$1,049,000
$251K PRICE DROP

523 Burgundy St New Orleans, LA 70112

French Quarter Neighborhood

Estimated payment $6,907/month

Total Views 6,083
7 Beds
6 Baths
4,188 Sq Ft
$250 Price per Sq Ft

Highlights

  • In Ground Pool
  • Outdoor Living Area
  • Courtyard
  • Creole Architecture
  • Balcony
  • 5-minute walk to Musical Legends Park

About This Home

Classic Creole-style house on one of the prettiest blocks in the Quarter. Four large units all astride a stunning pool and expansive brick courtyard. Great investment, or a perfect place to live while generating monthly income from tenants. Roof is believed to be less than 10 years old. Parking spaces can be leased in the gated lot next door at reasonable rates. All four units are currently leased.

Listing Agent

Jon Huffman

Jon Huffman Real Estate License #NOM:995682666 Listed on: 02/26/2025

Co-Listing Agent

Mimi DiMassa

Jon Huffman Real Estate License #NOM:995702675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,826

Lot Details

  • Lot Dimensions are 33 x 127
  • Property is in very good condition

Home Design

  • Quadruplex
  • Creole Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,188 Sq Ft Home
  • Property has 1 Level
  • Laundry in unit

Outdoor Features

  • In Ground Pool
  • Balcony
  • Courtyard
  • Outdoor Living Area

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 523-BURGUNDYST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,826

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: CreoleFrenchColonial
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 99 LOT 5 BURGUNDY 33X127
  • Lp Amt Sq Ft: 250.48
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 4188
  • Total Sq Ft: 4188

Exterior Features

  • Pool Type: Inground
  • Exterior: Brick
  • ExteriorFeatures: Balcony, Courtyard, Outdoor Entertainment Area Beyond Your Average Patio
  • Foundation: Raised, Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: Central
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 33 x 127
  • Parcel #: 523-BURGUNDYST

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: 7
  • Total Full Baths All Units: 5
  • Total Half Baths All Units: 1
  • Total Rent All Units: 6995
  • Total Units: 4
  • Unit Count: 4

Map

Range of Values:

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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 $14,826 $112,330 $20,680 $91,650
2024 $11,620 $86,720 $20,680 $66,040
2023 $8,286 $60,900 $20,680 $40,220
2022 $8,286 $58,890 $20,680 $38,210
2021 $8,767 $60,900 $20,680 $40,220
2020 $8,854 $60,900 $20,680 $40,220
2019 $8,933 $59,130 $20,680 $38,450
2018 $9,111 $59,130 $20,680 $38,450
2017 $6,691 $45,480 $25,150 $20,330
2016 $6,903 $45,480 $25,150 $20,330
2015 $6,762 $45,480 $25,150 $20,330
2014 -- $45,480 $25,150 $20,330
2013 -- $45,480 $25,150 $20,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $1,049,000 -4.5% $250 / Sq Ft
04/20/2025 04/20/25 Price Changed $1,099,000 -4.4% $262 / Sq Ft
03/10/2025 03/10/25 Price Changed $1,150,000 -11.5% $275 / Sq Ft
02/26/2025 02/26/25 For Sale $1,300,000 +0.4% $310 / Sq Ft
09/15/2023 09/15/23 Sold -- -- --
08/15/2023 08/15/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $1,295,000 -- $309 / Sq Ft
Source: Gulf South Real Estate Information Network

Mortgage History

Date Status Loan Amount Loan Type
Closed $896,250 New Conventional
Source: Public Records

Source: Gulf South Real Estate Information Network

MLS Number: 2489113

Gulf South Real Estate Information Network

APN: 2-07-1-035-05

Louisiana Orleans Parish New Orleans 70112 French Quarter

523 Burgundy St, New Orleans, LA

This home is located at 523 Burgundy St, New Orleans, LA 70112 and is currently priced at $1,049,000, approximately $250 per square foot. 523 Burgundy St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Bricolage Academy, and Mary Bethune Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Jon Huffman
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Jon Huffman Real Estate
(504) 514-1116