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1241 Kerlerec St, New Orleans, LA 70116

6beds

3,507sqft

Quadruplex, Multi Family, Multi Family

Built in 1951

-- sqft lot

$518,200 Zestimate^®

$--/sqft

$3,638 Estimated rent

Home value

$518,200

$430,000 - $617,000

$3,638/mo

Zestimate^® history

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$3,638/mo

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$3,638/mo

Rent Zestimate^®

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What's special

All-electric propertyGreat outdoor spaceIn-unit washer and dryer

This exceptional property is ideally located down the street from the vibrant French Quarter. Currently this property has 4 units. On the first floor there is a One Bedroom two bath unit and a 2 bedroom one bath unit. The second floor has a two bedroom/two bath unit and a 1 bedroom/1 bath unit. The flexible layout allows for a quick and seamless conversion into two large 3-bedroom, 3-bathroom residences — perfect for maximizing rental income or creating luxury living spaces. Features include: All-electric property In-unit washer and dryer for each unit Great outdoor space, ideal for relaxing or entertaining. Whether you're looking for a strong investment opportunity or a live-plus-income option, this property offers incredible potential in one of New Orleans' most iconic neighborhoods.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Central

Cooling

Central Air

Appliances

Laundry: In Unit

Interior area

Total interior livable area: 3,507 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2
Patio & porch: Balcony
Exterior features: Balcony, Fence
Pool features: None

Lot

Size: 3,767 Square Feet
Dimensions: 30 x 120
Features: City Lot, Rectangular Lot

Details

Parcel number: 37W103109
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Wood Siding
Foundation: Raised
Roof: Asphalt,Shingle

Condition

Very Good Condition
Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: New Orleans

Financial & listing details

Tax assessed value: $517,300
Annual tax amount: $6,828
Date on market: 5/15/2025
Tenant pays: Electricity

Price history

Date	Event	Price
6/30/2025	Sold	--
Source: GSREIN #2497088 Report a problem
6/9/2025	Contingent	$599,000$171/sqft
Source: GSREIN #2497088 Report a problem
5/15/2025	Listed for sale	$599,000$171/sqft
Source: GSREIN #2497088 Report a problem
4/8/2014	Listing removed	$3,300$1/sqft
Source: Zillow Rental Network Report a problem
3/11/2014	Listed for rent	$3,300$1/sqft
Source: Zillow Rental Network Report a problem
1/16/2012	Sold	--
Source: GSREIN #892122 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$6,828 +52.1%	$51,730 +52.1%
2025	$4,488 -1.5%	$34,000
2024	$4,556 +19.9%	$34,000 +30.4%
2023	$3,799 +8.5%	$26,070 +4.8%
2022	$3,501 -6.7%	$24,880 -4.6%
2021	$3,753 -1%	$26,070
2020	$3,790 -0.9%	$26,070 +3%
2019	$3,825	$25,320
2018	$3,825	$25,320
2017	$3,825 -1.9%	$25,320
2016	$3,901 +1.5%	$25,320 +30.9%
2015	$3,843	$19,350
2014	$3,843 +33.6%	$19,350
2013	$2,877	$19,350
2012	--	$19,350 -43.1%
2011	--	$34,000
2010	--	$34,000 -10.5%
2009	--	$38,000 +497.5%
2007	--	$6,360 -13.5%
2006	--	$7,350
2001	--	$7,350
2000	--	$7,350