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Luxury Condominium Portfolio

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
3131 N I-10 Service Rd, #101, New Orleans, LA
Listed by Whitney Harrel · License #995714721
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.

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

Apartment buildings

Suggested Use

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

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

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)
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