5402 ST CHARLES Avenue, New Orleans, LA 70115
$6,000,000
Property Type:
MultiFamily
Square Footage:
27,000
Lot Size (sq. ft.):
31,799
Status:
Active
Current Price:
$6,000,000
List Date:
4/14/2025
Last Modified:
12/23/2025
Description
Prime Uptown Location - Long-Term Investment Opportunity! Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!
Supplements: ********
More Information MLS# NO2502512
Listing Info
Delayed Marketing: No
List Price/SqFt: 222.22
Status: Active
Listing Date: 2025-04-14
Listing Price: 6000000
Current Price: $6,000,000
Modification Timestamp: 2025-12-23T21:46:02Z
Photo Modified: 2025-05-20T16:57:11Z
Location, Tax & Legal Info
Legal Desc: SQ 403 LOTS 1 2 4 PT 3 C 80/135X287/308 5402-06 ST CHAS & 1578-98 JEFF 3 STY-B-27 APTS FILE #48006
General Property Description
Lot Dimensions: 80X135/287X308
Stories: 3
SqFt - Total: 27000
SqFt - Source: Measured
Individual Metered?: Yes
Number of Units: 28
Acres: 0.73
Remarks & Misc
Remarks: Prime Uptown Location - Long-Term Investment Opportunity! Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0.51 - 0.99
Parking
Assigned: 1
Construction
Concrete: 1
Foundation
Slab: 1
Roof
Slate: 1
Heating
Heat Pump: 1
Cooling
Central Air: 1
Wall Units: 1
Window Units: 1
Owner Pays
Gas: 1
Water: 1
Tenant Pays
Electric: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 51232800
Originating System Listing ID: 2502512
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 5402
Street Name: ST CHARLES Avenue
Parish: Orleans
State: LA
Zip Code: 70115
Tax Assessment Number: 614229301
Directions: Bounding Streets: Jefferson, Octavia, Garfield
Property Features
Parking: Assigned
Construction: Concrete
Foundation: Slab
Roof: Slate
Heating: Heat Pump
Cooling: Central Air; Wall Units; Window Units
Owner Pays: Gas; Water
Tenant Pays: Electric
Listing Office:
John Weil Realty, LLC
IDX
Last Updated: December - 23 - 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.