2424 Valence Street New Orleans, LA $ 590,000
2424 Valence Street
$ 590,000
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2424 Valence Street

New Orleans, LA, 70115
$ 590,000
Bedrooms4 Baths2.0 Sq 2,749

Monthly Estimate*

$ 3,681

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Multi-Family Home for sale in New Orleans, LA

for $590,000 with 4 bedrooms and 2 full baths. This 2,749 square foot home was built in 1940.

Commercially-zoned and a perfect opportunity for an office conversion or any of the many HUMU zoning uses, this two-story duplex is just two houses off the vibrant Freret Street corridor. This versatile multifamily property has three units – an upper and lower unit in the main structure and an unfinished detached apartment, full of potential, in the back of the house. Beautifully maintained, this cheerful property has original fireplaces (nonworking) and beautiful tile work throughout. Each unit (including the unfinished bonus unit) has two bedrooms and one bathroom, a cozy kitchen and a washer and dryer. Enjoy coffee from the front porch or the upstairs balcony – the perfect setting to soak up some outdoor time. Ideally situated just steps from Freret, with immediate access to restaurants, Rouse’s grocery, coffee shops, nightlife and all that this great location has to offer, all while tucked into a charming residential block. Located in an X flood zone with off-street parking and zoned Historic Urban Mixed Use, a standout opportunity in an unbeatable location—this one checks every box. Whether you’re searching for a personal home, a cash-flowing investment, or a hybrid living arrangement, this property delivers unmatched flexibility and value in a location that is hard to beat! Square footage of back unit is not included in total.

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Multi-Family Active

Price

$ 590,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Creole

Year Built

1940

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2532772

Features
General
Sewer Public Sewer
Heating Window Unit
Cooling Window Unit(s)
Roof Shingle
Patio/Porch Features Balcony Porch
Architectural Style Creole
Pool Features None
Construction Materials HardiPlank Type
Year Built 1940
Stories Count 2
Levels Two
Property Subtype Duplex
County Orleans
Property Type Residential Income
Total Rooms 12
Full Baths 2
Status Active
City New Orleans
Association Name NA
Number Of Units Total 2
Home Warranty Y/N 0
Property Condition Very Good Condition
Structure Type Townhouse
Standard Status Active
Tax Lot 12
Property Sub Type Additional Duplex
Legal Description 1. SQ 581 LOT 12 VALENCE 30X120 2. 2424-26 VALENCE ST 3. DUP-W 4. TAX SALE 1/10 1%
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Exterior
Exterior Amenities Balcony Fence Porch
Parking Features Driveway Off Street Two Spaces
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised
Lot Dimensions 30x120
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Screens
Half Baths 0
Total Bedrooms 4
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* Excluded Features
List By
Reese & Company Real Estate, Llc

Broker

tara@reeserealtors.com

Email

Affordability Calculator

$3,681
Per Month
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Monthly Principal & Interest
$3,681
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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
12/2/2025$590,000 Listed Price

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2424 Valence Street, New Orleans, LA, 70115 is a Multi-Family Home for sale at $590,000 with 2,749 sqft. 2424 Valence Street has 4 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 70115 which is in New Orleans, LA