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2424 Valence Street, 
New Orleans, LA 70115

$535,000


4

Beds


2

Baths


2,749

Sq Ft


Multi-Family

Active

Listed by

Tara Loftis

Karon Reese

Reese & Company Real Estate, LLC.

504-229-2225

Last updated:

May 31, 2026, 03:11 PM

MLS#

2536566

Source:

LA GSREIN

About This Home

2424 Valence Street

Commercially-zoned and a perfect opportunity for an office conversion or any of the many HUMU zoning uses, this two-story duplex is just two houses off the vibrant Freret Street corridor. This versatile multifamily property has three units – an upper and lower unit in the main structure and an unfinished detached apartment, full of potential, in the back of the house. Beautifully maintained, this cheerful property has original fireplaces (nonworking) and beautiful tile work throughout. Each unit (including the unfinished bonus unit) has two bedrooms and one bathroom, a cozy kitchen and a washer and dryer. Enjoy coffee from the front porch or the upstairs balcony – the perfect setting to soak up some outdoor time. Ideally situated just steps from Freret, with immediate access to restaurants, Rouse’s grocery, coffee shops, nightlife and all that this great location has to offer, all while tucked into a charming residential block. Located in an X flood zone with off-street parking and zoned Historic Urban Mixed Use, a standout opportunity in an unbeatable location—this one checks every box. Whether you’re searching for a personal home, a cash-flowing investment, or a hybrid living arrangement, this property delivers unmatched flexibility and value in a location that is hard to beat! Square footage of back unit is not included in total.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1940

Price Summary

535,000

$194 per Sq. Ft.

MLS #:

2536566

Last Updated:

May 31, 2026, 03:11 PM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,749 Sq. Ft.


Structure

Structure

Building Area:

2,749 Sq. Ft.

Year Built:

1940


Finances & Disclosures

Finances

Price:

$535,000

Price per Sq. Ft:

$194 per Sq. Ft.

Source:LA GSREIN
The information being provided by Gulf South Real Estate Information Network, Inc is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Gulf South Real Estate Information Network, Inc All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.