$999,000
NEW CONSTRUCTION $86K PRICE DROP

Estimated payment $6,412/month

Total Views 3,575
8 Beds
12 Baths
4,900 Sq Ft
$204 Price per Sq Ft

Highlights

  • New Construction
  • Balcony
  • Fenced
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

Investment property consisting of 4 apartments. Each apartment is bright and spacious, boasting hardwood floors, stainless steel appliances, sleek countertops, and soaring ceilings. Location provides easy access to the Marigny and French Quarter. The property can be separated in to condominiums.

Listing Agent

Axel Oestreicher

Crescent Sotheby's International License #NOM:995704983 Listed on: 02/15/2025

Crescent Sotheby's International

Co-Listing Agent

Michael Bain

Crescent Sotheby's International License #NOM:000057496

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,067

Lot Details

  • Lot Dimensions are 32 x 128
  • Fenced

Home Design

  • New Construction
  • Quadruplex
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 4,900 Sq Ft Home
  • Property has 1 Level

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • Balcony
  • Outside City Limits

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1327-FRENCHMENST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,067

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Traditional
  • Condition: New
  • ADA Features: No
  • Legal Description: SQ 511 LOT 12 OR 5
  • Lp Amt Sq Ft: 203.88
  • Building Stories: 2.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4900
  • Total Sq Ft: 4900

Exterior Features

  • Pool Type: None
  • Exterior: Hardy Plank
  • ExteriorFeatures: Balcony, Fence
  • Foundation: Raised
  • Roof Type: Asphalt, Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 32 x 128
  • Parcel #: 1327-FRENCHMENST

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 8
  • Total Half Baths All Units: 4
  • Total Units: 4
  • Unit Count: 4

Map

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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 $13,067 $99,000 $4,100 $94,900
2024 $13,265 $99,000 $4,100 $94,900
2023 $3,346 $99,000 $2,460 $96,540
2022 $3,346 $23,780 $610 $23,170
2021 $3,599 $25,000 $610 $24,390
2020 $4,122 $28,350 $610 $27,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $999,000 -7.9% $204 / Sq Ft
02/15/2025 02/15/25 For Sale $1,085,000 -- $221 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $190,000 None Available
Warranty Deed $142,500 Audubon Title Agency Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Gulf South Real Estate Information Network

MLS Number: 2487551

Gulf South Real Estate Information Network

APN: 3-7W-1-054-29