1127 DECATUR ST, New Orleans, LA 70116
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1127 DECATUR ST, New Orleans, LA 70116
1127 DECATUR ST, New Orleans, LA 70116
1127 DECATUR ST, New Orleans, LA 70116
1127 DECATUR ST, New Orleans, LA 70116
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1127 DECATUR ST New Orleans, LA 70116

4 Beds

5 Baths

5,058 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,058 sqft

Price per Sqft $252

MLS Listing ID 2555851

Style Creole

Bedrooms 4

Full Baths 5

Construction Status Average Condition

HOA Y/N No

Year Built 1830

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Mixed Use

Property Description

There are properties you buy — and then there are properties that choose you. This four-story mixed-use building, zoned Vieux Carré Commercial (VCC), sits at one of the most coveted addresses in America, offering four income streams, extraordinary original architecture, and significant upside potential upon renovation.

Steps from the French Market, the Mississippi River, the New Orleans Jazz Museum, and the newly opened Goldring Woldenberg Riverfront Park — creating nearly 2¼ miles of continuous riverfront access. Thousands of visitors walk this block of Decatur Street daily.

GROUND FLOOR — A retail tenant in place with a 10-year lease, generating income from day one. Classic French Quarter storefront with original display windows and exceptional street presence.

SECOND FLOOR — A one-bedroom apartment with wide-plank hardwood floors, ornate original millwork, full kitchen and bath, and French doors opening onto a gallery overlooking Decatur Street.

THIRD FLOOR — An expansive signature space boasting two fireplaces, rich architectural details, and a private balcony with sweeping views over the Quarter. A premium rental or owner's residence in the making.

FOURTH FLOOR — A finished attic-level studio with stained glass skylights, an oversized cast-iron soaking tub, and a magnificent marble sink. A space that rewards imagination.

REAR COURTYARD & DEPENDENCY — A laid-brick private courtyard leads to a two-story dependency producing rental income for over 20 years, featuring a one-bedroom layout with an original two-sided fireplace.

Proven revenue streams. A 10-year retail lease. A globally recognized location. Original brick, iron, timber, and marble that cannot be reproduced at any price. For the investor prepared to renovate, this property offers a generational return in one of America's most enduring real estate markets.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Balcony, Courtyard

Parking Features Off Street

Pool None

Water Access Desc Public

Roof Type Slate

Porch Balcony

Building

Lot Description City Lot, Rectangular Lot

Dwelling Type Townhouse

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Creole

Construction Status Average Condition

Others

Tax ID 208100516

Special Listing Condition None


Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Crescent Sotheby's International
Michael A. Newcomer

Michael A. Newcomer

Rêve | Realtor | License ID: 0995690912

+1(504) 321-1654

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1127 DECATUR ST