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940 Louisiana Ave, New Orleans, LA 70115

4beds

2,750sqft

Single Family Residence

Built in 1945

2,912 Square Feet Lot

$427,000 Zestimate^®

$--/sqft

$5,012 Estimated rent

Home value

$427,000

$406,000 - $448,000

$5,012/mo

Zestimate^® history

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What's special

Tremendous renovation opportunity located just one block to one of the best stretches of Magazine St! Prime corner location, this charming former corner store has endless possibilities! Currently used as a tri-plex but can be converted to a stunning single-family home with income or keep as an investment property. Property is being sold as is with no repairs by the seller.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Ductless, Window Unit, Wall Furnace

Cooling

Ductless, Wall Unit(s), Window Unit(s)

Features

Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 3,250
Total interior livable area: 2,750 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2

Lot

Size: 2,912 Square Feet
Dimensions: 32 x 91
Features: Corner Lot, City Lot

Details

Parcel number: 1
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Victorian
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Raised, Slab
Roof: Shingle

Condition

Average Condition
Year built: 1945

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: New Orleans

Financial & listing details

Tax assessed value: $413,700
Annual tax amount: $5,460
Date on market: 7/30/2025

Price history

Date	Event	Price
6/30/2026	Sold	--
Source: GSREIN #2514418 Report a problem
3/3/2026	Contingent	$450,000$164/sqft
Source: GSREIN #2514416 Report a problem
7/30/2025	Listed for sale	$450,000-10%$164/sqft
Source: GSREIN #2514416 Report a problem
4/21/2025	Listing removed	$500,000$182/sqft
Source: GSREIN #2442327 Report a problem
4/5/2024	Listed for sale	$500,000$182/sqft
Source: GSREIN #2442327 Report a problem
4/1/2024	Listing removed	--
Source: GSREIN #2402873 Report a problem
7/11/2023	Listed for sale	$500,000$182/sqft
Source: GSREIN #2402873 Report a problem
5/27/2005	Sold	--
Source: Public Record Report a problem
12/29/2003	Sold	--
Source: Public Record Report a problem
5/29/2003	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$5,460	$41,370
2025	$5,460 -1.5%	$41,370
2024	$5,543 +2.4%	$41,370 +7.6%
2023	$5,412 +4.2%	$38,460 +4.2%
2022	$5,192 -8.1%	$36,900 -4.1%
2021	$5,653 +42.1%	$38,460 +45.4%
2020	$3,977 -0.5%	$26,450
2019	$3,996	$26,450
2018	--	$26,450
2017	--	$26,450 -6.7%
2016	$4,075 +25.7%	$28,350
2015	$3,243	$28,350
2014	$3,243 -23.1%	$28,350
2013	$4,215	$28,350 -10%
2012	--	$31,500
2011	--	$31,500
2010	--	$31,500
2009	--	$31,500
2007	--	$31,500 +30.2%
2006	--	$24,200