$1,299,000
Active

1117-19 BOURBON Street

New Orleans, LA 70116
Browse more homes in New Orleans, LA
7
Beds
6
Baths
3,753
SqFt
1718
Built
Rare investment opportunity to own an impeccably preserved piece of New Orleans history with massive financial versatility. Located in the quiet, coveted residential section of the vibrant French Quarter, this remarkable 6-unit multifamily property traces its origins back to 1718. As a testament to its enduring structural legacy, the estate famously survived both the Great New Orleans Fire of 1788 and 1794. The striking exterior boasts a highly coveted, architecturally significant Green rating with the Vieux Carré Commission, signifying its prime historical value. While the façade celebrates centuries of heritage, the interior offers absolute modern luxury. The building was completely gutted to the studs and meticulously renovate in 2016, outfitting every unit with designer finishes, premium quartz countertops, rich hardwood flooring, and modern appliances. Providing maximum tenant comfort, every single apartment features a full-sized kitchen and a private laundry. Beyond the private residences lies an enchanting outdoor sanctuary. Tenants enjoy access to a large shared brick courtyard, manicured landscaping and a tranquil water fountain. It serves as the ultimate French Quarter escape to relax, entertain, and take in the city's breathtaking evening sunsets painted in peach and lilac Endless Value-Add & Exit Strategies. This unique property caters to multiple high-yield real estate strategies: The Premier Owner-Occupant: Live luxuriously in the second-floor loft with its private balcony, while five separate streams of high-end passive rental income completely offset your expenses. The Condo-Conversion Play: With high tenant demand for premium finished units, the building presents an exceptional opportunity to split the asset into individual luxury condominiums for an immediate, highly profitable exit strategy. The Long-Term Portfolio Anchor: As a turnkey, low-maintenance asset generating premium market rents in a globally recognized historic destination. .
1117-19 BOURBON Street
MORTGAGE CALCULATOR
$6,568
Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$1,299,000
Bedrooms7
Full Baths6
Half Baths0
Inside Area (SqFt)3,753 sqft
Lot SizeN/A
Year Built1718
MLS® NumberN/A
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A

Listing courtesy of Jon Huffman Real Estate

Comps

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Based on $452/sqft in this area
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