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313 Exchange Place
New Orleans, LA 70130

$7,270,000 - Status: Active
SQFT: 20,010
MLS# 2524309

Actual gross rent of $44,550 per month. 20 of 22 units leased, reach out to agent for rent roll and financials. Seller financing available. This (6) building, 22-unit portfolio offers a rare, generational opportunity to acquire a strategically located mix of commercial, multifamily, and residential assets in the heart of the French Quarter?one of the most supply-constrained and historically stable submarkets in the region. The portfolio includes a majority of residential apartments complemented by ground floor commercial spaces, with several properties on the National Historic Registry. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable. The properties showcase extensive recent capital improvements while preserving their historic charm. 525 Conti features brand-new roof, 1524 St. Mary St has new gutters, 307 Exchange has a new elevator, and 522-24 Burgundy St includes an award-winning renovation. Additional highlights include new renovations for most units and the courtyard interior at 307 Exchange ?where Edgar Degas painted and where a commemorative plaque remains on the exterior. All assets occupy prime locations within historically protected districts that benefit from year-round foot traffic and limited new construction. These properties have consistently attracted successful commercial tenants and long-term residential tenants, ensuring stable occupancy and proven demand. Historic architecture combined with modernized systems and recent renovations supports ongoing operational viability and long-term appreciation making this portfolio a once in a lifetime opportunity.

Property Features

MLS#: 2524309
Zip: 70130
Subdivision:
Development:
Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Site: 331
Heating: Central
Home Style: Mixed Use, Creole, French Provincial
Lot Size:
Roof Type: Flat, Shingle
Stories: 3.0

Feature Descriptions

Exterior: Brick, Wood Siding
Exterior Features: Balcony
Lot Description: City Lot, Rectangular Lot
Lot Dimensions: VAR
Parking: None
Patio/Porch: Balcony
Property Condition: Excellent
Sewer: Public Sewer
Water: Public

313 Exchange Place | MLS# 2524309

This multi-family property located at 313 Exchange Place, New Orleans, LA 70130 is currently listed for sale with an asking price of $7,270,000. Search New Orleans real estate on www.wendybenedetto.com today.

Listed By / Shown By

Listed By

Agency Name: Bridgewater Realty Advisors, LLC
Agency Phone: (504) 901-0463

Shown By

Agency Title: Wendy Benedetto, LLC
Agency Phone: (504) 382-7492

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