1039 MARAIS ST, New Orleans, LA 70116
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1039 MARAIS ST, New Orleans, LA 70116
1039 MARAIS ST, New Orleans, LA 70116
1039 MARAIS ST, New Orleans, LA 70116
1039 MARAIS ST, New Orleans, LA 70116
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$ 899,000
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1039 MARAIS ST New Orleans, LA 70116

9 Beds

6 Baths

4,460 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,460 sqft

Price per Sqft $201

MLS Listing ID 2579039

Style Traditional

Bedrooms 9

Full Baths 6

Construction Status Very Good Condition

HOA Y/N No

Year Built 1978

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Apartment

Property Description

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.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Balcony, Porch

Parking Features None

Pool None

Water Access Desc Public

Roof Type Shingle

Porch Balcony, Porch

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 208103907

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Bridgewater Realty Advisors, LLC
Albert Cianci

Albert Cianci

Rêve | Realtor License ID: 99570766

+1(630) 215-3596

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1039 MARAIS ST