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Agent on Call

agent

Andrea Laborde, REALTOR® Sales Associate
337-277-6503


$2,550,000
315 Decatur Street
New Orleans, LA 70130
MLS# 2506621
8800 sqft


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Property Description
Significant price reduction! Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include balconies overlooking the goings-on of the Quarter. All units have floor plans with independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors and large closets. Property was fully renovated in 2016 and sits in the heart of all the action the French Quarter provides. Most recent gross rental amount with 100% occupancy was $19,600/month.

Details
Listing Information
Comp Sale YN: No
Property Sub Type: Commercial
Status Change Information
Price Change Timestamp: 2025-09-12T13:43:28Z
Status Change Timestamp: 2025-06-11
Delayed Marketing: No
Address
Parish or County: Orleans
Street Number: 315
Street Name: Decatur
Street Suffix: Street
City Limits YN: Yes
State: LA
Postal Code (Zip): 70130
Parcel Number: 315-DECATURST
Cross Street: Bienville, Conti
Contract
Current Price: $2,550,000
Original List Price: 2750000
Status: Active
Listing Contract Date: 2025-06-11
List Price: $2,550,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Occupant Type: Tenant
List Price/SqFt: 289.77
Interior
Building Area Total: 8800
Building Area Units: Square Feet
Building Area Source: Assessor
Basement YN: No
Building
Year Built: 1870
Year Built Effective: 2016
Stories: 4
Lot
Lot Size Acres: 0.0742
Lot Size Square Feet: 3234
Lot Size Dimensions: 21x153
Land Lease YN: No
Sign On Property YN: Yes
Remarks
Public Remarks: Significant price reduction! Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include balconies overlooking the goings-on of the Quarter. All units have floor plans with independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors and large closets. Property was fully renovated in 2016 and sits in the heart of all the action the French Quarter provides. Most recent gross rental amount with 100% occupancy was $19,600/month.
Land Details
Mineral Rights: Conveyed
Utility Providers
Electric Provider: Entergy
Income and Expenses
Annual Insurance Expense: 20000
Gross Scheduled Income: 19600
Lease Details
CAM YN: No
Property Features
Utilities: Natural Gas Not Available; Natural Gas Not Available
Construction Materials: Brick; Stucco
Current Use: Commercial; Residential
Disclosures: Property As Is
Flood Zone(s): X
Flooring: Wood
Lock Box Type: None
Lot Features: Other
Owner Pays: Insurance
Possible Use: Commercial; Residential
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Tenant Pays: All Utilities
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service

IDX
Listing Office: FQR Realtors

Office Phone: 504-949-5400

Office Email: george@fqr.com

Last Updated: October - 30 - 2026

Information deemed reliable but not guaranteed.


Broker Attribution: 504-949-5400

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1232-A Camellia Blvd.
Lafayette, LA 70508
P: 337-984-4345

 

AGENT ON CALL | 337-277-6503

 

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GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for IDX. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.

Licensed & Regulated in the jurisdiction of the Louisiana Real Estate Commission, Members of the National Association of Realtors®, Louisiana Realtors®, Realtor® Association of Acadiana, Multiple Listing Service (MLS), Louisiana Commercial (www.lacdb.com), The Realtor® Commercial Alliance, Equal Housing Opportunity.

  • Home
  • 337-984-4345
  • Buyers
    • Looking to Buy?
    • Featured Listings
    • Homes for Sale
    • COMMERCIAL LISTINGS: Business Opportunity, Industrial, Office, Restaurant/Lounge, Shopping Center, Hotel/Motel, Medical/Dental or Retail
    • LAND LISTINGS: Commercial, Industrial, Residential, Farm or Timberland
    • Buyers Guidebook
    • Choose Your Realtor
    • Why Choose Us
  • Sellers
    • Why Choose Us
  • Services
    • Consultation Services
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Guidry and Company Real Estate