2232 Esplanade Ave New Orleans, LA 70119
Treme-Lafitte NeighborhoodEstimated payment $5,465/month
Highlights
- Traditional Architecture
- Central Air
- Wood Siding
- Oversized Lot
About This Home
COMPLETE REMODEL! Remodel as apartments or condos. Positioned along the iconic Esplanade Avenue corridor, 2232 Esplanade Avenue presents a
rare opportunity to acquire a historic multi-family redevelopment in one of New Orleans’ most
desirable neighborhoods. The property consists of five residential units with separately
metered utilities, offering flexibility in future leasing and operations. Rich in architectural
character and located within a historic district, the asset is ideally suited for a comprehensive
restoration that can capitalize on available state and federal historic tax credit programs.
In addition to the existing improvements, the offering includes an adjacent lot that provides
the ability to construct up to two additional units—further enhancing the property’s income
potential and long-term upside. Situated just minutes from the French Quarter, Bayou St.
John, and City Park, the location benefits from strong rental demand driven by its walkability,
charm, and proximity to key cultural and recreational amenities. 2232 Esplanade Avenue
represents a compelling value-add opportunity for investors and developers seeking to
execute a transformative project in a premier New Orleans submarket.
Property Details
Home Type
- Apartment
Year Built
- Built in 1895
Lot Details
- Lot Dimensions are 75 x 119
- Oversized Lot
- Property is in below average condition
Home Design
- Traditional Architecture
- Raised Foundation
- Slate Roof
- Wood Siding
Interior Spaces
- 4,245 Sq Ft Home
- Property has 2 Levels
Parking
- 3 Parking Spaces
- Parking Lot
- Off-Street Parking
Location
- Outside City Limits
Utilities
- Central Air
- No Heating
- Internet Available
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 20
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 | $8,247 | $62,480 | $17,850 | $44,630 |
| 2024 | $8,372 | $62,480 | $17,850 | $44,630 |
| 2023 | $3,705 | $29,970 | $17,850 | $12,120 |
| 2022 | $3,705 | $26,330 | $17,850 | $8,480 |
| 2021 | $3,633 | $25,240 | $17,850 | $7,390 |
| 2020 | $4,357 | $29,970 | $17,850 | $12,120 |
| 2019 | $5,031 | $33,300 | $13,390 | $19,910 |
| 2018 | $5,131 | $33,300 | $13,390 | $19,910 |
| 2017 | $4,899 | $33,300 | $13,390 | $19,910 |
| 2016 | $5,054 | $33,300 | $13,390 | $19,910 |
| 2015 | $4,951 | $33,300 | $8,930 | $24,370 |
| 2014 | -- | $37,010 | $8,930 | $28,080 |
| 2013 | -- | $37,010 | $8,930 | $28,080 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $895,000 | -- | $211 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $710,000 | -- | |
| Sheriffs Deed | $710,000 | -- | |
| Quit Claim Deed | -- | None Available |
Source: Gulf South Real Estate Information Network
MLS Number: 2553993
APN: 2-08-1-073-06
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