7 Beds | 5 Baths | 3,576 Sq Ft | Historic Treme | $102/Sq Ft Appraised Above Asking Price | Sold As-Is
1322 Kerlerec Street is a 7-bedroom, 5-bath multi-level Creole townhouse sitting on a 5,282 sq ft lot in the heart of historic Treme, steps from Esplanade Avenue. At 3,576 sq ft of municipal living area and $102 per square foot, this is one of the most compelling value opportunities currently available in this zip code.
The Condition: This home is in excellent structural condition. It withstood Hurricane Katrina without significant loss. It has not been cosmetically updated since the late 1980s, which means the buyer is purchasing a structurally sound, historically intact property that is ready for a full interior renovation and minor exterior updates. The bones are exceptional. The opportunity is in the finish.
The Architecture: Built in 1940, the home carries the defining features of New Orleans Creole design: double galleries, ornate wrought iron railings, soaring ceiling heights, hardwood floors, tall shuttered windows, and expansive porches. These are not features you replicate in new construction. They are features you restore, and in Treme, restoration drives value.
Three Paths Forward: The accompanying rendered images illustrate one vision for what this property can become after renovation. Buyers may consider:
• A fully restored single-family primary residence
• Multi-generational living across 7 bedrooms and 5 baths on multiple levels
• Upper-level rental unit configuration (buyer to verify zoning and intended use with the City of New Orleans)
Location That Works Without a Car:
• Walk Score 91 — Walker's Paradise
• Bike Score 100 — Biker's Paradise
• Transit Score 64 — Good Transit
• Walking distance to the French Quarter and French Market
• Steps from Esplanade Avenue and Canal Street
• Minutes from Louis Armstrong Park, Lafitte Greenway, City Park, and I-10
• Easy access to major bus routes and streetcar lines
Why Treme: The oldest historically Black neighborhood in the United States. A cornerstone of New Orleans culture, its music, its architecture, its community roots. Demand here continues to grow among homeowners and investors who understand that authenticity, walkability, and neighborhood character are not things that can be manufactured. They either exist or they don't. At 1322 Kerlerec, they do.
The seller is motivated and ready to close with a qualified buyer. Cash buyers and renovation loan buyers are encouraged.
Property is sold as-is. No known disclosures. All renovation idea rendering images are digitally illustrated renovation concepts and do not represent current conditions.
Zoning and intended use should be independently verified by the buyer.
202 days
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5,772
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291
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Listed by:
Property Owner(504) 453-7673
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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