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Condominium Portfolio with Shared Courtyard
New
For Sale
$2,995,000

818 Bourbon St, New Orleans, LA 70112

Historic Bourbon Street multifamily property with contemporary interiors, private balconies, and in-unit laundry.

Property Size6,214 SF
Price / SF$481.98
Days on Market4

Property Features for 818 Bourbon St

General Information

Standard status Active
Size 6,214 SF
Property subtype Multi-Family

Additional Details

Gross Income $192,000
Multifamily Units 7

Amenities

shared courtyard
in-unit washer/dryers

Building Details

Year Built 1837
Listing Agency: Homesmart Realty South
Listed By: Whitney Harrel · License #995714721
Source: Fiorellaavenue
Added: Aug 30 Changed: Aug 31 Last Checked: Sep 1 at 9:46PM

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 Homesmart Realty South

Investment Insights

Based on property information with market context.

Located at 818 Bourbon Street in New Orleans, this multifamily condominium portfolio occupies a historic property built in 1837. The residences feature contemporary interiors, updated kitchens and baths, in-unit washer/dryers, and luxury bath finishes. A new slate roof and condominium conversion complement the interior improvements.

The property includes a shared courtyard and a residence with a second-floor balcony overlooking Bourbon Street. Courtyard-facing residences provide an additional layout feature within the portfolio. The condominium configuration supports owner occupancy, continued rental use, or future individual unit sales, as described for the property. Its French Quarter setting places the asset directly on the 800 block of Bourbon Street.

Key Highlights

  • Multifamily condominium portfolio at 818 Bourbon St, New Orleans, LA 70112
  • Historic property built in 1837
  • Shared courtyard with courtyard‑facing residences

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Home Appliance Store HVAC Service (Bike/Boat/Book/etc) Store Locksmith Daycare Center Pet Grooming Service

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

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

6,171
Businesses Nearby

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
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?
Multifamily property - Historic Bourbon Street multifamily property with contemporary interiors, private balconies, and in-unit laundry.
Where is this multifamily property located?
The property is located at 818 Bourbon St New Orleans, LA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Multifamily condominium portfolio at 818 Bourbon St, New Orleans, LA 70112; Historic property built in 1837; Shared courtyard with courtyard‑facing residences
More about this property
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