Active
Sale
Multifamily

2477 Royal St

2477 Royal St, New Orleans, LA 70117

For Sale

$1,099,000

$253.23/SF$183,166.67/Unit

Total Units
6
Building Size
4,340 SF
Lot Size
0.7 ac
Parish
Orleans
Days on Market
201
Listed
03/14/2026
Updated
09/15/2026
2477 Royal St
1 / 18

Overview

Profitable 6-plex in the heart of the historic Faubourg Marigny. Current Cap Rate at 10%. Sought-after and desirable location near restaurants, music clubs and shopping and within easy walking distance of the French Quarter. Rear courtyard is leased to adjacent restaurant operator at $7200 annually. Seller would prefer to sell jointly along with successful restaurant/B&B building next door at 2483 Royal. Please do not communicate with current tenants.

Additional Information

City
New Orleans
State
LA
Zip Code
70117
Zoning
HMR-3
Zoning Desc.
Historic Marigny Treme And Bywater Residential District
Total Units
6
Laundry
Shared
Parcel APN
38W101508
Listing ID
98f8257b

Parcel & Location