Recently Listed New Construction 1411 Terpsichore Street
New Orleans, LA, 70130 $ 899,000
Bedrooms7 Baths6.2 Sq 4,990 Monthly Estimate*
$ 5,535
for $899,000 with 7 bedrooms and 6 full baths, 2 half baths. This 4,990 square foot home was built in 1850.
This stunning late-19th-century Greek Revival 4-plex sits on the edge of historic Coliseum Square in New Orleansâ vibrant Lower Garden District. A masterful blend of timeless architectural character with thoughtful modern updates, delivering immediate cash flow of $7,650/ month gross income. Just one block from the iconic St. Charles Avenue streetcar line, residents enjoy effortless access to the entire city. A quick ride takes you to the French Quarter, Audubon Park, or Tulane and Loyola universities. One street over, Magazine Street buzzes with indie boutiques, world-class dining, art galleries, and lively cafés that make every day feel like a local adventure. The property features approximately 4,990 square feet across four spacious units (roughly 1,000â1,500 sq ft each), offering a mix of 1- to 3-bedroom layouts that live like private town homes with separate entrances and outdoor spaces. Inside, you'll find preserved 19th-century details that define New Orleans charm: soaring high ceilings, gleaming antique heart-pine flooring, exposed beams, beautiful cypress millwork, original transom windows, and elegant ceiling medallions. Two units have been recently renovated with fresh appeal, including brand-new kitchens featuring sleek quartz countertops, contemporary cabinetry, and stainless steel appliances. The other units retain their authentic historic feel while remaining fully functional and tenant-ready. All units boast generous living areas, ample natural light, and the kind of character you simply can't replicate in new construction. Located in Flood Zone X, this turnkey investment property minimizes risk while maximizing return in one of the city's most desirable and walkable neighborhoods. Whether you're an investor seeking strong cash flow or a buyer looking to live in one unit and rent the others, this property is the perfect balance of historic elegance, modern convenience, and unbeatable location.
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FeaturesGeneralSewer Public Sewer
Heating Central Ductless Window Unit Wall Furnace
Cooling Central Air Ductless Wall Unit(s) Window Unit(s)
Roof Shingle
Patio/Porch Features Balcony Porch
Architectural Style Other
Pool Features None
Construction Materials Wood Siding
Year Built 1850
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Quadruplex
County Orleans
Property Type Residential Income
Total Rooms 0
Full Baths 6
Status Active
Directions https://www.google.com/maps/place/1411+Terpsichore+St +New+Orleans +LA+70130/@29.9374214 -90.0763461 16z/data=!3m1!4b1!4m6!3m5!1s0x8620a6786946dfa5:0x3363117317a3caa!8m2!3d29.9374214!4d-90.0737712!16
City New Orleans
Number Of Units Total 4
Home Warranty Y/N 0
Property Condition Excellent
Standard Status Active
Tax Lot 9
Property Sub Type Additional Quadruplex
Legal Description 1. SQ 193 LOT 9 TERPSICHORE ST 2. 36X128 3. 1411 TERPISCHORE ST
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ExteriorExterior Amenities Balcony Courtyard Porch
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised
Lot Dimensions 36 x 128
Lot Size Acres 0
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InteriorAir Conditioning Y/N 1
Heating Y/N 1
Half Baths 2
Laundry Features In Unit
Total Bedrooms 7
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,535
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in New Orleans, LA
Average List Price $517,398
Percent of Sale Price 42%
About New Orleans, LA 392,550 Population
-19% Since 2002
$ 41,421 Median Income
36.4 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/18/2026 | $899,000 | | Listed Price |