2851 Maurepas Street New Orleans, LA $ 599,000
2851 Maurepas Street
$ 599,000
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2851 Maurepas Street

New Orleans, LA, 70119
$ 599,000
Bedrooms8 Baths4.0 Sq 3,244

Monthly Estimate*

$ 3,688

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Multi-Family Home for sale in New Orleans, LA

for $599,000 with 8 bedrooms and 4 full baths. This 3,244 square foot home was built in 1937.

Fully Rented Income Producing Fourplex in Exceptional Fairgrounds/Bayou St. John Location! Unbelievable location for Jazz Fest, “a stone’s throw” from the iconic Fairgrounds. This historic raised-basement style 4plex is rich with charm and character and is fully occupied/rented with long term tenants in all four units with total current rent of $5,700 per month. Three of the units are on month-to-month leases. Each unit features: living area/den, 2 bedrooms (shotgun style), 1 bath, large kitchen, & laundry. Top right & bottom right units both renovated in 2022 w/ central HVAC in top unit and split units in bottom unit!! Coveted X flood zone. Separate electric & gas meters, 1 water meter. The owners have taken great care of the building with great attention to timely upgrades and ongoing maintenance including a brand new roof and updated electrical system. There is a possibility of putting down a grate over existing curb cut to allow parking for a smaller type vehicle, buyer to verify. EXCELLENT OPPORTUNITY!!

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Multi-Family Active

Price

$ 599,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Year Built

1937

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2484065

Features
General
Sewer Public Sewer
Heating Central Window Unit
Cooling Central Air Window Unit(s)
Roof Shingle
Architectural Style Traditional
Pool Features None
Construction Materials Brick Frame Wood Siding
Year Built 1937
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Quadruplex
County Orleans
Property Type Residential Income
Total Rooms 0
Full Baths 4
Status Active
Directions TWO BLOCKS OFF OF ESPLANADE & TWO BLOCKS FAIRGROUNDS SIDE OF GENTILLY BLVD
City New Orleans
Number Of Units Total 4
Year Built Details Resale Remodeled structural changes - all major mechanical systems i.e. HVAC Renovated cosmetic changes of at least 50% total living area - i.e. paint. Brand new roof updated electrical two units hav
Home Warranty Y/N 0
Property Condition Excellent
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description SQ 1562 PT LOT H (as per title)
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Exterior
Exterior Amenities Fence
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised Slab
Lot Dimensions 31' x 79'
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Laundry Features In Unit
Total Bedrooms 8
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* Excluded Features
List By
Fqr Realtors

Broker

RealtorJacobFreedman@gmail.com

Email

Affordability Calculator

$3,688
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,688
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$599,000 -4.16% Price Down
11/11/2025$625,000 -2.19% Price Down
8/21/2025$639,000 -1.54% Price Down
3/21/2025$649,000 -4.42% Price Down
3/9/2025$679,000 -2.86% Price Down
1/24/2025$699,000 Listed Price

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2851 Maurepas Street, New Orleans, LA, 70119 is a Multi-Family Home for sale at $599,000 with 3,244 sqft. 2851 Maurepas Street has 8 bedrooms, 4.0 baths, and was built in 1937. The property's zip code is 70119 which is in New Orleans, LA