313 EXCHANGE Place, New Orleans, LA 70130
$9,660,000
Property Type:
MultiFamily
Square Footage:
25,050
Status:
Active
Current Price:
$9,660,000
List Date:
10/02/2025
Last Modified:
11/16/2025
Description
Owner willing to discuss financing if multiple properties are purchased. This (7) building, 27-unit portfolio offers a rare, generational opportunity to acquire a strategically located mix of commercial, multifamily, and residential assets in the heart of the French Quarter--one of the most supply-constrained and historically stable submarkets in the region. The portfolio includes a majority of residential apartments complemented by ground floor commercial spaces, with several properties on the National Historic Registry. The properties showcase extensive recent capital improvements while preserving their historic charm. 525 and 513 Conti each feature brand-new roofs, 1524 St. Mary St has new gutters, 307 Exchange has a new elevator, and 522-24 Burgundy St includes an award-winning renovation. Additional highlights include new renovations for most units and the courtyard interior at 307 Exchange --where Edgar Degas painted and where a commemorative plaque remains on the exterior. All assets occupy prime locations within historically protected districts that benefit from year-round foot traffic and limited new construction. These properties have consistently attracted successful commercial tenants and long-term residential tenants, ensuring stable occupancy and proven demand. Historic architecture combined with modernized systems and recent renovations supports ongoing operational viability and long-term appreciation making this portfolio a once in a lifetime opportunity.
Supplements: ********
More Information MLS# NO2524309
Listing Info
Delayed Marketing: No
List Price/SqFt: 385.63
Document Modified: 2025-11-12 01:31:39.068671
Status: Active
Listing Date: 2025-10-02
Listing Price: 9660000
Current Price: $9,660,000
Modification Timestamp: 2025-11-16T14:15:01Z
Photo Modified: 2025-10-02T18:41:03Z
General Property Description
Lot Dimensions: VAR
Stories: 3
SqFt - Total: 25050
SqFt - Source: Public Record
Individual Metered?: Yes
Number of Units: 27
Remarks & Misc
Remarks: Owner willing to discuss financing if multiple properties are purchased. This (7) building, 27-unit portfolio offers a rare, generational opportunity to acquire a strategically located mix of commercial, multifamily, and residential assets in the heart of the French Quarter--one of the most supply-constrained and historically stable submarkets in the region. The portfolio includes a majority of residential apartments complemented by ground floor commercial spaces, with several properties on the National Historic Registry. The properties showcase extensive recent capital improvements while preserving their historic charm. 525 and 513 Conti each feature brand-new roofs, 1524 St. Mary St has new gutters, 307 Exchange has a new elevator, and 522-24 Burgundy St includes an award-winning renovation. Additional highlights include new renovations for most units and the courtyard interior at 307 Exchange --where Edgar Degas painted and where a commemorative plaque remains on the exterior. All assets occupy prime locations within historically protected districts that benefit from year-round foot traffic and limited new construction. These properties have consistently attracted successful commercial tenants and long-term residential tenants, ensuring stable occupancy and proven demand. Historic architecture combined with modernized systems and recent renovations supports ongoing operational viability and long-term appreciation making this portfolio a once in a lifetime 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
Foundation
Slab: 1
Exterior
Balcony: 1
Roof
Composition: 1
Heating
Central: 1
Cooling
Central Air: 1
Financing
Owner Finance: 1
Owner Pays
Water: 1
Tenant Pays
Electric: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 52618546
Originating System Listing ID: 2524309
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 313
Street Name: EXCHANGE Place
Parish: Orleans
State: LA
Zip Code: 70130
Tax Assessment Number: MULT
Directions: Bounding Streets: Bienville, Conti
Property Features
Siding: Wood
Parking: No Parking
Construction: Brick
Foundation: Slab
Roof: Composition
Heating: Central
Cooling: Central Air
Exterior: Balcony
Owner Pays: Water
Tenant Pays: Electric
Financing: Owner Finance
Documents
Listing Office:
Bridgewater Realty Advisors, LLC
IDX
Last Updated: November - 16 - 2025
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.
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