824 ROYAL Street, New Orleans, LA 70116 (MLS# NO2536745)

824 ROYAL Street, New Orleans, LA 70116

$3,300,000
Property Type: MultiFamily Square Footage: 8,283 Status: Active
Current Price: $3,300,000 List Date: 1/06/2026 Last Modified: 1/30/2026

Description

Premium Commercial/Multi-Family property centrally located on one of the best blocks of Royal Street in the New Orleans French Quarter where the culture has never been more alive! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily occupied. Annual Rental Income is roughly $223,200 across all units.

With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place.

First time on the market in over 70 years! Don't miss your chance to own a piece of rare history in the New Orleans French Quarter.

Supplements: ********

More Information MLS# NO2536745

Listing Info

Delayed Marketing: No List Price/SqFt: 398.41 Status: Active Listing Date: 2026-01-06 Listing Price: 3300000 Current Price: $3,300,000 Modification Timestamp: 2026-01-30T22:26:46Z Photo Modified: 2026-01-30T20:12:01Z

Location, Tax & Legal Info

Legal Desc: 1. SQ 47 LOT 17 ROYAL 42X127

General Property Description

Lot Dimensions: 42X127 Stories: 3 SqFt - Total: 8283 SqFt - Source: Appraiser Individual Metered?: Yes Number of Units: 9

Remarks & Misc

Remarks: Premium Commercial/Multi-Family property centrally located on one of the best blocks of Royal Street in the New Orleans French Quarter where the culture has never been more alive! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily occupied. Annual Rental Income is roughly $223,200 across all units.

With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place.

First time on the market in over 70 years! Don't miss your chance to own a piece of rare history in the New Orleans French Quarter.

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Parking

Attached: 1 Covered: 1

Construction

Brick: 1 Concrete: 1

Foundation

Slab: 1

Exterior

Balcony: 1

Roof

Slate: 1

Heating

Central: 1 Wall Units: 1

Cooling

Central Air: 1 Wall Units: 1

Fencing

Other: 1

Financing

Owner Finance: 1

Owner Pays

Water: 1

Tenant Pays

Electric: 1 Gas: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 56605927 Originating System Listing ID: 2536745 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 824 Street Name: ROYAL Street Parish: Orleans State: LA Zip Code: 70116 Tax Assessment Number: 207101516 Directions: Bounding Streets: Dumaine Street, St. Ann Street

Property Features

Parking: Attached; Covered Construction: Brick; Concrete Foundation: Slab Roof: Slate Heating: Central; Wall Units Cooling: Central Air; Wall Units Exterior: Balcony Fencing: Other Owner Pays: Water Tenant Pays: Electric; Gas Financing: Owner Finance
Listing Office: FQR Realtors
IDX
Last Updated: January - 30 - 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.