1039 Marais Street New Orleans, LA $ 899,000
1039 Marais Street
$ 899,000
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1039 Marais Street

New Orleans, LA, 70116
$ 899,000
Bedrooms9 Baths6.0 Sq 4,460

Monthly Estimate*

$ 6,209

1039 Marais Street, New Orleans, LA 70116 - Image 1
1039 Marais Street, New Orleans, LA 70116 - Image 2
1039 Marais Street, New Orleans, LA 70116 - Image 3

Multi-Family Home for sale in New Orleans, LA

for $899,000 with 9 bedrooms and 6 full baths. This 4,460 square foot home was built in 1978 on a lot size of 0.08.

1039 Marais Street presents a rare opportunity to acquire a historic six-unit multifamily property in the heart of New Orleans’ Tremé neighborhood. Originally built in 1919 and renovated in 2019, the property contains approximately 4,460 gross square feet and sits on a 30' x 112' corner lot within the New Orleans Historic District Landmarks Commission Tremé district. The unit mix includes three two-bedroom units and three one-bedroom units, combining historic New Orleans character with an exceptional location just steps from the French Quarter and some of the city’s most iconic cultural destinations. In-place rents provide an opportunity for future upside through lease-up and rental growth. With strong existing cash flow, a desirable boutique scale, and meaningful value-add potential, 1039 Marais Street offers investors a compelling opportunity to own a historic multifamily asset in one of New Orleans’ most distinctive neighborhoods. All information herein is deemed reliable but not guaranteed. Buyer and buyers agents must independently verify all information prior to closing.

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Multi-Family Active

Price

$ 899,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.08

Year Built

1978

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2579039

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Patio/Porch Features Balcony Porch
Architectural Style Traditional
Pool Features None
Construction Materials Wood Siding
Year Built 1978
Tenant Pays Electricity Gas Water
Stories Count 2
Levels Two
Property Subtype Apartment
County Orleans
Property Type Residential Income
Full Baths 6
Status Active
City New Orleans
Number Of Units Total 6
Property Condition Very Good Condition
Standard Status Active
Tax Lot 10
Property Sub Type Additional Apartment
Legal Description SQ 170 MARAIS ST AND URSULINES AVE LOT 10 30X112
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Exterior
Exterior Amenities Balcony Porch
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.08
Foundation Details Slab
Lot Dimensions 30x112
Lot Size Acres 0.08
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 9
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* Excluded Features
List By
Bridgewater Realty Advisors, Llc

Broker

bryce@bridgewater.realty

Email

Affordability Calculator

$6,209
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Monthly Principal & Interest
$6,209
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Default based on a 30-year fixed rate of 7.375% 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
9/28/2026$899,000 Listed Price

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1039 Marais Street, New Orleans, LA, 70116 is a Multi-Family Home for sale at $899,000 with 4,460 sqft and a lot size of 0.08. 1039 Marais Street has 9 bedrooms, 6.0 baths, and was built in 1978. The property's zip code is 70116 which is in New Orleans, LA