2039 Calhoun Street New Orleans, LA $ 1,350,000
2039 Calhoun Street
$ 1,350,000
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2039 Calhoun Street

New Orleans, LA, 70118
$ 1,350,000
Bedrooms12 Baths5.0 Sq 5,788

Monthly Estimate*

$ 8,422

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Multi-Family Home for sale in New Orleans, LA

for $1,350,000 with 12 bedrooms and 5 full baths. This 5,788 square foot home was built in 1905.

Ideally located at Freret and Calhoun Streets, just steps from Tulane and Loyola Universities, 2039 Calhoun offers a fully leased 12-bedroom, 5,700+ SF student housing investment property. The property features a standalone four-bedroom unit on the ground floor and an eight-bedroom unit on the second and third floors. Currently leased to one group, the units can also be rented separately by closing a door. Each unit includes a full kitchen and in-unit laundry. With a commanding corner presence, direct sightlines to the universities, off street parking, and original historic details, the property has undergone extensive renovations, including a new roof, gutters, exterior paint, major siding and HVAC repairs, new flooring, updated bathrooms, new laundry units and many others. Centrally located in Uptown, just minutes from the Freret and Maple Street commercial corridors, the property is in constant high demand and ensures strong, stable rental income. The upper unit is fully leased for 2025-2026, and ownership is finalizing a lease for the ground floor. 2039 Calhoun Street is a rare opportunity in an unbeatable university location.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

12

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1905

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2493890

Features
General
Sewer Public Sewer
Heating Central Multiple Heating Units
Cooling Central Air Window Unit(s)
Roof Shingle
Patio/Porch Features Balcony Porch
Architectural Style Other
Pool Features None
Year Built 1905
Tenant Pays Electricity Gas Water
Stories Count 3
Levels Three Or More
Property Subtype Duplex
County Orleans
Property Type Residential Income
Total Rooms 0
Full Baths 5
Status Active
Directions Freret towards campus left corner on Calhoun St
City New Orleans
Number Of Units Total 2
Home Warranty Y/N 0
Property Condition Excellent
Standard Status Active
Property Sub Type Additional Duplex
Legal Description As per title
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Exterior
Exterior Amenities Balcony Courtyard Porch
Parking Features Driveway Off Street Three or more Spaces
Lot Features Corner Lot City Lot Irregular Lot
Water Source Public
Lot Size Area 0
Foundation Details Slab
Lot Dimensions 59x82
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 12
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* Excluded Features
List By
Ben & Burka

Broker

Aaron@BenBurka.com

Email

Affordability Calculator

$8,422
Per Month
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Monthly Principal & Interest
$8,422
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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
3/28/2025$1,350,000 Listed Price

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2039 Calhoun Street, New Orleans, LA, 70118 is a Multi-Family Home for sale at $1,350,000 with 5,788 sqft. 2039 Calhoun Street has 12 bedrooms, 5.0 baths, and was built in 1905. The property's zip code is 70118 which is in New Orleans, LA