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:
2/03/2026
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.
Supplements: ********
More Information MLS# NO2488071
Listing Info
Delayed Marketing: No
List Price/SqFt: 222.99
Document Modified: 2026-02-03 09:55:17.551291
Status: Active
Listing Date: 2025-03-01
Listing Price: 999000
Current Price: $999,000
Modification Timestamp: 2026-02-03T15:55:17Z
Photo Modified: 2026-02-02T23:40:00Z
Location, Tax & Legal Info
Legal Desc: SQ 173 LOT X OR 7 DESIRE 70X120 2/STORY BRICK/V 8/APTS C/R
General Property Description
Lot Dimensions: 70 x 120
Stories: 1
SqFt - Total: 4480
SqFt - Source: Public Record
Individual Metered?: Yes
Number of Units: 6
Acres: 0.19
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
Currently Not Used
Acreage Range: 0 - 0.5
Construction
Brick: 1
Foundation
Slab: 1
Roof
Composition: 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: 50284658
Originating System Listing ID: 2488071
Originating System Name: ROAM Matrix
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
Property Features
Construction: Brick
Foundation: Slab
Roof: Composition
Heating: Central
Cooling: Central Air
Owner Pays: Water
Tenant Pays: Electric; Gas
Listing Office:
REVE, 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.