1101-1115 Verret St New Orleans, LA 70114
Property details
About 1101-1115 Verret St
Discover a rare investment opportunity in the heart of historic Algiers Point! This unique 7-unit multifamily property spans from 1101 to 1115 Verret Street and offers a strong income-producing portfolio in one of New Orleans’ most charming and walkable neighborhoods. Each unit features classic New Orleans architectural details, the 2 Bedroom has partial vaulted ceiling, and spacious layouts with modern updates. Units vary in size and layout, catering to a range of long term tenants. Current occupancy and rental history available upon request. Property highlights include: • 7 total units across multiple adjoining structures • Prime corner location in Algiers Point, just blocks from the ferry to downtown NOLA • Well-maintained exteriors and interiors with room for added value • Shared courtyard space and ample street parking • Zoned multifamily, with potential for condo conversion or owner-occupancy Whether you’re an investor looking to expand your portfolio or seeking a rare multifamily gem with value-add potential, 1101-1115 Verret Street delivers location, character, and income.
Highlights
Summary
- MLS Number: 2490345
- MLS Name: NOMAR
- Office Name: Duhon Realty LLC
- Office Phone: (504) 265-9940
- Office Email: Info@duhonrealty.com
- Listing Agent: Elaine Darensburg
- Agent Phone: (504) 813-6642
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Last updated on: 4/23/2025, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$480,000
1101-1115 Verret St
$5,700
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
0.3 mi
•709 Park Blvd
2
McDonogh No.26 Elementary School
Public District PK-5
1.2 mi
•1200 Jefferson St
7
William Hart Elementary School
Public District PK-5
1.8 mi
•2001 Hancock St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,632. The most common annual income of people living in New Orleans, LA is less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Popeyes
What do the neighbors drive?
Kia
Buick
Dodge
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Jazz
Frequently asked questions
About 1101-1115 Verret St
This home is located at 1101-1115 Verret St in New Orleans, LA and zip code 70114 in the Algiers neighborhood. This 5,200 square foot home, which was built in 1950, sits on a 0.10 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $480,000.
While more than 27 listings in New Orleans, LA in March 2025 were sold above asking price, there were more than 40 listings sold at asking price, and more than 167 were sold below. In March 2025 in New Orleans, LA there were 14.8% more homes for sale than in February. Listings spent 78 days on the market in March 2025, and had a median list price of $329,791 during the same period.