1015 Saint Louis St, New Orleans, LA 70112

$599,000
3
BD
4
BA
2,160
SqFt

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List Price
$599,000
MLS#
2581669
Status
ACTIVE
Type
Multifamily
Style
Traditional
Bedrooms
3
Bathrooms
4
Half-baths
1
Living Area
2,160
Parish
Orleans

Property Description

Income-Producing French Quarter Triplex! Built in 1840, this historic French Quarter triplex offers classic New Orleans character paired with exceptional investment potential. Located in the heart of the Vieux Carré, the property is just steps from the Rampart Street streetcar line and within easy reach of celebrated restaurants, galleries, live music, and nightlife.<br><br>Whether you're looking for a strong income-producing asset or a unique owner-occupant opportunity, this property offers flexibility to live in one unit while generating rental income from the others, or lease all three for maximum return.<br><br>First Floor:The spacious main apartment features soaring ceilings, exposed brick, and abundant natural light throughout. An open kitchen and living area create an inviting space for entertaining, while French doors open to a shared courtyard, perfect for relaxing or gathering with guests.<br><br>Second Floor:Upstairs are two distinct units. The front apartment is a charming one-bedroom overlooking the lively street below, full of character and warmth. At the rear, a private studio offers a quieter retreat and great for guests or maintained as a rental.<br><br>Investment Opportunity:Occupy the generous first-floor residence and offset expenses by leasing the two upper units, or rent all three apartments to take advantage of the property's income potential in one of New Orleans’ most sought-after neighborhoods.<br><br>Recent improvements include a 2023 roof, adding long-term value and peace of mind. Rarely does an opportunity come along to own a piece of New Orleans history with this combination of charm, versatility, and prime French Quarter location!

Additional Information

Sewer
Public Sewer
Water
Public
Heating
Central
Cooling
Central Air, Multi Units, Window/Wall

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Calculator source: Real Geeks

Listing courtesy of FQR Realtors.

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