728 DESIRE Street, New Orleans, LA 70117 (MLS# NO2488071)

728 DESIRE Street, New Orleans, LA 70117

$999,000
Property Type: MultiFamily Square Footage: 4,480 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $999,000 List Date: 3/01/2025 Last Modified: 2/26/2026

Overview

Description

NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.

Listing Details MLS# NO2488071

Listing Info

Delayed Marketing
No
Listing Price
999000
List Price/SqFt
222.99
Document Modified
2026-02-26 11:55:03.084922
Modification Timestamp
2026-02-26T17:55:34Z
Photo Modified
2026-02-02T23:40:00Z

Location Tax Legal Info

Street Number
728
Street Name
DESIRE Street
Parish
Orleans
State
LA
Zip Code
70117
Tax Assessment Number
39W107816
Directions
Bounding Streets: Royal, Dauphine, Piety, Gallier

General Property Description

Number of Units
6
Stories
Yes
SqFt - Total
4480
SqFt - Source
Public Record
Individual Metered?
Yes
Lot Dimensions
70 x 120
Acres
0.19

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
50284658
Originating System Listing ID
2488071
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
SQ 173 LOT X OR 7 DESIRE 70X120 2/STORY BRICK/V 8/APTS C/R

More Information

Remarks & Misc

Remarks
NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.

Office/Member/Contract Info

List AOR
NOMAR

Construction

Brick
Yes

Foundation

Slab
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Owner Pays

Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Property Features

Construction: Brick Foundation: Slab Roof: Composition Heating: Central Cooling: Central Air Owner Pays: Water Tenant Pays: Electric; Gas
IDX
Listing Office: REVE, REALTORS
Last Updated: February - 26 - 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.