#2505899, Rebecca Thomson, Listing office: EquityConnect Realty
$1,150,000 List price
1722 Esplanade Ave New Orleans, LA 70116
12 beds
10 full
7,092 sqft
$162 / sqft
Townhouse
Property details
About 1722 Esplanade Ave
$100K PRICE REDUCTION. Ten units on Esplanade Avenue - restore units and keep as multifamily or convert to condos. Building needs about $200k in repairs but many units in good condition. The total rents listed on this page are pro forma rents and not the actuals. The building contains ten (10) units with eight (8) 1 bedroom 1 bathroom units, one (1) 2 bedroom 1 bathroom unit, and one (1) 2 bedroom 2 bathroom unit. The units feature beautiful hardwood flooring, marble countertops, balconies, a fenced yard, and high ceilings. The highest and best use of this property is for a purchaser to buy the building and complete the necessary renovations ($217,762) to bring back to commerce. A condo conversion will then be completed and each condo sold off separately for a total of $2,315,000. With the low cost basis and renovation budget, this will allow for a decent size profit for the developer of the project.
Highlights
Home typeTownhouse
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size7,092 sqft
Year built1920
MLS #2487241
Summary
- Full Bathrooms: 10
- Total Bedroom Count: 12
- Parking: None
- Heating: Central
- Cooling: Central Air
- List Price: $1,150,000
- Price/SqFt: $162
- Annual Tax Amount: $9,824
- Tax Year: 2020
- Lot: City Lot, Rectangular Lot
- Year Built: 1920
- Stories: 3
- Living Area: 7,092 SqFt
- MLS Number: 2487241
- MLS Name: NOMAR
- Office Name: Bridgewater Realty Advisors, LLC
- Office Phone: (504) 901-0463
- Office Email: mason@bridgewater.realty
- Listing Agent: Mason McCullough
- Agent Phone: (504) 298-8631
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Last updated on: 7/30/2025, 5:45:29 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 |
|---|---|---|
| Oct 31, 2014 | Home Sold | $425,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $67,580 | $- |
| 2022 | $61,080 | $- |
| 2021 | $63,250 | $- |
| 2020 | $67,580 | $9,824 |
| 2019 | $45,860 | $6,928 |
| 2018 | $45,860 | $7,066 |
| 2017 | $45,860 | $6,746 |
History based on county public records data.
Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
2.5 mi
•709 Park Blvd
3
Audubon Charter School - Gentilly
Public Charter PK-4
2.8 mi
•4720 Painters St
2
McDonogh No.26 Elementary School
Public District PK-5
3.2 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 $20,795. The most common annual income of people living in New Orleans, LA is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
73%
<35k
24%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
73%
Single, No Kids
15%
Single, with Kids
9%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1722 Esplanade Ave
The listing price of 1722 Esplanade Ave property is $1,150,000.
The property 1722 Esplanade Ave is a townhouse located in New Orleans, Louisiana, 70116.
Accepting Backup Offers: 1722 Esplanade Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1722 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), Bricolage Academy (GreatSchools Rating 5/10), Phillis Wheatley Community School (GreatSchools Rating 4/10), McDonogh 42 Charter School (GreatSchools Rating 2/10), Warren Easton Charter High School (GreatSchools Rating 4/10), New Harmony High Institute (GreatSchools Rating 4/10), International High School of New Orleans (GreatSchools Rating 3/10).
According to the records, the last property tax for 2020 is $9,824 (source: MLS/based on county public records data).
The last sale was on October 31, 2014 for $425,000 (source: MLS/tax record).
The property at 1722 Esplanade Ave has 12 bedrooms and 10 bathrooms.
The property 1722 Esplanade Ave is 7,092 SqFt (source: MLS/tax record).
The year of construction for 1722 Esplanade Ave is 1920.
This home is located at 1722 Esplanade Ave in New Orleans, LA and zip code 70116 in the Treme neighborhood. This 7,092 square foot home was built in 1920. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $1,150,000.
While more than 33 listings in New Orleans, LA in June 2025 were sold above asking price, there were more than 61 listings sold at asking price, and more than 275 were sold below. The number of homes for sale in New Orleans, LA increased by 5.1% between May and June 2025. While the average time on the market in June 2025 was 67 days, the median list price was $332,200.
From Rocket Homes Real Estate and based on county public records data.