21 hours on Rocket
$10,000 Closing Credit¹
#2497980, Rachel Silvers, Listing Office: Galiano Realty
$899,995 List price
723 Kerlerec St New Orleans, LA 70116
$10,000
Closing credit¹
5 beds
4 full, 2 partial
3,729 sqft
1.0 acres
$241 / sqft
Multi-Family
Property details
About 723 Kerlerec St
Rare, beautiful, historic, early creole cottage/ 4-plex, nestled amid the most coveted block of Kerlerec Street, in the meticulously preserved, Marigny neighborhood. Historical details abound in this lovely property…soaring ceilings, pocket doors, hard wood floors, expansive/landscaped courtyard, mantles/fireplaces, to name a few! This gem of a property offers all…beauty, prime LOCATION (just a short stroll to the French Quarter), and income producing with multiple options for use…reside in the spacious, gorgeous, Owner’s unit with generous cash flow from three, income producing properties OR enjoy the many financial benefits of the property as a total investment with $8K-$9K, monthly income from all 4 units. Healthy income is achievable in a variety of ways: corporate rentals (current use), furnished long term rental or unfurnished long-term rentals. Each unit of the property is uniquely and tastefully decorated with its own personality and every detail addressed. Total turnkey! Property is being sold completely furnished, all art and accessories to remain to ensure continued, uninterrupted success after purchase. Do not miss the opportunity to live in and own a slice of history without compromising charm and luxury!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,729 sqft
Lot size1 Acres
Year built1868
MLS #2478991
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Total Bedroom Count: 5
- Parking: None
- Exterior: Courtyard, Fence, Porch, Patio
- Architectural Style: Cottage
- Heating: Central
- Cooling: Central Air
- List Price: $899,995
- Price/SqFt: $241
- Annual Tax Amount: $13,922
- Tax Year: 2020
- Lot: City Lot
- Directions: From Rampart, left off Esplanade at Bourbon, right on Kerlerec
- Year Built: 1868
- Stories: 2
- Living Area: 3,729 SqFt
- Lot Size: 1 Acres
- MLS Number: 2478991
- MLS Name: NOMAR
- Office Name: Keller Williams Realty New Orleans
- Office Phone: (504) 862-0100
- Office Email: klrw125@kw.com
- Listing Agent: Helene Barnett
- Agent Phone: (504) 289-1062
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Last updated on: 5/15/2025, 10:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,995
723 Kerlerec St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 18, 2018 | Home Sold | $1,140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $102,600 | $- |
| 2022 | $98,060 | $- |
| 2021 | $102,600 | $- |
| 2020 | $102,600 | $13,922 |
History based on county public records data.
Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
1.9 mi
•709 Park Blvd
2
McDonogh No.26 Elementary School
Public District PK-5
2.7 mi
•1200 Jefferson St
3
Audubon Charter School - Gentilly
Public Charter PK-4
3.0 mi
•4720 Painters 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 $38,583. The most common annual income of people living in New Orleans, LA is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
47%
<35k
42%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
90%
Single, No Kids
2%
Single, with Kids
8%
Married, No Kids
0%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
1%
12-17 yrs old
27%
18-34 yrs old
43%
35-64 yrs old
27%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Art Museums
Men's Tennis
Where do the neighbors shop?
Banana Republic
Bloomingdales
Nordstrom Rack
Where do the neighbors go to eat?
Jack In The Box
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Toyota
Audi
Volvo
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 723 Kerlerec St in New Orleans, LA and zip code 70116 in the Marigny neighborhood. This 3,729 square foot home, which was built in 1868, sits on a 1.00 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $899,995.
New Orleans, LA housing market in April 2025 saw over 40 listings sold above listed price, more than 45 sold at listed price and over 193 sold below. The inventory of homes for sale in New Orleans, LA between March and April 2025 increased by 13.8%. In April 2025, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $329,697.
From Rocket Homes Real Estate and based on county public records data.