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1411 TERPSICHORE Street
New Orleans LA 70130 US

$889,000

Active Listing ID 2578980
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4,990 square feet
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Other

$889,000

Active Listing ID 2578980
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1411 TERPSICHORE Street Fully leased at $7, 650 a month ($91, 800 a year, a 9.7 gross rent multiple), this circa-1850 Greek Revival 4-plex anchors the edge of Coliseum Square, one block from the St. Charles Avenue streetcar. Step inside & the pedigree shows: soaring ceilings, heart-pine floors, exposed beams, cypress millwork, original transom windows & elegant medallions overhead. Four townhome-style residences - two 1, 500 sq ft 2BR/1.5BA, a 1, 073 sq ft 1BR/2BA & a 995 sq ft 2BR/2BA - each with a private entrance, outdoor space & in-unit laundry, totaling 4, 990 sq ft & seven bedrooms. Two already have new kitchens with quartz counters, contemporary cabinetry & ss appliances; the other two leave value-add upside on the table. Relax in the rear courtyard, a quiet retreat tucked behind the building & a draw for long-term tenants. Separate electric meters, a 36 x 128 lot & Flood Zone X, a real edge on insurance in this market. Owner-occupants, take note: live in one of the 1, 500 sq ft homes & let the other three cover $5, 250 of the monthly payment. Ask for the full lease schedule & a lender-quoted buydown scenario. Magazine Street dining & shopping are a short walk, with Tulane & Loyola a quick ride uptown. Proven cash flow with a Lower Garden District address - ready when you are.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Ductless, Window Unit(s), Central Air, Wall Unit(s)
  • Exterior Finish: Balcony, Courtyard, Porch
  • Roof Type: Shingle
  • Heating Fuels: Ductless (Heating), Other (Heating), Central
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 889000
  • unparsedaddress: 1411 TERPSICHORE Street
  • postalcity: New Orleans
  • stateorprovince: LA
  • country: US
  • postalcode: 70130
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4990
  • livingareaunits: Square Feet
  • latitude: 29.937403
  • longitude: -90.073769
  • listagentfullname: Lara Schultz
  • listagentemail: lasnola@yahoo.com
  • listagentkey: 3yd-NOMARLA-SCHULARA
  • listagentmlsid: SCHULARA
  • listagentpreferredphone: 5043382587
  • listagentofficephone: 5043382587
  • listofficekey: 3yd-NOMARLA-REVE01
  • listofficemlsid: REVE01
  • disclaimer: Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NOMARLA
  • yearbuilt: 1850
  • listingcontractdate: 2026-10-02
  • listagenturl: https://reverealtors.com
  • countyorparish: Orleans
  • parcelnumber: 101105512
  • cooling: Ductless, Window Unit(s), Central Air, Wall Unit(s)
  • heating: Ductless (Heating), Other (Heating), Central
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • exteriorfeatures: Balcony, Courtyard, Porch
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.07377, 29.937403
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Rêve | Realtors", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lara@reverealtors.com", "ListBrokerageCity":"New Orleans", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Clint@ReveRealtors.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/85ff1451c0cf11e8b5700242ac110005k-c2161209730r.png", "ListBrokerageName":"Rêve | Realtors", "ListBrokeragePhone":"(504) 300-0700", "ListBrokeragePostalCode":"70115", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"4827 Prytania St.", "ListBrokerageWebsiteUrl":"https://reverealtors.com", "ListOfficeAddress1":"4827 Prytania St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"REVE01", "ListOfficeCity":"New Orleans", "ListOfficeCountry":"US", "ListOfficeEmail":"info@reverealtors.com", "ListOfficePostalCode":"70115", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family, New Orleans, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1411-Terpsichore-St_New-Orleans_LA_70130_M96032-41795?f=listhub&s=NOMARLA&m=2578980&c=rexren", "MLSModificationTimestamp":"2026-10-02 14:10:06", "Neighborhoods":[{"Description":null, "Name":"Lower Garden Distric"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"1. SQ 193 LOT 9 TERPSICHORE ST 2. 36X128 3. 1411 TERPISCHORE ST", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/2/2026 8:02:46 PM GMT
Source Updated Date: 10/6/2026 12:47:03 AM GMT

Courtesy of: Lara Schultz, REVE, REALTORS, lasnola@yahoo.com

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.