2424 VALENCE Street, New Orleans, LA 70115 (MLS# NO2536566)

2424 VALENCE Street, New Orleans, LA 70115

$535,000
Property Type: MultiFamily Square Footage: 2,749 Status: Active
Current Price: $535,000 List Date: 1/06/2026 Last Modified: 4/25/2026

Overview

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 zon ...

Listing Details MLS# NO2536566

Listing Info

Delayed Marketing
No
Listing Price
535000
List Price/SqFt
194.62
Type
Duplex
Document Modified
2026-04-24 19:05:43.416051
Modification Timestamp
2026-04-25T00:05:56Z
Photo Modified
2026-03-23T20:41:55Z

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

General Property Description

Number of Units
2
Stories
2
SqFt - Total
2749
SqFt - Source
Appraiser
Individual Metered?
Yes
Lot Dimensions
30x120

Currently Not Used

Acreage Range
0 - 0.5

Unit 1

Type
Other
Beds
2
Full Baths
Yes
SqFt
1374
Rent/Mo
2000

Unit 2

Type
Other
Beds
2
Full Baths
Yes
SqFt
1374
Rent/Mo
2000

More Information

Unit 3

Type
Other
Beds
2
Full Baths
Yes
SqFt
1375
Rent/Mo
0

Unit 4

Type
Other
Beds
2
Full Baths
Yes
SqFt
1374
Rent/Mo
2000

Originating Details

Originating System ID
ROAMM
Originating System Key
56592841
Originating System Listing ID
2536566
Originating System Name
ROAM Matrix

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%

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

Foundation

Piers
Yes

Exterior

Balcony
Yes

Patio

Porch
Yes

Roof

Composition
Yes

Heating

Other
Yes

Cooling

Other
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Water
Yes

Property Features

Foundation: Piers Roof: Composition Heating: Other Cooling: Other Exterior: Balcony Tenant Pays: Electric; Gas; Water
IDX
Listing Office: Reese & Company Real Estate, LLC
Last Updated: April - 25 - 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.