Reduced! Motivated Seller!
3037 Royal Street presents a unique opportunity with 4 apartment units and over 10,000 square feet of office space available for sale. All apartments are currently leased, and all have been recently renovated. The rear commercial space is partially owner-occupied but will be delivered vacant at act of sale. It currently features 14 private office spaces, a large boardroom, a full kitchen area, commercial laundry facilities, approximately 800 square feet of double-height warehouse space, and several larger open office areas.
With tax credits available for renovation, this fully sprinklered property is ideal for an office user seeking space with additional income from the apartments, or an investor looking for stable returns in a prime location from a long term lease or from coworking space. The RDO-1 overlay permits a variety of commercial uses, including office, retail, restaurant, gallery, and medical. Located close to Bywater favorites like Petite Clouet, Bywater Brew Pub, BABS, Satsuma, Pizza Delicious, and many more.
Closed
Price Unknown
3037 Royal St, New Orleans, LA 70117
7beds
12,500sqft
Multi Family, Apartment
Built in 1920
-- sqft lot
$1,111,400 Zestimate®
$--/sqft
$-- Estimated rent
Home value
$1,111,400
$967,000 - $1.28M
Not available
Zestimate® history
Owner options
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List your homeWhat's special
Commercial laundry facilitiesPrivate office spacesDouble-height warehouse spaceLarge boardroomFull kitchen areaOpen office areas
Zillow last checked:
Listing updated:
Listed by:
Aaron Kazanoff 504-301-1002,
Ben & Burka
Bought with:
Maurice Guillot
Maurice Guillot Properties
Source: GSREIN,MLS#: 2446879
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 11
- Full bathrooms: 4
- 1/2 bathrooms: 7
Heating
- Central
Cooling
- Central Air
Interior area
- Total interior livable area: 12,500 sqft
Property
Parking
- Parking features: Driveway, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessibility Features
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,314 Square Feet
- Dimensions: 46 x 159
- Features: City Lot, Rectangular Lot
Details
- Parcel number: 41062151
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Block
- Foundation: Raised
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Tax assessed value: $1,018,800
- Annual tax amount: $17,226
- Date on market: 5/6/2024
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Sold | -- |
Source: | ||
| 9/5/2024 | Price change | $1,295,000-4.1%$104/sqft |
Source: | ||
| 6/20/2024 | Price change | $1,350,000-6.9%$108/sqft |
Source: | ||
| 5/6/2024 | Listed for sale | $1,450,000+20.8%$116/sqft |
Source: | ||
| 6/14/2022 | Sold | -- |
Source: | ||
| 4/1/2022 | Pending sale | $1,200,000$96/sqft |
Source: | ||
| 1/13/2022 | Listed for sale | $1,200,000$96/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $17,226 +60.3% | $130,510 +60.3% |
| 2025 | $10,744 -1.5% | $81,400 |
| 2024 | $10,907 -3.6% | $81,400 +4.9% |
| 2023 | $11,310 | $77,620 -19.1% |
| 2022 | -- | $96,000 +20.4% |
| 2021 | -- | $79,760 -28.8% |
| 2020 | -- | $112,090 |
| 2019 | -- | $112,090 |
| 2018 | -- | $112,090 |
| 2017 | -- | $112,090 |
| 2016 | -- | $112,090 +43.4% |
| 2015 | -- | $78,170 +46.5% |
| 2014 | -- | $53,370 +60.7% |
| 2010 | -- | $33,210 -6.6% |
| 2009 | -- | $35,570 |
| 2007 | -- | $35,570 |
Find assessor info on the county website
Neighborhood: Bywater
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Nearby schools
GreatSchools rating
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 2 mi
- NAWarren Easton Senior High SchoolGrades: 9-12Distance: 2.7 mi
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 5 mi
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Estimated market value
$1,111,400
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
$1,111,400
- Louisiana
- Orleans Parish
- New Orleans
- 70117
- Bywater
- 3037 Royal St