Charming investment double in the heart of New Orleans's historic Esplanade Ridge neighborhood, known for its stunning architecture, lush greenery, and vibrant cultural scene. This historic duplex is ideal for long-term tenants, with a nice mix of architectural features and modern amenities in both units. Walk to Jazz Fest, bike to City Park, and take a short drive to the French Quarter. Each side of the duplex welcomes you with an inviting atmosphere. The interior spaces are thoughtfully designed with two independent bedrooms and a central fully bathroom to maximize comfort and functionality. Inside features high ceilings, hardwood floors, and plenty of natural light streaming through large windows. The living areas are great for entertaining or relaxing, with a side hall shotgun layout that provides privacy for roommates or offers quiet work from home spaces. Outside, a small backyard and deck that offers a tranquil oasis where residents can gather for al fresco dining, cocktail parties, or simply to soak in the sights and sounds of the neighborhood. In addition to its undeniable charm, this investment property is a savvy financial opportunity, with each side generating steady income through long-term leases. Its prime location in Esplanade Ridge ensures strong demand from tourists and locals alike, making it a wise investment. Overall, this investment property embodies the quintessential New Orleans charm, offering a blend of historic elegance and income-producing potential that is sure to appeal to discerning buyers and renters alike.
Calling all investors! Fully gutted and ready TREME PROPERTY to be Renovated & Restored!! Restore this home as originally built - Two 2 bedroom units or convert to a single-family home. Price reflects the property condition & the seller will NOT make any repairs and will need approximately 30 days after sale to remove all stored renovation materials from property. Seller willing to negotiate sale price for "renovation materials" to prospective purchaser.
Live in a French Quarter gem! Seize this rare opportunity to own a historic New Orleans French Quarter double. Each side of the house features 2 bedrooms and 2 full bathrooms (total of 4 bed/4 bath) with hardwood floors throughout, tall ceilings, sweeping staircases, and the aesthetic charm of the Vieux Carré. This property can be enjoyed as a single family dwelling, made available to tenants on both sides, or reconstituted as condos. Recent property enhancements include a new HVAC system valued at $20,000 (installed in 2019) and a drinking water filtration system (installed in 2021). In addition to a newly-replaced metal back roof, the majority of the exterior house siding has been replaced and repainted. Interior enhancements include: remodeled kitchens with refurbished hardwood floors; recessed lighting; fans; and updated appliances. Outside, there is a stunning back courtyard perfect for entertaining guests or enjoying the vibrant surroundings of the French Quarter. Step out the front door and to your immediate left you'll see the lit-up arches of Armstrong Park, to your right you'll be facing Jackson Square and Café Du Monde blocks away. This is an ideal spot for all festivals and events including French Quarter Fest, Jazz Fest, Essence Fest, Southern Decadence, Treme Creole Gumbo Fest, Satchmo Summerfest, Mardi Gras, St. Patrick's Day, and the various weekly music and cultural events that take place in Armstrong Park. Don't miss out on this rare opportunity to own this delightful and versatile property in one of New Orleans' most iconic neighborhoods. Schedule your viewing today and make this your dream come true. 1st Showing will be on Sat., 4/20/24
Great opportunity to renovate a historic Treme townhouse. Large property on a huge lot. Some original historic architectural features still in place. Great location, just blocks away from the Historic French Quarter. Eligible for both Federal and State Historic Tax Credits.
LOCATION, LOCATION, LOCATION! Home Owners and Investors are welcome to this idyllic property in the Historic Treme Neighborhood. You can too live in a piece of history only blocks away from the French Quarter, Esplanade, Louis Armstrong Park, and the interstate. Imagine relaxing on your porch and enjoying an impromptu parade down your street encouraging you to join in and meet your entire neighborhood! This History and Culture of New Orleans will never be too far from you in this picturesque Creole property. The Upper unit on boasts 4 bedrooms and 2 baths with original hardwood floors, brick chimney accents, washer dryer hookups, walk in closets, and a porch that you'll never want to leave! The lower unit on the left is a 2 bed 1 bath space that's warm, inviting, and fully furnished! The lower unit on the right is currently gutted, has utilities ran, and ready for renovations! It could be turned into a 3rd unit, add sqft to your primary unit, or remain used as storage space. Investors and homeowners are welcome to this classic and character filled cash flowing home!
Own the entire building! Three condos for the price of one--a three story 1830’s American Townhouse, originally designed as a single-family residence but currently sub-divided into three condos; to be sold as a package. The residence is eligible for up to “45% in Historic Tax Credits” to renovate this classic building (exposed brick, cypress floors, 13ft ceilings and two fireplaces per story) to one’s specific desires for pennies on the dollar. Keep one and rent two? Keep one and sell the other two? Combine two and rent the third? Gather a couple friends and each purchase a unit and design the perfect French Quarter getaway? Located on Mardi Gras parades route of “Barkus” the condos are ideal for entertaining in a friendly residential neighborhood, a short walk to Bourbon St and a block from Armstrong Park and the Rampart streetcar. The building is sold “as is” and is one of two separate structures on the lot. As the seller owns both buildings, it allows for few shared costs between buildings and most notably “no condo fees”.
Built in 2020 - custom duplex home with off street parking. Each spacious unit is 3bed/2bath, fabulous income potential! Get the charm of New Orleans without the hassle of an old home! Quick access to Downtown & the French Quarter, as well as the Medical District! Upper unit has vaulted ceiling and two balconies. Both units have beautiful hardwood floors, meticulously designed kitchens and bathrooms, and a nice size fenced backyard!
New stunning camelback property in NOLA with 2 separate living spaces is currently under construction. Each unit has 3 beds, modern finishes, pre-engineered wood floors, granite countertops, stainless appliances and private laundry. Charming front porch and backyard. In a desirable location with easy access to shopping, dining, and entertainment. Contact us for a showing! Live on one side and rent the other or use this beauty as an investment property.
This raised double has hard wood floors, high ceilings, many remaining architectural details, parking and bonus space below! The property fronts on a beautify median and is located in the vicinity of many popular restaurants, music venues, bars and the historic mint on Decatur!
Experience the epitome of elegance and thoughtful design in this beautifully renovated duplex, nestled within the HISTORIC TREME neighborhood of New Orleans! Owner's unit features 3 generously sized bedrooms and 2 FULL bathrooms with a spacious primary closet, large granite island in kitchen, and stylish, designer choices throughout. Both units are new renovations, and include BRAND-NEW, stainless-steel appliances, stone counters, new cabinets, fresh paint, and more. Enjoy the comfort of a fresh, new renovation AND the preserved charm of these New Orleans mantles, transoms, and even, a large, front porch. The second unit, featuring 1 bedroom and 1 bath, is thoughtfully designed with separate entrances in the front and on the side, offering flexibility for occupants or potential renters. This versatile property presents a prime opportunity for your investment portfolio, where you can capitalize on the allure of New Orleans' rich cultural heritage. Consider for your investment portfolio or live on one side and rent the other to help pay your mortgage. Conveniently located near the French Quarter and so many of the landmarks that make New Orleans so famously rich in culture. BONUS: Located in desirable "X" flood zone for low cost flood insurance. Don't miss the chance to make this unique property your very own!
Impeccably renovated, full -occupied, high rent apartment building in excellent residential area of New Orleans' French Quarter. Around the corner from Port of Call, and the iconic Esplanade Corridor and directly adjacent to Cabrini Park. Beautifully appointed courtyard with rear detached unit in separate building. Building is professionally managed, fully sprinklered and includes top of the line finishes and fine architectural design elements, including one of the profound examples of a truly stately French Quarter Mansard Roof. This legacy asset is well positioned for low risk, long -term rental and value appreciation. Seller open to accommodative seller financing terms.
Built in 1827, This is one of the five buildings with entresol levels constructed for Louis McCarthy and designed by the French Architect, Louis H. Pilie. Adjoined to the rear of the Lower Pontalba, often cited as the oldest apartment buildings in the country, 522 Madison is located at the center of the Historical French Quarter and just a few minutesâ walk to St. Louis Cathedral, Cafe Du Monde and numerous restaurants, bars, and museums. Located in the National Register District of the French Quarter, 522 Madison is eligible for National Registry Status. 522 Madison is an excellent opportunity for re-development utilizing State and Federal Historic Tax Credits or condominium conversion. Consisting of 10 1bd/1ba units, elevator, and laundry room, spread across two buildings that are separated by a common area courtyard; three (3) of the leases are currently month to month. The property also features a penthouse on the top level with exceptional rooftop views of the Mississippi River, the New Orleans skyline, and the vibrant French Quarter. Currently vacant, it is ready to be used as the new owner's personal retreat or as a unique draw for a potential tenant. Rents are currently below market creating an excellent opportunity for immediate value-add. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click âOffering Memorandumâ below. From there, youâll be redirected to our website, able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you donât already have an account, you can create one for free.***
Fantastic opportunity to live a block from Jackson Square. Creole Porte Cochere Townhouse with Creole outbuilding tucked into a quiet block, this 4-unit building humbly stands. 1st level has 14' ceilings and huge doors opening onto Madison St, 2nd level has 2 bedrooms and huge balcony overlooking the cityscape. 3rd level is neat as a pin and is studio style living. Rear unit is 2 levels, living & kitchen below, bedroom & bath above, with balcony over courtyard. Make this place into you dream palace!
Premium Commercial/Residential property centrally located on one of the best blocks of Royal Street in the French Quarter. New Orleans culture has never been more alive at any other property! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income ~$225,600/year across all units ($18,800/month). With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place. First time on the market in over 70 years! Don’t miss your chance to own a piece of rare history in the New Orleans French Quarter.
The median home value in New Orleans, LA is $186,000. This is higher than the county median home value of $177,700. The national median home value is $219,700. The average price of homes sold in New Orleans, LA is $186,000. Approximately 38.04% of New Orleans homes are owned, compared to 42.79% rented, while 19.17% 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 388,182. New Orleans 70116 is less family-centric than the surrounding county with 18.89% of the households containing married families with children. The county average for households married with children is 20.48%.
The median household income in New Orleans, Louisiana 70116 is $38,721. The median household income for the surrounding county is $38,721 compared to the national median of $57,652. The median age of people living in New Orleans 70116 is 35.9 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 44.9 degrees. The average rainfall is approximately 62.8 inches per year, with 0 inches of snow per year.