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    Historic Two-Wing Marigny Residence Title is generated by Realmo AI

    708 MANDEVILLE Street, New Orleans, LA 70117

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    Claim this Listing
    Pending
    $549,900

    COMMERCIAL - New Orleans, LA

    Property size:
    2,368 SF
    Added:
    Jun 18, 2026
    Days on Market:
    21
    Last Refresh:
    Jul 8 at 2:06 am

    Property Features for 708 MANDEVILLE Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    HMR-3
    Standard status
    Pending
    APN
    708-MANDEVILLEST
    Size
    2,368 SF

    Taxes and HOA fees

    Tax Description
    1. SQ 162 LOT C OR LOT 20 2. MANDEVILLE 31X128 3. DBL/BR/V 11/RM S/R

    Utilities

    Water source
    Public

    Building Details

    Year built
    1836
    Floors in Building
    1

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    Michael Styles
    Michael Styles

    Listing agent Michael Styles License #995690479

    Listing office Keller Williams Realty New Orleans 8601 Leake Ave., New Orleans, LA

    Listing date Jun 18, 2026

    MLS# 2563673

    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

    • Built in 1836 with Public water service
    • 6‑bedroom, 6‑bath home with over 2,300 sq ft of living space
    • Flexible two‑wing layout with defined spaces for guests, work, or separate living areas
    • Side entrance and two‑wing setup for private retreat plus adaptable second wing (office, studio, gym, media, or guest quarters)
    • Private outdoor space
    • Preferred flood zone X between the French Quarter and Bywater, with easy interstate access

    Overview

    Built in the 1830s, 708 Mandeville is a historic Marigny home designed with a flexible two-wing layout and defined spaces that suit everyday living. The property offers six bedrooms and six baths, with a configuration that can separate guest, work, and living areas rather than forcing all rooms into pass-through flow. A side entrance adds additional convenience and flexibility for how the home can be used day to day. The home also includes private outdoor space.

    The property is zoned HMR-3 and is described as being in flood zone X. It’s positioned between the French Quarter and Bywater, with easy interstate access. The listing notes proximity to Orange Couch, Who Dat Coffee Cafe, The Elysian Bar at Hotel Peter & Paul, Frenchmen Street, and Crescent Park, placing a range of dining, music, and entertainment within the surrounding Marigny area.

    For tenants, buyers, or operators looking for a residence with practical room to spread out, the two-wing design supports a range of uses. One side can serve as a private retreat while the other can function as guest quarters, a home office, studio, gym, media room, or additional living space. Combined with the side entrance and private outdoor area, the layout is built to accommodate both hosting and day-to-day privacy.

    Local Financial Insights For Apartment 5plus

    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 $55.1k $23.28
    − Vacancy −$5.0k −$2.12
    EGI $50.1k $21.16
    − OpEx −$22.5k −$9.52
    NOI $27.6k $11.64
    2,368 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $393.7K
    $344.5K – $459.4K (±1% cap)
    NOI $27,561 @ 7.0% cap · market cap 5.01%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $601.9K
    $526.6K – $702.2K (±1% cap)
    NOI $42,131 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Dental Office Kitchen & Bath Showroom Daycare Center HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Accounting Firm Acupuncture (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0541887
    Latitude
    29.9650062

    FAQs

    What type of property is this?
    Single family property - 1830s six-bedroom, six-bath home with private outdoor space and flexible two-wing layout plus side entrance.
    Where is this single family property located?
    The property is located at 708 MANDEVILLE Street New Orleans, LA.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: Built in 1836 with Public water service; 6‑bedroom, 6‑bath home with over 2,300 sq ft of living space; Flexible two‑wing layout with defined spaces for guests, work, or separate living areas
    More about this property
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