By the numbers; Purchase price $135k; Reno $75k; ARV over $340k+.. Rental comps show $1,700 - $2,100/month per unit. HANO payment standard over $1,900 per unit for the area as this property would be a good fit for voucher and/or cash tenants. Perfect investment for a flip or BRRRR rental. Centrally located in the New Marigny, minutes from Bywater and Frech Quarter Areas. This renovation special gives you a chance to enhance as a full rental, or live in one side, while renting out the other. Either way, you'll have a GREAT equity play once renovations are complete. Separate utility meters. All bedrooms are spacious. Left unit, although more needy in work,, has a great kitchen layout with flexible living area not often seen in shotgun doubles. X Flood Zn
-----> Investor's Delight/Visionary's Opportunity! !Don't Slip - Fix and Flip! Or Fix and Grip! This income producing property. Motivated sellers ready to allow you a money making move. This duplex is minutes away from all the downtown action as well as the French Quarters. Call for more details.
[Seller is a licensed real estate agent in Louisiana.] This gorgeous condo is in the center of the action in the French Quarter. Step outside and watch the parades and second lines go by. You're only steps away from the best bars in the Quarter, so bring your friends (this condo can sleep 8) and have Fun Fun Fun! When you're done, pull the gate shut and you're back home in privacy with outdoor seating under a magical string lit courtyard. There are a total of 3 bedrooms and 3 full bathrooms which includes a separate beautifully restored guest house. The guest house and or main house can also be rented for 61 days or more for additional income. Each room has it's own entrance/exit to outside, making this condo a true unicorn!!! You cannot get more central to the action and the vibrancy of the French Quarter than you would be here! Meticulously renovated with upgraded marble bathrooms (stunning ensuite with walk in closet/laundry in main bedroom) and a chef-designed kitchen (you can entertain and host dinner parities to your hearts content) are paired with charming period accents throughout. You know you're in the historic French Quarter in this home. The downstairs bedroom can be used as an office too. This beautiful home provides the best of both worlds--FUN and LUXURY. It's sold furnished and move-in ready! No renovations needed! This would make a great property for rental income by renting the guest house or main house and keep one for yourself or rent both. It also makes for a great company owned property for entertaining executives during events like Mardi Gras or the upcoming Superbowl.
HISTORIC FRENCH CREOLE COTTAGE!! Located in the more residential portion of the French Quarter, this newly renovated, 6 unit French Creole Cottage is one of the true gems of the city. With recorded history dating back to the colonial era of the late 1700's, this beautiful example of French Architecture is calling you home today! Total renovation in 2018, everything is like new on the interior with a lush, oversized courtyard just right for entertaining or your own oasis! All necessary paperwork in place to turn these units condo as well. Check out the beautiful piece of history today!
100% financing and $650 appraisal credit available from preferred lender. Nestled in the vibrant heart of New Marigny, this charming multi-family residence presents a wonderful opportunity for those looking to invest in New Orleans’ contagious charisma. Boasting four bedrooms and two bathrooms, this property blends historical allure with practical living areas. Imagine each room filled with laughter and Creole jazz tunes drifting through the windows—a quintessential New Orleans scene! This is more than a building; it's a chance to own a piece of the local heritage. The home is a stone's throw from Washington Square Park, where green spaces provide a lovely escapade from the bustling city life. Walkability to local eateries, galleries, and venues means the future residents or renters will have the vibrant lifestyle of the Marigny at their doorstep, amplified by the soul of New Orleans. What's on offer isn’t just a home, but a ticket to a steady rental income in a neighborhood known for its high demand. The generous incentive of 100% financing is the cherry on top of this beignet, particularly with an additional $650 appraisal credit from a preferred lender. A fresh coat of paint? Perhaps. A smart investment? Absolutely. Whether you're a seasoned investor or looking to dip your toes into the rental property pool, this property promises to be a low-risk, high-reward treasure tapped with potential and wrapped in the romance of The Big Easy. So, don your Mardi Gras beads, scout out your favorite po' boy sandwich, and make a move before this opportunity dances away into the night.
A handful of blocks from musical Frenchmen and the vibrant French Quarter's shops and entertainment, this whimsical property has SIX 1BED/1BATH UNITS and is just steps from the N Rampart streetcar line. A plethora of architectural and historical features abound with exposed brick and beams, transoms and more. A mostly-complete renovation with a FOUR year old roof and colorful materials and finishes adds to the delight. A sprawling back porch and balcony, a deep lot, location in a low-risk X flood zone and a detached structure that could be renovated in future are just some of the many amenities. Come view this wonderful opportunity today!
MAJESTIC GREEK REVIVAL with a GRAND ADDRESS under the OAKS of ESPLANADE Nestled between Bourbon and Royal, this 1850’s three-bay, townhome-style property is just steps from the mystical world of the French Quarter. Secured behind iron gate and perimeter wall, this stately home offers off-street parking, a charming courtyard and luxurious Victorian-era interior features. The 1st-floor, 2 bedroom, 1.5 bath residence opens to a breathtaking dining and living area under exquisite antique French crystal chandeliers. Gallant interior columns and fireplace are sure to leave guests in awe. The 2nd-floor leaves room for multiple configurations with 3 bedrooms and 3 full baths. Utilize all 3 meters with separate upstairs units or keep as 1.
Investor's Special fully occupied 4-plex of efficiency apartments. Fully rented with over $2000/month rent. Long term tenants. Owner is liquidating portfolio of 4 and 6-plex housing units.
Nestled in the vibrant heart of the Marigny, this historic double offers endless possibilities for its next owner. With 3 spacious bedrooms and 2 bathrooms on each side, one half of the property is move-in ready, while the other side has been gutted, offering a blank canvas for your personal vision. Whether you choose to maintain the property as a double for investment income, a vacation rental, or as your own residence, the flexibility is unmatched. You could also transform it into a stunning single-family home, blending classic architectural charm with modern updates. Just blocks away from the lively French Quarter and the ever growing Bywater, this home offers the best of New Orleans living—an unbeatable location near world-class dining, music, and culture, all while nestled in the iconic, historic neighborhood of Marigny. Don’t miss the opportunity to own a piece of New Orleans history and create the home of your dreams.
Nestled in the vibrant heart of the Marigny, this historic double offers endless possibilities for its next owner. With 3 spacious bedrooms and 2 bathrooms on each side, one half of the property is move-in ready, while the other side has been gutted, offering a blank canvas for your personal vision. Whether you choose to maintain the property as a double for investment income, a vacation rental, or as your own residence, the flexibility is unmatched. You could also transform it into a stunning single-family home, blending classic architectural charm with modern updates. Just blocks away from the lively French Quarter and the ever growing Bywater, this home offers the best of New Orleans living—an unbeatable location near world-class dining, music, and culture, all while nestled in the iconic, historic neighborhood of Marigny. Don’t miss the opportunity to own a piece of New Orleans history and create the home of your dreams.
Location, Location, Location! Truly a stunning property boasting a collection of 5 beautifully renovated apartments. Nestled on a desirable tree lined block on the corner of Burgundy and Esplanade and across the street from Melrose Mansion and near the dog park! The property features a LARGE charming courtyard, and a front balcony offering views of the gorgeous oak-lined street. Renovated in 2020, the building exudes modern elegance while retaining its historic charm. With its prime location, these desirable apartments are easily rented, making this property a fantastic investment opportunity. Don't miss this chance to experience the best that the French Quarter has to offer at 936 Esplanade. Units 103, 201 and 202 are rented. The large owners unit (unit 102) is VACANT and ready for new owner to occupy or rent. Owners unit be utilized with attached Mother in law suite or additional rental! Rent total includes past rental amount and are approximate. The large primary unit/owners unit (unit 102) features 2 LARGE bedroom suites each with connecting bath, dressing room with an abundance of closets, 2.5 baths, enormous chef's kitchen, formal living and dining rooms spanning two stories with 1756 square feet of living space and can be combined with the rear unit for additional bedrooms. Historic fireplace mantels and tall ceilings. There are an additional four easily rentable one-bedroom and one-bath studio units within the building. Laundry on site. 4 electric meters and one water meter.. Units 103, 201 and 202 are stable tenants and each unit last rented within one week on the market! Unit 102 (large owners unit) and unit 101 (rear first floor mother in law unit) have just become available following the relocation of a long term tenant for a job out of state. Don't miss your chance to reside on the left side of the building while also benefiting from income generated by the other four rental units! 5 total units (101, 102, 103, 201 and 202).
Nestled in the heart of the French Quarter, this spectacularly renovated residence epitomizes the charm and vibrancy of New Orleans living. Situated on the most enchanting block of Dauphine Street, the property seamlessly blends historic allure with modern elegance. As you step inside, you're greeted by unique expansive open space designed for entertaining. High ceilings adorned with exquisite crown molding create an airy atmosphere, while natural light floods the living areas through large windows. The chef's kitchen is a true culinary delight, featuring top-of-the-line appliances, sleek countertops, and custom cabinetry. Whether you're hosting a soirée or preparing a quiet dinner, this kitchen caters to every culinary need. Step outside to discover your own huge private courtyard. The outdoor kitchen enhances the experience, allowing for effortless entertaining. The main house offers two spacious bedrooms, each with its own luxurious bath, providing a perfect retreat after a day of exploring the vibrant neighborhood. For guests, a charming two-bedroom, one-bath guest house offers privacy and comfort, making this residence an ideal setup for hosting friends and family. With its blend of sophistication and Southern charm, this French Quarter gem invites you to experience the best of New Orleans living.
Charming French Quarter Oasis: Historic 1832 Masonry Building with Guest House. Step into a piece of New Orleans history with this stunning 1832 masonry building, nestled in the heart of the vibrant French Quarter. This exceptional property boasts a unique blend of classic architecture and modern comfort, making it a true gem on Bourbon street. The main building features 3 renovated units with exquisite period details, including original hardwood floors, soaring ceilings, and large windows that fill the space with natural light. The updated kitchens and hotel-like bathrooms make each unit feel like its own private sanctuary. As you enter the exterior between the two buildings, you’ll be greeted by a breathtaking courtyard, adorned with lush greenery and enchanting wrought-iron furniture, perfect for tranquil mornings or evening cocktails. The courtyard serves as a private oasis, offering a serene escape from the energy of the city. In addition to the main residence, this property includes a charming two-story guest house, perfect for hosting visitors or potential rental income. The guest house features its own kitchen, living area, balcony, and private bath, ensuring comfort and privacy. Don’t miss your chance to own a slice of New Orleans history in this exceptional property. Whether you’re looking for a palatial private residence, a vacation home, or an investment opportunity, this French Quarter treasure offers endless possibilities in one of the city’s most sought-after locations. Experience the charm and vibrancy of life in the heart of the Crescent City!
UNBELIEVABLE VALUE - 3-unit multi-family Arts & Crafts TRIPLEX just around the corner from Snug Harbor - prime location in The Marigny, circa 1900. Units: 2028 - 2 BR, 1 Full Bath / 2030 & 2032 - 1 BR plus ofc, 1 Full Bath. Keep as is or convert w/ your imagination & innovation. This one invites your renovation to bring it back to all it can be. Create single dwelling, new multi-family, or airbnb. HUGE attic offers additional creativity options. Own a charming piece of New Orleans history. Zoning HMR-1. Enjoy all that this well respected neighborhood has to offer. Walk to coffee shops, Frenchmen St, and Crescent Park, Snug Harbor. Succession property. Selling AS IS - NEEDS WORK - outdated, laundries in separate sheds in bkyds, etc.
Treme Double For Sale in Treme. 2 bed and 1 bath on each side. One side has a 2nd floor bedroom. Located 2 blocks from St. Claude. Distressed property. Property is being sold "AS IS". Appliance left in the home will stay with the property but hold no cash value.
GOLDEN OPPORTUNITY TO PURCHASE IN HISTORICAL TREME. PROPERTY IS IN CLOSE PROXIMITY TO THE FRENCH QUARTERS, RESTUARANTS AND LIVE MUSIC. THE PROPERTY WAS A SINGLE FAMILY HOME THAT WAS CONVERTED TO A DOUBLE. BOASTING A TOTLL OF 5 BEDROOMS AND 4 FULL BATHS, HARD WOOD FLOORS THROUGHOUT, 4 BEAUTIFUL MOCK FIREPLACES, HIGH CEILINGS, 36 INCH CUSTOM WOOD CABINETS, GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES, SHUTTERS AND GORGEOUS REFINISHED STAIRS. FRESHLY PAINTED INTERIOR AND EXTERIOR. RELAX UNDER THE GAZEBO OR ON THE BEAUTIFUL FRONT PORCH. THE GATED OFF STREET PARKING IS AN ADDED BONUS! X FLOOD ZONE.
Come view this renovation opportunity and discover the potential of this classic 4-bedroom, 2-bathroom Creole cottage nestled in the heart of the vibrant New Marigny/7th Ward area. Although the property is gutted, it features two spacious units (each side offering 4 bedrooms and 2 bathrooms), this property is primed for a full renovation, providing endless possibilities for customization and restoration to its former glory. (Renovations have been started, like framing and roofing, some windows just not complete) Located in a neighborhood known for its historic charm and growing real estate market, this home is surrounded by strong resale and rental comparables, making it a fantastic investment for homeowners and developers alike. Whether you're looking to flip, create an income-generating property, or craft your dream home, the opportunities here are abundant. Situated in an area experiencing a revitalization surge, you'll enjoy the convenience of being near local restaurants, cafes, entertainment, and cultural landmarks, all while being just a short distance from the French Quarter. Don’t miss your chance to breathe new life into this hidden gem. With a little vision and effort, this Creole cottage could become a true showpiece in one of New Orleans' most exciting areas!
INTRODUCING 518 + 524 GOVERNOR NICHOLLS STREET: This is a phenomenal Historic French Quarter redevelopment opportunity with compelling tax credit potential! **Part 1 of the State tax credits is approved for both buildings** Beautiful 150+ year old brick buildings with a spacious carriageway & extraordinary COURTYARD. Priced $720K BELOW recently appraised value! These properties are located just off Decatur Street & back up to the Ursulines Convent (which allows for some incredible views of MS River & downtown NOLA skyline)! Situated on an excellent block that provides convenient access to many of the French Quarter’s world famous dining experiences, entertainment venues, Jackson Square, Frenchman Street & just 1 block from the Historic French Market. The improvements consist of 12 units on 2 separate parcels of record (518 + 524 Gov. Nicholls Street) Balconies on both the 2nd & 3rd floor units fronting Governor Nicholls St. as well as on the 2nd floor of the rear units overlooking the courtyard. Separately metered utilities. Further Details: - Listed below appraised value - Full set of completed architectural drawings (included w/ sale) - All VCC violations have been remedied - Exterior has been repaired including new operable louvered shutters - Beautiful architectural details throughout - Part 1 of the State Historic Renovation tax credits are approved - Construction estimate for complete renovation cost (inquire for details) **Depending on the Buyer/Developer: Commercial Historic Renovation Tax Credit potential could be a sizable portion of construction costs needed to renovate these buildings (25% State & 20% Federal)**
Behold! A rare 4 plex investment opportunity 3 blocks from the French Quarter in the heart of historic Tremé! This property consists of two 1 bedroom units downstairs in the front, a 2 bedroom unit upstairs and another 1 bedroom unit in the back of the building. Features include updated kitchens and baths in 3 of the 4 units, hardwood floors, a lush and shaded shared courtyard, central HVAC in all units and great natural light. Located a half block from the NORD Tremé Center and Armstrong Park and within a block of two cafes. Restaurants, retail shops and the Rampart streetcar line are all just a few blocks away. With multiple units providing income, this property will be a great addition to your investment portfolio, or live in one unit and the rental unit income can cover the majority of the monthly note.
Motivated Seller! Bring all offers!!! This unique duplex, full of potential, was recently made vacant, offering the new owner a variety of possibilities. The property features a 2-bedroom, 1-bath apartment in the front and a studio unit in the rear and is used as a rental by the current owner. Located in the desirable X flood zone, this charming property boasts a cozy front porch, an enclosed rear porch, and a large backyard— for relaxing or entertaining. Off-street parking adds convenience to this already appealing home. This property is an excellent opportunity for investors or owner-occupants to bring their vision to life. Whether you're seeking rental income or dreaming of transforming it into a 3-bedroom, 2-bath single-family home, the potential here is endless. With a better price and flexible options for the future, this property won’t stay available for long. Act quickly and seize the chance to make it your own! Offered as-is, with no repairs (WOR) or warranties provided by the seller. Inspections are welcomed for buyer informational purposes only.
This stunning two-bedroom duplex is a dream come true! With soaring ceilings, sleek quartz countertops, and stylish finishes throughout, this space is sure to impress. You'll love the convenience of off-street parking and the privacy of a fenced backyard. Centrally located. Minutes from the French quarter and Downtown New Orleans. One unit is occupied with a long term tenant, the second unit is furnished and will be vacant and ready for owner occupy by the end of September. X flood zone. Home is occupied, Do Not Disturb tenants. Call for property showings. Don't miss out on this incredible opportunity!
This multi-family shotgun home under a mile from the French Quarter, close to the Central Business District and other local attractions, is a great opportunity for a first-time buyer or an investment. It is available for purchase. Situated in the 7th ward, across Claiborne Avenue from the Treme area, it is encircled by cultural establishments. The Jazz Fest and Mardi Gras celebrations are just a short stroll from this home. There is a chance that it will become a single. Tenants occupy both sides of it completely. All set for a new owner to update it with a few extra features! Total rental income is $2100 from $1050 collected on each unit. House in preferred flood zone X and is available for 100% financing.
3-plex in the heart of the French Quarter, beautifully maintained. Live in one unit and let the other two pay your note..or lease all three for maximum income. Two of the units are currently under lease. Rear unit renovated a year ago. Attractive layouts with open-concept living spaces in the larger units along with sidehall access to all 3 bedrooms. Small private balconies in the rear for two larger units. Rear apartment is a comfortable studio-style apartment. Historic architectural details have been kept intact. In the quieter lower side of the Quarter but within easy walking distance of world-class restaurants, shops and attractions.
Open House:
Sunday, 11/17 12:00-2:00PM
This property, located just steps from the French Quarter at the corner of Governor Nicholls and North Villere, is a rare find. Beautifully renovated between 2021 and 2022, this home boasts meticulous attention to detail and high-end finishes throughout. The property is currently configured as two distinct units: a spacious 2-bedroom, 2.5-bath Owner’s unit (1503) and a charming 1-bedroom, 1.5-bath apartment (1501). The Owner’s unit features a stylish living area with a modern gas fireplace and a powder room adorned with a Fine Paints of Europe high gloss finish. The kitchen is a chef’s dream, offering ample cabinet space, marble countertops, high-end appliances, a gas cooktop, and a double oven/microwave. It opens into a large den/sitting area with custom French doors that lead to a porch and a serene outdoor space. The upstairs primary suite includes a spacious bedroom, a luxurious bath with an oversized shower, and a walk-in closet equipped with a washer/dryer and extensive storage. An additional upstairs bedroom is filled with natural light and features a French door leading to a balcony. Unit 1501, with its open floor plan, also enjoys abundant natural light. The kitchen, equipped with quartz countertops and a powder room are located downstairs, along with ample storage under the stairs. The upstairs bedroom, full bath, and laundry area lead to a front-facing balcony. Unit 1501 is currently leased for $1600 a month until May 2025. The comprehensive renovation included updates to the plumbing, wiring, HVAC, doors, windows, flooring, appliances, insulation, and roof, making the property extremely energy-efficient with super low power bills. Great “Lock and Go” property with fresh renovation and exterior that is easy to maintain. Located in Flood Zone X, the property offers off-street parking for one car. Custom shades and blinds are installed throughout, and the home is move-in ready.
Here's your chance to own a piece of Historic Treme, where hardwood floors and picture molding evoke the charm of old New Orleans. Each side features three bedrooms and one bath, along with an inviting eat-in kitchen and a covered, screened in porch for cozy gatherings. Enjoy the convenience of driveways on both sides, providing ample off-street parking—a rare find in the neighborhood. At the rear of the property, discover a large laundry room and storage space, adding practicality to historic charm. Come restore this historic home and experience Treme living at its finest. Roof was replaced in 2021. This property has never flooded! With a little TLC and paint this home will be a gem! Some interior pictures have been digitally painted and staged to show just how far a little bit of paint and elbow grease will change the entire look of this home.
The median home value in New Orleans, LA is $256,000. This is lower 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 $256,000. 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 70116 has a population of 383,974. New Orleans 70116 is less family-centric than the surrounding county with 18.56% 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 70116 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 70116 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.