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  • Price Unknown

    2501 Royal St, New Orleans, LA 70117

    8beds
    3,113sqft
    Triplex, Multi Family, Multi Family
    Built in 1922
    -- sqft lot
    $651,600 Zestimate®
    $--/sqft
    $2,283 Estimated rent

    Home value

    $651,600

    $580,000 - $736,000

    $2,283/mo

    Zestimate® history
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    What's special

    We're celebrating the Fed's recent interest rate cut with a price reduction on this triplex at 2501 Royal St. Now listed at $665,000, this property projects current market rents of $5,400/month with two current leases on month-to-month terms. The seller is also offering to upgrade to a Certified Fortified Roof with a full-price offer, which could significantly reduce insurance costs. Located in Flood Zone X, the most desirable zone in New Orleans. Downstairs are two renovated units (a 2-bed and a 3-bed), each with private entrances and all appliances including washers/dryers. The upstairs unit is a spacious 3-bedroom that has been restored, retaining historic features like original kitchen cabinets, apron sink, and large windows that fill the space with natural light. All units have separate electric meters; the owner only covers water, trash, and sewer. Happy tenants who pay rent on time. Prime location in the Marigny, just a short walk to the French Quarter and Bywater. Easy street parking. Rich history – inquire for more details. 2501 Royal St isn’t just a house—it’s a smart investment in an incredible historic New Orleans neighborhood.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elisa Cool Murphy 504-321-3194,

    Cool Murphy, LLC,

    Darcie Braai 504-723-5079,

    Cool Murphy, LLC

    Bought with:

    Elisa Cool Murphy

    Cool Murphy, LLC

    Source: GSREIN,MLS#: 2448359MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Window Unit
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Laundry: Laundry Room
    Interior area
    • Total interior livable area: 3,113 sqft

    Property

    Parking
    • Parking features: None, Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony, Porch, Screened
    • Exterior features: Balcony, Enclosed Porch, Porch
    • Pool features: None
    Lot
    • Size: 2,079 Square Feet
    • Dimensions: 27 x 77
    • Features: City Lot, Rectangular Lot
    Details
    • Parcel number: 38W101607
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex, Multi Family, Multi Family
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    • Roof: Asphalt,Shingle
    Condition
    • Very Good Condition
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: New Orleans

    Financial & listing details

    • Tax assessed value: $523,200
    • Annual tax amount: $6,906
    • Date on market: 5/24/2024
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    1/18/2026Listing removed$2,150$1/sqft
    Source: GSREIN #2530351 Report a problem
    1/3/2026Price change$2,150-2.3%$1/sqft
    Source: GSREIN #2530351 Report a problem
    11/12/2025Listed for rent$2,200+1.1%$1/sqft
    Source: GSREIN #2530351 Report a problem
    1/25/2025Listing removed$2,175$1/sqft
    Source: GSREIN #2478457 Report a problem
    12/21/2024Price change$2,175-1.1%$1/sqft
    Source: GSREIN #2478457 Report a problem
    12/6/2024Listed for rent$2,200$1/sqft
    Source: GSREIN #2478457 Report a problem
    11/1/2024Sold--
    Source: GSREIN #2448359 Report a problem
    10/6/2024Pending sale$665,000$214/sqft
    Source: GSREIN #2448359 Report a problem
    9/18/2024Price change$665,000-4.3%$214/sqft
    Source: GSREIN #2448359 Report a problem
    5/24/2024Listed for sale$695,000-7.3%$223/sqft
    Source: GSREIN #2448359 Report a problem
    10/4/2022Listing removed--
    Source: GSREIN #2338605 Report a problem
    9/28/2022Price change$750,000-3.2%$241/sqft
    Source: GSREIN #2338605 Report a problem
    4/1/2022Listed for sale$775,000+95.7%$249/sqft
    Source: GSREIN #2338605 Report a problem
    5/30/2019Sold--
    Source: GSREIN #2165102 Report a problem
    5/30/2019Listed for sale$396,000$127/sqft
    Source: LATTER & BLUM INC/REALTORS #2165102 Report a problem
    5/30/2019Pending sale$396,000$127/sqft
    Source: LATTER & BLUM INC/REALTORS #2165102 Report a problem
    2/15/2019Pending sale$396,000$127/sqft
    Source: LATTER & BLUM INC/REALTORS #2165102 Report a problem
    1/29/2019Price change$396,000-1%$127/sqft
    Source: LATTER & BLUM INC/REALTORS #2165102 Report a problem
    1/11/2019Price change$400,000-11.1%$128/sqft
    Source: LATTER & BLUM INC/REALTORS #2165102 Report a problem
    10/10/2018Price change$449,999-9.1%$145/sqft
    Source: LATTER & BLUM INC/REALTORS #2165102 Report a problem
    8/24/2018Price change$495,000-5.7%$159/sqft
    Source: LATTER & BLUM INC/REALTORS #2165102 Report a problem
    6/15/2018Listed for sale$525,000$169/sqft
    Source: Prestige Properties of Louisiana, LLC #2160533 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$6,906 $52,320
    2025$6,906 -1.5%$52,320
    2024$7,010 -6.2%$52,320 +2%
    2023$7,472 +8.4%$51,280 +4.7%
    2022$6,892 -6.6%$48,980 -4.5%
    2021$7,382 $51,280
    2020-- $51,280 +9.4%
    2019$7,080 $46,860
    2018$7,080 $46,860 +15.8%
    2017$7,080 -1.9%$40,460
    2016$7,220 +17.6%$40,460
    2015$6,141 $40,460
    2014$6,141 +2.1%$40,460
    2013$6,015 $40,460 -10%
    2012-- $44,960
    2011-- $44,960
    Find assessor info on the county website

    Neighborhood: Marigny

    Nearby schools

    GreatSchools rating