2424 VALENCE Street, New Orleans, LA 70115
$590,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
2,749
Status:
Active
Current Price:
$590,000
List Date:
1/07/2026
Last Modified:
1/07/2026
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# NO2537019
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 214.62
Status: Active
Listing Date: 2026-01-07
Listing Price: 590000
Current Price: $590,000
Modification Timestamp: 2026-01-07T21:45:30Z
Photo Modified: 2026-01-07T21:30:19Z
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
Acreage Range: 0 - 0.5
Sale/Lease Info
Lease Purchase: No
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
Property Type
Retail: 1
Features
Living Space Available: 1
Landlord Pays
Building Insurance: 1
Property Taxes: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 56623434
Originating System Listing ID: 2537019
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
Zone: HUMU
Directions: Bounding Streets: Freret, Lasalle, Upperline
Property Features
Property Type: Retail
Features: Living Space Available
Landlord Pays: Building Insurance; Property Taxes
Listing Office:
Reese & Company Real Estate, LLC
IDX
Last Updated: January - 07 - 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.