839 PINE ST, New Orleans, LA 70118
839 PINE ST, New Orleans, LA 70118
839 PINE ST, New Orleans, LA 70118
839 PINE ST, New Orleans, LA 70118
839 PINE ST, New Orleans, LA 70118
839 PINE ST, New Orleans, LA 70118
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$ 1,550,000
Est. payment | /mo

7 Beds

4 Baths

6,024 SqFt


Save
$ 1,550,000
Est. payment | /mo
Save

7 Beds

4 Baths

6,024 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,024 sqft

Price per Sqft $257

MLS Listing ID 2568046

Style Traditional

Bedrooms 7

Full Baths 4

Construction Status Very Good Condition

HOA Y/N No

Year Built 1960

Lot Size 7,200 Sqft

Acres 0.1653

Property Sub-Type Duplex

Property Description

839 PINE STREET | UPTOWN NEW ORLEANS | HISTORIC CHARM & INCOME POTENTIAL

Step into a piece of New Orleans history at 839 Pine Street, an extraordinary circa-1906 historic residence nestled in the heart of coveted Uptown. Offering an impressive 6,024 square feet of living space, this one-of-a-kind property seamlessly blends timeless architectural elegance with modern versatility, making it ideal as a distinguished private residence or an exceptional investment opportunity.

APPRAISED VALUE: $2,011,000

The main residence features 5 spacious bedrooms, 3 bathrooms, soaring ceilings, and the rich architectural details that define New Orleans' most treasured historic homes. An inviting front porch welcomes you home, while the private courtyard provides the perfect setting for relaxing, entertaining, or enjoying the charm of this iconic neighborhood.

EXCEPTIONAL INCOME-PRODUCING POTENTIAL

Adding tremendous value is a separate 2-bedroom apartment currently rented for $2,000 per month. The main residence has previously rented for $6,000 per month, presenting the potential for a combined rental income of $8,000 monthly, or $96,000 annually, when both spaces are rented at those respective rates. This presents an attractive opportunity for investors seeking rental income, owner-occupants looking to offset ownership expenses, or buyers interested in multigenerational living.
Additional highlights include a 2-car attached garage, a highly desirable feature in Uptown, and the added benefit of being located in an X Flood Zone.

Perfectly positioned just three blocks from historic St. Charles Avenue and only minutes from Audubon Park, Tulane University, world-class dining, shopping, and entertainment, this remarkable property offers the very best of Uptown living.
Rarely does a property combine historic character, exceptional square footage, a prime location, a separate income-producing apartment, and significant rental potential in one offering.

839 Pine Street is a truly exceptional opportunity to own one of Uptown New Orleans' distinctive historic properties, with the flexibility to enjoy its character while exploring its income-producing possibilities.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Balcony, Courtyard, Fence

Parking Features Covered, Garage

Pool None

Water Access Desc Public

Roof Type Asphalt,Shingle

Porch Balcony

Building

Lot Description Corner Lot, City Lot

Entry Level Three Or More

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Three Or More

Construction Status Very Good Condition

Others

Tax ID 615307407

Acceptable Financing Bond For Deed, Lease Purchase

Listing Terms Bond For Deed, Lease Purchase

Special Listing Condition None

Nearby Locations

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839 PINE ST