$2,750,000

315 Decatur St New Orleans, LA 70130

French Quarter Neighborhood

Estimated payment $17,816/month

Total Views 11,497
10 Beds
10 Baths
8,800 Sq Ft
$312 Price per Sq Ft

Highlights

  • In Ground Pool
  • 3-minute walk to Bienville Street Station
  • Central Heating and Cooling System
  • Balcony
  • Courtyard
  • 2-minute walk to Jean Lafitte National Historical Park and Preserve

About This Home

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.

Listing Agent

Andrew Grafe

FQR Realtors License #NOM:995682122 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,003

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 21x153
  • Property is in excellent condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 8,800 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Outdoor Features

  • In Ground Pool
  • Balcony
  • Courtyard

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 6 Units
  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 315-DECATURST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,003

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Commercial/Residential Combo
  • Style: Other
  • Condition: Excellent
  • ADA Features: No
  • Lp Amt Sq Ft: 312.50
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 4.00000
  • Unit Level: 1
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 2016

Interior Features

  • Estimated Living Area: 8800
  • Total Sq Ft: 8800

Exterior Features

  • Pool Type: Inground
  • Exterior: Brick, Stucco
  • ExteriorFeatures: Balcony, Courtyard
  • Foundation: Other
  • Roof Type: Flat, Rolled

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 21x153
  • Parcel #: 315-DECATURST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 10
  • Total Full Baths All Units: 9
  • Total Half Baths All Units: 1
  • Total Rent All Units: 19650
  • Total Units: 6
  • Unit Count: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,003 $234,890 $22,640 $212,250
2024 $38,422 $286,750 $22,640 $264,110
2023 $40,229 $296,870 $22,640 $274,230
2022 $40,229 $285,900 $22,640 $263,260
2021 $38,292 $266,010 $22,640 $243,370
2020 $40,501 $278,590 $22,640 $255,950
2019 $37,200 $246,230 $22,640 $223,590
2018 $35,532 $230,610 $22,640 $207,970
2017 $33,986 $231,010 $19,400 $211,610
2016 $35,063 $231,010 $19,400 $211,610
2015 $7,618 $51,240 $19,400 $31,840
2014 -- $61,850 $19,400 $42,450
2013 -- $69,920 $19,400 $50,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $2,750,000 +19.6% $313 / Sq Ft
04/02/2015 04/02/15 Sold -- -- --
03/11/2015 03/11/15 For Sale $2,300,000 -- $261 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,075,000 --
Source: Public Records

Source: Gulf South Real Estate Information Network

MLS Number: 2506631

Gulf South Real Estate Information Network

APN: 2-06-1-017-03

Louisiana Orleans Parish New Orleans 70130 French Quarter

315 Decatur St, New Orleans, LA

This home is located at 315 Decatur St, New Orleans, LA 70130 and is currently priced at $2,750,000, approximately $312 per square foot. This property was built in 2016. 315 Decatur St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Mary Bethune Elementary School, and Homer A. Plessy Treme Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Andrew Grafe
Listing Agent
Andrew Grafe
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FQR Realtors
(504) 702-6993