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34258881
34258879

807 Bourbon Street, New Orleans, LA 70116

MM
LA LA9705
Bridgewater Realty Advisors
BM
LA LA 995705186
Bridgewater Realty Advisors
CG
LA 995696437
Bridgewater Realty Advisors
Listed by Bridgewater Realty Advisors
$1,200,000
1 day on market
Updated 1 day ago

Rare Bourbon St Multifamily

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,228
Units 9
Beds 9
NOI $111,000
Occupancy 77.78%
Tenancy Multi
Price per SqFt $371
Buildings 1
Investment Type Stabilized

Multifamily | 9 Units

Marketing description

Located in the heart of the world-famous French Quarter, 807 Bourbon Street presents a rare opportunity to acquire a stabilized multifamily asset on one of New Orleans' most recognizable and sought-after corridors.

The property consists of nine one-bedroom apartment units totaling approximately 3,228 square feet, offering an efficient unit mix that has consistently demonstrated strong rental demand. With 7 of the 9 units currently occupied, the property provides immediate in-place income while offering upside through lease-up of the remaining vacancies.

The all one-bedroom configuration appeals to a broad tenant base, making the units easy to lease and minimizing vacancy risk. Situated directly on iconic Bourbon Street, residents enjoy walkable access to premier dining, entertainment, employment centers, and the vibrant culture that defines the French Quarter.

Whether targeting long-term investors seeking stable cash flow or buyers looking for future value-add potential, 807 Bourbon Street represents an exceptional opportunity to own a well-located multifamily investment in one of the most desirable and supply-constrained rental markets in New Orleans.

Investment highlights

  • Located in the heart of the world-famous French Quarter
  • Rare opportunity to acquire a stabilized multifamily asset on one of New Orleans' most recognizable and sought-after corridors
  • Nine one-bedroom apartment units totaling approximately 3,228 square feet
  • Efficient unit mix that has consistently demonstrated strong rental demand
  • 7 of the 9 units currently occupied, providing immediate in-place income
  • Upside through lease-up of the remaining vacancies
  • All one-bedroom configuration appeals to a broad tenant base
  • Units easy to lease and minimizing vacancy risk
  • Situated directly on iconic Bourbon Street
  • Walkable access to premier dining, entertainment, employment centers, and the vibrant culture that defines the French Quarter
  • Well-located multifamily investment in one of the most desirable and supply-constrained rental markets in New Orleans

Listing Contacts

MM
LA LA9705
Bridgewater Realty Advisors
BM
LA LA 995705186
Bridgewater Realty Advisors
CG
LA 995696437
Bridgewater Realty Advisors
Listed by Bridgewater Realty Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$111,000.00
$9,250.00/mo

Valuation Metrics

0
DSCR
9.25%
Cap Rate
9.25%
ROI

Map

Zoning

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VCR-1 ResidentialMulti FamilyVieux Carre Residential District
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Mason Mccullough
License
LA9705
Brokerage Phone
5042985547
Brokerage Address
3501 Severn Avenue
Name
Bryce Marullo
License
LA 995705186
Brokerage
Bridgewater Realty Advisors
Brokerage Phone
5049010463
Name
Cameron Griffin
License
995696437
Brokerage
Bridgewater Realty Advisors
Brokerage Phone
504-298-8631
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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