Backup offers
#2491759, Kimberly Davis, Listing office: Berkshire Hathaway HomeServices Preferred, REALTOR
$849,000 List price
1801 Adams St New Orleans, LA 70118
7 beds
7 full
3,145 sqft
0.08 acres
$270 / sqft
House
Property details
About 1801 Adams St
Turnkey Investment Opportunity with Strong Income in Prime University Area Rare opportunity to own a fully operating, income-producing property in the heart of the University area—just minutes from Tulane and Loyola. This historical gem spans three addresses: 1801 & 1803 Adams Street and 7625 Hickory Street, totaling approximately 3,143 square feet of rentable space. Currently 90% occupied, this turnkey asset brings in $10,300/month in gross rental income with only 30% in operating expenses—delivering a solid 10% cap rate. All units are rented furnished, and furniture is included in the sale. Even better, the leases include all utilities and WiFi, which makes the property especially attractive for students and short-term renters looking for convenience and value. An optional on-site storage container is also available and can be purchased separately if desired. The property has been well maintained and offers flexibility for future use. With its location, layout, and income performance, this could easily be converted to a group home, assisted living, or senior housing facility. Whether you're looking to expand your portfolio or step into a cash-flowing property with minimal effort, this one checks all the boxes.
Highlights
Home typeOther
HeatingCentral
StatusActive
CoolingCentral Air
Size3,145 sqft
Lot size0.0758 Acres
Year built1933
ParkingOff Street
MLS #2509751
Summary
- Full Bathrooms: 7
- Total Bedroom Count: 7
- Parking: Off Street
- Architectural Style: Split Level
- Heating: Central
- Cooling: Central Air
- List Price: $849,000
- Price/SqFt: $269
- Annual Tax Amount: $4,211
- Tax Year: 2020
- Lot: City Lot, Rectangular Lot
- Year Built: 1933
- Stories: 2
- Living Area: 3,145 SqFt
- Lot Size: 0.0758 Acres
- MLS Number: 2509751
- MLS Name: NOMAR
- Office Name: LATTER & BLUM (LATT07)
- Office Phone: (504) 866-2785
- Office Email: ewolford@latterblum.com
- Listing Agent: Melissa McClendon
- Agent Phone: (504) 417-5131
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Last updated on: 7/11/2025, 11:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $28,970 | $- |
| 2022 | $24,500 | $- |
| 2021 | $24,500 | $- |
| 2020 | $28,970 | $4,211 |
| 2019 | $20,420 | $3,085 |
| 2018 | $20,420 | $3,146 |
| 2017 | $20,420 | $3,004 |
History based on county public records data.
Nearby schools
1
Noble Minds
Public Charter KG-5
0.4 mi
•1333 S Carrollton Ave
8
Dr. John Ochsner Discovery Health Sciences Academy
Public District KG-4
2.0 mi
•2012 Jefferson Hwy
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
2.3 mi
•201 Metairie Rd
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 $27,791. Most New Orleans, LA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
61%
<35k
30%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
68%
Single, No Kids
9%
Single, with Kids
16%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
5%
12-17 yrs old
37%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Men's Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Nordstrom Rack
Banana Republic
Where do the neighbors go to eat?
Chipotle
The Cheesecake Factory
Jack In The Box
What do the neighbors drive?
Volkswagen
Volvo
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1801 Adams St
The listing price of 1801 Adams St property is $849,000.
The property 1801 Adams St is a house located in New Orleans, Louisiana, 70118.
Active Listing: 1801 Adams St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1801 Adams St are: Noble Minds (GreatSchools Rating 1/10), Dr. John Ochsner Discovery Health Sciences Academy (GreatSchools Rating 8/10), Metairie Academy for Advanced Studies (GreatSchools Rating 10/10), Benjamin Franklin Elementary Math and Science (GreatSchools Rating 5/10), Audubon Charter School (GreatSchools Rating 7/10), Wilson Charter School (GreatSchools Rating 4/10), Eleanor Mcmain Secondary School (GreatSchools Rating 4/10), Lusher Charter School (GreatSchools Rating 9/10), New Orleans Charter Science and Mathematics High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2020 is $4,211 (source: MLS/based on county public records data).
The property at 1801 Adams St has 7 bedrooms and 7 bathrooms.
The property 1801 Adams St is 3,145 SqFt (source: MLS/tax record).
The year of construction for 1801 Adams St is 1933.
This home is located at 1801 Adams St in New Orleans, LA and zip code 70118 in the East Carrollton neighborhood. This 3,145 square foot home, which was built in 1933, sits on a 0.08 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since July 6, 2025 and is currently priced at $849,000.
In June 2025 more than 33 listings in New Orleans, LA were sold above the asking price. During the same period more than 61 listings were sold at asking price, while more than 275 were sold below. Between May and June 2025, New Orleans, LA real estate market has seen increase in the number of listings by 5.1%. 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.