2039 Calhoun Street
New Orleans, LA 70118
- 12 beds
- 5 baths
- 5,788 sqft
- $233 per sqft
- 1905 build
Ideally located at Freret and Calhoun Streets, just steps from Tulane and Loyola Universities, 2039 Calhoun offers a fully leased 12-bedroom, 5,700+ SF student housing investment property. The property features a standalone four-bedroom unit on the ground floor and an eight-bedroom unit on the second and third floors. Currently leased to one group, the units can also be rented separately by closing a door. Each unit includes a full kitchen and in-unit laundry. With a commanding corner presence, direct sightlines to the universities, off street parking, and original historic details, the property has undergone extensive renovations, including a new roof, gutters, exterior paint, major siding and HVAC repairs, new flooring, updated bathrooms, new laundry units and many others. Centrally located in Uptown, just minutes from the Freret and Maple Street commercial corridors, the property is in constant high demand and ensures strong, stable rental income. The upper unit is fully leased for 2025-2026, and ownership is finalizing a lease for the ground floor. 2039 Calhoun Street is a rare opportunity in an unbeatable university location.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 22, 2025
•
MLS# 2493890 —
The Building
-
Year Built:1905
-
Architectural Style:Other
-
Building Area Source:Measured
-
Roof:Shingle
-
Foundation:Slab
-
Exterior Features:Balcony, Courtyard, Porch
-
Patio Features:Balcony, Porch
-
Levels:Three Or More
-
Stories:3
Interior
-
Living Area:5788
-
Living Area Source:Measured
Financial & Terms
-
Home Warranty:No
Location
-
Directions:Freret towards campus, left corner on Calhoun St
-
Cross Street:Freret, Calhoun
The Property
-
Parcel Number:41051151
-
Property Type:Residential Income
-
Property Subtype:Duplex
-
Property Subtype Additional:Duplex
-
Property Condition:Excellent
-
Lot Features:Corner Lot, City Lot, Irregular Lot
-
Lot Size Dimensions:59x82
Listing Agent
- Contact info:
- Agent phone:
- (504) 301-1002
- Office phone:
- (504) 301-1002
Taxes
-
Tax Legal Description:As per title
Beds
-
Bedrooms Total:12
Baths
-
Full Baths:5
The Listing
-
Current Price:$1,350,000
-
Special Listing Conditions:None
Heating & Cooling
-
Heating:Central, Multiple Heating Units
-
Heating:Yes
-
Cooling:Central Air, Window Unit(s)
-
Cooling:Yes
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Pool Features:None
Parking
-
Parking Features:Driveway, Off Street
Extra Units
-
# of Units Total:2
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/28/25
Mar 28, 2025
|
Listed / Active | GSREIN | $1,350,000 |
