728 Desire Street New Orleans, LA ^$ 999,000

728 Desire Street

^$ 999,000

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728 Desire Street

New Orleans, LA, 70117

^$ 999,000

Bedrooms6 Baths6.2 Sq 4,480

Monthly Estimate*

^$ 6,232

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Multi-Family Home for sale in New Orleans, LA

for $999,000 with 6 bedrooms and 6 full baths, 2 half baths. This 4,480 square foot home was built in 2019 on a lot size of 0.1928.

NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.

Multi-Family Active

Price

^$ 999,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1928

Year Built

2019

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2488071

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Asphalt Shingle

Architectural Style Other

Pool Features None

Security Features Closed Circuit Camera(s)

Construction Materials Brick

Year Built 2019

Tenant Pays Electricity Gas

Stories Count 1

Levels One

Property Subtype Apartment

County Orleans

Property Type Residential Income

Energy Efficient Insulation

Subdivision Name Bywater

Total Rooms 0

Full Baths 6

Status Active

City New Orleans

Number Of Units Total 6

Home Warranty Y/N 0

Property Condition Excellent

Standard Status Active

Property Sub Type Additional Apartment

Legal Description SQ 173 LOT X OR 7 DESIRE 70X120 2/STORY BRICK/V 8/APTS C/R

Exterior

Parking Features Off Street Three or more Spaces

Lot Features City Lot Oversized Lot

Water Source Public

Lot Size Area 0.1928

Foundation Details Slab

Lot Dimensions 70 x 120

Lot Size Acres 0.1928

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Half Baths 2

Laundry Features In Unit

Total Bedrooms 6

* Excluded Features

List By

Reve, Realtors

Broker

phillipa@reverealtors.com

Affordability Calculator

$6,232

Per Month

Monthly Principal & Interest: $6,232
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in New Orleans, LA

Average List Price ^$539,090

Percent of Sale Price 46%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/14/2025	$999,000	-2.54%	Price Down
7/28/2025	$1,025,000	-8.89%	Price Down
3/2/2025	$1,125,000		Listed Price

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728 Desire Street, New Orleans, LA, 70117 is a Multi-Family Home for sale at $999,000 with 4,480 sqft and a lot size of 0.1928. 728 Desire Street has 6 bedrooms, 6.2 baths, and was built in 2019. The property's zip code is 70117 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/22/2025.

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728 Desire Street

Multi-Family Home for sale in New Orleans, LA

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