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    418 Pelican Ave, Unit G New Orleans, LA 70114

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    For Sale
    $169,500

    Two-bedroom condo in historic Algiers Point, New Orleans.

    Property Features for 418 Pelican Ave

    General Information

    Exterior features
    exterior_features, : ["Asphalt", "Shingle"]
    Interior features
    Interior Feature 1, : "Central", "Interior Feature 2": "Central Air", "Interior Feature 3": "1 Unit", "Interior Feature 4": "Dishwasher", "Interior Feature 5": "Oven", "Interior Feature 6": "Range", "Interior Feature 7": "Refrigerator"

    Building Details

    Year built
    1962

    Source: Shelnutt Real Estate Enterprises Agent Shelnutt Real Estate Enterprises

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Algiers Point Two-Bedroom Condo

    This two-bedroom, one-bathroom condo is located in the historic Algiers Point neighborhood. The unit has been recently painted. The condo association is well maintained. Nearby are Barracuda Taco, Congregation Coffee, the Crown and Anchor Pub, Nighthawk, the Dry Dock, and the Old Point Bar. The Canal Street Ferry provides access to the French Quarter and CBD.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store 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
    -90.051985
    Latitude
    29.9528303

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    FAQs

    What type of property is this?
    Apartment building - Two-bedroom condo in historic Algiers Point, New Orleans.
    Where is this apartment building located?
    The property is located at 418 Pelican Ave, Unit G New Orleans, LA.
    What is the asking price?
    The asking price for this property is $169,500.
    What are key features of this property?
    This property features: - Prime location in historic Algiers Point, steps away from popular restaurants, bars, and coffee shops.; - Convenient access to the French Quarter and CBD via the Canal Street Ferry.; - Includes dishwasher, oven, range, and refrigerator.
    Request Owner's contact information
    418 Pelican Ave, Unit G New Orleans, LA 70114
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    New Orleans, LA 70114
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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
    418 Pelican Ave, Unit G New Orleans, LA 70114
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