2101 ESPLANADE Avenue, New Orleans, LA 70119
$1,275,000
Property Type:
MultiFamily
Square Footage:
4,735
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$1,275,000
List Date:
3/03/2026
Last Modified:
3/26/2026
Description
Prime investment opportunity on Esplanade Ave in the heart of historic Treme. This turnkey multifamily property includes six units and is appraised at $1.4M. The main unit is vacant -perfect for immediate leasing or flexible use. Five units are leased, previously generating $11,300 per month, offering a mix of steady earnings and growth potential for investors.
Fully renovated in 2023, the building features a newer roof, newer HVAC systems, updated plumbing, newer appliances, modern fixtures, and newer siding. There is no deferred maintenance. The property includes five 2BR/1BA units, each with their own laundry, one studio unit, and rear off-street parking. The main unit boasts original hardwood floors, soaring 12-foot ceilings, and a wrap-around corner balcony with spectacular views.
Located on a prominent corner along the iconic Esplanade Ave, you're just minutes from the French Quarter, Faubourg Marigny, and City Park. With cultural and tourism attractions all around, this location promises steady demand throughout the year. Area comps are strong, and income potential is scalable, making this a rare chance to secure a high-profile asset in a thriving rental market.
Fully renovated in 2023, the building features a newer roof, newer HVAC systems, updated plumbing, newer appliances, modern fixtures, and newer siding. There is no deferred maintenance. The property includes five 2BR/1BA units, each with their own laundry, one studio unit, and rear off-street parking. The main unit boasts original hardwood floors, soaring 12-foot ceilings, and a wrap-around corner balcony with spectacular views.
Located on a prominent corner along the iconic Esplanade Ave, you're just minutes from the French Quarter, Faubourg Marigny, and City Park. With cultural and tourism attractions all around, this location promises steady demand throughout the year. Area comps are strong, and income potential is scalable, making this a rare chance to secure a high-profile asset in a thriving rental market.
Supplements: ********
More Information MLS# NO2545769
Listing Info
Delayed Marketing: No
List Price/SqFt: 269.27
Document Modified: 2026-03-25 22:49:00.114416
Status: Active
Listing Date: 2026-03-03
Listing Price: 1275000
Current Price: $1,275,000
Modification Timestamp: 2026-03-26T06:33:27Z
Photo Modified: 2026-03-25T23:15:48Z
Location, Tax & Legal Info
Legal Desc: SQ 1042 LOT B OR B-1 N GALVEZ ST & ESPLANADE AVE 95X60 (1401 N GALVEZ & 2101 ESPLANADE AVE)
General Property Description
Lot Dimensions: 95 x 60
Stories: 2
SqFt - Total: 4735
SqFt - Source: Measured
Number of Units: 6
Acres: 0.13
Remarks & Misc
Remarks: Prime investment opportunity on Esplanade Ave in the heart of historic Treme. This turnkey multifamily property includes six units and is appraised at $1.4M. The main unit is vacant -perfect for immediate leasing or flexible use. Five units are leased, previously generating $11,300 per month, offering a mix of steady earnings and growth potential for investors.
Fully renovated in 2023, the building features a newer roof, newer HVAC systems, updated plumbing, newer appliances, modern fixtures, and newer siding. There is no deferred maintenance. The property includes five 2BR/1BA units, each with their own laundry, one studio unit, and rear off-street parking. The main unit boasts original hardwood floors, soaring 12-foot ceilings, and a wrap-around corner balcony with spectacular views.
Located on a prominent corner along the iconic Esplanade Ave, you're just minutes from the French Quarter, Faubourg Marigny, and City Park. With cultural and tourism attractions all around, this location promises steady demand throughout the year. Area comps are strong, and income potential is scalable, making this a rare chance to secure a high-profile asset in a thriving rental market.
Fully renovated in 2023, the building features a newer roof, newer HVAC systems, updated plumbing, newer appliances, modern fixtures, and newer siding. There is no deferred maintenance. The property includes five 2BR/1BA units, each with their own laundry, one studio unit, and rear off-street parking. The main unit boasts original hardwood floors, soaring 12-foot ceilings, and a wrap-around corner balcony with spectacular views.
Located on a prominent corner along the iconic Esplanade Ave, you're just minutes from the French Quarter, Faubourg Marigny, and City Park. With cultural and tourism attractions all around, this location promises steady demand throughout the year. Area comps are strong, and income potential is scalable, making this a rare chance to secure a high-profile asset in a thriving rental market.
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Siding
Stucco: 1
Parking
Assigned: 1
Foundation
Slab: 1
Roof
Composition: 1
Heating
Central: 1
Cooling
Central Air: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57250938
Originating System Listing ID: 2545769
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 2101
Street Name: ESPLANADE Avenue
Parish: Orleans
State: LA
Zip Code: 70119
Tax Assessment Number: 37W201801
Directions: Bounding Streets: N. Galvez
Property Features
Siding: Stucco
Parking: Assigned
Foundation: Slab
Roof: Composition
Heating: Central
Cooling: Central Air
Documents
Lead Paint Disclosure ›
Listing Office:
Compass Uptown (LATT07)
IDX
Last Updated: March - 26 - 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.