Prime Channel Corner Development Opportunity! Excellent development potential on a coveted corner lot at St. Thomas and Second Street. This 28' x 110' property currently features two existing structures and is ideally zoned HU-RD2 (Historic Urban Two-Family Residential District), offering versatile development options in one of New Orleans' most desirable neighborhoods. Strategic corner location in the thriving Channel positions this property just blocks from Magazine Street's renowned shopping and dining. The generous lot dimensions and favorable zoning create endless possibilities for the right developer or homeowner looking to make their mark in this historic district. This succession property is being sold as-is, with no utilities currently provided. Please note that a 60-day closing period is for court authorization. All offers will be considered for this unique development opportunity.
Closed
Price Unknown
2500 Saint Thomas St, New Orleans, LA 70130
2beds
1,075sqft
Single Family Residence
Built in 1945
3,079 Square Feet Lot
$350,700 Zestimate®
$--/sqft
$2,087 Estimated rent
Home value
$350,700
$333,000 - $368,000
$2,087/mo
Zestimate® history
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List your homeWhat's special
Coveted corner lotGenerous lot dimensionsCorner lot
Zillow last checked:
Listing updated:
Listed by:
April Brown 504-606-0466,
Hospitality Realty,
Debra Weber 504-236-6697,
Hospitality Realty
Bought with:
Debra Weber
Hospitality Realty
Source: GSREIN,MLS#: 2487874
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,004
- Total interior livable area: 1,075 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Courtyard, Fence
- Pool features: None
Lot
- Size: 3,079 Square Feet
- Dimensions: 28 x 110
- Features: Corner Lot, City Lot
Details
- Parcel number: 411103321
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Foundation: Raised, Slab
- Roof: Shingle
Condition
- Poor Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: None
- Utilities for property: Water Not Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Orleans
Financial & listing details
- Tax assessed value: $527,900
- Annual tax amount: $6,968
- Date on market: 2/18/2025
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Sold | -- |
Source:  GSREIN #2487874 Report a problem | ||
| 12/10/2025 | Contingent | $375,000$349/sqft |
Source: GSREIN #2487874 Report a problem | ||
| 4/30/2025 | Listed for sale | $375,000$349/sqft |
Source: GSREIN #2487874 Report a problem | ||
| 4/1/2025 | Listing removed | $375,000$349/sqft |
Source: GSREIN #2483313 Report a problem | ||
| 3/25/2025 | Price change | $375,000-11.8%$349/sqft |
Source: GSREIN #2487874 Report a problem | ||
| 1/16/2025 | Listed for sale | $425,000$395/sqft |
Source: GSREIN #2483313 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $6,968 +23187.9% | $52,790 +1930.4% |
| 2025 | $30 | $2,600 |
| 2024 | $30 -11.3% | $2,600 |
| 2023 | $34 -91.1% | $2,600 +1.6% |
| 2022 | $381 -3.6% | $2,560 -1.5% |
| 2021 | $395 -1.6% | $2,600 |
| 2020 | $401 +2.2% | $2,600 |
| 2019 | $393 +1064.6% | $2,600 |
| 2018 | $34 | $2,600 |
| 2017 | $34 | $2,600 |
| 2016 | $34 +23.9% | $2,600 |
| 2015 | $27 | $2,600 |
| 2014 | $27 | $2,600 |
| 2013 | $27 | $2,600 |
| 2012 | -- | $2,600 |
| 2011 | -- | $2,600 +30% |
| 2006 | -- | $2,000 |
| 2004 | -- | $2,000 |
| 2002 | -- | $2,000 |
| 2001 | -- | $2,000 |
| 2000 | -- | $2,000 |
Find assessor info on the county website
Neighborhood: Irish Channel
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Nearby schools
GreatSchools rating
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 2.3 mi
- 2/10Rooted SchoolGrades: 9-10Distance: 1.4 mi
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 5 mi
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Estimated market value
$350,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$350,700
- Louisiana
- Orleans Parish
- New Orleans
- 70130
- Irish Channel
- 2500 Saint Thomas St
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