$699,000

1501-03 Marais St New Orleans, LA 70116

$8,301
Closing credit¹
6 beds
4 full
2,680 sqft
$261 / sqft
Multi-Family

Property details

About 1501-03 Marais St

Opportunity to own a Historical Multi-Family property with significant income potential. Just a short walk to the French Quarter and Marigny triangle, this historically rich triplex, features a charming central courtyard and combines old-world charm with modern amenities. With three separately metered units, the property includes a downstairs unit with 3 bedrooms and 2 full bathrooms, an upstairs unit with 2 bedrooms and 1 bathroom, and a separate guest house at the rear with its own private entrance, offering one bedroom and one bathroom. Each unit showcases original hardwood floors, fireplaces, soaring ceilings, and functional wood shutters, providing various possibilities for living or investment. Please see attached for features of the home including 2023 Roof!

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,680 sqft
Year built1861
MLS #2493235

Summary

  • MLS Number: 2493235
  • MLS Name: NOMAR
  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Office Email: parke@mceneryco.com
  • Listing Agent: Rebecca Waxman
  • Agent Phone: (504) 261-6867

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Last updated on: 4/17/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring french doors and roof with shingles

$699,000

1501-03 Marais St

$8,301

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

8

Arabi Elementary School

Public District PK-5

0.5 mi

7200 Alexander Ave

5

Chalmette Elementary School

Public District PK-5

2.0 mi

75 E Chalmette Cir

6

Elan Academy Charter School

Public Charter PK-5

2.7 mi

709 Park Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $80,000. The most common annual income of people living in New Orleans, LA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

28%
<35k
31%
35k-100k
30%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

45%
Single, No Kids
30%
Single, with Kids
13%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Books-a-MillionBooks-a-Million
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • KiaKia
  • ToyotaToyota
  • MazdaMazda

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Adult HitsAdult Hits
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1501-03 Marais St in New Orleans, LA and zip code 70117 in the Lower Ninth Ward neighborhood. This 2,680 square foot home was built in 1861. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $699,000.

Over 27 listings were sold over their listed price in March 2025 in New Orleans, LA. In the same period over 167 listings were sold below the listed price and 40 listings were sold for the listed price. In March 2025 in New Orleans, LA there were 14.8% more homes for sale than in February. While the average time on the market in March 2025 was 78 days, the median list price was $329,791.

From Rocket Homes Real Estate and based on county public records data.

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