$599,000
SOLD JUN 30, 2025
Last list price

1241 Kerlerec St New Orleans, LA 70116

7th Ward Neighborhood
6 Beds
6 Baths
3,507 Sq Ft
3,768 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

46 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • Rectangular Lot
  • Balcony
  • Property is in very good condition
  • Fenced

About This Home

As of June 2025

This exceptional property is ideally located down the street from the vibrant French Quarter.
Currently this property has 4 units. On the first floor there is a One Bedroom two bath unit and a 2 bedroom one bath unit. The second floor has a two bedroom/two bath unit and a 1 bedroom/1 bath unit. The flexible layout allows for a quick and seamless conversion into two large 3-bedroom, 3-bathroom residences — perfect for maximizing rental income or creating luxury living spaces.

Features include:

All-electric property

In-unit washer and dryer for each unit

Great outdoor space, ideal for relaxing or entertaining.

Whether you're looking for a strong investment opportunity or a live-plus-income option, this property offers incredible potential in one of New Orleans' most iconic neighborhoods.

Last Agent to Sell the Property

Mary Dodart

LATTER & BLUM (LATT07) License #000045156 Listed on: 05/15/2025

LATTER & BLUM (LATT07)

Last Buyer's Agent

Bryan Francher & Leslie Perrin

LATTER & BLUM (LATT28) License #000040680

LATTER & BLUM (LATT28)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1951

Lot Details

  • 3,768 Sq Ft Lot
  • Lot Dimensions are 30x120
  • Fenced
  • Rectangular Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,507 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Balcony
  • City Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 37W103109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,488

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0865
  • Lot Size: 30x120
  • Architectural Style: Traditional
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1951
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Living Area: 3507.0

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 37W103109

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2011
Closed on
Jan 12, 2012
Sold by
Mcgee Bernadine
Bought by
Cochran Phillips Real Est Llc
Buyer's Agent
Mary Dodart
LATTER & BLUM (LATT07)
List Price
$185,000
Current Estimated Value
$598,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold -- -- --
05/15/2025 05/15/25 For Sale $599,000 +223.8% $171 / Sq Ft
01/16/2012 01/16/12 Sold -- -- --
12/17/2011 12/17/11 Pending -- -- --
10/10/2011 10/10/11 For Sale $185,000 -- $54 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

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 $4,488 $34,000 $5,650 $28,350
2024 $4,556 $34,000 $5,650 $28,350
2023 $3,501 $26,070 $2,260 $23,810
2022 $3,501 $24,880 $2,260 $22,620
2021 $3,790 $26,070 $2,260 $23,810
2020 $3,790 $26,070 $2,260 $23,810
2019 $3,825 $25,320 $1,510 $23,810
2018 $3,901 $25,320 $1,510 $23,810
2017 $3,725 $25,320 $1,510 $23,810
2016 $3,843 $25,320 $1,510 $23,810
2015 $2,877 $19,350 $750 $18,600
2014 -- $19,350 $750 $18,600
2013 -- $19,350 $750 $18,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Mary Dodart

    LATTER & BLUM (LATT07)

    1 in this area

    27 Total Sales

    Section Image
  • Bryan Francher & Leslie Perrin

    Buyer's Agent in 2025

    Bryan Francher & Leslie Perrin

    LATTER & BLUM (LATT28)

    (504) 251-6400

    4 in this area

    167 Total Sales

    Section Image
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Map

Source: ROAM MLS

MLS Number: 2497088

APN: 3-7W-1-031-09

Louisiana Orleans Parish New Orleans 70116 7th Ward

1241 Kerlerec St, New Orleans, LA

This home is located at 1241 Kerlerec St, New Orleans, LA 70116 and is currently estimated at $599,000, approximately $170 per square foot. This property was built in 1951. 1241 Kerlerec St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Homer Plessy French Quarter Community School, and Mary Bethune Elementary School.

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.

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