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    3037 Royal St, New Orleans, LA 70117

    7beds
    12,500sqft
    Multi Family, Apartment
    Built in 1920
    -- sqft lot
    $1,094,500 Zestimate®
    $--/sqft
    $1,715 Estimated rent

    Home value

    $1,094,500

    $963,000 - $1.24M

    $1,715/mo

    Zestimate® history
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    What's special

    Commercial laundry facilitiesPrivate office spacesDouble-height warehouse spaceLarge boardroomFull kitchen areaOpen office areas
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Kazanoff 504-301-1002,

    Ben & Burka

    Bought with:

    Maurice Guillot

    Maurice Guillot Properties

    Source: GSREIN,MLS#: 2446879MLS Logo

    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

    DateEventPrice
    7/7/2025Sold--
    Source: GSREIN #2446879 Report a problem
    9/5/2024Price change$1,295,000-4.1%$104/sqft
    Source: GSREIN #2446879 Report a problem
    6/20/2024Price change$1,350,000-6.9%$108/sqft
    Source: GSREIN #2446879 Report a problem
    5/6/2024Listed for sale$1,450,000+20.8%$116/sqft
    Source: GSREIN #2446879 Report a problem
    6/14/2022Sold--
    Source: GSREIN #2300394 Report a problem
    4/1/2022Pending sale$1,200,000$96/sqft
    Source: GSREIN #2300394 Report a problem
    1/13/2022Listed for sale$1,200,000$96/sqft
    Source: GSREIN #2300394 Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating