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 | - |
1 of 1