501 03 Lowerline Street New Orleans, LA ^$ 899,000

501 03 Lowerline Street

^$ 899,000

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501 03 Lowerline Street

New Orleans, LA, 70118

^$ 899,000

Bedrooms6 Baths6.0 Sq 4,372

Monthly Estimate*

^$ 5,609

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Multi-Family Home for sale in New Orleans, LA

for $899,000 with 6 bedrooms and 6 full baths. This 4,372 square foot home was built in 1923.

Beautiful brick duplex on a corner lot in the highly sought-after University area. Each unit is furnished and features full amenities, including kitchen appliances, a spacious furnished living room, a dining room, 3 bedrooms, and 3 bathrooms. Ideal for tenants or owner-occupancy, the property offers off-street parking for two cars per unit. The downstairs unit is currently rented for $3,450/mo, while the upstairs unit is available for either owner-occupancy or tenancy. This prime location ensures excellent rental potential.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Year Built

1923

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2497045

Features

General

Sewer Public Sewer

Heating Central Dual System

Cooling Central Air

Roof Asphalt Shingle

Architectural Style Traditional

Pool Features None

Construction Materials Brick

Year Built 1923

Tenant Pays Electricity Gas

Stories Count 2

Levels Two

Property Subtype Duplex

County Orleans

Property Type Residential Income

Total Rooms 0

Full Baths 6

Status Active

City New Orleans

Number Of Units Total 2

Home Warranty Y/N 0

Property Condition Very Good Condition

Standard Status Active

Property Sub Type Additional Duplex

Exterior

Parking Features Off Street Three or more Spaces

Lot Features Corner Lot City Lot Rectangular Lot

Water Source Public

Lot Size Area 0

Foundation Details Slab

Lot Dimensions 50x120

Lot Size Acres 0

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Half Baths 0

Laundry Features Inside

Total Bedrooms 6

* Excluded Features

List By

Latter & Blum

Broker

sold@eleanorfarnsworth.com

Affordability Calculator

$5,609

Per Month

Monthly Principal & Interest: $5,609
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in New Orleans, LA

Average List Price ^$538,189

Percent of Sale Price 40%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/17/2025	$899,000		Listed Price

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501 03 Lowerline Street, New Orleans, LA, 70118 is a Multi-Family Home for sale at $899,000 with 4,372 sqft. 501 03 Lowerline Street has 6 bedrooms, 6.0 baths, and was built in 1923. The property's zip code is 70118 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/21/2025.

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501 03 Lowerline Street

Multi-Family Home for sale in New Orleans, LA

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