810 Orleans St New Orleans, LA 70116
This exceptional 1890s French Quarter apartment building presents a unique investment opportunity. Located at 810 Orleans Street, New Orleans, LA 70116, this property boasts a prime location just steps from Bourbon Street. The single-story building, encompassing 1,031 square feet, sits on a 0.04-acre lot (1,612 square feet) and is zoned VCR-1. The asking price is $850,000, translating to $824.44 per square foot. The building features one apartment and offers one parking space. Recent improvements include a new roof, ensuring long-term value and minimal maintenance concerns. Its historic character and highly desirable location in the heart of the French Quarter make this a strong contender for both short-term and long-term rental income. The property's compact size and convenient location offer significant potential for high occupancy rates and strong rental returns. The building's solid construction and recent upgrades combine to create a low-risk, high-reward investment opportunity in one of New Orleans' most sought-after neighborhoods. The property's APN is 207102518. This is a rare chance to acquire a piece of New Orleans history with significant income potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.