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$ 1,050,000
Est. payment /mo
Active
1328 ESPLANADE AVE New Orleans, LA 70116
3,579 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,579 sqft
Price per Sqft $293
MLS Listing ID 2511180
HOA Y/N No
Year Built 1854
Property Description
This historic 4-plex offers a rare combination of rental potential, prime location, and owner-occupant flexibility in one of New Orleans' most desirable historic corridors, just 3 blocks from the French Quarter. Each unit has its own private entry and outdoor space, and the current layout supports multiple configurations, including a high-performing short-term rental strategy. The beautifully preserved 1850s property features soaring ceilings with ornate medallions, exposed brick walls, hardwood floors, and floor-to-ceiling windows that showcase its architectural elegance.
The front owner-occupied unit (Unit A) spans the lower and upper front floors, offering two bedrooms, updated kitchens, and outdoor spaces including a covered porch and a second-floor balcony overlooking Esplanade Avenue. Unit B is a licensed Airbnb with Superhost status and 5-star reviews, featuring a private balcony overlooking the courtyard and a proven short-term rental track record. Unit C is rented month-to-month by a long-term tenant. Unit D, a rear Creole cottage in its own separate building within the courtyard, features grand ceilings and a spacious bathroom, ideal for 30-day or long-term rental.
Separate gas and electric meters and a shared laundry facility add practical appeal. With its combination of owner-occupied space, rental units, and a detached cottage, this property offers both convenience and versatility. Don't miss the chance to own a piece of New Orleans history.
The front owner-occupied unit (Unit A) spans the lower and upper front floors, offering two bedrooms, updated kitchens, and outdoor spaces including a covered porch and a second-floor balcony overlooking Esplanade Avenue. Unit B is a licensed Airbnb with Superhost status and 5-star reviews, featuring a private balcony overlooking the courtyard and a proven short-term rental track record. Unit C is rented month-to-month by a long-term tenant. Unit D, a rear Creole cottage in its own separate building within the courtyard, features grand ceilings and a spacious bathroom, ideal for 30-day or long-term rental.
Separate gas and electric meters and a shared laundry facility add practical appeal. With its combination of owner-occupied space, rental units, and a detached cottage, this property offers both convenience and versatility. Don't miss the chance to own a piece of New Orleans history.
Location
State LA
County Orleans
Zoning HMR-2
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Other
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 1328-esplanadeav
Acceptable Financing Bond For Deed, Owner May Carry
Listing Terms Bond For Deed, Owner May Carry
Special Listing Condition None
Listed by KELLER WILLIAMS REALTY 455-0100
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