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    Bywater Double Shotgun with Updates Title is generated by Realmo AI

    914 CONGRESS Street, New Orleans, LA 70117

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    Claim this Listing
    For Sale
    $300,000

    MULTI_FAMILY - New Orleans, LA

    Property size:
    1,412 SF
    Price / SF:
    $212/SF
    Added:
    Mar 9, 2026
    Days on Market:
    96
    Last Refresh:
    Jun 12 at 9:06 am

    Property Features for 914 CONGRESS Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Exterior features
    Fence, Porch
    Fencing
    Fenced
    Standard status
    Active
    APN
    3
    Size
    1,412 SF

    Taxes and HOA fees

    Tax Description
    SQ 287 LOT 3 OR 6 CONGRESS 45X95 DBLE 10/RM A/R 914-16 CONGRESS ST

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Aaron Dare

    Listing agent Aaron Dare License #995681183

    Listing office Crane Realtors 138 N Cortez Street, New Orleans, LA

    Listing date Mar 9, 2026

    MLS# 2544346 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.

    HighLights

    • Classic double shotgun with traditional front‑to‑back layout for connected living and dining spaces
    • Each unit includes an eat‑in kitchen with gas range oven, full bathroom, and in‑unit laundry
    • Fenced property with porch and a large backyard split into designated outdoor space for each unit
    • 914 features a deck and off‑street parking on that side; driveway parking available
    • Natural gas heating, window A/C units, and shingle roof; original wood floors and decorative cased openings
    • Roof installed in 2026; located in flood zone X with flood insurance currently under $1,000 per year

    Overview

    Located in the heart of the Bywater, this classic double shotgun blends historic charm with practical updates in one of the city's most walkable neighborhoods. The traditional front-to-back shotgun double layout creates an open, connected feel throughout the living and dining spaces, while natural light pours in through the updated windows. Original wood floors, picture molding, and decorative cased openings fill the spaces with character and architectural appeal. Each unit offers an eat-in kitchen with a gas range oven and a full bathroom, along with the convenience of in-unit laundry. A large rear door opens to a generous backyard that is divided, allowing each unit to enjoy its own designated outdoor space. One unit has a nice deck and off-street parking. The property is located just blocks from neighborhood restaurants, coffee shops, and local favorites. This property presents a strong opportunity for investors or buyers looking to procure a well-located Bywater property with lasting appeal. Located in flood zone X, this property has cheap flood insurance that is currently under $1,000 per year. The property size is 1412 square feet. A new roof was installed in 2026.

    Local Financial Insights For Multifamily LT 5

    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 $28.0k $19.80
    − Vacancy −$2.4k −$1.71
    EGI $25.5k $18.09
    − OpEx −$7.7k −$5.43
    NOI $17.9k $12.66
    1,412 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $255.4K
    $223.5K – $298.0K (±1% cap)
    NOI $17,879 @ 7.0% cap · market cap 5.96%
    Second Best
    Apartment 5plus
    $234.8K
    $205.4K – $273.9K (±1% cap)
    NOI $16,434 @ 7.0% cap · market cap 5.48%
    Theoretical Best
    Office A
    $358.9K
    $314.0K – $418.7K (±1% cap)
    NOI $25,122 @ 7.0% cap · market cap 8.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.039573
    Latitude
    29.964614

    FAQs

    What type of property is this?
    Duplex - Classic New Orleans double in walkable Bywater neighborhood.
    Where is this duplex located?
    The property is located at 914 CONGRESS Street New Orleans, LA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Classic double shotgun with traditional front‑to‑back layout for connected living and dining spaces; Each unit includes an eat‑in kitchen with gas range oven, full bathroom, and in‑unit laundry; Fenced property with porch and a large backyard split into designated outdoor space for each unit
    More about this property
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