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Mark Hingle

newhomenola@gmail.com +1(504) 982-5237

$1,250,000

Est. payment - /mo

8 Beds

7 Baths

3,676 SqFt

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,676 sqft

Price per Sqft $340

MLS Listing ID 2572908

Style Victorian

Bedrooms 8

Full Baths 7

Construction Status Very Good Condition

HOA Y/N No

Year Built 1920

Property Sub-Type Apartment

Property Description

Ideally situated in New Orleans' highly coveted Garden District, this exceptional seven-unit multifamily property offers a rare opportunity to own a beautifully renovated income-producing asset in one of the city's most desirable neighborhoods. Located within walking distance of Magazine Street, Prytania Street, and St. Charles Avenue, the property places residents in the heart of the Garden District lifestyle, surrounded by acclaimed restaurants, boutique shopping, historic architecture, and convenient access to the city's iconic streetcar line.

The property underwent a comprehensive renovation in 2019, thoughtfully preserving its historic character while introducing modern conveniences and updated finishes throughout. Set on an impressive 36' x 159' lot, the property features an unusually deep lot with a generous rear yard—an uncommon and valuable amenity in this highly sought-after area.

The seven residences offer a versatile mix of studio, one-bedroom, and two-bedroom floor plans, providing flexibility for a variety of rental demands. Each unit features a kitchen equipped with stainless steel appliances, including a refrigerator, dishwasher, range/oven, and microwave. All units are equipped with central air conditioning, while in-unit laundry is provided throughout, with the exception of the two studio apartments, which share a conveniently located washer and dryer on the first floor beneath the staircase.

From an operational standpoint, the property offers attractive utility separation, with electricity and water separately metered for each unit, helping streamline management and expense allocation.

Combining historic New Orleans character, thoughtful renovation, a desirable unit mix, separate utilities, and an exceptional Garden District location, this property presents a compelling opportunity for investors seeking a well-positioned multifamily asset with enduring neighborhood appeal.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Balcony

Parking Features None

Pool None

Water Access Desc Public

Roof Type Asphalt

Porch Balcony

Building

Lot Description City Lot, Oversized Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 1418-JosephineST

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)

Listed by Valmont Realtors

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1418 20 JOSEPHINE ST New Orleans, LA 70130