NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.
Active
$999,000
728 Desire St, New Orleans, LA 70117
6beds
4,480sqft
Multi Family, Apartment
Built in 2019
-- sqft lot
$-- Zestimate®
$223/sqft
$-- HOA
What's special
- 503 days |
- 85 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Phillipa Bowers 504-884-3893,
REVE, REALTORS 504-300-0700
Source: GSREIN,MLS#: 2488071
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Unit
Interior area
- Total interior livable area: 4,480 sqft
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Three or more Spaces
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,398 Square Feet
- Dimensions: 70 x 120
- Features: City Lot, Oversized Lot
Details
- Parcel number: 39W107816
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Excellent
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Insulation
Community & HOA
Community
- Security: Closed Circuit Camera(s)
- Subdivision: Bywater
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $835,000
- Annual tax amount: $11,021
- Date on market: 3/1/2025
- Tenant pays: Electricity, Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Price change | $999,000-2.5%$223/sqft |
Source:  GSREIN #2488071 Report a problem | ||
| 7/28/2025 | Price change | $1,025,000-8.9%$229/sqft |
Source: GSREIN #2488071 Report a problem | ||
| 3/2/2025 | Listed for sale | $1,125,000$251/sqft |
Source: GSREIN #2488071 Report a problem | ||
| 2/21/2025 | Listing removed | $1,125,000$251/sqft |
Source: GSREIN #2434988 Report a problem | ||
| 7/12/2024 | Price change | $1,125,000-8%$251/sqft |
Source: GSREIN #2434988 Report a problem | ||
| 2/21/2024 | Listed for sale | $1,223,000$273/sqft |
Source: GSREIN #2434988 Report a problem | ||
| 2/3/2024 | Listing removed | -- |
Source: GSREIN #2380392 Report a problem | ||
| 10/28/2023 | Listing removed | $1,223,000-0.2%$273/sqft |
Source: GSREIN #2380392 Report a problem | ||
| 2/10/2023 | Listed for sale | $1,225,000$273/sqft |
Source: GSREIN #2380392 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $11,021 | $83,500 |
| 2025 | $11,021 -1.5% | $83,500 |
| 2024 | $11,188 -5.1% | $83,500 +3.2% |
| 2023 | $11,788 | $80,900 +4.1% |
| 2022 | -- | $77,700 -4% |
| 2021 | $11,646 | $80,900 |
| 2020 | -- | $80,900 +126% |
| 2019 | $5,409 | $35,800 |
| 2018 | $5,409 | $35,800 |
| 2017 | $5,409 -1.9% | $35,800 |
| 2016 | $5,516 +1.5% | $35,800 |
| 2015 | $5,434 | $35,800 |
| 2014 | $5,434 +2.1% | $35,800 +244.2% |
| 2013 | $5,322 | $10,400 |
| 2010 | -- | $10,400 -3% |
| 2009 | -- | $10,720 |
| 2007 | -- | $10,720 |
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: Bywater
Nearby schools
GreatSchools rating
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 2.2 mi
- 3/10The Delores Taylor Arthur School for Young MenGrades: 8-12Distance: 2.8 mi
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 5.2 mi
- $---- bd-- ba-- sqft728 Desire St #A, New Orleans, LA 70117Off Market
- $---- bd-- ba-- sqft728 Desire St #C, New Orleans, LA 70117Off Market
- $--1 bd1 ba750 sqft728 Desire St #B, New Orleans, LA 70117Off Market
- $---- bd-- ba-- sqft728 Desire St #D, New Orleans, LA 70117Off Market
- $--2 bd2 ba850 sqft728 Desire St #F, New Orleans, LA 70117Off Market
- $449,6004 bd2 ba1.7k sqft724 Desire St, New Orleans, LA 70117Off Market
- $417,9002 bd2 ba1.2k sqft736 Desire St, New Orleans, LA 70117Off Market
- $511,600-- bd-- ba-- sqft3350 Dauphine St, New Orleans, LA 70117Off 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.
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