$1,300,000
Active
8
Beds
6
Baths
5,275
SqFt
2019
Built
Back on the market! Great opportunity to purchase a unique multi-family asset with high occupancy in the Bywater Neighborhood in New Orleans. The improvements consist of 3 well maintained buildings with a total of 6 apartments. The buildings were gutted and remodeled in 2019, and have stabilized, in-place cash flow. The locations and their proximity to the French Quarter, Marigny, and CBD, and the direct proximity to multiple retailers, schools and places of work provide stability and rent appreciation. Zoning is HMR3. To be sold as a package along with 725-27 Desire St. which is also listed for sale (MLS No. 2488070).
MORTGAGE CALCULATOR
$6,574
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$1,300,000
Bedrooms8
Full Baths6
Half Baths0
Inside Area (SqFt)5,275 sqft
Lot Size0.1377 Acres
Year Built2019
MLS® Number2488068
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
GENERAL
Acres0.1377
Cross StreetDesire, Royal, Gallier
FoundationRaised, Slab
LevelsTwo
ParkingOff Street
Property Sub TypeApartment
SecurityClosed Circuit Camera(s)
SewerPublic Sewer
StyleCottage, Creole
Water SourcePublic
INTERIOR
CoolingCentral Air
HeatingCentral
Laundry FeaturesIn Unit
EXTERIOR
Construction DetailsBrick, Wood Siding
ExteriorBalcony, Courtyard
Lot FeaturesCorner Lot, City Lot
Pool FeaturesNone
RoofAsphalt
RECENT ACTIVITY
March 2, 2025Active
Listing courtesy of REVE, REALTORS
Listing courtesy of REVE, REALTORS
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.
Comps
Limited comparable sales data available in this area.
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