2846 GRAND ROUTE SAINT JOHN Street, New Orleans, LA 70119
- Added:
- Mar 27, 2026
- Days on Market:
- 78
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 2846 GRAND ROUTE SAINT JOHN Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 37W300604
- Size
- 4,069 SF
Taxes and HOA fees
- Tax Description
- SQ 1528 LOT C PT 17 GRAND RT E ST JOHN 30X125 ALO LOT C P T-18 PER ASSESSMENT ROLLS RAISE DBLE/FR 5/REA SIDE A/ R& BASE/APT 5/RMS EA A/R
Utilities
- Heating system
- Central, Ductless (Heating), Other (Heating)
- Cooling system
- Wall Unit(s), Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1917
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Aaron Dare License #995681183 (504) 899-8666
Listing office Crane Realtors 138 N Cortez Street, New Orleans, LA (504) 210-2014
Listing date Mar 27, 2026
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location near Jazz Fest, Fairgrounds, Bayou St. John, and City Park, walkable to restaurants and shops.
- Fourplex offers income potential as a solid investment or owner‑occupant opportunity.
- Features four distinct units, including two upstairs shotgun‑style units and two downstairs units, one a large unit and the other a studio.
- Oversized backyard with green space and a storage shed.
- Two off‑street parking spots for added convenience.
- New A/C unit in one of the upper units for improved comfort and efficiency.
Overview
The property is set along Grand Route St. John in Faubourg St John, just steps from Jazz Fest and the Fairgrounds. It is also within a short walk or bike to Bayou St. John and City Park, with nearby restaurants and coffee shops along Esplanade Ave.
On the grounds, an oversized “L” shaped creates a large backyard area that includes a storage shed, while two off-street parking spots provide daily convenience. A new A/C unit has been added for the upper right unit, supporting comfort across the building. With a mix of upstairs and downstairs configurations, the layout can suit owner-occupant or income-focused buyers looking for a multi-unit property with both outdoor and parking utility.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.6k | $19.80 |
| − Vacancy | −$7.0k | −$1.71 |
| EGI | $73.6k | $18.09 |
| − OpEx | −$22.1k | −$5.43 |
| NOI | $51.5k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.07912
- Latitude
- 29.979429
