Showing with 24 hrs notice (approx)
This 5-unit Class C property offers a solid investment in a stable rental market with high tenant retention. Situated on a 0.11-acre lot, the building spans 3,636 square feet and is zoned HU-RD2 (Historic Urban Two-Family Residential District). The units are all fully occupied, including one Section 8 tenant, with four of five tenants in residence for over three years-a testament to tenant stability. Property Highlights: *Unit Breakdown: 1 studio, 2 two-bed/one-bath units, 2 threebed/ one-bath units *Combination of both Off-Street and Street Parking: Convenient for tenants *Amenities: Washer/dryer in each unit, HVAC with window units *Utilities: Public water and trash paid by owner, public gas & electric paid by tenants *Upcoming Rent Potential: Four of the five units will be eligible for a rent increase in April 2025 This property sits in Ward 2, offering access to a residential base of 375,000 within a five-mile radius. An ideal option for investors seeking steady income with room for potential rent growth.
Sale includes three residential units and three commercial units. Zoned Light Industrial with many permitted uses. Current commercial tenant mix: Phone store, Hair Salon, and Nail Salon. They are all long term. Phone store operator signed a new lease recently with escalations. Hair salon and Nail salon operators are month to month. Property has over 20,000 sq/ft gravel lot located in the rear of structures. The buildings have newer roofs, all have central air/heat. Some appliances are included in sale. Residential units have been HANO approved for many years. 4522 Downman is currently vacant and can be shown. It can be used an office also.
Rare opportunity to own a city block in New Orleans. This property is ZONED HU-MU and classified as commercial. These properties are part of a Succession. This property is currently rented as a clinic. The property is conjoined at the rear by another parcel owned by the decedent thats fronts Canal St. Because of the configuration and access to the rear lot of Canal St the seller is choosing to sell them together as a package. They are listed separately because they are separate parcels and separate deeds but they are being sold together as a package. 2740-42 Iberville, MLS # 2469556 , Lot 6 Measures 30 X 105, Parcel No 206204322 and is Classified as Commercial. This Property is listed for $250,000 and is currently rented for $2,000 a month . 2743 Canal, mls # 2475807 is 35x60x208 and consist of lots 34,36,27,&28, Parcel No 206204317 , listed for $325,000.00 and is currently being used as a 4 Plex with rents totaling $3,670.00 per month . Please do not bother tenants. We are currently trying to work out viewings. Getting inside has been difficult. The properties are being sold as is. Inspections are for informational purposes only. The succession can not make any repairs . Both Properties qualify for 45%Rehabilitation Tax Credits . See Historic Pro Nola. Please see diagram in pictures of Property plot.
Exceptional Five-Unit Creole Townhouse style property in the heart of the Faubourg Marigny! This carefully preserved gem teems with New Orleans architecture including a phenomenal covered gallery overlooking majestic Royal Street, original hardwood at your feet and soaring ceilings above pulled together by floor-to-ceiling windows flooding the apartment with light, pocket doors exposed brick fireplaces abound, and romantic exposed beams throughout the third story unit. The property sits amid a highly coveted New Orleans neighborhood pulsating with world-class dining, architectural grandeur, vibrant live music and so much more. Beyond its amenities, this area is enviably located in the preferred flood zone X and just steps to the French Quarter. This carefully maintained opportunity would be a perfect opportunity for anyone looking to add a gem to their real estate portfolio for immense rental income, to undertake a luxury renovation project, or to embark on an ideal condo-conversion project. Income for all units are significantly under fair market rate. Seize this opportunity and embrace the chance to claim a piece of New Orleans’ history as your own. NEW ROOF!
3605 CATHERINE, 3606 CATHERINE, 3600 VICTORIA - Seize this prime chance to establish or expand your business in a robust heavy-duty metal building featuring steel framing. This versatile property boasts both front and back roll-up doors and durable cement flooring, options for a variety of operations. Previously a full-service welding shop, the warehouse is equipped with valuable equipment that is available for negotiation. The property also includes an office space under roof, complete with a half bath, providing convenience for your operations. All essential city utilities are already connected, ensuring a smooth transition for your business. Additionally, two adjacent lots included that offers enhanced access from both Catherine St and Victoria St and increased visibility for your venture. Don't miss out on this strategic location—and taking your business to the next level!
Historic six-unit Greek Revival raised basement gem nestled in the heart of the Faubourg Marigny. This unique property, said to have sparked Tennessee Williams' imagination for his iconic play “A Streetcar Named Desire,” is a showcase of New Orleans' architectural splendor. From its covered gallery offering majestic views of Royal Street to the quaint carriageway that leads to an intimate garçonnière and a lush, secluded back courtyard, every detail is dripping with local charm. Surrounded by the architectural grandeur and pulsating energy of a highly coveted New Orleans neighborhood, this property stands as a testament to the city's vibrant culture. Here in the Marigny, world-class dining, lively music scenes, and colorful street life are not just amenities—they are the fabric of everyday life. Moreover, its prime location in the preferred flood zone X, mere steps from the French Quarter, positions it as a rare find in the city's real estate market. This carefully maintained property presents a golden opportunity for those looking to enrich their real estate portfolio with a piece of New Orleans' rich history. Whether you're eyeing immense rental income, contemplating a luxury renovation project, or envisioning a lucrative condo-conversion venture, this property is ripe with potential. To be conveyed vacant, it offers a blank canvas for the next owner to weave their vision into the vibrant tapestry of the Marigny. Seize this unparalleled opportunity to own a slice of New Orleans’ storied past. NEW ROOF!
Nestled in the heart of historic Algiers, this multi-family package presents a unique investment opportunity brimming with potential. Fantastic opportunity to renovate and own a 6 unit compound in a residential location. Property includes 4 buildings in 1 fenced corner lot. Bldg 1201 is a raised frame, single family with 1 bedroom and 1 bath. Bldg 1201 B is a concrete slab, 2 story, single family with 2 bedrooms and 1.5 baths. Bldg 1201 C & D is a concrete slab, gutted, 2 story, 2 unit building with 1 unit up and 1 unit down - each with 1bed/1bath. Bldg 1205-1207 is a raised frame shotgun double with 1 bed/1bath on each side. Separate electric meters and 1 common water meter. Subject located on corner lot at a dead end which makes it convenient for parking. The location could not be more convenient, mere minutes from public transportation, the bustling Federal City, and essential commuter links like the bridge and ferry. Plus, with easy parking along the dead-end street, this property ticks all boxes for accessibility. The potential for a lucrative rental income is palpable. The outdoor space each unit offers provides a private oasis in the city, making it all the more appealing in a bustling urban environment. So, if turning spacious courtyards into charming retreats or transforming interiors into modern sanctuaries sounds like your kind of challenge, then this Algiers gem might just be your next big catch in the Crescent City’s vibrant real estate market. Seize the opportunity to craft something special—where history meets potential, right on the banks of the mighty Mississippi.
For sale, 6117 Magazine Street presents a rare mixed-use investment opportunity at an exceptionally attractive price point. This fully leased property features a spacious ground-floor commercial space (ideal for owner-occupancy—contact us for more details) and three residential units on the upper floors: a 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. The property is well-maintained and benefits from a long-term tenant history. Located at the entrance to the vibrant Magazine Street corridor, this property offers excellent access to Audubon Park and Golf Course, Tulane and Loyola Universities, and a variety of shops, restaurants, and attractions along Magazine Street. The flexible HU-B1 zoning supports a wide range of uses, including retail, office, cafe, professional services, and more. The current ground-floor tenant has recently renewed their lease, with an option for a new owner to take over the space. This presents a prime opportunity for an owner-occupier looking to operate their business while generating rental income from the residential units above.
Fully rented triplex with HU-B1 zoning allowing a variety of commercial uses. Convenient location in the Fairgrounds area just off Broad St. Opportunity to raise rents-2 tenants have lived at the property for approx. 20 years. 3 separate electric and gas meters. 2 water meters-1 is shared by 1540 and 1540A so landlord pays that water bill. Roof is just 5 years old. New flooring and freshly painted exterior.
Own almost an entire block of historic homes that have been mostly updated and generating money.
Steps from Magazine Street, 1027 Ninth has one commercial and one residential unit on the ground floor with a second residential/office unit located on the second floor. The commercial unit (513 sf) is occupied by Hair of the Dog Salon on a month-to-month lease. The ground floor residential unit was previously two 500 sf apartments. A few years ago the Seller combined the two units into one large apartment with beautiful exposed brick, stainless steel appliances, and high ceilings. The Seller occupies the 2nd floor as his law office. 2nd floor can easily be converted back into residential. The front has 4 sets of 12ft. Mahogany door w/transoms. Large apart. has a marble foyer, crystal chandelier, spectacular double staircase, granite kitchen, 42" cabinets, Mahogany floor doors, master has granite, whirlpool tub, & shower. 12 ft. ceilings, chandeliers, and more. Zoning is HU-RD2, however, former B1-A zoning is grandfathered in for first-floor dog groomer.
Charming Historic French Quarter-Style Residence in Historic Old Algiers! Views of the New Orleans skyline from the front porch! Located across from the renowned Blaine Kern Mardi Gras Studio, this elegant home captures the essence of New Orleans’ classic French Quarter style in the heart of Old Algiers. This property has a flexible floor plan. The 3 bedroom 2 bath home has versatile uses and one bedroom is currently being uses a den/movie room. The property is has MULTIFAMILY and COMMERCIAL HU MU zoning and still has multiple utility meters. Outdoor Oasis: The backyard is an inviting retreat, featuring a gazebo with a premium steel tub that offers both hot and cold water options—great for unwinding year-round. “Additionally, the home offers a cozy patio just outside the back door, great for enjoying morning coffee or evening gatherings. This space seamlessly connects the indoor and outdoor areas, enhancing the home’s entertaining options and providing a tranquil spot to relax and unwind. Prime Location with Scenic Views: From the spacious front porch, enjoy tranquil views of the Mississippi River. A short 10-minute stroll brings you to the Algiers Ferry, offering a quick and scenic route to downtown New Orleans ($2.00 each way; seniors 65+ ride for $1.00, and children under 2 are free). Downtown Access and Amenities: Across the river, downtown New Orleans awaits with its vibrant array of attractions: the picturesque Riverwalk, high-end shopping at Canal Place, the historic French Market, the bustling energy of Canal Street, and the iconic Bourbon Street. Indulge in the city’s finest coffee shops, eclectic boutiques, and renowned restaurants, all just a ferry ride away. Property is currently occupied but easy to show. Schedule a viewing today!
Fantastic opportunity to purchase brick front building on corner lot with lots of potential and options! Property was most recently used as a church and currently includes entry foyer, 2 half baths, 2 offices, large open sanctuary space, and kitchen/fellowship hall/dining area. Property is currently zoned HU-RD2 (Historic Urban Two-Family Residential District) and can also continue be used as Place of Worship under current zoning. Sold as is.
Amazing opportunity! Purchase and price includes, 1401-03 S. Roman (Duplex- 2 bed/1 bath each side), 1405 S. Roman a Vacant lot (32x120), AND Convenience Store adjacent rear 3208 Thalia (1700+ sqft commercial space). Yes... An income producing duplex, lot, and commercial space with limitless potential. Store kitchen equipment included. Appraised in 2023 for $350,000. Many recent upgrades. Do not let this awesome opportunity pass you by!
Prime Commercial Investment Retail and STR Opportunity on St Charles Avenue! This exceptional property offers a prominent presence on one of New Orleans' most renowned avenues. Currently operating as a retail clothing store with three spacious, high-performing short-term rental units, this property combines modern upgrades with historic charm, attracting steady guest bookings and retail traffic alike. Exterior amenities enhance the property’s curb appeal, including a meticulously landscaped entryway, a tastefully designed outdoor entertaining area, and a recently refreshed exterior. Property currently lease three parking spots next door. This eye-catching frontage is designed to capture attention and increase foot traffic on this bustling section of St. Charles Avenue. Located in the heart of the city, the property provides direct access to Mardi Gras parades, ensuring front-row exposure to one of New Orleans’ most celebrated annual events. Its strategic position is also within walking distance of the convention center, the World War II Museum, the Superdome, and other key city attractions, making it a prime destination for both locals and visitors.
Rare two story commercial building zoned light industrial that has five units with four units. On the first floor, you will find a full-service restaurant on one side and bar opportunities on the other. Steel beamed reinforced, metal roof, solar panels, concrete walls, and the courtyard gives this place lots of potential. Upstairs you'll find three renovated units that bring in passive income. Two of the units are two bedroom one baths and the third is a very spacious efficiency with its own laundry room. Across from the Lakefront Airport, this one has tons of potential and possibility!
Fully equipped mixed use grocery & restaurant available for immediate occupancy. Large open concept kitchen with a very spacious prep area and large airy dining space with walls of windows overlooking Prytania. Positioned directly across from a boutique hotel, this corner of Prytania and Josephine has become a much loved dining spot for the whole neighborhood. There is a lot of flexibility with this space as the previous tenant had a large grocery & merchandising area in addition to the dining area. Call today for a private tour 504-232-5348
Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include balconies overlooking the goings-on of the Quarter. All units have floor plans with independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors and large closets. Property was fully renovated in 2016 and sits in the heart of all the action the French Quarter provides. Most recent gross rental amount with 100% occupancy was $19,600/month.
Tired of working from home. For $375/mo. have your own office space in one of the coolest buildings on Magazine Street! Right off Louisiana and bordering the Garden District and the Irish Channel you'll be centrally located in the Heart of Uptown and still close to Downtown, the CBD and the French Quarter. Your cubicle or work space may have use of the conference room, the lounge, the kitchen and other common spaces, pending availability. You'd need to maintain your own phone and printer. Easy to show!! Call Jeanie for appt. at 504-610-6264.
Embrace a rare opportunity to own a fully operational, turn-key commercial space ideally situated in the vibrant heart of the Irish Channel. This uniquely designed property features a spacious courtyard and outdoor staging area, offering endless potential for a variety of business concepts. Inside, discover a fully equipped facility with ample storage, a welcoming open area, and versatile office or meeting spaces. The expansive site is perfect for hosting events, team gatherings, or customer experiences in an inviting setting. Fixtures, furnishings, and equipment are negotiable in a separate sale. Capacity: 30 Inside + 36 Outside."
This ±11,738 SF corner lot, located at 2536-42 Tulane Ave, offers an unparalleled opportunity for development. Situated directly across from the brand new, highly anticipated Trader Joe’s, this property is primed for a wide range of commercial uses, including retail, restaurants, multi-family, and offices. The generous MU-2 zoning allows for construction of up to 7 stories or 85’ in height. The property is fully cleared and encompasses three lots of record, and features ±100 feet of frontage on Tulane Ave and ±120 feet of frontage on S. Dorgenois Street. In addition to across the street from Trader Joes, the property is in close proximity to the VA Hospital, LSU Medical Center, University Medical Center, and a number of local and national restaurants and retailers. The property is less than a mile from the Super Dome and the French Quarter.
Rare Bywater Gem: New Orleans Commercial & Residential Property w/Coveted HMC-1 Zoning. This circa 1910 property provides flexibility for a multitude of uses. Located mere steps from neighborhood icons: next door to The Sneaky Pickle & 2 blocks from The Country Club. You will find yourself in the midst of the finest eateries, coffee shops, art studios, and cultural venues, including Elizabeth’s, Pizza Delicious, Alma Cafe, & Bywater Bakery. Around the corner lies the charming Mickey Markey Park, enhancing the authentic neighborhood feel. This unique property includes An Expansive 2nd-Floor Balcony: Perfect for watching the renowned St. Ann Parade. A Private Rear Terrace. 1st-Floor Com Space: Versatile & ideal for a storefront, studio, beauty salon, or most recently utilized as an award winning film festival studio venue; complete with a full bath for added convenience. Second-Floor Residential Space: Currently utilized as a residence with 2-3 bedrooms, a full bath, a living room, formal dining, and a chef’s kitchen. The flexible layout adapts to any lifestyle. The natural light that floods the interior is magical and simply must be seen in person. What sets this property apart is its Incredible energy efficiency. Equipped with fully owned solar panels & a Tesla battery; this home not only offers ZERO dollar energy bills, but also generates credits, such as last month's $120 credit from Entergy. The Tesla backup battery ensures uninterrupted power even during neighborhood outages, including during the most recent hurricane (Francine). This is a true and enviable asset!!! Whether you are looking for an income-producing property, a mixed-use space, or a unique residential option in one of New Orleans' most iconic and coveted neighborhoods, this opportunity is unmatched. Rarely does a property of this caliber come available in the heart of the Bywater! An X Flood Zone that has NEVER flooded!!
EXCELLENT OPPORTUNITY to own a historical building in beautiful Algiers. Come see a multi-use building set up with a JAZZ club down stairs and office suites that will support various businesses upstairs. We have a Barber Shop suite, Classroom suite, Therapy suite and an office suite for your business use. There is also a residential suite upstairs for rental use. Common area includes a kitchen and bathroom on the same floor. After a long day enjoy music and entertainment on the first floor weekly. Entire building can be leased out. Call today for information. Call today for more information and schedule a showing today.
The median home value in New Orleans, LA is $327,000. This is higher than the county median home value of $270,400. The national median home value is $338,100. The average price of homes sold in New Orleans, LA is $327,000. Approximately 38.9% of New Orleans homes are owned, compared to 42.07% rented, while 19.03% are vacant. New Orleans real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Orleans real estate agent to arrange a tour today!
New Orleans, Louisiana has a population of 383,974. New Orleans is less family-centric than the surrounding county with 19.77% of the households containing married families with children. The county average for households married with children is 19.77%.
The median household income in New Orleans, Louisiana is $45,594. The median household income for the surrounding county is $45,594 compared to the national median of $69,021. The median age of people living in New Orleans is 37.7 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 63.5 inches per year, with 0 inches of snow per year.