8500 Oak St New Orleans, LA 70118
Leonidas NeighborhoodEstimated payment $11,841/month
Total Views
5,096
4
Beds
2
Baths
6,802
Sq Ft
$268
Price per Sq Ft
Highlights
- Arts and Crafts Architecture
- Central Heating and Cooling System
- Property is in excellent condition
- Corner Lot
- 3 Car Garage
About This Home
LIVE IN UPPER UNIT & RENT GROUND FLOOR UNITS OR USE FOR GARAGE/STORAGE.
PERFECT EVENT SPACE! Great location for: wedding venue (bridal party could occupy upper levels), dispensary, arcade, gym, fitness facility, athletic facility, medspa, grocery, restaurant, bar, retail, shared office space, bring ideas!
FOR SALE OR FOR LEASE; BUILD TO SUIT. SUBMIT LOI W/OFFER.
Corner of Oak & Joliet. Historic building in a historic area situated between Carrollton & the riverbend. ZONED HU MU. Walking distance to all the local restaurants, coffee shops, small businesses, hobby stores, galleries, and new condos that Oak St has to offer.
STRUCTURAL REPAIRS HAVE BEEN MADE TO LOWER LEVEL. PLUMBING & ELECTRICAL UPDATED THROUGHOUT. HVAC UPDATED UPPER UNIT.
NEW SURVEY AS OF 2023. Three addresses for this location. First floor could be TWO separate commercial spaces potentially allowing for more rental income.
COMMERCIAL UNIT LOWER LEVEL COMPRISED OF 1891 sqft & 2376 sqft WHICH CAN BE USED AS ONE OR TWO SEPARATE UNITS. UPPER LEVEL COMPRISED OF 2535 sqft FOR A TOTAL OF 6802 sqft of rental space.
Listing Agent
Anthony Posey Properties, Inc License #NOM:995703940 Listed on: 07/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,186
Year Built
- Built in 2023
Lot Details
- Lot Dimensions are 60 x 120
- Corner Lot
- Property is in excellent condition
Parking
- 3 Car Garage
Home Design
- Arts and Crafts Architecture
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Stucco Exterior
- Hardboard
Interior Spaces
- 6,802 Sq Ft Home
- Property has 3 Levels
Location
- Outside City Limits
Utilities
- Central Heating and Cooling System
- Internet Available
Community Details
- 3 Units
- Oak Association
Listing and Financial Details
- Assessor Parcel Number 138
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 | $22,186 | $168,090 | $11,630 | $156,460 |
| 2024 | $22,522 | $168,090 | $11,630 | $156,460 |
| 2023 | $13,127 | $101,170 | $2,510 | $98,660 |
| 2022 | $13,127 | $93,290 | $2,510 | $90,780 |
| 2021 | $12,505 | $86,870 | $2,510 | $84,360 |
| 2020 | $3,701 | $32,290 | $2,510 | $29,780 |
| 2019 | $3,843 | $32,290 | $2,510 | $29,780 |
| 2018 | $3,949 | $32,500 | $2,510 | $29,990 |
| 2017 | $3,757 | $32,500 | $2,510 | $29,990 |
| 2016 | $3,873 | $32,500 | $2,510 | $29,990 |
| 2015 | $3,795 | $32,500 | $2,510 | $29,990 |
| 2014 | -- | $32,500 | $2,510 | $29,990 |
| 2013 | -- | $32,500 | $2,510 | $29,990 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $1,825,000 | +53.4% | $268 / Sq Ft |
| 02/19/2020 02/19/20 | Sold | -- | -- | -- |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- |
| 10/31/2019 10/31/19 | For Sale | $1,190,000 | -- | $621 / Sq Ft |
Source: Gulf South Real Estate Information Network
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,025,000 | Crescent Title Llc | |
| Warranty Deed | $325,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $768,750 | Future Advance Clause Open End Mortgage | |
| Closed | $0 | Commercial |
Source: Public Records
Similar Homes in New Orleans, LA
Source: Gulf South Real Estate Information Network
MLS Number: 2510508
APN: 7-16-1-109-16
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