422 Natchez St - Multi-Family FOR SALE


New Orleans, LA 70130- New Orleans CBD
$1,400,000 USD
504-343-8423
422 Natchez St, New Orleans, LA for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/52
null | Request Cap Rate

422 Natchez St
New Orleans, LA 70130
New Orleans CBD


HIGHLIGHTS

  • Two new water heaters installed in 2024
  • Alarm system 
  • Separate electric meters; combined water meter
  • Zoned CBD-2 Historic Commercial and Mixed-Use District
  • Steps from restaurants, museums, shopping, the French Quarter, Warehouse District, Superdome, Smoothie King Center & the famed Windsor Court Hotel

OVERVIEW

Rare Opportunity in the CBD This striking residence combines modern luxury with historic character, offering an unmatched lifestyle and investment opportunity in downtown New Orleans. The owner's residence is compromised of a spacious 3-bedroom unit showcasing soaring 14-foot ceilings, exposed brick beams, and an open floor plan filled with natural light. The chef’s kitchen features stainless appliances (including a new refrigerator), quartz countertops and flows seamlessly into generous living and dining spaces. Crowning the property is a 2,500 SF private rooftop terrace, complete with a stunning view of the newly lit Crescent City Connection bridge and ideal for entertaining or a quiet retreat. Below, a two-car conditioned garage (tandem parking), a rare amenity downtown, provides secure, climate-controlled convenience. Guest / Income Unit An additional 1-bedroom, 1-bath unit with separate entrance includes a full kitchen and living/dining area, perfect as guest quarters or steady rental income from a residential or commercial tenant. This property blends lifestyle, scale, and investment potential in one of New Orleans’ most vibrant districts — a rare chance to own a downtown asset that offers both modern convenience and historic charm.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

2

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

422 Natchez St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,502 SF

ZONING

CBD

APN/PARCEL ID

1-04-1-006-06

ASK ABOUT THIS PROPERTY

Jack EgléFelicity Property Co.More Info
504-343-8423

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Jack EgléFelicity Property Co.More Info
504-343-8423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.