2424 VALENCE Street, New Orleans, LA 70115
$590,000
Property Type:
MultiFamily
Square Footage:
2,749
Status:
Active
Current Price:
$590,000
List Date:
1/06/2026
Last Modified:
1/06/2026
Description
Commercially-zoned and a perfect opportunity for an office conversion or any of the many HUMU zoning uses, this two-story duplex is just two houses off the vibrant Freret Street corridor. This versatile multifamily property has three units - an upper and lower unit in the main structure and an unfinished detached apartment, full of potential, in the back of the house. Beautifully maintained, this cheerful property has original fireplaces (nonworking) and beautiful tile work throughout. Each unit (including the unfinished bonus unit) has two bedrooms and one bathroom, a cozy kitchen and a washer and dryer. Enjoy coffee from the front porch or the upstairs balcony - the perfect setting to soak up some outdoor time. Ideally situated just steps from Freret, with immediate access to restaurants, Rouse's grocery, coffee shops, nightlife and all that this great location has to offer, all while tucked into a charming residential block. Located in an X flood zone with off-street parking and zoned Historic Urban Mixed Use, a standout opportunity in an unbeatable location--this one checks every box. Whether you're searching for a personal home, a cash-flowing investment, or a hybrid living arrangement, this property delivers unmatched flexibility and value in a location that is hard to beat! Square footage of back unit is not included in total.
Supplements: ********
More Information MLS# NO2536566
Listing Info
Delayed Marketing: No
List Price/SqFt: 214.62
Document Modified: 2026-01-05 20:25:42.805370
Status: Active
Listing Date: 2026-01-05
Listing Price: 590000
Current Price: $590,000
Type: Duplex
Modification Timestamp: 2026-01-06T02:30:34Z
Photo Modified: 2026-01-06T01:55:15Z
Location, Tax & Legal Info
Legal Desc: 1. SQ 581 LOT 12 VALENCE 30X120 2. 2424-26 VALENCE ST 3. DUP-W 4. TAX SALE 1/10 1%
General Property Description
Lot Dimensions: 30x120
Stories: 2
SqFt - Total: 2749
SqFt - Source: Appraiser
Individual Metered?: Yes
Number of Units: 2
Remarks & Misc
Remarks: Commercially-zoned and a perfect opportunity for an office conversion or any of the many HUMU zoning uses, this two-story duplex is just two houses off the vibrant Freret Street corridor. This versatile multifamily property has three units - an upper and lower unit in the main structure and an unfinished detached apartment, full of potential, in the back of the house. Beautifully maintained, this cheerful property has original fireplaces (nonworking) and beautiful tile work throughout. Each unit (including the unfinished bonus unit) has two bedrooms and one bathroom, a cozy kitchen and a washer and dryer. Enjoy coffee from the front porch or the upstairs balcony - the perfect setting to soak up some outdoor time. Ideally situated just steps from Freret, with immediate access to restaurants, Rouse's grocery, coffee shops, nightlife and all that this great location has to offer, all while tucked into a charming residential block. Located in an X flood zone with off-street parking and zoned Historic Urban Mixed Use, a standout opportunity in an unbeatable location--this one checks every box. Whether you're searching for a personal home, a cash-flowing investment, or a hybrid living arrangement, this property delivers unmatched flexibility and value in a location that is hard to beat! Square footage of back unit is not included in total.
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Foundation
Piers: 1
Exterior
Balcony: 1
Patio
Porch: 1
Roof
Composition: 1
Heating
Other: 1
Cooling
Other: 1
Tenant Pays
Electric: 1
Gas: 1
Water: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 56592841
Originating System Listing ID: 2536566
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 2424
Street Name: VALENCE Street
Parish: Orleans
State: LA
Zip Code: 70115
Tax Assessment Number: 614324605
Directions: Bounding Streets: Freret, Lasalle, Upperline
Property Features
Foundation: Piers
Roof: Composition
Heating: Other
Cooling: Other
Exterior: Balcony
Tenant Pays: Electric; Gas; Water
Documents
Listing Office:
Reese & Company Real Estate, LLC
IDX
Last Updated: January - 06 - 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.
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