4011 Saint Claude Ave, New Orleans, LA, 70117
About This Home
Unlock the potential to create a high-demand income-producing property in one of New Orleans' fastest-evolving neighborhoods. Located along the vibrant Historic St. Claude Avenue corridor, this unique property offers an exceptional opportunity for investors, developers, or owner-occupants looking to convert the existing commercial layout into a spacious double or multi-family residence (subject to zoning, approvals, and permitting). The current owner has historically generated approximately $3,500 per month by leasing the spaces separately. Imagine designing two distinctive units that capture the character and energy of the surrounding Marigny, Bywater, and Tremé neighborhoods— for long-term rentals, multigenerational living, or an owner-occupied investment with rental income helping offset your mortgage. The property's generous footprint and prominent corner presence provide flexibility for a thoughtful redevelopment while preserving the artistic character that makes this corridor so desirable. A striking original mural of Mardi Gras Indian Queen Tahj serves as a memorable landmark, adding authentic New Orleans character that sets the property apart. Located just minutes from the French Quarter, Frenchmen Street, Crescent Park, and an ever-growing collection of acclaimed restaurants, cafés, galleries, and neighborhood businesses, this location continues to attract residents seeking an urban lifestyle with historic charm. Whether you're an experienced investor looking to maximize value through a residential conversion or a buyer searching for a live-in investment opportunity, this property offers the chance to create something truly special in one of New Orleans' vibrant and culturally rich neighborhoods. Bring your vision and explore the possibilities of transforming this distinctive property into a beautiful income-producing double or multi-family residence. Opportunities to reimagine properties in this sought-after corridor are increasingly rare. Buyer should verify zoning, permitted uses, and all conversion requirements with the City of New Orleans. Owner is a licensed Realtor with the Louisiana Real Estate Commission.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Property condition: Average Condition
- Year built: 1937
Materials
- Foundation: Raised,Slab
- Roof: Asphalt,Shingle
- Construction materials: Block,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Duplex,Multi Family,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 1/2 bathrooms: 2
Heating & Cooling
- Heating features: Central,Window Unit
- Cooling features: Central Air,Window Unit(s)
Interior Area
- Total interior livable area: 1,858 sqft
Property
Details
- Parcel number: 4011STCLAUDEAV
- Special condition: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 3,393 sqft
- Features: City Lot,Rectangular Lot
- Lot size dimensions: 29 x 117
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,511 | $18,132 |
| Home Insurance * | $464 | $5,568 |
| Property Taxes | $211 | $2,532 |
| Electricity | $147 | $1,773 |
| Total | $2,333 | $27,996 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Listed for sale | $299,000 |
| 2024-06-13 | Listing removed | -- |
| 2024-06-08 | Listed for rent | $1,100 |
| 2021-03-24 | Listing removed | -- |
| 2017-10-01 | Listing removed | $1,800 |
| 2017-08-24 | Listed for rent | $1,800 |
| 2017-06-06 | Listing removed | $319,000 |
| 2017-06-02 | Price change | $319,000 |
| 2017-04-26 | Listed for sale | $325,000 |
| 2017-03-10 | Listing removed | $255,000 |
| 2016-11-07 | Price change | $274,000 |
| 2016-10-31 | Price change | $279,000 |
| 2016-10-10 | Price change | $289,000 |
| 2016-08-19 | Price change | $315,000 |
| 2016-07-14 | Price change | $329,000 |
| 2016-05-21 | Listed for sale | $349,000 |
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