2424 VALENCE Street, New Orleans, LA 70115 (MLS# NO2537019)

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.