2039 Calhoun St New Orleans, LA 70118
Audubon NeighborhoodEstimated payment $8,098/month
Highlights
- Corner Lot
- Porch
- Courtyard
- Balcony
- Window Unit Cooling System
- Central Heating and Cooling System
About This Home
Ideally located at Freret and Calhoun Streets, just steps from Tulane and Loyola Universities, 2039 Calhoun offers a fully leased 12-bedroom, 5,700+ SF student housing investment property. The property features a standalone four-bedroom unit on the ground floor and an eight-bedroom unit on the second and third floors. Currently leased to one group, the units can also be rented separately by closing a door. Each unit includes a full kitchen and in-unit laundry.
With a commanding corner presence, direct sightlines to the universities, off street parking, and original historic details, the property has undergone extensive renovations, including a new roof, gutters, exterior paint, major siding and HVAC repairs, new flooring, updated bathrooms, new laundry units and many others.
Centrally located in Uptown, just minutes from the Freret and Maple Street commercial corridors, the property is in constant high demand and ensures strong, stable rental income. The upper unit is fully leased for 2025-2026, and ownership is finalizing a lease for the ground floor. 2039 Calhoun Street is a rare opportunity in an unbeatable university location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,587
Year Built
- Built in 1905
Lot Details
- Lot Dimensions are 59x82
- Corner Lot
- Irregular Lot
- Property is in excellent condition
Home Design
- Duplex
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
Interior Spaces
- 5,788 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Full Bathrooms
Parking
- 3 Parking Spaces
- Driveway
- Off-Street Parking
Outdoor Features
- Balcony
- Courtyard
- Porch
Location
- City Lot
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 41051151
Map
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 | $9,587 | $65,440 | $19,350 | $46,090 |
| 2024 | $8,768 | $65,440 | $19,350 | $46,090 |
| 2023 | $8,789 | $65,170 | $12,100 | $53,070 |
| 2022 | $8,789 | $62,520 | $12,100 | $50,420 |
| 2021 | $9,349 | $65,170 | $12,100 | $53,070 |
| 2020 | $9,556 | $66,030 | $12,100 | $53,930 |
| 2019 | $9,890 | $66,030 | $12,100 | $53,930 |
| 2018 | $10,066 | $66,030 | $12,100 | $53,930 |
| 2017 | $10,696 | $79,670 | $12,100 | $67,570 |
| 2016 | $6,443 | $49,430 | $9,680 | $39,750 |
| 2015 | $6,312 | $49,430 | $9,680 | $39,750 |
| 2014 | -- | $49,430 | $9,680 | $39,750 |
| 2013 | -- | $74,250 | $9,680 | $64,570 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | For Sale | $1,350,000 | 0.0% | $233 / Sq Ft |
| 08/19/2013 08/19/13 | For Rent | $1,300 | 0.0% | -- |
| 08/19/2013 08/19/13 | Rented | $1,300 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $294,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $658,080 | New Conventional |
Source: ROAM MLS
MLS Number: 2493890
APN: 6-15-2-066-06
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