1525 27 Melpomene Street
New Orleans, LA 70130
- 5 beds
- 3 baths
- 3,240 sqft
- $317 per sqft
- 1920 build
Welcome to an extraordinary estate nestled amidst the enchanting beauty of the historic Garden District. Just steps from vibrant parade routes, charming streetcars, and the pulse of downtown nightlife, this income-producing gem offers an unparalleled fusion of elegance and opportunity. This majestic double, steeped in architectural brilliance, spans nearly 1,700 square feet on each side, exuding both charm and sophistication. Vaulted ceilings create an airy grandeur, while expansive bedrooms provide a serene retreat. Every corner of this property has been lovingly updated, boasting high-end appliances, modern conveniences, and a state-of-the-art security system complete with cameras for your peace of mind. Step outside to discover meticulously designed outdoor entertaining areas, perfect for hosting under the stars or enjoying quiet moments surrounded by lush greenery. With off-street parking for three vehicles, you'll enjoy both convenience and a touch of luxury. Imagine the freedom of owning mortgage-free, as this property’s proven short-term rental income potential soars. With $140,000 in rental income for 2022 and $160,000 for 2023, this estate is not just a home—it’s an investment in your future. Situated in coveted Flood Zone X, flood insurance is not required, offering yet another layer of security and ease. This is more than a residence; it’s an invitation to a lifestyle rich in culture, history, and prosperity. Don’t miss your chance to own a piece of New Orleans' magic. Your dream estate awaits!
Last checked:
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Last updated Dec 17, 2024
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MLS# 2479423 —
The Building
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Year Built:1920
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Year Built Details:Renovation in 2021
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Construction Materials:Wood Siding
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Architectural Style:Colonial
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Building Area Source:Measured
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Roof:Asphalt
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Foundation:Raised
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Security Features:Closed Circuit Camera(s)
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Exterior Features:Courtyard, Fence, Porch
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Patio Features:Porch
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Levels:Two
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Stories:2
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Green Energy Efficient:Insulation
Interior
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Rooms Total:22
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Living Area:3240
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Living Area Source:Measured
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Laundry Features:In Unit
Financial & Terms
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Home Warranty:No
Location
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Cross Street:St. Charles and Prytania
The Property
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Parcel Number:101105316
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Property Type:Residential Income
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Property Subtype Additional:Duplex
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Property Subtype:Duplex
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Property Condition:Excellent
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:45x87
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Lot Size Area:0.0902
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Lot Size Acres:0.0902
Listing Agent
- Contact info:
- Agent phone:
- (504) 899-4040
- Office phone:
- (504) 899-4040
Taxes
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Tax Legal Description:SQ 191 PT LOTS 30 31 OR PT 6 7 MELPOMENE 45' 2" X 87'
Beds
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Bedrooms Total:5
Baths
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Full Baths:2
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Half Baths:2
The Listing
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Current Price:$1,030,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central, Gas
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision Name:Not A Subdivision
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Pool Features:None
Parking
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Parking Features:Driveway
Extra Units
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# of Units Total:2
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 |
|---|---|---|---|---|
|
12/13/24
Dec 13, 2024
|
Listed / Active | GSREIN | $1,030,000 |
