936 Esplanade Ave New Orleans, LA 70116
French Quarter NeighborhoodEstimated payment $7,901/month
Total Views
2,442
6
Beds
6.5
Baths
3,790
Sq Ft
$323
Price per Sq Ft
Highlights
- Balcony
- Courtyard
- Property is in excellent condition
- Window Unit Cooling System
- Central Heating and Cooling System
- 2-minute walk to Cabrini Playground
About This Home
CASH COW! Add this gorgeous apartment complex to your investment portfolio! Location, Location, Location! Truly a stunning property boasting a collection of 5 beautifully renovated apartments. Nestled on a desirable tree lined block on the corner of Burgundy and Esplanade and across the street from Melrose Mansion and near the dog park! The property features a LARGE charming courtyard, and a front balcony. Renovated in 2020, the building exudes modern elegance while retaining its historic charm. With its prime location, these desirable apartments are easily rented, making this property a fantastic investment opportunity. Units 101, 103, 201 and 202 are all rented with the most incredible stable tenants. The large owners unit (unit 102) is VACANT and ready for new owner to occupy or rent. The large primary unit/owners unit (unit 102) features 2 LARGE bedroom suites each with connecting bath, dressing room with an abundance of closets, 2.5 baths, enormous chef's kitchen, formal living and dining rooms spanning two stories with 1756 square feet of living space and can be combined with the rear unit for additional bedrooms. Historic fireplace mantels and tall ceilings. There are an additional four easily rentable one-bedroom and one-bath studio units within the building. Laundry on site. 4 electric meters and one water meter.. Units 101, 103, 201 and 202 are stable tenants and each unit last rented within one week on the market! Unit 102 (large owners unit) has just become available following the relocation of a long term tenant for a job out of state. Don't miss your chance to reside on the left side of the building while also benefiting from income generated by the other four rental units! 5 total units (101, 102, 103, 201 and 202).
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $12,687
Year Built
- Built in 1889
Lot Details
- Lot Dimensions are 32x107
- Property is in excellent condition
Home Design
- Raised Foundation
- Wood Siding
Interior Spaces
- 3,790 Sq Ft Home
- Property has 2 Levels
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
Outdoor Features
- Balcony
- Courtyard
Location
- City Lot
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
Community Details
- 5 Units
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 208101908
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 | $12,687 | $96,120 | $20,540 | $75,580 |
| 2024 | $12,879 | $96,120 | $20,540 | $75,580 |
| 2023 | $14,421 | $106,800 | $20,540 | $86,260 |
| 2022 | $14,421 | $102,490 | $20,540 | $81,950 |
| 2021 | $15,374 | $106,800 | $20,540 | $86,260 |
| 2020 | $15,527 | $106,800 | $20,540 | $86,260 |
| 2019 | $15,665 | $103,690 | $20,540 | $83,150 |
| 2018 | $15,977 | $103,690 | $20,540 | $83,150 |
| 2017 | $14,530 | $98,760 | $20,540 | $78,220 |
| 2016 | $14,990 | $98,760 | $20,540 | $78,220 |
| 2015 | $14,683 | $98,760 | $20,540 | $78,220 |
| 2014 | -- | $98,760 | $20,540 | $78,220 |
| 2013 | -- | $98,760 | $20,540 | $78,220 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $1,225,000 | +36.3% | $323 / Sq Ft |
| 07/07/2020 07/07/20 | Sold | -- | -- | -- |
| 06/07/2020 06/07/20 | Pending | -- | -- | -- |
| 02/27/2020 02/27/20 | For Sale | $899,000 | -- | $240 / Sq Ft |
Source: ROAM MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $849,000 | Crescent Title Llc | |
| Deed | $569,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,305 | New Conventional | |
| Open | $838,400 | Future Advance Clause Open End Mortgage | |
| Closed | $624,918 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $163,400 | Unknown | |
| Previous Owner | $691,600 | New Conventional | |
| Previous Owner | $370,000 | No Value Available |
Source: Public Records
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Source: ROAM MLS
MLS Number: 2501954
APN: 2-08-1-019-08
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