NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.
Active
Price cut: $100K (7/28)
$1,025,000
728 Desire St, New Orleans, LA 70117
6beds
4,480sqft
Est.:
Multi Family, Apartment
Built in 2019
-- sqft lot
$-- Zestimate®
$229/sqft
$-- HOA
What's special
- 153 days
- on Zillow |
- 161 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 05:27am
Listed by:
Phillipa Bowers 504-300-0700,
REVE, REALTORS 504-300-0700
Source: GSREIN,MLS#: 2488071

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Unit
Interior area
- Total interior livable area: 4,480 sqft
Property
Parking
- Parking features: Off Street, Three or more Spaces
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,398.37 Square Feet
- Dimensions: 70 x 120
- Features: City Lot, Oversized Lot
Details
- Parcel number: 39W107816
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Excellent
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Insulation
Community & HOA
Community
- Security: Closed Circuit Camera(s)
- Subdivision: Bywater
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $835,000
- Annual tax amount: $11,188
- Date on market: 3/1/2025
- Tenant pays: Electricity, Gas
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