Luxury Condominium
818 BOURBON Street New Orleans, LA 70112
818 BOURBON Street, New Orleans, LA, 70112
$3,500,000
For Sale
$3,500,000
MULTI_FAMILY - New Orleans, LA
Property Size6,214 SF
Price / SF$563.24
Days on Market61
Property Features for 818 BOURBON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Exterior features
- Balcony, Courtyard
- Standard status
- Active
- APN
- 58
- Size
- 6,214 SF
Taxes and HOA fees
- Tax Description
- 1. SQ 58 LOT 18 BOURBON ST 2. 32X127 3. 818 BOURBON ST
Utilities
- Heating system
- Ductless (Heating), Central, Other (Heating)
- Cooling system
- Central Air, Ductless, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1837
- Floors in Building
- 3
- Number of units
- 8
- Roof type
- Slate
- Architectural style
- Colonial
Listing Agency
Homesmart Realty South
(504) 908-7653
3131 N I-10 Service Rd, #101, New Orleans, LA
Listed by
Whitney Harrel · License #995714721
(504) 908-5037
Added: May 19 Checked: Jul 18 at 6:06 am
MLS# 2558863
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.
Investment Insights
Based on property information with market context.
818 Bourbon Street presents a luxury condominium portfolio opportunity featuring eight legal condominium residences. Interiors are described as modern, with updated kitchens and baths, and each unit includes an in-unit washer/dryer for added convenience. The property also includes a shared courtyard, and there is a signature second-floor Bourbon Street balcony associated with Unit 2A.
Recent improvements include a new slate roof, and approximately $1,000,000 has been invested in renovations and condominium conversion. The unit mix includes courtyard-facing residences as well as the Bourbon Street balcony unit. Current performance reflects rental income of more than $17,000 per month. Details on a seller-retained interest are available upon request, including that the seller owns seven condominium units and retains an interest in an existing Bond for Deed agreement affecting Unit 2C.
This setup offers multiple paths for ownership, including investment hold, owner-occupancy, or the potential for future individual unit sales depending on the buyer’s strategy. For operators or buyers seeking a turnkey-style residential income portfolio with contemporary in-unit amenities, the combination of courtyard and balcony configurations may provide attractive day-to-day tenant appeal.
Recent improvements include a new slate roof, and approximately $1,000,000 has been invested in renovations and condominium conversion. The unit mix includes courtyard-facing residences as well as the Bourbon Street balcony unit. Current performance reflects rental income of more than $17,000 per month. Details on a seller-retained interest are available upon request, including that the seller owns seven condominium units and retains an interest in an existing Bond for Deed agreement affecting Unit 2C.
This setup offers multiple paths for ownership, including investment hold, owner-occupancy, or the potential for future individual unit sales depending on the buyer’s strategy. For operators or buyers seeking a turnkey-style residential income portfolio with contemporary in-unit amenities, the combination of courtyard and balcony configurations may provide attractive day-to-day tenant appeal.
Key Highlights
- 8 legal condominium residences in the French Quarter on the iconic 800 block of Bourbon Street
- New slate roof on the condominium portfolio
- Unit mix includes courtyard‑facing residences plus a Bourbon Street balcony unit (Unit 2A)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Eight legal condominium residences with in-unit washer/dryers and updated kitchens and baths, currently producing over $17,000 monthly.
Where is this apartment building located?
The property is located at 818 BOURBON Street New Orleans, LA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 8 legal condominium residences in the French Quarter on the iconic 800 block of Bourbon Street; New slate roof on the condominium portfolio; Unit mix includes courtyard‑facing residences plus a Bourbon Street balcony unit (Unit 2A)