$499,000
$70K PRICE DROP

639 Independence St New Orleans, LA 70117

Bywater Neighborhood

Estimated payment $3,194/month

Total Views 3,760
9 Beds
6.5 Baths
3,700 Sq Ft
$135 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • Rectangular Lot
  • 3-minute walk to Markey Park
  • Garage
  • Window Unit Heating System

About This Home

Prime Investment Opportunity in the Heart of Bywater.
This value-add fourplex is conveniently located within walking distance to Crescent Park, Pizza Delicious, and Bywater Bakery.
The property features a spacious shared courtyard and a garage. One of the units boasts hardwood floors and three bathrooms!
Unit 639B is currently vacant and is being offered for $1,100 2 bed/ 1 bath
This property could be an excellent owner-occupant opportunity.

Listing Agent

Axel Oestreicher

Crescent Sotheby's International License #995704983 Listed on: 11/08/2024

Crescent Sotheby's International

Co-Listing Agent

Michael Bain

Crescent Sotheby's International License #000057496

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 39x95
  • Rectangular Lot
  • Property is in average condition

Parking

  • Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,700 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 9 Bedrooms

Location

  • Outside City Limits

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,256

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 39x95
  • Co List Office Mls Id: DBSI01
  • Co List Office Phone: (504) 944-3605
  • Architectural Style: Other
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • Year Built: 1914
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Living Area: 3700.0

Exterior Features

  • Lot Features: Outside City Limits, Rectangular Lot
  • Construction Type: Stucco, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Average Condition
  • Roof: Shingle

Garage/Parking

  • Parking Features: Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 12

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $5,256 $39,820 $11,120 $28,700
2024 $5,335 $39,820 $11,120 $28,700
2023 $5,469 $40,530 $7,410 $33,120
2022 $5,469 $38,870 $7,410 $31,460
2021 $5,834 $40,530 $7,410 $33,120
2020 $5,892 $40,530 $7,410 $33,120
2019 $5,945 $39,350 $7,410 $31,940
2018 $6,063 $39,350 $7,410 $31,940
2017 $5,870 $39,900 $7,410 $32,490
2016 $6,056 $39,900 $7,410 $32,490
2015 $5,932 $39,900 $2,960 $36,940
2014 -- $30,150 $2,960 $27,190
2013 -- $30,150 $2,960 $27,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $499,000 -12.3% $135 / Sq Ft
11/08/2024 11/08/24 For Sale $569,000 +30.8% $154 / Sq Ft
06/25/2014 06/25/14 Sold -- -- --
05/26/2014 05/26/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $435,000 -- $118 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 --
Warranty Deed $235,000 --
Warranty Deed $232,000 --
Source: Public Records

Similar Homes in New Orleans, LA

  • 1216 22 France St, New Orleans, LA 70117

    $495,000

    • 8 Beds
    • 4 Baths
    • 3,150 Sq Ft
    • 1216 22 France St
    • New Orleans, LA

    Great opportunity to own a fully occupied, 4-unit apartment building in the heart of the city. Each unit consists of 2 bedrooms and 1 bath in each unit with laundry hook-up. All units are currently rented, generating over $4,600/month in gross rental income with long-term tenants in place. Stable cash flow!

    Patrice Poree Paidyn Realty

    Section Image
  • 2625 Ursulines Ave, New Orleans, LA 70119

    $600,000

    • 7 Beds
    • 4 Baths
    • 2,678 Sq Ft
    • 2625 Ursulines Ave
    • New Orleans, LA

    Newly renovated and full of potential, 2625 Ursulines Avenue is a versatile multi-family property located in the vibrant Treme neighborhood—just moments from the French Quarter, City Park, and I-10. This spacious double features two thoughtfully updated units and offers the rare opportunity for triplex conversion—ideal for owner-occupants, investors, or multi-generational

    Doris Lumpkin eXp Realty, LLC

    Section Image
  • 1016 Independence St, New Orleans, LA 70117

    $475,000

    • 7 Beds
    • 5 Baths
    • 875 Sq Ft
    • 1016 Independence St
    • New Orleans, LA

    Stop by to view this triplex located just off of St. Claude in proximity to everything New Orleans has to offer. Walk to local bars, eateries and historic sites. Call Kai for a showing today (504)905-9799

    KAI LYMON Royale Ruby Realty DBA All About Real Estate LLC

    Section Image
  • 4104 06 Saint Claude Ave, New Orleans, LA 70117

    $419,900

    • 8 Beds
    • 4 Baths
    • 3,615 Sq Ft
    • 4104 06 Saint Claude Ave
    • New Orleans, LA

    Zoned HMC-2, Historic Marigny/Tremé/Bywater Commercial District! Located on the iconic Saint Claude Ave in the historic Bywater, this charming 4plex encapsulates the city's rich heritage. Formerly housing two bustling commercial shops on the ground floor and two cozy residential units above, this property weaves together past and present. The downstairs unit, a canvas of possibilities, awaits

    Trey Miley 1 Percent Lists Legacy

    Section Image
  • 1630 Saint Roch Ave, New Orleans, LA 70117

    $515,000

    • 8 Beds
    • 4 Baths
    • 3,068 Sq Ft
    • 1630 Saint Roch Ave
    • New Orleans, LA

    Stunning double just minutes from the French Quarter! Each spacious unit offers 4 bedrooms and 2 bathrooms, with no shared walls. Gated off-street parking, Flood Zone X.Bright and airy upstairs unit with bamboo floors, historic character, and a spacious raised porch. Currently generating $6,700 per month in rental income, this property is an exceptional investment or ideal for an

    Sarah Vuljoin LATTER & BLUM (LATT28)

    Section Image
  • 10 Saint Claude Ct, New Orleans, LA 70117

    $598,000

    • 8 Beds
    • 4 Baths
    • 5,196 Sq Ft
    • 10 Saint Claude Ct
    • New Orleans, LA

    This is a unique opportunity to acquire properties on two lots that can be purchased as a complex. These homes have been well maintained and are ready to income generate. These properties can be financed together. Large bedrooms, Living areas and grand rooms. The porch is grand and quite lovely to sit outside and/ or entertain. Just overall beautiful property and very well maintained homes.

    TIFFANY TUCKER KELLER WILLIAMS REALTY 455-0100

    Section Image
  • 26 Saint Claude Ct, New Orleans, LA 70117

    $599,000

    • 9 Beds
    • 5 Baths
    • 4,186 Sq Ft
    • 26 Saint Claude Ct
    • New Orleans, LA

    Great Investment Property, Four units in main building 2 bed 1 bath each. I unit above garage 1 bed 1 bath. House is currently being operated as a legal Airbnb, annual income for last year was $137k. Fortified Roof installed this year, 2025. Beautiful inside a must see! Owner/Agent

    Joe Hermo Investors' Realty

    Section Image
  • 1101 Verret St, New Orleans, LA 70114

    $480,000

    • 8 Beds
    • 8 Baths
    • 5,200 Sq Ft
    • 1101 Verret St
    • New Orleans, LA

    Discover a rare investment opportunity in the heart of historic Algiers Point! This unique 7-unit multifamily property spans from 1101 to 1115 Verret Street and offers a strong income-producing portfolio in one of New Orleans’ most charming and walkable neighborhoods.Each unit features classic New Orleans architectural details, the 2 Bedroom has partial vaulted ceiling, and spacious

    Elaine Darensburg Duhon Realty LLC

    Section Image
  • 1216 18 Gordon St, New Orleans, LA 70117

    $388,900

    • 8 Beds
    • 6 Baths
    • 3,466 Sq Ft
    • 1216 18 Gordon St
    • New Orleans, LA

    Discover this pristine duplex, for both investors and owner-occupants seeking a fantastic opportunity. Each unit features 4 spacious bedrooms and 2.5 modern bathrooms, complete with stainless steel appliances and easy-to-maintain flooring throughout. With both units being less than 3 years old, you can expect minimal maintenance for years to come. The upper unit is currently rented, providing

    Ronald Ward Ronald Ward Real Estate

    Section Image
See All Homes in New Orleans

Source: ROAM MLS

MLS Number: 2474627

APN: 3-9W-1-059-11

Louisiana Orleans Parish New Orleans 70117 Bywater

639 Independence St, New Orleans, LA

This home is located at 639 Independence St, New Orleans, LA 70117 and is currently priced at $499,000, approximately $134 per square foot. This property was built in 1914. 639 Independence St is a home located in Orleans Parish with nearby schools including Dr. Martin Luther King Charter School for Science Tech, Mary Bethune Elementary School, and KIPP Leadership Primary.

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.

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.

Nearby Homes
Listing Agent
Axel Oestreicher
Section Image
Crescent Sotheby's International
(504) 438-4735