Multi-Family $ 889,000

1411 TERPSICHORE ST

New Orleans, LA 70130

  • 7 Beds
  • 7 Baths
    Full Baths: 6 Half Baths: 2
  • 4,990 SqFt
  • 1850 Year Built
Immediate cash flow of $7,650 a month on this historic Greek Revival 4-plex, one block from the St. Charles Avenue streetcar & sitting on the edge of Coliseum Square in the Lower Garden District — this is New Orleans real estate at its finest! Built circa 1850, the building blends real architectural pedigree with income already in place: soaring ceilings, gleaming heart-pine floors, exposed beams, cypress millwork, original transom windows & elegant ceiling medallions carry through the whole property. Four spacious layouts (995–1,500 sq ft) live like private townhomes, each with its own entrance & outdoor space — a 2BR/1.1BA, a second 2BR/1.1BA, a 1BR/2BA & a 2BR/2BA, seven bedrooms total across the four. Two have already been renovated with new kitchens — quartz counters, contemporary cabinetry, stainless appliances — leaving the other two as built-in upside for the next owner. Every door is occupied & tenant-ready today, and separate electric meters keep utility costs simple for ownership going forward. Flood Zone X keeps insurance in check here, a real edge in this market. Location does the rest: Magazine Street, Audubon Park, Tulane & Loyola are all minutes away, with the streetcar one block from the front door. Turnkey Lower Garden District returns with room left to grow — 1411 Terpsichore is ready when you are.
Listed by REVE, REALTORS

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Quadruplex

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4, 990 sqft

    Price per Sqft $178

    MLS Listing ID 2553725

    Style Other

    Bedrooms 7

    Full Baths 6

    Half Baths 2

    Construction Status Excellent

    HOA Y/N No

    Year Built 1850

    Property Sub-Type Quadruplex

  • Location

    State LA

    County Orleans

  • Building

    Lot Description City Lot, Rectangular Lot

    Entry Level Two

    Foundation Raised

    Sewer Public Sewer

    Water Public

    Architectural Style Other

    Level or Stories Two

    Construction Status Excellent

  • Interior

    Heating Central, Ductless, Window Unit, Wall Furnace

    Cooling Central Air, Ductless, Wall Unit(s), Window Unit(s)

    Fireplace No

    Laundry In Unit

  • Exterior

    Exterior Feature Balcony, Courtyard, Porch

    Parking Features None

    Pool None

    Water Access Desc Public

    Roof Type Shingle

    Porch Balcony, Porch

  • Others

    Tax ID 101105512

    Special Listing Condition None

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CONTACT

Lara Schultz

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