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2614 Banks Street New Orleans, LA $ 475,000
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2614 Banks Street
$ 475,000
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2614 Banks Street

New Orleans, LA, 70119
$ 475,000
Bedrooms5 Baths2.1 Sq 1,627

Monthly Estimate*

$ 2,925

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Commercial Property for sale in New Orleans, LA

for $475,000 with 5 bedrooms and 2 full baths, 1 half bath. This 1,627 square foot building was built in 1936 on a lot size of 0.0526.

Excellent Mid-City investment opportunity on a lovely, oak-lined stretch of Banks Street. Located two blocks from the thriving and expanding BioDistrict New Orleans, one block from the new Trader Joe’s, and minutes to Downtown and the French Quarter. This renovated 5-bedroom, 2.5-bath property is commercially zoned MU-1 and currently operates as a successful Commercial Short-Term Rental (CSTR), generating approximately $85,000 annually. An active, transferable CSTR permit is in place. Renovated three years ago, the home features new Hardie siding, recent foundation and pier work, durable and low maintenance vinyl plank flooring, and an inviting backyard complete with a hot tub and fire pit. Link to AirBnb listing: https://www.airbnb.com/rooms/1502298458211171176?viralityEntryPoint=1&s=76&source_impression_id=p3_1775841129_P3Wb8CrS5r8EUzwG&scroll_to_review=1632845323869448496

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Commercial Active

Price

$ 475,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.0526

Year Built

1936

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2552187
Features
General
Sewer Public Sewer
Zoning MU-1
Construction Materials HardiPlank Type
Year Built 1936
Stories Count 2
Levels Two
County Orleans
Property Type Commercial Sale
Total Rooms 13
Full Baths 0
Status Active
Directions Banks St between Broad and Galvez.
City New Orleans
Year Built Details Age is unknown. Just an estimate. Renovated in 2023.
Structure Type Mixed Use
Standard Status Active
Tax Lot A
Legal Description SQ 584 LOT A OR PT LOT 5 BANKS 22' X 100'
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Exterior
Parking Features Driveway Off Street One Space
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.0526
Building Area Total 1746
Lot Dimensions 22x100
Lot Size Acres 0.0526
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Collab Realty, Llc

Broker

baxterone@gmail.com

Email

Affordability Calculator

$2,925
Per Month
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0%
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Monthly Principal & Interest
$2,925
Monthly Property Taxes
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Monthly Home Insurance
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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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/9/2026$475,000 Listed Price

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2614 Banks Street, New Orleans, LA, 70119 is a Commercial Property for sale at $475,000 with 1,627 sqft and a lot size of 0.0526. 2614 Banks Street has 5 bedrooms, 2.1 baths, and was built in 1936. The property's zip code is 70119 which is in New Orleans, LA

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