1039 Marais Street, New Orleans, LA 70116

1039 Marais Street presents a rare opportunity to acquire a historic six-unit multifamily property in the heart of New Orleans’ Tremé neighborhood. Originally built in 1919 and renovated in 2019, the property contains approximately 4,460 gross square feet and sits on a 30' x 112' corner lot within the New Orleans Historic District Landmarks Commission Tremé district. The unit mix includes three two-bedroom units and three one-bedroom units, combining historic New Orleans character with an exceptional location just steps from the French Quarter and some of the city’s most iconic cultural destinations. In-place rents provide an opportunity for future upside through lease-up and rental growth. With strong existing cash flow, a desirable boutique scale, and meaningful value-add potential, 1039 Marais Street offers investors a compelling opportunity to own a historic multifamily asset in one of New Orleans’ most distinctive neighborhoods. All information herein is deemed reliable but not...