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2635 URSULINES AVE New Orleans LA 70119-3435

[Locked] • APN 208108512

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 4,440
Lot SqFt 7,293
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code HU-RD2
Year Built 1920
Building Count 2
Opportunity Zone Yes
Sold Price per Acre ******
Tax Year ******
Tax Land ******
Tax Additions ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description

This rare and historic raised center hall cottage in the culturally significant Tremé district of New Orleans is now available. Recently affected by a fire, this remarkable property offers a unique redevelopment opportunity to preserve and modernize a piece of New Orleans history.

With its eligibility for historic tax credits, restore while maximizing financial incentives to offset constructions costs by 45% when holding it for at least 5 years. An additional dwelling (ADU) could be added to this large lot for affordable housing.

The Tremé is a vibrant neighborhood, and this property is close to historic City Park, Bayou St. John, and tree-lined Esplanade Avenue. It is a prime investment for developers, homeowners, or preservation enthusiasts.

Upstairs Unit (1) - 2,200 sf

A spacious 2,200-sf home with a classic center hall layout and stunning architectural details that include pocket doors and 7’ windows. The unit features three bedrooms, including a master suite with an ensuite bathroom, two full bathrooms, a large kitchen, a living room, and a sunroom.

Basement Units (2) - 1,100 sf each

Each 1,100-sf unit features two bedrooms, one bathroom, and living space, making these perfect for rental income or additional family accommodation.

Investment Highlights
  • ADU could be added for affordable housing

  • Eligibility for HTCs

  • Great location

  • Ideal for preservationist enthusiast and income

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
LT
Lawless Turner
•••.•••.5005
•••rner@••••-••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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New Orleans, LA median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
New Orleans, LA (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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