138-40 S GAYOSO Street New Orleans, LA $ 487,000
138-40 S GAYOSO Street
$ 487,000
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138-40 S GAYOSO Street

New Orleans, LA, 70119
$ 487,000
Bedrooms6 Baths4.0 Sq 4,164

Monthly Estimate*

$ 3,364

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Multi-Family Home for sale in New Orleans, LA

for $487,000 with 6 bedrooms and 4 full baths. This 4,164 square foot home was built in 1930 on a lot size of 0.09.

More than a century of New Orleans history lives within this remarkable 1930 home! Held and cared for by the same family for generations, the property is filled with original character and architectural details that tell a story at every turn. Soaring ceilings, rich wood floors, grand staircases, vintage light fixtures, substantial millwork, and decorative fireplaces showcase the craftsmanship of another era. Original tile surrounds, mantels, transoms, tall windows, and wide openings between living spaces add warmth and presence. The spacious kitchens offer generous cabinetry and tile flooring, while large bedrooms continue the historic details with wood floors and abundant natural light. Multiple baths feature tub and shower combinations, and one side remains tenant occupied. Outside, a covered front porch spans the facade, while the rear garden offers additional possibilities and can be opened for rear parking access. Fireplaces are non-functional and sold as-is with no warranty. Located just off Canal Street between Lakeview and Mid-City, this is a rare opportunity to carry a treasured New Orleans property into its next chapter. See it in person and experience the history for yourself!

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Multi-Family Active

Price

$ 487,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Victorian

Lot Size

0.09

Year Built

1930

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2577514

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Window Unit(s)
Utilities Natural Gas Available
Architectural Style Victorian
Construction Materials Wood Siding
Year Built 1930
Stories Count 2
Property Subtype Duplex
Parcel Number 105204114
County Orleans
New Construction N
Property Type Multifamily
HOA N
Attached Garage N
Garage Y/N N
Full Baths 4
Status Active
City New Orleans
Disclosures Property As Is
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 3990.1
Carport Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/2577514
Standard Status Active
Year Built Source Public Records
Legal Description SQ 631 LOT 16 SO GAYOSO AND CLEVELAND 33' 3 X 120' 138-40 S GAYOSO ST *HE 02-H/E LTC#02-021 9/10/03
Year Built Effective 1930
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Fencing Other
Parking Features None
Lot Features Other
Water Source Public
Lot Size Area 0.09
Foundation Details Raised
Spa N
Building Area Total 4164.0
Lot Dimensions 120x33x120x33
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 6
Total Baths 4
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Internal Only
Street Number 1 13840
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* Excluded Features
List By
Louis Williams

Listing Agent

Affordability Calculator

$3,364
Per Month
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0%
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Monthly Principal & Interest
$3,364
Monthly Property Taxes
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Monthly Home Insurance
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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
5583192 Elementary School
5584917 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$487,000 -17.32% Price Down
10/13/2026$589,000 Listed Price

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138-40 S GAYOSO Street, New Orleans, LA, 70119 is a Multi-Family Home for sale at $487,000 with 4,164 sqft and a lot size of 0.09. 138-40 S GAYOSO Street has 6 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 70119 which is in New Orleans, LA