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2001 Laharpe Street
New Orleans, LA 70116

$740,000 - Status: Active
MLS# 2561419

This stunning, fully renovated 5-unit multi-family property is a rare investment opportunity in Esplanade Ridge, one of New Orleans' most desirable neighborhoods. Situated on a high topographical ridge, the property is just steps from Esplanade Avenue and a short walk to Jazz Fest, Pagoda Cafe, and the best of Mid-City and the Marigny.Originally built in 1855 and substantially renovated in 2015-2016, the property sits in Flood Zone X (minimal flood risk) and includes a detached one-car garage. It consists of two structures on a spacious 7,682 sq ft corner lot:The main house at 2001 Laharpe Street / 1549 N. Johnson Street (4 units, 5,157 sq ft)A charming detached 1-bedroom/1-bath cottage at 2007 Laharpe St., Apt. Lower historically a "summer kitchen"? outbuilding, now a fully renovated standalone unitFour units are currently occupied and generating $5,600/month ($67,200 annually). The 3BD/2BA unit at 1549 N. Johnson is intentionally vacant and priced at $1,750/month, giving the new owner flexibility to occupy or lease it. With all five units leased at market rate, the pro-forma gross revenue reaches $88,200 annually.The renovation delivers contemporary living with modern kitchens, updated bathrooms, and high-quality finishes that respect the building's historic roots while offering turnkey appeal for today's tenants. All data is provided as-is and assumed accurate; however, Buyer and Buyer's Agent must independently confirm all information.

Property Features

MLS#: 2561419
Zip: 70116
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Number of Units: 5
Cooling: Central Air
Days on Site: 14
Heating: Central
Home Style: Creole Cottage
Lot Size: 0.16 acres
Year Built: 1855

Feature Descriptions

Exterior: HardiPlank Type
Fencing: Other
Laundry: Electric Dryer Hookup, In Unit
Lot Description: Other
Lot Dimensions: 61X120
Parcel#: 37W201511
Parking: None
Parking Notes: None
Sewer: Public Sewer
Units: 5
Utilities: Natural Gas Available
Water: Public

Local Schools

High School: Warren Easton
Middle School: Ben Franklin
Elementary School: Mary McLeod

2001 Laharpe Street | MLS# 2561419

This multi-family property located at 2001 Laharpe Street , New Orleans, LA 70116 is currently listed for sale with an asking price of $740,000. Search New Orleans real estate on www.riccire.com today.

Listed By / Shown By

Listed By

Agency Name: Bridgewater Realty Advisors
Agency Phone: 504-901-0463

Shown By

Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050

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