2638 New Orleans Street New Orleans, LA $ 435,000
2638 New Orleans Street
$ 435,000
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2638 New Orleans Street

New Orleans, LA, 70119
$ 435,000
Bedrooms-- Baths-- Sq 3,800

Monthly Estimate*

$ 2,714

2638 New Orleans Street, New Orleans, LA 70119 - Image 1
2638 New Orleans Street, New Orleans, LA 70119 - Image 2
2638 New Orleans Street, New Orleans, LA 70119 - Image 3
2638 New Orleans Street, New Orleans, LA 70119 - Image 4
2638 New Orleans Street, New Orleans, LA 70119 - Image 5
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2638 New Orleans Street, New Orleans, LA 70119 - Image 8
2638 New Orleans Street, New Orleans, LA 70119 - Image 9
2638 New Orleans Street, New Orleans, LA 70119 - Image 10
2638 New Orleans Street, New Orleans, LA 70119 - Image 11
2638 New Orleans Street, New Orleans, LA 70119 - Image 12
2638 New Orleans Street, New Orleans, LA 70119 - Image 13
2638 New Orleans Street, New Orleans, LA 70119 - Image 14
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Commercial Property for sale in New Orleans, LA

for $435,000. This 3,800 square foot building was built in 1940 on a lot size of 0.074.

One property, four income streams, endless opportunity. Prime investment opportunity Located in the 7th w/d featuring both income-producing and value-add potential. Liquor License. The ground floor commercial space is currently operating as a bar with rental income of $1,600/month, with market potential up to $2,500/month. This versatile space includes two bathrooms and a full kitchen, easy conversion into a restaurant or other food/beverage concept. Upstairs, you’ll find two 2-bedroom, 1-bath units—both in need of renovation—each with a projected rental income of $1,375/month after updates. Additionally, the property includes a separate 1-bedroom studio unit in a stand-alone house, potential rent $1,000/month -need renovations. With multiple income streams and opportunities to increase rental rates, this property is investors looking to maximize returns in a sought-after location.

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Commercial Active

Price

$ 435,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.074

Year Built

1940

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2516807

Features
General
Sewer Public Sewer
Zoning HU-RD2
Construction Materials Stucco Wood Siding
Year Built 1940
Tenant Pays All Utilities Janitorial Service
Stories Count 2
Levels Two
County Orleans
Property Type Commercial Sale
Other Structures Living Quarters
Total Rooms 0
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use Other
Standard Status Active
Tax Lot LOT14
Legal Description SQ 1505 LOT 14 NEW ORLEANS AND HOPE 31 X 104 2/STORY BLDG - BAR DOWN AND 2/APTS 4/R EA SIDE AND SGLE/ FR 4/RM UP A/R SEE E REC
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Exterior
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.074
Building Area Total 3800
Lot Dimensions 110x 35
Lot Size Acres 0.074
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Quintessential Realty, Llc

Broker

Askashhen@gmail.com

Email

Affordability Calculator

$2,714
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,714
Monthly Property Taxes
--
Monthly 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
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2025$435,000 Listed Price

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2638 New Orleans Street, New Orleans, LA, 70119 is a Commercial Property for sale at $435,000 with 3,800 sqft and a lot size of 0.074. 2638 New Orleans Street was built in 1940. The property's zip code is 70119 which is in New Orleans, LA