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    2117 Montegut St New Orleans, LA 70117

    For Sale
    $70,000

    Vacant Land - New Orleans, LA

    Lot size:
    0.23 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 2117 Montegut St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res/Co
    Lot size
    0.23 Acres

    Building Details

    Architectural style
    Other

    Down the Road Partners (504) 207-2007 [email protected]

    Listing agent Kim Thomas (504) 207-2007

    Listing date Jun 29, 2025

    MLS# 2509583 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Parcel Near Downtown

    This vacant land parcel, totaling 0.2256 acres, is zoned for residential or multifamily use and is located minutes from downtown, the Bywater, and the St. Claude corridor. The property is suitable for new affordable construction, for rental or resale of doubles or singles, or for building a modern, tech-savvy warehouse. The land may be able to accommodate the construction of 2 or 3 doubles to maximize cash flow. It is tailored for savvy investors looking for a quick flip or long-term value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0426955
    Latitude
    29.9786063

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    FAQs

    What type of property is this?
    Land - Vacant land suitable for residential or commercial development near downtown.
    Where is this land located?
    The property is located at 2117 Montegut St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Large lot size (nearly .25 acres) suitable for development.; - Zoned for residential or multifamily use, offering flexible building options.; - Potential to build multiple units (2-3 doubles) for increased cash flow.
    (504) 207-2007
    Request Owner's contact information
    2117 Montegut St New Orleans, LA 70117
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    New Orleans, LA 70117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2117 Montegut St New Orleans, LA 70117
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