$6,769 Closing Credit¹
#2459572, William Edmonds, Listing Office: Beau Box Commercial Real Estate, L.L.C.
$1,350,000 List price
2039 Calhoun St New Orleans, LA 70118
$10,000
Closing credit¹
12 beds
5 full
5,788 sqft
$233 / sqft
Multi-Family
Property details
About 2039 Calhoun St
Ideally located at Freret and Calhoun Streets, just steps from Tulane and Loyola Universities, 2039 Calhoun offers a fully leased 12-bedroom, 5,700+ SF student housing investment property. The property features a standalone four-bedroom unit on the ground floor and an eight-bedroom unit on the second and third floors. Currently leased to one group, the units can also be rented separately by closing a door. Each unit includes a full kitchen and in-unit laundry. With a commanding corner presence, direct sightlines to the universities, off street parking, and original historic details, the property has undergone extensive renovations, including a new roof, gutters, exterior paint, major siding and HVAC repairs, new flooring, updated bathrooms, new laundry units and many others. Centrally located in Uptown, just minutes from the Freret and Maple Street commercial corridors, the property is in constant high demand and ensures strong, stable rental income. The upper unit is fully leased for 2025-2026, and ownership is finalizing a lease for the ground floor. 2039 Calhoun Street is a rare opportunity in an unbeatable university location.
Highlights
Home typeDuplex
HeatingCentral, Multi Unit(s)
StatusActive
CoolingCentral Air, Window Unit(s)
Size5,788 sqft
Year built1905
ParkingDriveway, Off Street, Three or more Spaces
MLS #2493890
Summary
- MLS Number: 2493890
- MLS Name: NOMAR
- Office Name: Ben & Burka
- Office Phone: (504) 301-1002
- Office Email: ben@benburka.com
- Listing Agent: Aaron Kazanoff
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Last updated on: 4/9/2025, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,350,000
2039 Calhoun St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 04, 2011 | Home Sold | $294,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $65,170 | $- |
| 2022 | $62,520 | $- |
| 2021 | $65,170 | $- |
| 2020 | $66,030 | $9,556 |
| 2019 | $66,030 | $9,889 |
| 2018 | $66,030 | $10,065 |
| 2017 | $79,670 | $10,696 |
History based on county public records data.
Nearby schools
1
Noble Minds
Public Charter KG-5
1.0 mi
•1333 S Carrollton Ave
4
Joshua Butler Elementary School
Public District PK-5
2.5 mi
•300 Fourth St
9
Ray St. Pierre Academy for Advanced Studies
Public Magnet PK-5
2.6 mi
•2820 Mount Kennedy Dr
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 $147,917. The most common annual income of people living in New Orleans, LA is $200k+. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
22%
35k-100k
17%
100k-200k
49%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
3%
Single, with Kids
29%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Mercedes
Audi
BMW
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 2039 Calhoun St in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 5,788 square foot home was built in 1905. Features: 12 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $1,350,000.
In March 2025, from all listings sold in New Orleans, LA there were more than 27 sold above asking price, over 167 sold below and more than 40 were sold right at the asked price. The number of homes for sale in New Orleans, LA increased by 14.8% between February and March 2025. 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.