#2482526, Steve Richards, Listing office: Wurth Real Estate Services
$1,050,000 List price
1328 Esplanade Ave New Orleans, LA 70116
4 beds
5 full
3,579 sqft
$293 / sqft
Multi-Family
Property details
About 1328 Esplanade Ave
Investor Opportunity – Income, Flexibility, and Historic Charm <br><br> 1328 Esplanade Avenue offers a rare combination of income potential, location, and owner-occupant flexibility in one of New Orleans’ most desirable historic corridors—just three blocks from the French Quarter. This meticulously maintained 5-plex features five 1-bedroom, 1-bath units, each with private entries and outdoor spaces. The current layout supports multiple configurations, including a high-performing short-term rental strategy. <br><br> In one of the most lucrative setups, the two upper units can be combined into a licensed luxury 2-bedroom Airbnb—projecting annual STR revenue of approximately $65,000—while the remaining three units generate street rents of up to $2,000/month. The fifth unit offers an ideal owner-occupied residence or pied-à-terre, allowing the buyer to live on-site while enjoying an estimated $10,700/month in gross income. <br><br> Additional highlights: Fully licensed Airbnb unit with Superhost status and 5-star reviews Sewer line replaced in 2020 from back cottage to street Five separate electric and gas meters Shared laundry facility with 3 washers & dryers One off-street parking spot Zoned HMR-2 | Flood Zone X Whether you're seeking a hybrid live/rent setup or a high-yield, diversified investment, this income-producing property offers immediate returns and long-term upside in a prime location.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,579 sqft
Year built1854
ParkingNone, Driveway
MLS #2483376
Summary
- Full Bathrooms: 5
- Total Bedroom Count: 4
- Parking: None, Driveway
- Exterior: Balcony, Courtyard, Fence, Porch, Permeable Paving
- Architectural Style: Victorian
- Heating: Central
- Cooling: Central Air
- List Price: $1,050,000
- Price/SqFt: $293
- Annual Tax Amount: $10,135
- Tax Year: 2020
- Lot: City Lot, Rectangular Lot
- Directions: 3 Blocks from N Rampart Lake side, River side of Esplanade
- Year Built: 1854
- Stories: 2
- Living Area: 3,579 SqFt
- MLS Number: 2483376
- MLS Name: NOMAR
- Office Name: KELLER WILLIAMS REALTY 455-0100
- Office Phone: (504) 455-0100
- Office Email: lucy@kw.com
- Listing Agent: Cassondra Larsen
- Agent Phone: (504) 628-4686
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Last updated on: 7/25/2025, 1:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 11, 2019 | Home Sold | $930,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $88,350 | $- |
| 2022 | $84,690 | $- |
| 2021 | $88,350 | $- |
| 2020 | $69,720 | $10,135 |
History based on county public records data.
Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
2.3 mi
•709 Park Blvd
3
Audubon Charter School - Gentilly
Public Charter PK-4
2.9 mi
•4720 Painters St
2
McDonogh No.26 Elementary School
Public District PK-5
3.0 mi
•1200 Jefferson 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 $25,952. Residents of New Orleans, LA typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
66%
<35k
18%
35k-100k
6%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
76%
Single, No Kids
10%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
29%
18-34 yrs old
52%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
H&M
Burlington
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1328 Esplanade Ave
The listing price of 1328 Esplanade Ave property is $1,050,000.
The property 1328 Esplanade Ave is a multi located in New Orleans, Louisiana, 70116.
Active Listing: 1328 Esplanade Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1328 Esplanade Ave are: Elan Academy Charter School (GreatSchools Rating 6/10), Audubon Charter School - Gentilly (GreatSchools Rating 3/10), McDonogh No.26 Elementary School (GreatSchools Rating 2/10), Phillis Wheatley Community School (GreatSchools Rating 4/10), Bricolage Academy (GreatSchools Rating 5/10), McDonogh 42 Charter School (GreatSchools Rating 2/10), Warren Easton Charter High School (GreatSchools Rating 4/10), International High School of New Orleans (GreatSchools Rating 3/10), New Harmony High Institute (GreatSchools Rating 4/10).
According to the records, the last property tax for 2020 is $10,135 (source: MLS/based on county public records data).
The last sale was on December 11, 2019 for $930,000 (source: MLS/tax record).
The property 1328 Esplanade Ave is 3,579 SqFt (source: MLS/tax record).
The year of construction for 1328 Esplanade Ave is 1854.
This home is located at 1328 Esplanade Ave in New Orleans, LA and zip code 70116 in the Treme neighborhood. This 3,579 square foot home was built in 1854. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $1,050,000.
Over 33 listings were sold over their listed price in June 2025 in New Orleans, LA. In the same period over 275 listings were sold below the listed price and 61 listings were sold for the listed price. The number of listings in New Orleans, LA increased by 5.1% between May and June 2025. The median list price of listings available in June 2025 was $332,200, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.