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28192896
20691225

7836 St Charles Ave, New Orleans, LA 70118

DM
LA LA SALE.0995691909-ACT
NAI Rampart
AP
LA LA 0995688338
NAI Rampart
BR
LA SALE.0000012798-ACT
NAI Rampart
Listed by NAI Rampart
$1,600,000
570 days on market
Updated 70 days ago

7836 St Charles Ave

Details
APN 716104006
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,615
Units 4
Occupancy 100%
Price per SqFt $236
Class B
Year Built 1924
Buildings 1
Stories 2
Acreage 0.140
Zoning HU-RD2

Multifamily | 4 Units

Marketing description

Trophy Uptown 4-Plex on St Charles Avenue just steps from Audubon Park and Tulane and Loyola universities. All units are spacious and feature central air and heat, hardwood floors, ample natural light and generously sized bedrooms and living areas. The building has off-street parking, on-site laundry and a metal roof. All utilities are separately metered. Current rents are below market. Off-street parking available, 100% occupied.

Uptown New Orleans is a prominent and historic submarket characterized by its blend of residential, commercial, and cultural appeal. Known for its charming streets lined with oak trees, grand historic homes, and vibrant commercial corridors, This submarket home to a mix of local boutiques, restaurants, and national retailers. Its proximity to Tulane and Loyola universities adds to the area's dynamic atmosphere, attracting students, professionals, and families alike. The area benefits from convenient access to public transportation, including the iconic St. Charles Avenue streetcar, and is a sought-after location due to its strong sense of community, aesthetic appeal, and strateg.

Introducing an exceptional trophy asset - a 7,615 SF multifamily property on the historic St. Charles Avenue. This historic property has 4 units, well-maintained, spacious, well-designed oor plans and off-street parking. 100% occupied with strong rental demand due to proximity to universities and Audubon park. With rent currently below market and strong demand, this property presents an enticing prospect for an investor to stablize rental rates to market and/or plan for a condo conversion.

Investment highlights

  • 7,615 SF building with 4 units

  • Prime location in New Orleans on Historic St. Charles Avenue

  • 100% occupancy, stable rental income

  • Off street parking

  • Great investment opportunity with strong rental demand

Listing Contacts

DM
LA LA SALE.0995691909-ACT
NAI Rampart
AP
LA LA 0995688338
NAI Rampart
BR
LA SALE.0000012798-ACT
NAI Rampart
Listed by NAI Rampart

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Additional Information

Name
Daniel Marse, CCIM
License
LA SALE.0995691909-ACT
Brokerage
Rampart/Wurth Holding, Inc.
Brokerage Phone
5048122388
Title
Commercial Sales & Leasing
Brokerage Address
5557 Canal Boulevard
Name
Alex Peet
License
LA 0995688338
Brokerage
NAI Latter & Blum
Title
Agent
Brokerage Address
430 Notre Dame Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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