$1,297,500
$298K PRICE DROP

Estimated payment $7,889/month

Total Views 3,099
8 Beds
9 Baths
4,518 Sq Ft
$287 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • Oversized Lot
  • Central Heating and Cooling System
  • Creole Architecture
  • Enhanced Accessible Features
  • Property is in excellent condition

About This Home

CAMPECHE BED & BREAKFAST - PRIME INVESTMENT OPPORTUNITY IN BAYOU ST. JOHNHUMU ZONING, CREATIVE FINANCING AVAILABLE. Welcome to Campeche, a versatile 8-unit property in the highly sought-after Bayou St. John neighborhood—offering a rare opportunity for multi-family conversion in one of New Orleans' most desirable residential areas. Originally operating as a bed & breakfast, this fully renovated property is perfectly positioned for an investor/developer/owner operatorEach of the 8 units features private exterior egress/ingress, a wet bar, a private bathroom, and a living area (except for one studio unit), making for an effortless transition into long-term rental units. One unit is ADA-compliant, expanding accessibility options. 9 full bathrooms includes the one full bathroom with the office. The property's 2015 renovation preserved its historic charm while modernizing interiors—offering immediate leasing potential for market-rate or furnished rentals.Hu-MU Zoning allows for flexible uses. The adjacent property at 642 N. White Street is also available, presenting additional development opportunities for expanded rental income.EXCEPTIONAL LOCATION & MARKET APPEALLocated in Bayou St. John, Campeche is within walking distance of City Park, the New Orleans Fairgrounds (home of Jazz Fest), and popular dining and entertainment venues. This high-demand area continues to attract both tourists and long-term residents, making it an ideal investment for hospitality or residential repositioning.

Listing Agent

Chris Talbot

Talbot Realty Group License #NOM:000075986 Listed on: 03/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,825

Year Built

  • Built in 2015

Lot Details

  • 0.44 Acre Lot
  • Oversized Lot
  • Property is in excellent condition

Home Design

  • Creole Architecture
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 4,518 Sq Ft Home
  • Property has 2 Levels

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • Enhanced Accessible Features
  • Outside City Limits

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 207200501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,825

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Commercial/Residential Combo
  • Style: Creole Cottage
  • Condition: Excellent
  • ADA Features: Yes
  • Legal Description: SQ 359 LOT 1 N WHITE 35X182 LOT 2 N WHITE 35X182 LOT 3 N WHITE 35X181
  • Lp Amt Sq Ft: 287.18
  • Building Stories: 2.00000
  • Unit Level: 2
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Estimated Living Area: 4518
  • Total Sq Ft: 4518

Exterior Features

  • Exterior: Wood Siding
  • Foundation: Slab
  • Roof Type: Other

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: Yes

Lot Info

  • Acres: 0.4379
  • Elevation Certificate: No
  • Lot Description: Oversized
  • Lot Size: 0.44 acres
  • Parcel #: 207200501

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Bedrooms All Units: 8
  • Total Full Baths All Units: 9
  • Total Units: 8

Map

Range of Values:

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Average Value
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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 $9,825 $72,960 $47,690 $25,270
2024 $9,776 $72,960 $47,690 $25,270
2023 $7,795 $64,690 $29,080 $35,610
2022 $7,795 $54,010 $29,080 $24,930
2021 $7,508 $50,800 $29,080 $21,720
2020 $9,600 $64,690 $29,080 $35,610
2019 $7,089 $45,600 $9,540 $36,060
2018 $1,915 $11,000 $9,540 $1,460
2017 $1,838 $11,000 $9,540 $1,460
2016 $1,870 $11,000 $9,540 $1,460
2015 $3,492 $22,140 $9,540 $12,600
2014 -- $22,140 $9,540 $12,600
2013 -- $14,020 $13,350 $670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $1,297,500 -18.7% $287 / Sq Ft
03/17/2025 03/17/25 For Sale $1,595,000 -- $353 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $113,000 --
Warranty Deed $70,000 --
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2491050

Gulf South Real Estate Information Network

APN: 2-07-2-005-01