1517 CRETE Street, New Orleans, LA 70119 (MLS# NO2556856)

1517 CRETE Street, New Orleans, LA 70119

New Listing
$649,000
Property Type: MultiFamily Square Footage: 3,280 Status: Active
Current Price: $649,000 List Date: 6/08/2026 Last Modified: 6/08/2026

Overview

Description

ASSUMABLE 3.25% FHA Mortgage -- Ask for Details. Charming historic fourplex in Esplanade Ridge, just 2 blocks from Jazz Fest. New roof 2022, X Flood Zone, new electrical, fresh paint, and updated window units throughout. Three units tenant-occupied with strong rental history generating approximately $4,300/month. Sale includes both furnished lower units, with furniture conveying to the Buyer. One lower unit operates as a midterm rental with strong STR history. Large backyard with room to add a guest cottage or carriage house for a 5th income stream. Off-street parking. Flexible layout allows conversion to a double or triplex for a large owner's unit. Historic details preserved throughout with classic charm and modern updates. Minutes from Bayou St. John, NOMA, and some of the city's best restaurants and coffee shops. **Qualified buyers may assume existing 3.25% FHA mortgage. 26 years remaining. Don't miss this unique opportunity in one of New Orleans' most vibrant neighborhoods! All sh ...

Listing Details MLS# NO2556856

Listing Info

Delayed Marketing
No
Listing Price
649000
List Price/SqFt
197.87
Modification Timestamp
2026-06-08T18:01:26Z
Photo Modified
2026-06-08T17:41:07Z

Location Tax Legal Info

Street Number
1517
Street Name
CRETE Street
Parish
Orleans
State
LA
Zip Code
70119
Tax Assessment Number
37W300615
Directions
Bounding Streets: Esplanade, Grand Route St. John, Lepage St.

General Property Description

Number of Units
4
Stories
2
SqFt - Total
3280
SqFt - Source
Measured
Individual Metered?
No
Lot Dimensions
32/37 x 141

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
58041662
Originating System Listing ID
2556856
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
SQ 1528 LOT A Crete St 32/37 X 141

More Information

Remarks & Misc

Remarks
ASSUMABLE 3.25% FHA Mortgage -- Ask for Details. Charming historic fourplex in Esplanade Ridge, just 2 blocks from Jazz Fest. New roof 2022, X Flood Zone, new electrical, fresh paint, and updated window units throughout. Three units tenant-occupied with strong rental history generating approximately $4,300/month. Sale includes both furnished lower units, with furniture conveying to the Buyer. One lower unit operates as a midterm rental with strong STR history. Large backyard with room to add a guest cottage or carriage house for a 5th income stream. Off-street parking. Flexible layout allows conversion to a double or triplex for a large owner's unit. Historic details preserved throughout with classic charm and modern updates. Minutes from Bayou St. John, NOMA, and some of the city's best restaurants and coffee shops. **Qualified buyers may assume existing 3.25% FHA mortgage. 26 years remaining. Don't miss this unique opportunity in one of New Orleans' most vibrant neighborhoods! All showings require 24 hours notice.

Office/Member/Contract Info

List AOR
NOMAR

Siding

Stucco
Yes
Wood
Yes

Foundation

Piers
Yes

Exterior

Balcony
Yes

Patio

Porch
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Fencing

Other
Yes

Owner Pays

Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Property Features

Siding: Stucco; Wood Foundation: Piers Roof: Composition Heating: Central Cooling: Central Air Exterior: Balcony Fencing: Other Owner Pays: Water Tenant Pays: Electric; Gas
IDX
Listing Office: Freret Realty
Last Updated: June - 08 - 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.