Value Add Investment Portfolio 6 Properties Offered at $1,600,000 in New Orleans, LA

EXECUTIVE SUMMARY

This portfolio of seven historic New Orleans properties offers a compelling value-add investment opportunity for buyers or investors eager to restore classic homes in vibrant, sought-after neighborhoods. Featuring a Tremé corner lot with a shotgun double and a detached one-bedroom home, two shotgun doubles on Henriette Delille St. just one block from the French Quarter, a corner-lot double on N. Claiborne Avenue, and a Bayou Road double & triplex with stained glass, these properties boast high ceilings, original fireplaces, and timeless New Orleans charm. Strategic locations provide easy access to the French Quarter, Louis Armstrong Park, the Superdome, Marigny, and local cafes. While several units, including one severely damaged by Hurricane Ida and another needing full renovation, require repairs, the portfolio includes vacant units available for lease, offering immediate income potential. Recent upgrades, such as a new roof on one property, provide a solid foundation for renovations. With their historic character and prime locations, these properties present a unique chance to revitalize New Orleans’ architectural heritage while generating value through owner-occupancy or rental income.

PROPERTY FACTS

Price $1,600,000
Price / SF $160.97 / SF
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 9,940 SF
Total Land Area 0.34 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1124 Henriette Delille St, New Orleans, LA 70116 Land - - -
1915 Bayou Rd, New Orleans, LA 70116 Multifamily 2,255 SF 1920 -
937 N Claiborne Ave, New Orleans, LA 70116 Multifamily 2,047 SF 1940 -
1128 Henriette Delille St, New Orleans, LA 70116 Multifamily 2,020 SF 1920 -
1432 Ursulines Ave, New Orleans, LA 70116 Multifamily 1,888 SF 1920 -
1919 Bayou Rd, New Orleans, LA 70116 Multifamily 1,730 SF 1920 -
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  • Listing ID: 35968272

  • Date on Market: 5/23/2025

  • Last Updated:

  • Address: Value Add Investment Portfolio, New Orleans, LA