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501 LOWERLINE Street New Orleans, LA $ 899,000
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501 LOWERLINE Street
$ 899,000
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501 LOWERLINE Street

New Orleans, LA, 70118
$ 899,000
Bedrooms6 Baths6.0 Sq 4,372

Monthly Estimate*

$ 6,209

501 LOWERLINE Street, New Orleans, LA 70118 - Image 1
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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.

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Multi-Family Active

Price

$ 899,000

Bedrooms

6

Full Bath

6

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
Cooling Central Air Multi Units
Utilities Natural Gas Available
Architectural Style Traditional
Construction Materials Brick
Year Built 1923
Tenant Pays Electricity Gas
Stories Count 2
Property Subtype Duplex
Parcel Number 65A
County Orleans
New Construction N
Property Type Multifamily
HOA N
Attached Garage N
Garage Y/N N
Full Baths 6
Status Active
City New Orleans
Disclosures Property As Is
Senior Community Y/N N
Number Of Units Total 2
Lot Size Square Feet 0.0
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/2483385
Standard Status Active
Total Actual Rent 7050.0
Year Built Effective 2000
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features Off Street
Lot Features Corner Lot Other
Water Source Public
Total Parking 3.0
Foundation Details Slab
Spa N
Building Area Total 4372.0
Lot Dimensions 50x120
Lot Size Acres 0.0
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
Laundry Features Inside
Total Bedrooms 6
Total Baths 6
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Eleanor T Farnsworth

Listing Agent

Affordability Calculator

$6,209
Per Month
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Monthly Principal & Interest
$6,209
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/13/2026$899,000 Listed Price

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501 LOWERLINE Street, New Orleans, LA, 70118 is a Multi-Family Home for sale at $899,000 with 4,372 sqft. 501 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

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