2701-05 ST THOMAS Street, New Orleans, LA 70130 (MLS# NO2577592)

2701-05 ST THOMAS Street, New Orleans, LA 70130

$539,000
Property Type: MultiFamily Square Footage: 1,749 Status: Active
Current Price: $539,000 List Date: 9/17/2026 Last Modified: 10/18/2026

Overview

Description

LOCATION, LOCATION, LOCATION!! An exceptional opportunity in the HEART of the highly desirable IRISH CHANNEL! 2701-05 St. Thomas Street offers something increasingly difficult to find: TWO SEPARATE RESIDENCES IN TWO SEPARATE STRUCTURES, creating tremendous flexibility for an owner occupant, investor, or anyone seeking additional independent living space. The main residence features 2 separate bedrooms and 2 FULL baths, while the second cottage offers 2 bedrooms and 1 FULL bath. Live in one and enjoy rental income from the other, utilize both residences for your own needs, or add a unique Irish Channel property to your investment portfolio. The cottage at 2705 St. Thomas is currently occupied by a WONDERFUL LONG TERM TENANT paying $1,400 per month! And the LOCATION is truly Outstanding!! Only FOUR BLOCKS from Magazine Street and surrounded by some of the neighborhood's most recognizable destinations, including Parasol's, Coquette, The Channel, Molly's Rise and Shine and District Donuts. ...

Listing Details MLS# NO2577592

Listing Info

Delayed Marketing
No
Listing Price
539000
List Price/SqFt
308.18
Type
Duplex
Document Modified
2026-10-05 17:57:30.460361
Modification Timestamp
2026-10-18T06:45:25Z
Photo Modified
2026-09-17T20:28:36Z

Location Tax Legal Info

Street Number
2701-05
Street Name
ST THOMAS Street
Parish
Orleans
State
LA
Zip Code
70130
Tax Assessment Number
2701StThomasSt
Directions
TWO BLOCKS LAKE SIDE OFF TCHOUPITOULAS LOCATED ON THE UPTOWN LAKES SIDE OF ST THOMAS ST AND FOURTH ST Bounding Streets: WASHINGTON/ ROUSSEAU/ FOURTH CHIPPEWA

General Property Description

Number of Units
2
Stories
Yes
SqFt - Total
1749
SqFt - Source
Measured
Individual Metered?
Yes
Lot Dimensions
50 X 45

Originating Details

Originating System ID
ROAMM
Originating System Key
59782108
Originating System Listing ID
2577592
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
LOT X SQ 59

Remarks & Misc

Remarks
LOCATION, LOCATION, LOCATION!!<br><br> An exceptional opportunity in the HEART of the highly desirable IRISH CHANNEL! 2701-05 St. Thomas Street offers something increasingly difficult to find: TWO SEPARATE RESIDENCES IN TWO SEPARATE STRUCTURES, creating tremendous flexibility for an owner occupant, investor, or anyone seeking additional independent living space.<br><br> The main residence features 2 separate bedrooms and 2 FULL baths, while the second cottage offers 2 bedrooms and 1 FULL bath. Live in one and enjoy rental income from the other, utilize both residences for your own needs, or add a unique Irish Channel property to your investment portfolio. The cottage at 2705 St. Thomas is currently occupied by a WONDERFUL LONG TERM TENANT paying $1,400 per month!<br><br> And the LOCATION is truly Outstanding!!<br><br> Only FOUR BLOCKS from Magazine Street and surrounded by some of the neighborhood's most recognizable destinations, including Parasol's, Coquette, The Channel, Molly's Rise and Shine and District Donuts. Everyday conveniences are nearby as well, including Breaux Mart and The Fresh Market. Enjoy an incredibly walkable neighborhood with restaurants, neighborhood bars, coffee shops, shopping and the energy of Magazine Street only minutes from your front door.<br><br> This is the kind of property that offers OPTIONS: owner occupancy with supplemental rental income, two independent residences for extended living needs, or a long term investment in one of New Orleans' most recognizable historic neighborhoods.<br><br> TWO RESIDENCES. TWO SEPARATE STRUCTURES. ONE INCREDIBLE IRISH CHANNEL LOCATION.<br><br> Schedule your private showing and experience everything 2701-05 St. Thomas Street has to offer!!

More Information

Office/Member/Contract Info

List AOR
NOMAR

Parking

No Parking
Yes

Construction

Frame
Yes

Foundation

Piers
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Fencing

Other
Yes

Lot

Corner
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Water
Yes

Property Features

Parking: No Parking Construction: Frame Foundation: Piers Roof: Composition Heating: Central Cooling: Central Air Lot: Corner Fencing: Other Tenant Pays: Electric; Gas; Water
IDX
Listing Office: Keller Williams Realty New Orleans
Last Updated: October - 18 - 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.