1411 TERPSICHORE Street, New Orleans, LA 70130 (MLS# NO2553725)

Remarks & Misc

Remarks

This stunning late-19th-century Greek Revival 4-plex sits on the edge of historic Coliseum Square in New Orleans' vibrant Lower Garden District. A masterful blend of timeless architectural character with thoughtful modern updates, delivering immediate cash flow of $7,650/ month gross income. Just one block from the iconic St. Charles Avenue streetcar line, residents enjoy effortless access to the entire city. A quick ride takes you to the French Quarter, Audubon Park, or Tulane and Loyola universities. One street over, Magazine Street buzzes with indie boutiques, world-class dining, art galleries, and lively cafes that make every day feel like a local adventure. The property features approximately 4,990 square feet across four spacious units (roughly 1,000-1,500 sq ft each), offering a mix of 1- to 3-bedroom layouts that live like private town homes with separate entrances and outdoor spaces. Inside, you'll find preserved 19th-century details that define New Orleans charm: soaring high ceilings, gleaming antique heart-pine flooring, exposed beams, beautiful cypress millwork, original transom windows, and elegant ceiling medallions. Two units have been recently renovated with fresh appeal, including brand-new kitchens featuring sleek quartz countertops, contemporary cabinetry, and stainless steel appliances. The other units retain their authentic historic feel while remaining fully functional and tenant-ready. All units boast generous living areas, ample natural light, and the kind of character you simply can't replicate in new construction. Located in Flood Zone X, this turnkey investment property minimizes risk while maximizing return in one of the city's most desirable and walkable neighborhoods. Whether you're an investor seeking strong cash flow or a buyer looking to live in one unit and rent the others, this property is the perfect balance of historic elegance, modern convenience, and unbeatable location.

Office/Member/Contract Info

List AOR

NOMAR

Siding

Wood

Yes

Parking

No Parking

Yes

Foundation

Piers

Yes

Exterior

Balcony

Yes

Patio

Porch

Yes

Roof

Composition

Yes

Heating

Central

Yes

Wall Units

Yes

Other

Yes

Cooling

Central Air

Yes

Wall Units

Yes

Window Units

Yes

Owner Pays

Water

Yes

Tenant Pays

Electric

Yes

Property Features