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720 Port Street, 
New Orleans, LA 70117

$499,000


4

Beds


4

Baths


2,288

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Mar Paulson

Homesmart Realty South

504-908-7653

Last updated:

June 21, 2025, 09:46 PM

MLS#

2506063

Source:

LA GSREIN

About This Home

720 Port Street

Rare opportunity in the Marigny. 1850 Creole Cottage with four apartments separated by a private courtyard garden. Transform the front two units into a gracious single residence and rent out the back two units. Prime location in the 700 block of Port St. If your dream is to have an historic Marigny home with rental income, this is your vision come true. Two units fronting Port St. and back two units in rear of property. Verification by City of New Orleans as an Established Multifamily. Four separate electric meters and one water meter. Seller has lived in 720A since purchasing the property 27 years ago and would like the opportunity to lease back after sale both 720A for one year and 722B(the writing guest apartment) for 6 months. Other units are tenant occupied. Apartment 722A is under current market rates. The garden courtyard is filled with citrus trees and very peaceful. Location and opportunity are not to be missed. Anticipated to sell quickly as this is truly a rare and raw jewel in the making. 24 hour notice to show as owner/tenant occupied.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1850

Price Summary

499,000

$218 per Sq. Ft.

MLS #:

2506063

Last Updated:

June 21, 2025, 09:46 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,288 Sq. Ft.


Structure

Structure

Architectural Style:

Cottage

Building Area:

2,288 Sq. Ft.

Year Built:

1850


Finances & Disclosures

Finances

Price:

$499,000

Price per Sq. Ft:

$218 per Sq. Ft.

Source:LA GSREIN
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