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5-Unit Short-Term Rental Apartment Building
For Sale
Contact for pricing
Pending

1515 Calliope St, New Orleans, LA 70130

Multifamily property with licensed short-term rental units, a penthouse terrace, and fenced off-street parking.

Property SizeContact for details
Days on Market145

Property Features for 1515 Calliope St

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

Units

Unit Mix 4 x 3BR/1BA, 1 x 3BR/2BA
Multifamily Units 5

Building Details

Buildings 1
Listing Agency: Talbot Realty Group
Listed By: Bobby Talbot · License #LA 0000006978
Source: Crexi
Added: Apr 11 Changed: Sep 1 Last Checked: Sep 1 at 6:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Talbot Realty Group

Investment Insights

Based on property information with market context.

This five-unit apartment property includes four 3 BR-1BA residences and a 3 BR-2BA penthouse with a private terrace area. Four apartments hold short-term rental licenses, while the owner currently occupies the penthouse, which could be made available for lease. Hosteeva has been retained to promote the short-term rental units.

The property is at 1515 Calliope St in New Orleans’ CBD, near The National World War II Museum. Three off-street parking spaces are enclosed within a fence, adding dedicated parking to the multifamily configuration.

Key Highlights

  • Five residential units: four 3 BR‑1BA apartments and one 3 BR‑2BA penthouse
  • Four units have short‑term rental licenses
  • Penthouse includes a terrace area

Property Analytics

Current Use

Tise Plaza Suites- ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Tanning Salon Pet Grooming Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

5,715
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with licensed short-term rental units, a penthouse terrace, and fenced off-street parking.
Where is this apartment building located?
The property is located at 1515 Calliope St New Orleans, LA.
What are key features of this property?
This property features: Five residential units: four 3 BR‑1BA apartments and one 3 BR‑2BA penthouse; Four units have short‑term rental licenses; Penthouse includes a terrace area
(504) 237-1266 Call to check price and availability
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