$1,300,000

Estimated payment $8,018/month

Total Views 3,148
8 Beds
6 Baths
5,275 Sq Ft
$246 Price per Sq Ft

Highlights

  • Corner Lot
  • Balcony
  • Closed Circuit Camera
  • Cottage
  • Courtyard
  • 2-minute walk to Markey Park

About This Home

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. May be sold as a package along with 725-27 Desire, and 728 Desire which are also listed for sale.

Listing Agent

Phillipa Bowers

REVE, REALTORS License #995703036 Listed on: 03/02/2025

REVE, REALTORS

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,056

Year Built

  • Built in 2019

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 60 x 100
  • Fenced
  • Corner Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 5,275 Sq Ft Home
  • Property has 2 Levels
  • Closed Circuit Camera
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Balcony
  • Courtyard

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 39W107901

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,056

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1377
  • Lot Size: 60 x 100
  • Architectural Style: Cottage, Creole
  • Entry Level: 1
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2019
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 8
  • Living Area: 5275.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Exterior Features: Balcony, Courtyard, Fence
  • Foundation Details: Raised, Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Very Good Condition
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Laundry Features: In Unit
  • Security: Closed Circuit Camera(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 39W107901
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 6

Map

Range of Values:

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Average Value
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Sold Price
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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 $10,056 $76,190 $18,000 $58,190
2024 $10,209 $76,190 $18,000 $58,190
2023 $7,230 $53,450 $12,000 $41,450
2022 $7,230 $51,380 $12,000 $39,380
2021 $7,230 $53,450 $12,000 $41,450
2020 $7,771 $53,450 $12,000 $41,450
2019 $7,840 $51,890 $12,000 $39,890
2018 $7,995 $51,890 $12,000 $39,890
2017 $7,944 $54,000 $12,000 $42,000
2016 $8,196 $54,000 $12,000 $42,000
2015 $8,028 $54,000 $4,800 $49,200
2014 -- $54,000 $4,800 $49,200
2013 -- $54,000 $4,800 $49,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2025 03/02/25 For Sale $1,300,000 +57.6% $246 / Sq Ft
09/14/2017 09/14/17 Sold -- -- --
08/15/2017 08/15/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $825,000 -- $173 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $765,000 Crescent Title Llc
Deed -- None Available
Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 No Value Available
Source: Public Records

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Source: ROAM MLS

MLS Number: 2488068

APN: 3-9W-1-079-01