114 S HENNESSEY Street, New Orleans, LA 70119
$674,900
Property Type:
MultiFamily
Square Footage:
3,584
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$674,900
List Date:
10/02/2025
Last Modified:
10/20/2025
Description
Acquire a fully leased Mid-City double, one block off Canal Street. 114-116 S Hennessey Street offers in-place income of $5,100/month ($61,200 annualized) with upside through rent increases or short-term rental activation (114 is currently permitted for STR). Zoned HU-MU (Historic Urban Mixed-Use), this +-3,584 SF property sits in Flood Zone X and conveys with furnishings and appliances (tenant personal items excluded). New roof Dec 2023. The 114 side ($2,400/month) is on a month-to-month lease, giving a buyer immediate flexibility to reset rents or pursue STR use. The 116 side ($2,700/month) is leased through March 2026. Previous STR operations on 114 generated $43,800/year, demonstrating strong short-term demand.
Supplements: ********
More Information MLS# NO2524561
Listing Info
Delayed Marketing: No
List Price/SqFt: 188.31
Document Modified: 2025-10-20 17:29:56.234035
Status: Active
Listing Date: 2025-10-02
Listing Price: 674900
Current Price: $674,900
Type: Duplex
Modification Timestamp: 2025-10-20T22:34:46Z
Photo Modified: 2025-10-02T18:17:43Z
Location, Tax & Legal Info
Legal Desc: SQ 784 PT LOT 13-A SO HENNESEY ST 34 6X128 114-16 S HENNESSEY
General Property Description
Lot Dimensions: 34X128
Stories: 2
SqFt - Total: 3584
SqFt - Source: Public Record
Number of Units: 2
Acres: 0.1
Remarks & Misc
Remarks: Acquire a fully leased Mid-City double, one block off Canal Street. 114-116 S Hennessey Street offers in-place income of $5,100/month ($61,200 annualized) with upside through rent increases or short-term rental activation (114 is currently permitted for STR). Zoned HU-MU (Historic Urban Mixed-Use), this +-3,584 SF property sits in Flood Zone X and conveys with furnishings and appliances (tenant personal items excluded). New roof Dec 2023. The 114 side ($2,400/month) is on a month-to-month lease, giving a buyer immediate flexibility to reset rents or pursue STR use. The 116 side ($2,700/month) is leased through March 2026. Previous STR operations on 114 generated $43,800/year, demonstrating strong short-term demand.
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Siding
Wood: 1
Parking
No Parking: 1
Construction
Brick: 1
Foundation
Piers: 1
Roof
Composition: 1
Heating
Central: 1
Cooling
Central Air: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 52634385
Originating System Listing ID: 2524561
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 114
Dir: S
Street Name: HENNESSEY Street
Parish: Orleans
State: LA
Zip Code: 70119
Tax Assessment Number: 105305811
Directions: Bounding Streets: Canal St., Cleveland St., S Solomon St.
Property Features
Siding: Wood
Parking: No Parking
Construction: Brick
Foundation: Piers
Roof: Composition
Heating: Central
Cooling: Central Air
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Listing Office:
Talbot Realty Group
IDX
Last Updated: October - 20 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.