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2500-2522 Freret St, New Orleans, LA, 70113

24beds
12baths
9,694sqft
$1,750,000
$181price/sqft
$13,255/moest. monthly cost
$530,200/yrincome needed

About This Home

Currently 100% leased This multifamily portfolio located in the heart of New Orleans’ This rare offering includes six (6) multifamily buildings, recently renovated structures featuring updated interiors, modern systems, and attractive curb appeal.

Getting Around

82
WalkingVery Walkable
67
TransitGood Transit
80
BikeVery Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 1905

Materials

  • Foundation: Raised
  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 12
  • Full bathrooms: 12

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 9,694 sqft

Property

Details

  • Parcel number: 2500freret
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.39 Acres
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 16999

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
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$2,436$29,232
Property Taxes $1,239$14,868
Electricity $732$8,795
Total$13,255$159,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$454,457/yr
40% on housing$397,650/yr
45% on housing$353,466/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

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.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 70113$169
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70113$173
Orleans Parish$199

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

DateEventPrice
2026-06-09Listed for sale$1,750,000

For Sale by Agent

AgentRichard Juge
BrokerageRE/MAX Commercial Brokers, Inc.

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