1039 MARAIS Street New Orleans, LA $ 899,000
1039 MARAIS Street
$ 899,000
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1039 MARAIS Street

New Orleans, LA, 70116
$ 899,000
Bedrooms9 Baths6.0 Sq 4,460

Monthly Estimate*

$ 6,209

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Multi-Family Home for sale in New Orleans, LA

for $899,000 with 9 bedrooms and 6 full baths. This 4,460 square foot home was built in 1978 on a lot size of 0.08.

1039 Marais Street presents a rare opportunity to acquire a historic six-unit multifamily property in the heart of New Orleans’ Tremé neighborhood. Originally built in 1919 and renovated in 2019, the property contains approximately 4,460 gross square feet and sits on a 30' x 112' corner lot within the New Orleans Historic District Landmarks Commission Tremé district.The unit mix includes three two-bedroom units and three one-bedroom units, combining historic New Orleans character with an exceptional location just steps from the French Quarter and some of the city’s most iconic cultural destinations. In-place rents provide an opportunity for future upside through lease-up and rental growth.With strong existing cash flow, a desirable boutique scale, and meaningful value-add potential, 1039 Marais Street offers investors a compelling opportunity to own a historic multifamily asset in one of New Orleans’ most distinctive neighborhoods.All information herein is deemed reliable but not guaranteed. Buyer and buyers agents must independently verify all information prior to closing.

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Multi-Family Active

Price

$ 899,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.08

Year Built

1978

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2579039

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Natural Gas Available
Architectural Style Traditional
Construction Materials Wood Siding
Year Built 1978
Tenant Pays Electricity Gas Water
Stories Count 2
Property Subtype Multifamily 5+
Parcel Number 208103907
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 Covenants Conditions & Restrictions Property As Is
Senior Community Y/N N
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 3484.8
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/2579039
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Total Actual Rent 8150.0
Legal Description SQ 170 MARAIS ST AND URSULINES AVE LOT 10 30X112
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Parking Features None
Lot Features Other
Water Source Public
Lot Size Area 0.08
Foundation Details Slab
Spa N
Building Area Total 4460.0
Lot Dimensions 30x112
Lot Size Acres 0.08
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
Total Bedrooms 9
Total Baths 6
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Internal Only
Street Number 1 1039
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* Excluded Features
List By
Bryce A Danna-Marullo

Listing Agent

Affordability Calculator

$6,209
Per Month
100%
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0%
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
Pricing History
DatePricePrice ChangeDescription
10/13/2026$899,000 Listed Price

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1039 MARAIS Street, New Orleans, LA, 70116 is a Multi-Family Home for sale at $899,000 with 4,460 sqft and a lot size of 0.08. 1039 MARAIS Street has 9 bedrooms, 6.0 baths, and was built in 1978. The property's zip code is 70116 which is in New Orleans, LA