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    Historic Victorian Shotgun Double Title is generated by Realmo AI

    522 VERRET Street, New Orleans, LA 70114

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    Claim this Listing
    For Sale
    $345,000

    MULTI_FAMILY - New Orleans, LA

    Property size:
    1,820 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $189/SF
    Added:
    Mar 12, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 12 at 3:06 am

    Property Features for 522 VERRET Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Patio and Porch features
    Porch
    Exterior features
    Courtyard, Fence, Porch
    Fencing
    Fenced
    Standard status
    Active
    APN
    513109316
    Size
    1,820 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Description
    SQ 93 LOT 19 31 X 114/116 522/524 VERRET

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1
    Number of units
    2
    Architectural style
    Other

    We can help!

    Listing Contact
    Sybil Orr

    Listing agent Sybil Orr License #000077143

    Listing office KELLER WILLIAMS REALTY 455-0100 3500 N Causeway Blvd Suite 350, Metairie, LA

    Listing date Mar 12, 2026

    MLS# 2547345 Listing URL

    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

    • Historic Victorian Shotgun Double in Algiers Point: A rare find with ornate brackets and freshly painted exterior.
    • Two Units with Individual Utilities: Excellent for rental income or owner‑occupied with separate metering for energy efficiency.
    • Prime Location: Walking distance to grocery store, school, parks, levee, and ferry landing in a quiet neighborhood.
    • Well‑Maintained with Modern Amenities: Includes energy‑efficient windows, central A/C and heat on each side, and updated features.
    • Spacious Interiors: Features beautiful wood floors, decorative fireplace mantels, 12‑foot high ceilings (10‑foot in second unit), and large closets.
    • Outdoor Space: Includes a courtyard with shade tree, storage shed, and fenced backyard.

    Overview

    Located in Algiers Point, this historic Victorian Shotgun Double features ornate brackets and a freshly painted exterior. The property, a rare find, includes energy-efficient windows and central A/C and heat for each side, with utilities metered individually, and water on one source. A wrought iron fence fronts the raised home, which has a covered concrete front porch and sturdy railings. Solid wood entry doors open to wood floors, decorative fireplace mantels, and 12-foot high ceilings, with spacious rooms and windows. Bedrooms feature large closets. The owner has maintained the property. The courtyard in back has a shade tree, storage shed, and fenced backyard. The second unit has 10-foot ceilings and attic access, and has been freshly painted. Both units have similar floorplans. Situated on a paved street, the location is within walking distance to a grocery store, school, parks, levee, and ferry landing. The property, with a size of 1820 square feet and a lot size of 0.0838 acres, is located in a quiet area with many homeowners on the block. It is suitable for rental or owner occupancy. Historic tax credits may be available at both the state and federal levels. Financing options are available. The property is ready to move into or rent.

    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 $36.0k $19.80
    − Vacancy −$3.1k −$1.71
    EGI $32.9k $18.09
    − OpEx −$9.9k −$5.43
    NOI $23.0k $12.66
    1,820 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $329.2K
    $288.1K – $384.1K (±1% cap)
    NOI $23,046 @ 7.0% cap · market cap 6.68%
    Second Best
    Apartment 5plus
    $302.6K
    $264.8K – $353.1K (±1% cap)
    NOI $21,183 @ 7.0% cap · market cap 6.14%
    Theoretical Best
    Office A
    $462.6K
    $404.8K – $539.7K (±1% cap)
    NOI $32,381 @ 7.0% cap · market cap 9.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.050528
    Latitude
    29.950372

    FAQs

    What type of property is this?
    Duplex - Algiers Point double with ornate brackets and updated features.
    Where is this duplex located?
    The property is located at 522 VERRET Street New Orleans, LA.
    What is the asking price?
    The asking price for this property is $345,000.
    What are key features of this property?
    This property features: Historic Victorian Shotgun Double in Algiers Point: A rare find with ornate brackets and freshly painted exterior.; Two Units with Individual Utilities: Excellent for rental income or owner‑occupied with separate metering for energy efficiency.; Prime Location: Walking distance to grocery store, school, parks, levee, and ferry landing in a quiet neighborhood.
    More about this property
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