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Historic Redevelopment Opportunity

HTC Approved | 50 Units

Listing Contacts

Active

Asking Price: $2,950,000
Address 

1301 Clouet St, New Orleans, LA 70117

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Date Added
Apr 22, 2025
Days on Market
59 days
Time Since Last Update
59 days

Details

Property TypeMultifamily
SubtypeApartment Building
Investment TypeRedevelopment
Square Footage57,030
Units50
Buildings1
Stories3
ZoningHU-RD2
Lot Size (acres)1.5
IntelligenceINTELLIGENCE
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Marketing Description

The McEnery Company is pleased to offer for sale: 1301 Clouet Street, a ~60,000-square-foot, 50-unit development opportunity in the Bywater.​ The former Lorraine Hansberry Elementary School is located just off St Claude Avenue along Clouet Street.​ The permit-ready project includes 9% LIHTC current round application, Part 1 & 2 Historic Tax Credit approvals, CD set of architectural plans for 50 units.​ ESA Phase 1, and other preconstruction materials.​ Bypass the OPSB auction process with this unencumbered opportunity!

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