Skip To Content

2501 Royal Street

New Orleans, LA 70117
  • $618,000
  • STATUS: Closed
  • ON SITE: 262 Days
  • MLS #: 2448359
Sold - 11/01/2024
$618,000
SOLD - 11/01/2024
  • 8
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,113
    SQFT
  • $0
    $/SQFT
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

We're celebrating the Fed's recent interest rate cut with a price reduction on this triplex at 2501 Royal St. Now listed at $665,000, this property projects current market rents of $5,400/month with two current leases on month-to-month terms. The seller is also offering to upgrade to a Certified Fortified Roof with a full-price offer, which could significantly reduce insurance costs. Located in Flood Zone X, the most desirable zone in New Orleans.Downstairs are two renovated units (a 2-bed and a 3-bed), each with private entrances and all appliances including washers/dryers. The upstairs unit is a spacious 3-bedroom that has been restored, retaining historic features like original kitchen cabinets, apron sink, and large windows that fill the space with natural light. All units have separate electric meters; the owner only covers water, trash, and sewer.Happy tenants who pay rent on time.Prime location in the Marigny, just a short walk to the French Quarter and Bywater.Easy street parking.Rich history " inquire for more details.2501 Royal St isnt just a house"its a smart investment in an incredible historic New Orleans neighborhood.

Monthly Payment Calculator



Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.

Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2025-02-11T16:35:00.427.
www.bestlouisianahomes.com/homes/150901628
Print Image

2501 Royal Street New Orleans, LA 70117

  • Price: $665,000
  • Status: Closed
  • On Site: 262 Days
  • Updated: 19 min ago
  • MLS #: 2448359
8
Beds
3
Baths
0
½ Baths
N/A
Acres
3,113
SQFT
$0
$/SQFT
1922
Built
County:
Orleans
Property Description
We're celebrating the Fed's recent interest rate cut with a price reduction on this triplex at 2501 Royal St. Now listed at $665,000, this property projects current market rents of $5,400/month with two current leases on month-to-month terms. The seller is also offering to upgrade to a Certified Fortified Roof with a full-price offer, which could significantly reduce insurance costs. Located in Flood Zone X, the most desirable zone in New Orleans.Downstairs are two renovated units (a 2-bed and a 3-bed), each with private entrances and all appliances including washers/dryers. The upstairs unit is a spacious 3-bedroom that has been restored, retaining historic features like original kitchen cabinets, apron sink, and large windows that fill the space with natural light. All units have separate electric meters; the owner only covers water, trash, and sewer.Happy tenants who pay rent on time.Prime location in the Marigny, just a short walk to the French Quarter and Bywater.Easy street parking.Rich history " inquire for more details.2501 Royal St isnt just a house"its a smart investment in an incredible historic New Orleans neighborhood.
Exterior Features

Construction Materials BrickWood Siding Exterior Features BalconyEnclosed PorchPorch Foundation Details Slab Lot Features City LotRectangular Lot Lot Size Dimensions 27X77 Parking Features NoneOff Street Patio And Porch Features BalconyPorchScreened Pool Features None Roof AsphaltShingle

Interior Features

Cooling Central AirWindow Unit(s) Heating CentralWindow Unit Heating YN Yes Laundry Features Laundry Room

Property Features

Architectural Style Traditional Cooling YN Yes Home Warranty YN No Levels Two Owner Pays Water Property Condition Very Good Condition Property Sub Type Triplex Restrictions Sewer Public Sewer Special Listing Conditions None Tenant Pays Electricity Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Elisa Cool Murphy of Cool Murphy, LLC: (504) 321-3194.



Broker and Associates are licensed in the State of Louisiana, USA.
The Robin Group of Keller Williams Realty Services || 985-778-2525 || Mandeville, LA.

Terms & Conditions
© 2025 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Robin Group of Keller Williams Realty Services. Data last updated: 2025-02-11T16:35:00.427.
 
https://bt-photos.global.ssl.fastly.net/neworleans/orig_boomver_2_2448359-2.jpg https://bt-photos.global.ssl.fastly.net/neworleans/orig_boomver_2_2448359-2.jpg https://bt-photos.global.ssl.fastly.net/neworleans/orig_boomver_2_2448359-2.jpg
Logo
The Robin Group of Keller Williams Realty Services
5001 Hwy 190 East Service Rd Unit C6
Mandeville LA, 70458