1550 N Derbigny St New Orleans, LA 70116
7th Ward NeighborhoodEstimated payment $2,457/month
Total Views
1,680
5
Beds
3
Baths
2,050
Sq Ft
$180
Price per Sq Ft
Highlights
- Wood patio
- Property is in excellent condition
- Wood Siding
- Central Heating and Cooling System
- Rectangular Lot
- 4-minute walk to Hunter’s Field Playground
About This Home
Introducing a stunning multi-family home nestled in the historic Treme neighborhood, a gem that promises both charm and investment potential. This beautifully renovated property features five spacious bedrooms and three well-appointed bathrooms, spread over 2,050 square feet of interior space.
Perfect for those looking to generate rental income, each unit within this home has been thoughtfully updated to blend modern comforts with traditional aesthetics. The high ceilings and large windows ensure each room is bathed in natural light, creating a warm and inviting atmosphere that tenants will love.
Location is everything, and this property does not disappoint. A stone's throw away, you'll find the celebrated St. Augustine High School, making this an ideal location for families. For daily conveniences, Rouses Market is just a short drive away, offering a variety of fresh food options. Fitness and recreational activities are easily accessible at the nearby Andre Cailloux Park and Treme Recreation Community Center, providing ample opportunities for relaxation and community engagement.
Don't miss out on the opportunity to own a piece of New Orleans' rich cultural tapestry, all while enjoying the benefits of a savvy investment. Whether you're looking to enrich your portfolio or find a multi-generational living solution, this property offers a unique blend of historical elegance and modern functionality. Embrace the soul of New Orleans with a home that's as profitable as it is picturesque. Welcome to a place where every corner tells a story and every room invites you to stay.
Seller will make no repairs and inspections are for buyer's informational purposes only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,958
Year Built
- Built in 1950
Lot Details
- 3,101 Sq Ft Lot
- Lot Dimensions are 31x100
- Rectangular Lot
- Property is in excellent condition
Parking
- Off-Street Parking
Home Design
- Duplex
- Raised Foundation
- Asphalt Shingled Roof
- Wood Siding
- HardiePlank Type
Interior Spaces
- 2,050 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Additional Features
- Wood patio
- City Lot
- Central Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 37W108405
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,958 | $37,560 | $3,720 | $33,840 |
| 2024 | $5,033 | $37,560 | $3,720 | $33,840 |
| 2023 | $4,835 | $36,000 | $3,100 | $32,900 |
| 2022 | $4,835 | $34,360 | $3,100 | $31,260 |
| 2021 | $4,778 | $33,190 | $3,100 | $30,090 |
| 2020 | $1,755 | $12,070 | $3,100 | $8,970 |
| 2019 | $1,543 | $10,210 | $1,240 | $8,970 |
| 2018 | $1,573 | $10,210 | $1,240 | $8,970 |
| 2017 | $1,502 | $10,210 | $1,240 | $8,970 |
| 2016 | $1,550 | $10,210 | $1,240 | $8,970 |
| 2015 | $1,108 | $7,450 | $470 | $6,980 |
| 2014 | -- | $7,450 | $470 | $6,980 |
| 2013 | -- | $7,450 | $470 | $6,980 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Price Changed | $370,000 | -2.6% | $180 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $380,000 | -2.6% | $185 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $390,000 | -2.0% | $190 / Sq Ft |
| 01/14/2021 01/14/21 | Sold | -- | -- | -- |
| 12/15/2020 12/15/20 | Pending | -- | -- | -- |
| 12/10/2020 12/10/20 | For Sale | $398,000 | -- | $209 / Sq Ft |
Source: ROAM MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | -- | None Available | |
| Sheriffs Deed | $76,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $187,500 | New Conventional |
Source: Public Records
Similar Homes in New Orleans, LA
Source: ROAM MLS
MLS Number: 2492307
APN: 3-7W-1-084-05
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