Property Description

Rare opportunity to own a well-positioned multifamily property in the heart of New Orleans' Garden District. Located directly on the iconic St. Charles Avenue streetcar line, 3206-3208 St. Charles Avenue consists of eight residential units with a mix of studio and one-bedroom floor plans across approximately 6,922 square feet. Situated on an approximately 8,215-square-foot lot, the property offers investors a distinctive Garden District asset with potential upside, while also appealing to owner-occupants seeking rental income. Its prime location provides excellent walkability to neighborhood restaurants, shops, and entertainment venues, contributing to strong tenant demand and consistent occupancy. An oversized side yard and existing historic curb cut may present an opportunity for additional off-street parking, subject to City of New Orleans approvals. Buyers should independently verify all zoning, permitting, parking, and development possibilities with the City. The property is zoned HU-RM1 (Historic Urban Multi-Family Residential District), which allows a variety of residential housing types while preserving the character of the surrounding neighborhood. All measurements are approximate and should be verified by the purchaser.

Property Features