#2470679, Matthew Tranchina, Listing Office: Z Group, LLC
$10,000
closing credit¹
936 Esplanade Ave New Orleans, LA 70116
Property details
About 936 Esplanade Ave
Add this gorgeous apartment complex to your investment portfolio! Location, Location, Location! Truly a stunning property boasting a collection of 5 beautifully renovated apartments. Nestled on a desirable tree lined block on the corner of Burgundy and Esplanade and across the street from Melrose Mansion and near the dog park! The property features a LARGE charming courtyard, and a front balcony. Renovated in 2020, the building exudes modern elegance while retaining its historic charm. With its prime location, these desirable apartments are easily rented, making this property a fantastic investment opportunity. Units 103, 201 and 202 are rented. The large owners unit (unit 102) is VACANT and ready for new owner to occupy or rent. Owners unit can be utilized with attached Mother in law suite or additional rental! Rent total includes past rental amount and are approximate. The large primary unit/owners unit (unit 102) features 2 LARGE bedroom suites each with connecting bath, dressing room with an abundance of closets, 2.5 baths, enormous chef's kitchen, formal living and dining rooms spanning two stories with 1756 square feet of living space and can be combined with the rear unit for additional bedrooms. Historic fireplace mantels and tall ceilings. There are an additional four easily rentable one-bedroom and one-bath studio units within the building. Laundry on site. 4 electric meters and one water meter.. Units 103, 201 and 202 are stable tenants and each unit last rented within one week on the market! Unit 102 (large owners unit) and unit 101 (rear first floor mother in law unit) have just become available following the relocation of a long term tenant for a job out of state. Don't miss your chance to reside on the left side of the building while also benefiting from income generated by the other four rental units! 5 total units (101, 102, 103, 201 and 202).
Highlights
Summary
- MLS Number: 2471838
- MLS Name: NOMAR
- Office Name: LATTER & BLUM (LATT28)
- Office Phone: (504) 861-7575
- Office Email: uptownsupport@latterblum.com
- Listing Agent: Tricia King
- Agent Phone: (504) 722-7640
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Last updated on: 2/3/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,249,000
936 Esplanade Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 10, 2020 | Home Sold | $849,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $106,800 | $- |
2022 | $102,490 | $- |
2021 | $106,800 | $- |
2020 | $106,800 | $15,526 |
2019 | $103,690 | $15,665 |
2018 | $103,690 | $15,976 |
2017 | $98,760 | $14,529 |
History based on county public records data.
Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
2.0 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 $54,883. Typical income of New Orleans, LA residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 936 Esplanade Ave
This home is located at 936 Esplanade Ave in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 3,790 square foot home was built in 1890. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $1,249,000.
In January 2025 more than 16 listings in New Orleans, LA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 129 were sold below. In January 2025 in New Orleans, LA there were 8.7% more homes for sale than in December. While the average time on the market in January 2025 was 82 days, the median list price was $328,483.