1635 Third St

SVN | Urban Properties is proud to present a rare Unfinished Redevelopment Opportunity at 1635 Third St. 

On the edge of the Garden District—just one block from historic St. Charles Avenue—this classic 4-plex presents a unique opportunity for investors or developers looking to restore a high-potential income-producing property. Enjoy walkable access to Mardi Gras parades, the streetcar line, restaurants, and the best of Uptown living, with just minutes to the CBD, Warehouse District, and French Quarter.

Originally built in the 1860s and filled with New Orleans charm, the property features striking architectural details including 14-foot ceilings, hardwood floors, pocket doors, original stained-glass windows, and elegant fireplaces. All four units once blended historic character with modern amenities like central HVAC, private laundry, keyless locks, and updated kitchens.

The exterior siding is in good condition with fresh paint job, but the interior renovations remain unfinished—offering a blank canvas for value-add redevelopment. This is not a turnkey or move-in ready property; construction and updates will be required to complete the project.

Previously configured as:

• Unit 1 (Owner’s Unit): Expansive 4 bed / 3 bath occupying the second floor, once offered as a furnished luxury rental with updated HVAC, laundry, and kitchen
• Unit 2: 1 bed / 1 bath with private laundry and thoughtful layout
• Unit 3: 1 bed / 1 bath featuring stained-glass accents and a bay window overlooking Third Street
• Unit 4: 2 bed / 1 bath with kitchenette and private balcony

All units have access to gracious porches or courtyards and are separately metered for electricity. A small garage offers storage or off-street parking for one vehicle. Owners also benefit from Garden District Association private security patrols.

Renovation likely qualifies for historic tax credits, offering a potential boost to your investment returns. Whether you're restoring to hold as a cash-flowing asset, converting to condominiums, or creating a one-of-a-kind owner-occupied compound with rental income, this is a rare chance to own and reimagine a historic property in one of New Orleans’ most desirable neighborhoods.

Contact Cullan Maumus at 504.376.4926 for more information or to schedule a private tour.