$849,000

Apartment In New Orleans

  • 6 Beds
  • 6 Baths
  • 4,245 Sqft
  • Updated: August 4
  • Source:
    Gulf South Real Estate Information Network (GSREIN)  MLS#2553993

About the Property

DOUBLE LOT! NEEDS COMPLETE REMODEL! Remodel as apartments or condos.

Positioned along the iconic Esplanade Avenue corridor, 2232 Esplanade Avenue presents a
rare opportunity to acquire a historic multi-family redevelopment in one of New Orleans’ most
desirable neighborhoods. The property consists of five residential units with separately
metered utilities, offering flexibility
DOUBLE LOT! NEEDS COMPLETE REMODEL! Remodel as apartments or condos.

Positioned along the iconic Esplanade Avenue corridor, 2232 Esplanade Avenue presents a
rare opportunity to acquire a historic multi-family redevelopment in one of New Orleans’ most
desirable neighborhoods. The property consists of five residential units with separately
metered utilities, offering flexibility in future leasing and operations. Rich in architectural
character and located within a historic district, the asset is ideally suited for a comprehensive
restoration that can capitalize on available state and federal historic tax credit programs.
In addition to the existing improvements, the offering includes an adjacent lot that provides
the ability to construct up to two additional units—further enhancing the property’s income
potential and long-term upside. Situated just minutes from the French Quarter, Bayou St.
John, and City Park, the location benefits from strong rental demand driven by its walkability,
charm, and proximity to key cultural and recreational amenities. 2232 Esplanade Avenue
represents a compelling value-add opportunity for investors and developers seeking to
execute a transformative project in a premier New Orleans submarket.
  • Property type

    Apartment

  • Floors

    2

  • Year built

    1895

  • Price/sqft

    $200

Features

  • Parking

Explore the Area

2232 ESPLANADE Avenue, New Orleans, Louisiana, United States View on Google Maps
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McEnery Residential, LLC - New Orleans

Joined 8 months ago
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McEnery Residential, LLC - New Orleans
Louisiana, United States
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31
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2025
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McEnery Residential, LLC - New Orleans
New Orleans, Louisiana, United States
View agency profile
Last updated
August 4
First listed
Apr 21
Listing reference
2553993
Listing status
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