501-03 LOWERLINE Street, New Orleans, LA 70118 (MLS# NO2497045)

501-03 LOWERLINE Street, New Orleans, LA 70118

$899,000
Property Type: MultiFamily Square Footage: 4,372 Status: Active
Current Price: $899,000 List Date: 4/17/2025 Last Modified: 12/31/2025

Description

Beautiful brick duplex on a corner lot in the highly sought-after University area. Each unit is furnished and features full amenities, including kitchen appliances, a spacious furnished living room, a dining room, 3 bedrooms, and 3 bathrooms. Ideal for tenants or owner-occupancy, the property offers off-street parking for two cars per unit. The downstairs unit is currently rented for $3,450/mo, while the upstairs unit is available for either owner-occupancy or tenancy. This prime location ensures excellent rental potential.

Supplements: ********

More Information MLS# NO2497045

Listing Info

Delayed Marketing: No List Price/SqFt: 205.63 Document Modified: 2025-12-31 17:20:14.256718 Status: Active Listing Date: 2025-04-17 Listing Price: 899000 Current Price: $899,000 Type: Duplex Modification Timestamp: 2025-12-31T23:25:09Z Photo Modified: 2025-04-17T13:04:18Z

General Property Description

Lot Dimensions: 50x120 Stories: 2 SqFt - Total: 4372 SqFt - Source: Appraiser Number of Units: 2

Remarks & Misc

Remarks: Beautiful brick duplex on a corner lot in the highly sought-after University area. Each unit is furnished and features full amenities, including kitchen appliances, a spacious furnished living room, a dining room, 3 bedrooms, and 3 bathrooms. Ideal for tenants or owner-occupancy, the property offers off-street parking for two cars per unit. The downstairs unit is currently rented for $3,450/mo, while the upstairs unit is available for either owner-occupancy or tenancy. This prime location ensures excellent rental potential.

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Construction

Brick: 1

Foundation

Slab: 1

Roof

Composition: 1 Other: 1

Heating

Central: 1

Cooling

Central Air: 1

Lot

Corner: 1

Tenant Pays

Electric: 1 Gas: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 50884012 Originating System Listing ID: 2497045 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 501-03 Street Name: LOWERLINE Street Parish: Orleans State: LA Zip Code: 70118 Tax Assessment Number: 65A Directions: Bounding Streets: St Charles, Dominican

Property Features

Construction: Brick Foundation: Slab Roof: Composition; Other Heating: Central Cooling: Central Air Lot: Corner Tenant Pays: Electric; Gas
Listing Office: LATTER & BLUM
IDX
Last Updated: December - 31 - 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.