315 DECATUR Street, New Orleans, LA 70130 (MLS# NO2506631)

315 DECATUR Street, New Orleans, LA 70130

$2,550,000
Property Type: MultiFamily 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# NO2506631

Listing Info

Delayed Marketing: No List Price/SqFt: 289.77 Document Modified: 2026-02-02 19:33:38.588907 Status: Active Listing Date: 2025-06-11 Listing Price: 2550000 Current Price: $2,550,000 Modification Timestamp: 2026-02-03T01:33:38Z Photo Modified: 2026-02-02T23:44:22Z

General Property Description

Lot Dimensions: 21x153 Stories: 4 SqFt - Total: 8800 SqFt - Source: Public Record Individual Metered?: Yes Number of Units: 6

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

Currently Not Used

Acreage Range: 0 - 0.5

Siding

Stucco: 1

Parking

No Parking: 1

Construction

Brick: 1

Foundation

Other: 1

Exterior

Balcony: 1

Heating

Central: 1

Cooling

Central Air: 1

Owner Pays

Water: 1

Tenant Pays

Electric: 1 Gas: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 51490921 Originating System Listing ID: 2506631 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-DECATURST Directions: Bounding Streets: Bienville, Conti

Property Features

Siding: Stucco Parking: No Parking Construction: Brick Foundation: Other Heating: Central Cooling: Central Air Exterior: Balcony Owner Pays: Water Tenant Pays: Electric; Gas
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.