2851 MAUREPAS Street, New Orleans, LA 70119
$599,000
Property Type:
MultiFamily
Square Footage:
3,244
Status:
Active
Current Price:
$599,000
List Date:
1/24/2025
Last Modified:
2/04/2026
Description
Fully Rented Income Producing Fourplex in Exceptional Fairgrounds/Bayou St. John Location! Unbelievable location for Jazz Fest, "a stone's throw" from the iconic Fairgrounds. This historic raised-basement style 4plex is rich with charm and character and is fully occupied/rented with long term tenants in all four units with total current rent of $5,700 per month. Three of the units are on month-to-month leases. Each unit features: living area/den, 2 bedrooms (shotgun style), 1 bath, large kitchen, & laundry. Top right & bottom right units both renovated in 2022 w/ central HVAC in top unit and split units in bottom unit!! Coveted X flood zone. Separate electric & gas meters, 1 water meter. The owners have taken great care of the building with great attention to timely upgrades and ongoing maintenance including a brand new roof and updated electrical system. There is a possibility of putting down a grate over existing curb cut to allow parking for a smaller type vehicle, buyer to verify. EXCELLENT OPPORTUNITY!!
Supplements: ********
More Information MLS# NO2484065
Listing Info
Delayed Marketing: No
List Price/SqFt: 184.65
Document Modified: 2026-02-04 10:47:31.390898
Status: Active
Listing Date: 2025-01-23
Listing Price: 599000
Current Price: $599,000
Modification Timestamp: 2026-02-04T16:48:01Z
Photo Modified: 2026-01-30T20:10:35Z
Location, Tax & Legal Info
Legal Desc: SQ 1562 PT LOT H (as per title)
General Property Description
Lot Dimensions: 31' x 79'
Stories: 2
SqFt - Total: 3244
SqFt - Source: Measured
Individual Metered?: Yes
Number of Units: 4
Remarks & Misc
Remarks: Fully Rented Income Producing Fourplex in Exceptional Fairgrounds/Bayou St. John Location! Unbelievable location for Jazz Fest, "a stone's throw" from the iconic Fairgrounds. This historic raised-basement style 4plex is rich with charm and character and is fully occupied/rented with long term tenants in all four units with total current rent of $5,700 per month. Three of the units are on month-to-month leases. Each unit features: living area/den, 2 bedrooms (shotgun style), 1 bath, large kitchen, & laundry. Top right & bottom right units both renovated in 2022 w/ central HVAC in top unit and split units in bottom unit!! Coveted X flood zone. Separate electric & gas meters, 1 water meter. The owners have taken great care of the building with great attention to timely upgrades and ongoing maintenance including a brand new roof and updated electrical system. There is a possibility of putting down a grate over existing curb cut to allow parking for a smaller type vehicle, buyer to verify. EXCELLENT OPPORTUNITY!!
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Siding
Wood: 1
Parking
No Parking: 1
Construction
Brick: 1
Frame: 1
Foundation
Piers: 1
Slab: 1
Roof
Composition: 1
Heating
Central: 1
Other: 1
Cooling
Central Air: 1
Window Units: 1
Fencing
Other: 1
Owner Pays
Water: 1
Tenant Pays
Electric: 1
Gas: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 49641044
Originating System Listing ID: 2484065
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 2851
Street Name: MAUREPAS Street
Parish: Orleans
State: LA
Zip Code: 70119
Tax Assessment Number: 2851-MAUREPASST
Directions: TWO BLOCKS OFF OF ESPLANADE & TWO BLOCKS FAIRGROUNDS SIDE OF GENTILLY BLVD Bounding Streets: SAUVAGE/ PONCE DE LEON/ N WHITE/ N LOPEZ
Property Features
Siding: Wood
Parking: No Parking
Construction: Brick; Frame
Foundation: Piers; Slab
Roof: Composition
Heating: Central; Other
Cooling: Central Air; Window Units
Fencing: Other
Owner Pays: Water
Tenant Pays: Electric; Gas
Listing Office:
FQR Realtors
IDX
Last Updated: February - 04 - 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.