Owner Financing ***Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years, Additional Principal Payment: 10% due at year 2, Balloon Payment: Remaining balance due at year 5***
Tenant-occupied multifamily investment opportunity in a prime New Orleans location just off Esplanade Avenue. This historic income-producing property offers current in-place rental revenue of $3,922 per month, off-street parking, and a flexible three-unit configuration. Distinctive architectural character, updated interiors, and strong access to the French Quarter, Fair Grounds, CBD, and other major demand drivers make this a solid opportunity for investors seeking cash flow with long-term upside.
Active
$519,900
2226 Barracks St, New Orleans, LA 70119
4beds
2,832sqft
Triplex, Multi Family, Multi Family
Built in 1920
-- sqft lot
$481,300 Zestimate®
$184/sqft
$-- HOA
What's special
Distinctive architectural characterOff-street parkingFlexible three-unit configurationUpdated interiors
- 165 days
- 103
- 7
Zillow last checked:
Listing updated:
Listed by:
Christopher Talbot 504-319-1452,
Talbot Realty Group 504-525-9763
Source: GSREIN,MLS#: 2548541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Window Unit
Cooling
- Other, Window Unit(s)
Interior area
- Total interior livable area: 2,832 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Porch
Lot
- Size: 4,748 Square Feet
- Dimensions: 47 x 101
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 208107114
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Acadian
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Wood Siding
- Foundation: Raised
- Roof: Asphalt
Condition
- Very Good Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $242,700
- Annual tax amount: $3,203
- Date on market: 2/3/2026
- Tenant pays: Electricity, Gas, Water
Estimated market value
$481,300
$457,000 - $505,000
$2,454/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $519,900-1%$184/sqft |
Source:  GSREIN #2548541 Report a problem | ||
| 3/19/2026 | Listed for sale | $524,900-8.7%$185/sqft |
Source: GSREIN #2548541 Report a problem | ||
| 9/2/2025 | Listing removed | $1,325 |
Source: GSREIN #2512764 Report a problem | ||
| 8/13/2025 | Price change | $1,325-5.4% |
Source: GSREIN #2512764 Report a problem | ||
| 7/20/2025 | Listed for rent | $1,400-6.7% |
Source: GSREIN #2512764 Report a problem | ||
| 6/7/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Listed for rent | $1,500+11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/2/2023 | Listing removed | -- |
Source: GSREIN #2367301 Report a problem | ||
| 2/25/2023 | Price change | $575,000-8%$203/sqft |
Source: GSREIN #2367301 Report a problem | ||
| 10/8/2022 | Listed for sale | $625,000+4.3%$221/sqft |
Source: GSREIN #2367301 Report a problem | ||
| 6/26/2022 | Listing removed | -- |
Source: GSREIN #2340239 Report a problem | ||
| 6/2/2022 | Price change | $599,000-9.9%$212/sqft |
Source: GSREIN #2340239 Report a problem | ||
| 5/21/2022 | Price change | $665,000-0.7%$235/sqft |
Source: GSREIN #2340239 Report a problem | ||
| 5/6/2022 | Price change | $670,000-0.7%$237/sqft |
Source: GSREIN #2340239 Report a problem | ||
| 4/11/2022 | Listed for sale | $675,000+58.8%$238/sqft |
Source: GSREIN #2340239 Report a problem | ||
| 4/7/2020 | Listing removed | $1,350 |
Source: NO StrRent Report a problem | ||
| 1/9/2020 | Price change | $1,350+17.4% |
Source: NO StrRent Report a problem | ||
| 12/3/2019 | Price change | $1,150-14.8% |
Source: LATTER & BLUM PROPERTY MANAGEMENT, INC #2229944 Report a problem | ||
| 11/7/2019 | Listed for rent | $1,350+23.3% |
Source: NO StrRent Report a problem | ||
| 11/28/2018 | Listing removed | $1,095-8.4% |
Source: Latter and Blum Property Management Report a problem | ||
| 10/16/2018 | Listing removed | $425,000$150/sqft |
Source: The Carson Co. Inc. of New Orleans #2165884 Report a problem | ||
| 7/23/2018 | Listed for sale | $425,000$150/sqft |
Source: The Carson Co. Inc. of New Orleans #2165884 Report a problem | ||
| 7/23/2018 | Listing removed | $1,195 |
Source: LATTER & BLUM PROPERTY MANAGEMENT, INC #2152922 Report a problem | ||
| 7/16/2018 | Listed for rent | $1,195 |
Source: LATTER & BLUM PROPERTY MANAGEMENT, INC #2152922 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,203 | $24,270 |
| 2025 | $3,203 -1.5% | $24,270 |
| 2024 | $3,252 +14.1% | $24,270 +19.9% |
| 2023 | $2,849 +4% | $20,250 +4% |
| 2022 | $2,741 -6% | $19,480 -3.8% |
| 2021 | $2,915 -1% | $20,250 |
| 2020 | $2,944 +96.8% | $20,250 +104.5% |
| 2019 | $1,496 | $9,900 |
| 2018 | $1,496 | $9,900 |
| 2017 | $1,496 -1.9% | $9,900 |
| 2016 | $1,525 +1.5% | $9,900 |
| 2015 | $1,503 | $9,900 -10% |
| 2014 | $1,503 +2.1% | $11,000 |
| 2013 | $1,472 | $11,000 |
| 2012 | -- | $11,000 |
| 2011 | -- | $11,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Treme' Lafitte
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