5402 St Charles Avenue New Orleans, LA $ 6,000,000
5402 St Charles Avenue
$ 6,000,000
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5402 St Charles Avenue

New Orleans, LA, 70115
$ 6,000,000
Bedrooms36 Baths28.0 Sq 27,000

Monthly Estimate*

$ 37,432

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Multi-Family Home for sale in New Orleans, LA

for $6,000,000 with 36 bedrooms and 28 full baths. This 27,000 square foot home was built in 1943 on a lot size of 0.7342.

Prime Uptown Location – Long-Term Investment Opportunity! Rare offering in one of New Orleans’ most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe’s. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!

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Multi-Family Active

Price

$ 6,000,000

Bedrooms

36

Full Bath

28

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.7342

Year Built

1943

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2502512

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air Ductless Window Unit(s) Wall Unit(s)
Roof Slate
Architectural Style Traditional
Construction Materials Block Concrete
Year Built 1943
Tenant Pays Electricity
Stories Count 3
Levels Three Or More
Property Subtype Apartment
County Orleans
Property Type Residential Income
Total Rooms 0
Full Baths 28
Status Active
City New Orleans
Number Of Units Total 0
Property Condition Very Good Condition
Standard Status Active
Property Sub Type Additional Apartment
Legal Description SQ 403 LOTS 1 2 4 PT 3 C 80/135X287/308 5402-06 ST CHAS & 1578-98 JEFF 3 STY-B-27 APTS FILE #48006
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Exterior
Parking Features Assigned
Lot Features City Lot Oversized Lot
Water Source Public
Lot Size Area 0.7342
Foundation Details Slab
Lot Dimensions 80X135/287X308
Lot Size Acres 0.7342
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 36
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* Excluded Features
List By
Latter & Blum (Latt07)

Broker

john.weil@compass.com

Email

Affordability Calculator

$37,432
Per Month
100%
0%
0%
Monthly Principal & Interest
$37,432
Monthly Property Taxes
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Monthly Home Insurance
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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
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2025$6,000,000 -3.23% Price Down
9/9/2025$6,200,000 -7.46% Price Down
5/20/2025$6,700,000 Listed Price

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5402 St Charles Avenue, New Orleans, LA, 70115 is a Multi-Family Home for sale at $6,000,000 with 27,000 sqft and a lot size of 0.7342. 5402 St Charles Avenue has 36 bedrooms, 28.0 baths, and was built in 1943. The property's zip code is 70115 which is in New Orleans, LA