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Cash-Flowing STR | Louisiana Avenue

2108 Louisiana Ave New Orleans, LA 70115

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Overview

Introducing the historical 2108 Louisiana Avenue, located in Uptown New Orleans, just blocks off of St. Charles Avenue. The property consists of two distinct units, each offering four generously sized bedrooms and two bathrooms, ensuring both comfort and privacy for its guests. The upstairs unit is actively operating as a short-term rental (STR), while the downstairs unit is currently leased on a long-term basis. Additionally, the ownership entity possesses over $60,000 in federal historic tax credits, further enhancing the property's value and investment appeal. Enjoy the convenience of being within walking distance of the St. Charles Streetcar, and Mardi Gras parade routes! Situated within 2 miles of Downtown, Audubon Park, the Superdome, and more, you'll have easy access to all the best that New Orleans has to offer. Walk to nearby parades, restaurants, and entertainment, making this the perfect location for experiencing the city's vibrant culture.

For Sale

Multifamily

Secondary Uses: Low Rise

Sale Price
$680,000
Price Per SF
$154.5/SF
Cap Rate
12.84%
Building Size
4,400 SF
Acres
0.089 ac
Zoning
HU-MU
Net Operating Income
$87,294
Number of Buildings
1
Floors
2
Construction Siding
Wood
Construction Type
Framed
Submarket
Uptown-Garden District
Nearest MSA
New Orleans-Metairie
Property Status
Existing
Total Units
2
County
Orleans Parish
Created
2024-12-05
Updated
2025-06-25
Listing ID
0c4baa4c
Parcel APN
614310109