1201 CANAL Street, 562, New Orleans, LA 70112 (MLS# NO2540106)

1201 CANAL Street, 562, New Orleans, LA 70112

New Listing
$195,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 902 Status: Active
Current Price: $195,000 List Date: 1/28/2026 Last Modified: 2/04/2026

Description

Prime investment opportunity in a highly desirable location with strong ROI potential. This spacious condo features soaring 16' ceilings, an open layout, and excellent natural light--providing an ideal canvas for value-add improvements. Recently updated HVAC offers peace of mind on a major system upgrade. Generous living areas and existing kitchen footprint allow for flexible redesign options to maximize resale or rental performance. Conveniently located near dining, entertainment, and major corridors, supporting long-term tenant and buyer demand. Perfect for investors or buyers seeking upside through cosmetic updates. Rare chance to unlock value in a prime area--bring your vision.

Supplements: ********

More Information MLS# NO2540106

Listing Info

Delayed Marketing: No List Price/SqFt: 216.19 Sub-Type: Condominium Document Modified: 2026-02-01 20:55:09.089597 Status: Active Listing Date: 2026-01-28 Listing Price: 195000 Current Price: $195,000 Type: Single Family Residence Modification Timestamp: 2026-02-04T03:27:05Z Photo Modified: 2026-02-04T03:26:46Z

Location, Tax & Legal Info

Legal Desc: 1. SQS 124 127 128 PARCELS 1 3 2. 5-10 CANAL BASIN IBERVILLE ET AL 3. UNIT 562 .39%

General Property Description

Lot Dimensions: 0x0 SqFt - Living: 902 SqFt - Source: Public Record SqFt - Total: 902 Assn Fee $: 653 Assn Fee Terms: Monthly Acreage Range: 0 - 0.5 # Bedrooms: 2 Baths - Full: 2 Total Baths: 2 Year Built: 1920

Remarks & Misc

Remarks: Prime investment opportunity in a highly desirable location with strong ROI potential. This spacious condo features soaring 16' ceilings, an open layout, and excellent natural light--providing an ideal canvas for value-add improvements. Recently updated HVAC offers peace of mind on a major system upgrade. Generous living areas and existing kitchen footprint allow for flexible redesign options to maximize resale or rental performance. Conveniently located near dining, entertainment, and major corridors, supporting long-term tenant and buyer demand. Perfect for investors or buyers seeking upside through cosmetic updates. Rare chance to unlock value in a prime area--bring your vision.

Office/Member/Contract Info

List AOR: NOMAR

Style

Contemporary: 1

Siding

Stucco: 1

Construction

Concrete: 1

Foundation

Piers: 1

Roof

Other: 1

Heating

Central: 1

Cooling

Central Air: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Utilities

Elec: Entergy: 1

Countertops

Granite: 1

Rooms

Bathroom 1: 1 Bedroom 1: 1 Kitchen: 1 Living Room: 1 Primary Bathroom: 1 Primary Bedroom: 1

Amenities

Community Pool: 1 Elevator: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 56834839 Originating System Listing ID: 2540106 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 1201 Street Name: CANAL Street Unit #: 562 Parish: Orleans State: LA Zip Code: 70112 Tax Assessment Number: 1 3 2. 5-10 Directions: Entrance is on Basin St. Right across from Saenger Theater Bounding Streets: Basin, Iberville

Property Features

Style: Contemporary Siding: Stucco Construction: Concrete Foundation: Piers Roof: Other Heating: Central Cooling: Central Air Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Countertops: Granite Rooms: Bathroom 1; Bedroom 1; Kitchen; Living Room; Primary Bathroom; Primary Bedroom Amenities: Community Pool; Elevator Utilities: Elec: Entergy

Room Information

Kitchen Length: 10.00 Width: 9.60 Remarks: Kitchen Primary Bedroom Length: 19.90 Width: 11.20 Remarks: Primary Bedroom Primary Bathroom Length: 10.10 Width: 5.00 Remarks: Primary Bathroom Bathroom 1 Length: 8.80 Width: 5.40 Remarks: Bathroom Bedroom 1 Length: 12.90 Width: 9.60 Remarks: Bedroom Living Room Length: 19.90 Width: 11.20 Remarks: Living Room
Listing Office: Keller Williams Realty New Orleans
IDX
Last Updated: February - 04 - 2026
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.