With a recent appraisal of $550,000, this property is priced to sell! Commercially-zoned and a perfect opportunity for an office conversion or any of the many HUMU zoning uses, this two-story duplex is just two houses off the vibrant Freret Street corridor. Watch your business ventures take off in this versatile multifamily property, which has three units – an upper and lower unit in the main structure and an unfinished detached apartment, full of potential, in the back of the house. Beautifully maintained, this cheerful property has original fireplaces (nonworking) and beautiful tile work throughout. Each unit (including the unfinished bonus unit) has two bedrooms and one bathroom, a cozy kitchen and a washer and dryer. Enjoy coffee from the front porch or the upstairs balcony – the perfect setting to soak up some outdoor time. Ideally situated just steps from Freret, with immediate access to restaurants, Rouse’s grocery, coffee shops, nightlife and all that this great location has to offer, all while tucked into a charming residential block. Located in an X flood zone with off-street parking and zoned Historic Urban Mixed Use, a standout opportunity in an unbeatable location—this one checks every box. Whether you’re searching for a personal home, a cash-flowing investment, or a hybrid living arrangement, this property delivers unmatched flexibility and value in a location that is hard to beat! Square footage of back unit is not included in total.
Active
Price cut: $35K (6/8)
$500,000
2424 Valence St, New Orleans, LA 70115
4beds
2,749sqft
Townhouse, Duplex, Multi Family, Multi Family
Built in 1940
3,600 Square Feet Lot
$493,700 Zestimate®
$182/sqft
$-- HOA
What's special
Two-story duplexOff-street parkingUpstairs balconyFront porchBeautiful tile work throughoutCozy kitchenOriginal fireplaces
- 99 days |
- 202 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Tara Loftis 504-345-3444,
Reese & Company Real Estate, LLC 504-229-2225,
Karon Reese 504-400-8558,
Reese & Company Real Estate, LLC
Source: GSREIN,MLS#: 2536566
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Description: Flooring: Carpet
- Level: First
- Dimensions: 14.2 x 12
Bedroom
- Description: Flooring: Carpet
- Level: First
- Dimensions: 14.4 x 12
Bedroom
- Description: Flooring: Engineered Hardwood
- Level: Second
- Dimensions: 14.2 x 12
Bedroom
- Description: Flooring: Engineered Hardwood
- Level: Second
- Dimensions: 14.3 x 12.2
Bathroom
- Description: Flooring: Tile
- Level: First
- Dimensions: 8 x 7
Bathroom
- Description: Flooring: Tile
- Level: Second
- Dimensions: 8 x 7
Den
- Description: Flooring: Tile
- Level: First
- Dimensions: 18.4 x 12.2
Den
- Description: Flooring: Engineered Hardwood
- Level: Second
- Dimensions: 18.4 x 12
Kitchen
- Description: Flooring: Tile
- Level: First
- Dimensions: 10 x 9.2
Kitchen
- Description: Flooring: Tile
- Level: Second
- Dimensions: 10 x 9.2
Living room
- Description: Flooring: Tile
- Level: First
- Dimensions: 14.2 x 14
Living room
- Description: Flooring: Tile
- Level: Second
- Dimensions: 14.2 x 14.2
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Laundry Room
Interior area
- Total interior livable area: 2,749 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, Two Spaces
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Porch
- Exterior features: Balcony, Porch
Lot
- Size: 3,600 Square Feet
- Dimensions: 30 x 120
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 614324605
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Architectural style: Creole
- Property subtype: Townhouse, Duplex, Multi Family, Multi Family
Materials
- HardiPlank Type
- Foundation: Raised
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- HOA name: NA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $324,900
- Annual tax amount: $1,145
- Date on market: 1/5/2026
- Tenant pays: Electricity, Gas, Water
Estimated market value
$493,700
$469,000 - $518,000
$3,392/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Price change | $500,000-6.5%$182/sqft |
Source:  GSREIN #2536566 Report a problem | ||
| 6/6/2026 | Listed for sale | $535,000$195/sqft |
Source: GSREIN #2536566 Report a problem | ||
| 5/20/2026 | Contingent | $535,000$195/sqft |
Source: GSREIN #2536566 Report a problem | ||
| 4/24/2026 | Price change | $535,000-2.7%$195/sqft |
Source: GSREIN #2536566 Report a problem | ||
| 4/6/2026 | Listed for sale | $550,000-6%$200/sqft |
Source: GSREIN #2536566 Report a problem | ||
| 3/26/2026 | Listing removed | $585,000$213/sqft |
Source: GSREIN #2536566 Report a problem | ||
| 3/23/2026 | Price change | $585,000-0.8%$213/sqft |
Source: GSREIN #2536566 Report a problem | ||
| 1/6/2026 | Listed for sale | $590,000$215/sqft |
Source: GSREIN #2536566 Report a problem | ||
| 1/5/2026 | Listing removed | $590,000$215/sqft |
Source: GSREIN #2532772 Report a problem | ||
| 12/2/2025 | Listed for sale | $590,000$215/sqft |
Source: GSREIN #2532772 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,145 | $15,520 |
| 2025 | $1,145 -1.4% | $15,520 |
| 2024 | $1,161 -5.3% | $15,520 |
| 2023 | $1,226 -44.6% | $15,520 +4% |
| 2022 | $2,213 -5.8% | $14,920 -3.9% |
| 2021 | $2,350 -1.6% | $15,520 |
| 2020 | $2,388 +1.8% | $15,520 |
| 2019 | $2,345 +79.1% | $15,520 -43.3% |
| 2018 | $1,309 | $27,360 +76.3% |
| 2017 | $1,309 -58.5% | $15,520 |
| 2016 | $3,157 +143.7% | $15,520 |
| 2015 | $1,296 | $15,520 |
| 2014 | $1,296 -43.8% | $15,520 +26.8% |
| 2013 | $2,307 | $12,240 |
| 2012 | -- | $12,240 |
| 2011 | -- | $12,240 |
| 2010 | -- | $12,240 |
| 2009 | -- | $12,240 |
| 2007 | -- | $12,240 +173.2% |
| 2006 | -- | $4,480 |
| 2004 | -- | $4,480 +23.1% |
| 2002 | -- | $3,640 |
| 2001 | -- | $3,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Freret
Nearby schools
GreatSchools rating
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 0.9 mi
- NALusher Charter SchoolGrades: K-12Distance: 0.4 mi
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 5.1 mi
- $364,3004 bd2 ba2.3k sqft2422 Valence St, New Orleans, LA 70115Off Market
- $682,5002 bd1 ba759 sqft2428 Valence St, New Orleans, LA 70115Off Market
- $---- bd-- ba-- sqft2430 Valence St, New Orleans, LA 70115Off Market
- $441,0004 bd2 ba2k sqft2416 Valence St, New Orleans, LA 70115Off Market
- $378,4003 bd2 ba1.1k sqft2418 Valence St, New Orleans, LA 70115Off Market
- $569,9003 bd3 ba3.5k sqft2432 Valence St, New Orleans, LA 70115Off Market
- $364,9002 bd1 ba822 sqft2434 Valence St, New Orleans, LA 70115Off Market
- $--2 bd1 ba-- sqft2434 Valence St #ID1268184P, New Orleans, LA 70115Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $469,0004 bd3 ba2.2k sqft1919-21 Joseph Ct, New Orleans, LA 70115For Sale
MLS ID #2561450, John Schaff, Compass Historic (LATT09). GSREIN - $425,0006 bd2 ba3.4k sqft2130 Robert St, New Orleans, LA 70115For Sale
MLS ID #2550747, Zachary Russell, REVE, REALTORS. GSREIN - $475,0003 bd2 ba1.4k sqft2216 Joseph St, New Orleans, LA 70115For Sale
MLS ID #2560823, Jeri Wheeler, REVE, REALTORS. GSREIN - $425,0006 bd2 ba2.3k sqft2817-23 Upperline St, New Orleans, LA 70115For Sale
MLS ID #2548334, Michael Humphrey, eXp Realty, LLC. GSREIN - $399,0006 bd4 ba2k sqft2625 Upperline St, New Orleans, LA 70115For SaleMLS ID #2565251, Chris Smith, Keller Williams Realty New Orleans. GSREIN
- $335,0004 bd2 ba1.6k sqft2032 Robert St, New Orleans, LA 70115For SaleMLS ID #2560557, Jessica Manzella, Epique Realty. GSREIN
- $640,0003 bd3 ba1.9k sqft4617 S Saratoga St, New Orleans, LA 70115For SaleMLS ID #2566261, Alexander Peet, Wurth Real Estate Services. GSREIN
- $469,0005 bd3 ba2.2k sqft1033-1035 Port St, New Orleans, LA 70117For SaleMLS ID #2567744, Jon Huffman, Jon Huffman Real Estate. GSREIN
- $469,0005 bd6 ba3.3k sqft3701 Nashville Ave, New Orleans, LA 70125For SaleMLS ID #2547311, Stephen Ehlinger, Berkshire Hathaway HomeServices Preferred, REALTOR. GSREIN
- $535,0003 bd2 ba1.4k sqft933 Pleasant St, New Orleans, LA 70115For SaleMLS ID #2558317, Nicholas Galiano, Galiano Realty. GSREIN
- $599,5006 bd4 ba2.8k sqft2001-03 General Taylor St, New Orleans, LA 70115For SaleMLS ID #2558289, Helene Barnett, Keller Williams Realty New Orleans. GSREIN
- $489,0006 bd4 ba3.7k sqft2234-36 Cambronne St, New Orleans, LA 70118For SaleMLS ID #2549714, Michael Lester, KELLER WILLIAMS REALTY 455-0100. GSREIN
- $470,0003 bd2 ba1.7k sqft1135 Ursulines Ave, New Orleans, LA 70116For SaleMLS ID #2567647, Lisa Shedlock, FQR Realtors. GSREIN
- $549,5004 bd4 ba2.2k sqft3408 Nashville Ave, New Orleans, LA 70125For SaleMLS ID #2529059, John Nugent, REVE, REALTORS. GSREIN
- $450,0007 bd5 ba3.1k sqft2319-21 Lowerline St, New Orleans, LA 70118For SaleMLS ID #2564599, Mary Danna, KELLER WILLIAMS REALTY 455-0100. GSREIN
- $550,0002 bd2 ba1.4k sqft5416 Laurel St, New Orleans, LA 70115For SaleMLS ID #2559876, Sarah Aucoin, Coldwell Banker TEC MAGAZINE. GSREIN
- $525,0004 bd2 ba2.3k sqft2473-75 N Rampart St, New Orleans, LA 70117For SaleMLS ID #2547909, Adrienne LaBauve, eXp Realty, LLC. GSREIN
- $525,0004 bd2 ba2.3k sqft2475 N Rampart St, New Orleans, LA 70117For SaleMLS ID #2547913, Adrienne LaBauve, eXp Realty, LLC. GSREIN
- $550,0006 bd4 ba3.4k sqft7601-03 Hampson St, New Orleans, LA 70118For SaleMLS ID #2564770, Terrence Davis, Keller Williams Realty New Orleans. GSREIN
- $510,0004 bd2 ba2.6k sqft6727-29 Louis Xiv St, New Orleans, LA 70124For SaleMLS ID #2551585, Leslie Heindel, Crescent City Living, LLC. GSREIN
