824 Royal Street, New Orleans, LA 70116
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
824 Royal Street,New Orleans, LA 70116
$3,575,000
- 2 Beds
- 3 Baths
- 4,414 sq. ft.
- Multi-family
- Active
Listed by:michael wilkinson
Office:fqr realtors
MLS#:NO2436039
Source:LA_RAAMLS
Price summary
- Price:$3,575,000
- Price per sq. ft.:$431.61
About this home
Premium Commercial/Residential property centrally located on one of the best blocks of Royal Street in the French Quarter. New Orleans culture has never been more alive at any other property! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income ~$225,600/year across all units ($18,800/month). <br> <br> With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place. <br> <br> First time on the market in over 70 years! Don't miss your chance to own a piece of rare history in the New Orleans French Quarter. <br> <br>
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Home facts
- Listing ID #:NO2436039
- Added:6 day(s) ago
- Updated:October 09, 2025 at 03:35 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Living area:4,414 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall Unit(s)
- Heating:Central Heat, Wall Furnace
Structure and exterior
- Roof:Slate
- Building area:4,414 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$3,575,000
- Price per sq. ft.:$431.61
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