1411 Terpsichore Street, New Orleans, LA 70130

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1411 Terpsichore Street,New Orleans, LA 70130
$889,000
  • 7 Beds
  • 8 Baths
  • 4,990 sq. ft.
  • Multi-family
  • Active
Listed by: lara schultz
Office: reve, realtors
MLS#:2578980
Source:LA_GSREIN

Price summary

  • Price:$889,000
  • Price per sq. ft.:$178.16

About this home

Fully leased at $7,650 a month ($91,800 a year, a 9.7 gross rent multiple), this circa-1850 Greek Revival 4-plex anchors the edge of Coliseum Square, one block from the St. Charles Avenue streetcar. Step inside & the pedigree shows: soaring ceilings, heart-pine floors, exposed beams, cypress millwork, original transom windows & elegant medallions overhead. Four townhome-style residences — two 1,500 sq ft 2BR/1.5BA, a 1,073 sq ft 1BR/2BA & a 995 sq ft 2BR/2BA — each with a private entrance, outdoor space & in-unit laundry, totaling 4,990 sq ft & seven bedrooms. Two already have new kitchens with quartz counters, contemporary cabinetry & ss appliances; the other two leave value-add upside on the table. Relax in the rear courtyard, a quiet retreat tucked behind the building & a draw for long-term tenants. Separate electric meters, a 36 x 128 lot & Flood Zone X, a real edge on insurance in this market. Owner-occupants, take note: live in one of the 1,500 sq ft homes & let the other three...

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Home facts

  • Year built:1850
  • Listing ID #:2578980
  • Added:7 day(s) ago
  • Updated:October 09, 2026 at 04:34 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:8
  • Full bathrooms:6
  • Half bathrooms:2
  • Living area:4,990 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Unit(s), Window Unit(s)
  • Heating:Central, Ductless, Heating, Wall Furnace, Window Unit

Structure and exterior

  • Roof:Shingle
  • Year built:1850
  • Building area:4,990 sq. ft.
  • Lot Features:City Lot, Rectangular Lot
  • Construction Materials:Wood Siding
  • Exterior Features:Balcony, Courtyard, Porch
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$889,000
  • Price per sq. ft.:$178.16

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