1928 Franklin Ave New Orleans, LA 70117
Saint Roch NeighborhoodEstimated payment $2,466/month
Total Views
2,407
3
Beds
3
Baths
2,648
Sq Ft
$151
Price per Sq Ft
About This Home
Seller put over $800k in renovations into this property - just dropped price to $399k. Introducing a beautifully renovated mixed-use property located at 1928 Franklin Avenue in the heart of New Orleans’ highly coveted and rapidly growing St. Roch neighborhood. This stunning two-story building has been completely transformed with luxury finishes throughout, offering the perfect blend of historic charm and modern elegance. Spanning a total of 2,648 square feet, the ground floor features a spacious 1,404-square-foot commercial space with an open layout ideal for retail, office, or studio use—making it perfect for an owner-occupant looking to live and work in one location. The upstairs residential unit includes 1,244 square feet of living space with two bedrooms and two full bathrooms, designed with upscale details and modern comforts. Also contains a driveway with gate on the left hand side. Whether you're a business owner seeking a live-work opportunity or an investor aiming to generate strong rental income from two separately leased units, this property is a rare gem in one of New Orleans’ most vibrant and up-and-coming neighborhoods. Bottom floor could be converted into a separate residential unit for an up and down duplex.
Listing Agent
Bridgewater Realty Advisors, LLC License #NOM:995714063 Listed on: 05/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,071
Year Built
- Built in 2024
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Siding
Interior Spaces
- 2,648 Sq Ft Home
- Property has 2 Levels
Parking
- 3 Parking Spaces
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Internet Available
Additional Features
- Property is in excellent condition
- Outside City Limits
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number per assessor
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 | $3,071 | $23,270 | $1,080 | $22,190 |
| 2024 | $3,118 | $23,270 | $1,080 | $22,190 |
| 2023 | $848 | $9,200 | $1,080 | $8,120 |
| 2022 | $848 | $6,030 | $1,080 | $4,950 |
| 2021 | $799 | $5,550 | $1,080 | $4,470 |
| 2020 | $1,337 | $9,200 | $1,080 | $8,120 |
| 2019 | $854 | $5,650 | $1,080 | $4,570 |
| 2018 | $871 | $5,650 | $1,080 | $4,570 |
| 2017 | $831 | $5,650 | $1,080 | $4,570 |
| 2016 | -- | $5,650 | $1,080 | $4,570 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $2,200 | 0.0% | $1 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $399,000 | -19.4% | $151 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $495,000 | 0.0% | $187 / Sq Ft |
| 05/23/2025 05/23/25 | For Rent | $3,940 | 0.0% | -- |
| 05/14/2025 05/14/25 | Price Changed | $590,000 | -9.2% | $223 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $650,000 | +233.3% | $245 / Sq Ft |
| 09/21/2023 09/21/23 | Sold | -- | -- | -- |
| 09/16/2023 09/16/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | For Sale | $195,000 | -- | $142 / Sq Ft |
Source: Gulf South Real Estate Information Network
Similar Homes in New Orleans, LA
Source: Gulf South Real Estate Information Network
MLS Number: 2499458
APN: 3-8W-1-097-26
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