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Renovated Mixed-Use Income Building

315 DECATUR Street New Orleans, LA 70130

315 DECATUR Street, New Orleans, LA, 70130
$2,550,000
For Sale
$2,550,000

Renovated building offers five residential units plus a street-front commercial unit currently occupied by a tour booking company.

Days on Market406

Property Features for 315 DECATUR Street

General Information

Standard status
Active

Building Details

Year Built
1870
Listing agency FQR Realtors
Listed by Andrew Grafe · License #995682122
Source Talbot-realty
Added: Jun 11, 2025 Updated: Jul 20 at 7:00PM Checked: Jul 21 at 3:04AM

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 FQR Realtors


Investment Insights

Based on property information with market context.

Renovated in 2016, this mixed-use income building includes five residential units and one commercial street-fronting unit. The residential mix features two 2 bed/2 bath units, two 1 bed/1 bath units, and one 3 bed/2.5 bath multi-level unit between the first and second floors. The larger residential unit includes an in-ground pool and a courtyard, while the street-facing units feature balconies. All residential units are described as having independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors, and large closets.

The commercial unit is a 700 sq ft space with a half-bath and is currently occupied by a tour booking company. The property is offered with VCE-1 zoning, and the most recent gross rental amount was reported at $19,600/month with 100% occupancy.

Key Highlights

  • Renovated 1870 building with 5 residential units plus 1 street‑front commercial unit
  • Unit mix: Two 2BD/2BA, two 1BD/1BA, one 3BD/2.5BA, and a 700 SF commercial unit with half‑bath
  • Most recent gross rent with 100% occupancy: $19,600/month

Property Analytics

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Daycare Center Auto Parts Store Home Appliance Store HVAC Service Locksmith Kitchen & Bath Showroom Garden Center (Bike/Boat/Book/etc) Store Dental Office Nursing Home

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

FAQs

What type of property is this?
Apartment building - Renovated building offers five residential units plus a street-front commercial unit currently occupied by a tour booking company.
Where is this apartment building located?
The property is located at 315 DECATUR Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Renovated 1870 building with 5 residential units plus 1 street‑front commercial unit; Unit mix: Two 2BD/2BA, two 1BD/1BA, one 3BD/2.5BA, and a 700 SF commercial unit with half‑bath; Most recent gross rent with 100% occupancy: $19,600/month
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