315 DECATUR Street, New Orleans, LA 70130
$2,550,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
8,800
Status:
Active
Current Price:
$2,550,000
List Date:
6/11/2025
Last Modified:
2/03/2026
Description
Significant price reduction! Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include balconies overlooking the goings-on of the Quarter. All units have floor plans with independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors and large closets. Property was fully renovated in 2016 and sits in the heart of all the action the French Quarter provides. Most recent gross rental amount with 100% occupancy was $19,600/month.
Supplements: ********
More Information MLS# NO2506621
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 289.77
Status: Active
Listing Date: 2025-06-11
Listing Price: 2550000
Current Price: $2,550,000
Modification Timestamp: 2026-02-03T00:58:48Z
Photo Modified: 2026-02-02T23:35:44Z
General Property Description
Lot Dimensions: 21x153
Stories: 4
SqFt - Total: 8800
SqFt - Source: Public Record
Acreage Range: 0 - 0.5
Elevator: No
Sale/Lease Info
Lease Purchase: No
Remarks & Misc
Remarks: Significant price reduction! Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include balconies overlooking the goings-on of the Quarter. All units have floor plans with independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors and large closets. Property was fully renovated in 2016 and sits in the heart of all the action the French Quarter provides. Most recent gross rental amount with 100% occupancy was $19,600/month.
Office/Member/Contract Info
List AOR: NOMAR
Property Type
Retail: 1
Parking
None: 1
Construction
Brick: 1
Stucco: 1
Features
Living Space Available: 1
Landlord Pays
Building Insurance: 1
Property Taxes: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 51489960
Originating System Listing ID: 2506621
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 315
Street Name: DECATUR Street
Parish: Orleans
State: LA
Zip Code: 70130
Tax Assessment Number: 315
Zone: VCE-1
Directions: Bounding Streets: Bienville, Conti
Property Features
Property Type: Retail
Features: Living Space Available
Construction: Brick; Stucco
Landlord Pays: Building Insurance; Property Taxes
Parking: None
Listing Office:
FQR Realtors
IDX
Last Updated: February - 03 - 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.