5402 ST CHARLES Avenue, New Orleans, LA 70115 (MLS# NO2502512)

5402 ST CHARLES Avenue, New Orleans, LA 70115

$4,998,000
Property Type: MultiFamily Square Footage: 27,000 Lot Size (sq. ft.): 31,799 Status: Active
Current Price: $4,998,000 List Date: 4/14/2025 Last Modified: 5/04/2026

Overview

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!

Listing Details MLS# NO2502512

Listing Info

Delayed Marketing
No
Listing Price
4998000
List Price/SqFt
185.11
Document Modified
2026-05-04 17:13:32.496350
Modification Timestamp
2026-05-04T22:13:55Z
Photo Modified
2026-02-04T20:02:22Z

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

General Property Description

Number of Units
28
Stories
3
SqFt - Total
27000
SqFt - Source
Measured
Individual Metered?
Yes
Lot Dimensions
80X135/287X308
Acres
0.73

Currently Not Used

Acreage Range
0.51 - 0.99

Originating Details

Originating System ID
ROAMM
Originating System Key
51232800
Originating System Listing ID
2502512
Originating System Name
ROAM Matrix

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

More Information

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

Parking

Assigned
Yes

Construction

Concrete
Yes

Foundation

Slab
Yes

Roof

Slate
Yes

Heating

Heat Pump
Yes

Cooling

Central Air
Yes
Wall Units
Yes
Window Units
Yes

Owner Pays

Gas
Yes
Water
Yes

Tenant Pays

Electric
Yes

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
IDX
Listing Office: John Weil Realty, LLC
Last Updated: May - 04 - 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.