1722 Esplanade Ave New Orleans, LA 70116
Property details
About 1722 Esplanade Ave
Back on market & price reduction of $150,000. 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
Summary
- 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: 4/17/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,250,000
1722 Esplanade Ave
$10,000
closing credit¹
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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. Typical income of New Orleans, LA residents is less than $<35k annually. The majority of families are 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?
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
Frequently asked questions
About 1722 Esplanade Ave
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 $1,250,000.
In March 2025 more than 27 listings in New Orleans, LA were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 167 were sold below. The number of homes for sale in New Orleans, LA increased by 14.8% between February and March 2025. Listings spent 78 days on the market in March 2025, and had a median list price of $329,791 during the same period.