2638 New Orleans St
2638 New Orleans St, New Orleans, LA 70119

Overview
One property, four income streams, endless opportunity. Prime investment opportunity Located in the 7th w/d featuring both income-producing and value-add potential. Liquor License. The ground floor commercial space was previously operating as a bar with rental income of $1,600/month,
This versatile space includes two bathrooms and a full kitchen, easy conversion into a restaurant or other food/beverage concept. Upstairs, you’ll find two 2-bedroom, 1-bath units—both in need of renovation—each with a projected rental income of $1,375/month after updates. Additionally, the property includes a separate 1-bedroom studio unit in a stand-alone house, potential rent $1,000/month -need renovations. With multiple income streams and opportunities to increase rental rates, this property is investors looking to maximize returns in a sought-after location.
For Sale
Secondary Uses: Mixed Use
- Sale Price
- $350,000
- Price Per SF
- $84.32/SF
- Building Size
- 4,151 SF
- Lot Size
- 0.074 ac
- Zoning
- HU-RD2
- Zoning Desc.
- Historic Urban Two Family Residential District
- Pro Forma NOI
- $45,000
- Property Status
- Existing
- Parish
- Orleans
- Available
- 02/26/2026
- Listed
- 02/04/2026
- Updated
- 02/26/2026
- Listing ID
- 09a7299a
- Parcel APN
- 37W212912








