1201 Canal Street # 562 New Orleans, LA $ 195,000
1201 Canal Street # 562
$ 195,000
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1201 Canal Street # 562

New Orleans, LA, 70112
$ 195,000
Bedrooms2 Baths2.0 Sq 902

Monthly Estimate*

$ 1,201

1201 Canal Street # 562, New Orleans, LA 70112 - Image 1
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1201 Canal Street # 562, New Orleans, LA 70112 - Image 8
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Condo for sale in New Orleans, LA

for $195,000 with 2 bedrooms and 2 full baths. This 902 square foot condo was built in 1920.

Prime investment opportunity in a highly desirable location with strong ROI potential. This spacious condo features soaring 16’ ceilings, an open layout, and excellent natural light—providing an ideal canvas for value-add improvements. Recently updated HVAC offers peace of mind on a major system upgrade. Generous living areas and existing kitchen footprint allow for flexible redesign options to maximize resale or rental performance. Conveniently located near dining, entertainment, and major corridors, supporting long-term tenant and buyer demand. Perfect for investors or buyers seeking upside through cosmetic updates. Rare chance to unlock value in a prime area—bring your vision.

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Condo Active

Price

$ 195,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 0

Style

Contemporary

Year Built

1920

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2540106

Features
Interior
Interior Amenities Ceiling Fan(s) Elevator Granite Counters Stainless Steel Appliances Cable TV
Fireplace Features None
Total Stories 6
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Half Baths 0
Laundry Features Common Area Washer Hookup Dryer Hookup
Total Bedrooms 2
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General
Sewer Public Sewer
Heating Central
Cooling Central Air 1 Unit
Roof Asphalt Flat Shingle
Appliances Dryer Dishwasher Microwave Oven Range Refrigerator Washer
Association Fee Includes Common Areas
Patio/Porch Features Other Pavers Patio
Architectural Style Contemporary
Pool Features Community Salt Water
Security Features Building Security Smoke Detector(s)
Construction Materials Concrete Stucco
Pets Allowed Cats OK Dogs OK Other Pet Restrictions
Year Built 1920
Stories Count 6
Unit Number 562
Property Subtype Condominium
County Orleans
Property Type Residential
Association Amenities Clubhouse
HOA 0
Other Structures Apartment
Total Rooms 6
Full Baths 2
Status Active
Directions Entrance is on Basin St. Right across from Saenger Theater
City New Orleans
Number Of Units Total 233
Home Warranty Y/N 0
Property Condition Average Condition
Standard Status Active
Tax Lot 1/046
Property Sub Type Additional Condominium
Legal Description 1. SQS 124 127 128 PARCELS 1 3 2. 5-10 CANAL BASIN IBERVILLE ET AL 3. UNIT 562 .39%
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Exterior
Exterior Amenities Patio
Parking Features Off Street Parking Available One Space
Lot Features City Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised
Spa 1
Building Area Total 902
Lot Size Acres 0
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* Excluded Features
List By
Keller Williams Realty New Orleans

Broker

kevindrews@kw.com

Email

Affordability Calculator

$1,201
Per Month
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Monthly Principal & Interest
$1,201
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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
1/28/2026$195,000 Listed Price

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1201 Canal Street # 562, New Orleans, LA, 70112 is a Condo for sale at $195,000 with 902 sqft. 1201 Canal Street # 562 has 2 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 70112 which is in New Orleans, LA