$850,000

3001-03 Desoto St New Orleans, LA 70119

$10,000
Closing credit¹
10 beds
4 full, 1 partial
4,515 sqft
$188 / sqft
Multi-Family

Property details

About 3001-03 Desoto St

Location location location and 2 years young roof! <br><br>This income producing 4 plex couldn't be in a better place - on a corner lot just steps to tree lined Esplanade, Bayou St John, City Park and the Fairgrounds. 10 bedrooms and 4 bathrooms make it perfect for investors looking to take advantage of historic tax credits or an owner occupant looking to offset mortgage costs or create a single family large enough for comfortable, multigenerational living. <br><br>The building has retained its historic charm in tall ceilings, original hardwood floors, art glass wooden windows, transoms, and cast iron lined galleries. The two upper units offer 3 private bedrooms and 1 bathroom each with walkthrough windows to access private galleries with iron railing at the front of the house. Both upper, rear bedrooms have walkthrough windows to access the rear balcony. <br><br> The first level units enjoy private porches with decorative cast iron columns and railing overlooking the front courtyard with flower beds ready for your vision. Each lower unit has double parlors, two shotgun style bedrooms, a bathroom and spacious kitchens at the back of the house. <br><br>2 of the 4 bathrooms have been renovated. Currently rented for 6k/mo. Rents could improve with some updates.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,515 sqft
Year built1895
MLS #2491713

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 10
  • Parking: None
  • Exterior: Balcony, Porch
  • Architectural Style: Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $850,000
  • Price/SqFt: $188
  • Lot: City Lot, Rectangular Lot
  • Year Built: 1895
  • Stories: 2
  • Living Area: 4,515 SqFt
  • MLS Number: 2491713
  • MLS Name: NOMAR
  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Office Email: david.favret@reverealtors.com
  • Listing Agent: Lauren Collignon
  • Agent Phone: (504) 408-1995

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$850,000

3001-03 Desoto St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Audubon Charter School - Gentilly

Public Charter PK-4

2.6 mi

4720 Painters St

10

Metairie Academy for Advanced Studies

Public Magnet PK-5

3.0 mi

201 Metairie Rd

6

Elan Academy Charter School

Public Charter PK-5

3.1 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 $45,743. Most New Orleans, LA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

37%
<35k
38%
35k-100k
18%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3001-03 Desoto St in New Orleans, LA and zip code 70119 in the Seventh Ward neighborhood. This 4,515 square foot home was built in 1895. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $850,000.

While more than 40 listings in New Orleans, LA in April 2025 were sold above asking price, there were more than 45 listings sold at asking price, and more than 193 were sold below. In April 2025 in New Orleans, LA there were 13.8% more homes for sale than in March. The median list price of listings available in April 2025 was $329,697, while the average time on the real estate market was 85 days.

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

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