square feet of net rentable space on a 4,191 square foot lot.
  • Meticulously renovated in 2021 with high-end finishes.
  • Prime location near Port of Call, Esplanade Corridor, and Cabrini Park.
  • $2,475,000 asking price ($353,571 per unit); seller financing available.

Property Details for 1309 Dauphine St

Property type
Apartment buildings
Class
A
Year Renovated
2021
Buildings
1
Stories
2
Units
7

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.964305
Longitude
-90.0622509
1309 Dauphine St, New Orleans, Louisiana

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1309 Dauphine St
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