1415-17 Terpsichore Street, New Orleans, LA 70130
Local realty services provided by:ERA Sarver Real Estate
1415-17 Terpsichore Street,New Orleans, LA 70130
$974,999
- 11 Beds
- 8 Baths
- 5,076 sq. ft.
- Multi-family
- Active
Listed by: betsy richard
Office: prime real estate partners, llc.
MLS#:2539354
Source:LA_GSREIN
Price summary
- Price:$974,999
- Price per sq. ft.:$192.08
About this home
LOWER GARDEN DISTRICT GREEK REVIVAL — FULLY LEASED, HIGH-INCOME SHOWSTOPPER, 9.7% gross ROI.
Effortlessly elegant, this beautiful property delivers both charm and CASH FLOW. Featuring 11 bedrooms, 4 full baths, and 4 half baths, the residence is thoughtfully configured into four spacious, townhome-style units—each offering 1,229 sq ft of well-designed living space and generating a STRONG $7900/MO in income. Rich with timeless New Orleans character, including hardwood floors, original brick fireplaces & mantels.
Each unit lives like a private home, with a highly desirable layout: kitchen, living area, main-level bedroom, and half bath downstairs, plus two large, independent bedrooms, full bath, and in-unit laundry—NO WALK THRU BEDROOMS!
Investor-friendly features include:
CENTRAL HVAC,
FOUR SEPARATE WATER/GAS/ELECTRIC METERS — owner pays only taxes & insurance,
Post-Ida roof,
Updated kitchens with granite countertops, stainless steel appliances & dishwashers,
Full-size washer & dryer in every unit.
Location is everything: just 1.5 blocks to St. Charles Avenue (Mardi Gras parades!), 1 block to Magazine Street for premier dining, shopping, and nightlife, and only a 10-minute streetcar ride to the French Quarter. Surrounded by upscale neighbors like the Garden District Hotel & BlackBird Hotel.
Exceptional investment opportunity with immediate income and future upside—potential condo conversion for resale.
Marketing packet with floor plan, rental specifics, etc- please inquire....
Contact an agent
Home facts
- Year built:1890
- Listing ID #:2539354
- Added:147 day(s) ago
- Updated:July 02, 2026 at 03:31 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:8
- Full bathrooms:4
- Half bathrooms:4
- Living area:5,076 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Asphalt
- Year built:1890
- Building area:5,076 sq. ft.
- Lot Features:City Lot, Rectangular Lot
- Architectural Style:Traditional
- Construction Materials:HardiPlank Type, Wood Siding
- Exterior Features:Balcony, Courtyard, Fence, Porch
- Foundation Description:Raised
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$974,999
- Price per sq. ft.:$192.08
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