Addresses:
- 1432-1434 Ursulines Ave. + 1028 N. Villere Street, New Orleans, LA : Triplex
- 1124-1126 Henriette Delille Street, New Orleans, LA : Duplex
- 1128-1130 Henriette Delille Street, New Orleans, LA : Duplex
- 937-939 N. Claiborne Avenue, New Orleans, LA : Duplex
- 1915-1917 Bayou Road, New Orleans, LA : Triplex
- 1919-1921 Bayou Road, New Orleans, LA : Duplex
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.
List Price: $1,799,000
Total Income: $72,600
Total GBA: 12,011 SF
For further listing details, please contact Rebecca Waxman 504-261-6867 or Cameron Griffin 504-535-5680
Offering Memorandum – Value Add Investment Portfolio 5.27.25