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.
Active
Price cut: $90K (9/30)
$390,000
1101-1115 Verret St, New Orleans, LA 70114
8beds
5,200sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
Prime corner locationModern updatesAmple street parkingShared courtyard spaceWell-maintained exteriorsSpacious layouts
- 175 days |
- 184 |
- 18 |
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