2039 CALHOUN Street, New Orleans, LA 70118 (MLS# NO2493890)

Remarks & Misc

Remarks

Ideally located at Freret and Calhoun Streets, just steps from Tulane and Loyola Universities, 2039 Calhoun offers a fully leased 12-bedroom, 5,700+ SF student housing investment property. The property features a standalone four-bedroom unit on the ground floor and an eight-bedroom unit on the second and third floors. Currently leased to one group, the units can also be rented separately by closing a door. Each unit includes a full kitchen and in-unit laundry. With a commanding corner presence, direct sightlines to the universities, off street parking, and original historic details, the property has undergone extensive renovations, including a new roof, gutters, exterior paint, major siding and HVAC repairs, new flooring, updated bathrooms, new laundry units and many others. Centrally located in Uptown, just minutes from the Freret and Maple Street commercial corridors, the property is in constant high demand and ensures strong, stable rental income. The upper unit is fully leased for 2025-2026, and ownership is finalizing a lease for the ground floor. 2039 Calhoun Street is a rare opportunity in an unbeatable university location.

Office/Member/Contract Info

List AOR

NOMAR

Construction

Other

Yes

Foundation

Slab

Yes

Exterior

Balcony

Yes

Patio

Porch

Yes

Roof

Composition

Yes

Heating

Central

Yes

Cooling

Central Air

Yes

Window Units

Yes

Lot

Corner

Yes

Tenant Pays

Electric

Yes

Gas

Yes

Water

Yes

Property Features