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Renovated Triplex in Historic Bywater
For Sale
Contact for pricing
Pending

640 Pauline St, New Orleans, LA 70117

Renovated triplex in Bywater near Crescent Park.

Property SizeContact for details
Days on Market142

Property Features for 640 Pauline St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Burk Brokerage LLC
Listed By: GiGi Burk · License #LA
Source: Crexi
Added: Apr 12 Changed: Aug 15 Last Checked: Aug 31 at 12:54AM

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 Burk Brokerage LLC

Investment Insights

Based on property information with market context.

This is an investment opportunity to acquire a beautifully renovated triplex located on the corner of Royal and Pauline Streets in the historic Bywater neighborhood. The property features two units with one bedroom and one full bathroom each, along with a separate unit offering three bedrooms and two and a half bathrooms. Original hardwood floors complement the barge board wall. High ceilings and windows allow natural light to illuminate the stainless steel appliances and white kitchen cabinets. Situated one block from Crescent Park, the property provides unique access to this area. The property is suitable for long-term rental, short-term rental, or Airbnb, offering an owner-occupy scenario.

Key Highlights

  • Renovated Triplex in Historic Bywater
  • Investment Opportunity: Long Term Rental, STR, or Airbnb
  • Unique Access: 1 Block to Crescent Park

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Skin Care Clinic Building Supply Electrical Service Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

998
Businesses Nearby

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Renovated triplex in Bywater near Crescent Park.
Where is this triplex located?
The property is located at 640 Pauline St New Orleans, LA.
What are key features of this property?
This property features: Renovated Triplex in Historic Bywater; Investment Opportunity: Long Term Rental, STR, or Airbnb; Unique Access: 1 Block to Crescent Park
(504) 416-2244 Call to check price and availability
More about this property
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