818 BOURBON Street, New Orleans, LA 70112 (MLS# NO2558840)

Remarks & Misc

Remarks

818 Bourbon Street presents a rare opportunity to acquire a newly renovated luxury condominium portfolio in the heart of the French Quarter. This iconic 800 block Bourbon Street property has been transformed into 8 individually structured condominium residences featuring modern contemporary interiors, updated kitchens and baths, in-unit washer and dryers, and a newly installed slate roof. The property offers a diverse mix of floorplans including premium multi-bedroom residences, private courtyard-facing units, and the signature Unit 2A featuring a coveted second-floor Bourbon Street balcony overlooking one of New Orleans' most recognized corridors. Expansive layouts, preserved historic character, and practical luxury upgrades create exceptional appeal for buyers seeking a personal French Quarter residence paired with strong income-producing potential. Currently generating more than $17,000 per month in rental income, the portfolio presents a compelling opportunity for an owner-investor to retain Unit 2A as a private residence while leveraging income from the remaining units to offset ownership costs and build long-term value. The flexible condominium structure also creates future optionality for individual unit sales, long-term holds, or a hybrid investment strategy. Recent improvements include approximately $1M in renovations and repositioning, including the addition of multiple bathrooms, upgraded systems, modernized interiors, and establishment of a formal condominium regime. Property features include: * 8 legal condominium units * Shared French Quarter courtyard * In-unit washer/dryers * Contemporary kitchens with stainless appliances * Luxury marble-style bath finishes * New slate roof * Signature Bourbon Street balcony unit (2A) * Strong in-place rental income A unique opportunity to own a boutique luxury condo collection in one of the most internationally recognized locations in New Orleans while enjoying the lifestyle and prestige of a private Bourbon Street residence.

Office/Member/Contract Info

List AOR

NOMAR

Property Type

Retail

Yes

Parking

None

Yes

Construction

Brick

Yes

Features

Living Space Available

Yes

Exterior

Railroad Spur

Yes

Landlord Pays

Building Insurance

Yes

Property Taxes

Yes

Property Features