$799,000

Apartment In New Orleans

  • 9 Beds
  • 6 Baths
  • 5,157 Sqft
  • 6,970 Sqft lot
  • Updated: June 5
  • Source:
    Gulf South Real Estate Information Network (GSREIN)  MLS#2561419

About the Property

This stunning, fully renovated 5-unit multi-family property is a rare investment opportunity in Esplanade Ridge, one of New Orleans’ most desirable neighborhoods. Situated on a high topographical ridge, the property is just steps from Esplanade Avenue and a short walk to Jazz Fest, Pagoda Cafe, and the best of Mid-City and the Marigny.

Originally built in 1855 and substantially renovated
This stunning, fully renovated 5-unit multi-family property is a rare investment opportunity in Esplanade Ridge, one of New Orleans’ most desirable neighborhoods. Situated on a high topographical ridge, the property is just steps from Esplanade Avenue and a short walk to Jazz Fest, Pagoda Cafe, and the best of Mid-City and the Marigny.

Originally built in 1855 and substantially renovated in 2015–2016, the property sits in Flood Zone X (minimal flood risk) and includes a detached one-car garage. It consists of two structures on a spacious 7,682 sq ft corner lot:
The main house at 2001 Laharpe Street / 1549 N. Johnson Street (4 units, 5,157 sq ft)

A charming detached 1-bedroom/1-bath cottage at 2007 Laharpe St., Apt. Lower historically a “summer kitchen” outbuilding, now a fully renovated standalone unit

Four units are currently occupied and generating $5,600/month ($67,200 annually). The 3BD/2BA unit at 1549 N. Johnson is intentionally vacant and priced at $1,750/month, giving the new owner flexibility to occupy or lease it. With all five units leased at market rate, the pro-forma gross revenue reaches $88,200 annually.

The renovation delivers contemporary living with modern kitchens, updated bathrooms, and high-quality finishes that respect the building’s historic roots while offering turnkey appeal for today’s tenants. All data is provided as-is and assumed accurate; however, Buyer and Buyer’s Agent must independently confirm all information.
  • Property type

    Apartment

  • Floors

    2

  • Year built

    1855

  • Price/sqft

    $154

Explore the Area

2001 LAHARPE Street, New Orleans, Louisiana, United States View on Google Maps
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Bridgewater Realty Advisors, LLC - Metairie

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Bridgewater Realty Advisors, LLC - Metairie
Louisiana, United States
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30
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2025
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Bridgewater Realty Advisors, LLC - Metairie
Metairie, Louisiana, United States
View agency profile
Last updated
June 5
First listed
Jun 5
Listing reference
2561419
Listing status
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