1101 1115 Verret Street
New Orleans, LA 70114
- 8 beds
- 8 baths
- 5,200 sqft
- $92 per sqft
- 1950 build
Discover a rare investment opportunity in the heart of historic Algiers Point! This unique 7-unit multifamily property spans from 1101 to 1115 Verret Street and offers a strong income-producing portfolio in one of New Orleans’ most charming and walkable neighborhoods. Each unit features classic New Orleans architectural details, the 2 Bedroom has partial vaulted ceiling, and spacious layouts with modern updates. Units vary in size and layout, catering to a range of long term tenants. Current occupancy and rental history available upon request. Property highlights include: • 7 total units across multiple adjoining structures • Prime corner location in Algiers Point, just blocks from the ferry to downtown NOLA • Well-maintained exteriors and interiors with room for added value • Shared courtyard space and ample street parking • Zoned multifamily, with potential for condo conversion or owner-occupancy Whether you’re an investor looking to expand your portfolio or seeking a rare multifamily gem with value-add potential, 1101-1115 Verret Street delivers location, character, and income.
Last checked:
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Last updated Apr 15, 2025
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MLS# 2490345 —
The Building
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Year Built:1950
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Construction Materials:Wood Siding
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Architectural Style:Traditional
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Building Area Source:Assessor
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Roof:Shingle
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Foundation:Raised
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Levels:One
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Stories:1
Interior
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Living Area:5200
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Living Area Source:Assessor
Location
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Cross Street:Diana, Nunez and DeArmas
The Property
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Parcel Number:513300512
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Property Type:Residential Income
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Property Subtype:Other
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Property Subtype Additional:Other
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Property Condition:Very Good Condition
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Lot Features:City Lot, Irregular Lot
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Lot Size Area:0.099
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Lot Size Acres:0.099
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Lot Size Dimensions:58x97x54x96
Listing Agent
- Contact info:
- Agent phone:
- (504) 265-9940
- Office phone:
- (504) 265-9940
Taxes
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Tax Legal Description:SQ 188 FT PTS 7/8 (OR 8-A) 44 X 98 DIANA & 1101/1115 VERRET
Beds
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Bedrooms Total:8
Baths
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Full Baths:8
The Listing
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Current Price:$480,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Other, Dual System
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Heating:Yes
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Parking
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Parking Features:None
Extra Units
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# of Units Total:7
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/14/25
Apr 14, 2025
|
Listed / Active | GSREIN | $480,000 |
