See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

818 Bourbon St, New Orleans, LA, 70116

13beds
10baths
6,214sqft
$2,995,000
$482price/sqft
$25,366/moest. monthly cost
$1,014,640/yrincome needed

About This Home

818 Bourbon Street offers a rare opportunity to acquire a luxury French Quarter condominium portfolio on the iconic 800 block of Bourbon Street. The property consists of eight legal condominium residences featuring modern interiors, updated kitchens and baths, in-unit washer/dryers, and a new slate roof. Unit mix includes courtyard-facing residences and the signature Unit 2A with a coveted second-floor Bourbon Street balcony. Approximately $1,000,000 has been invested in renovations and condominium conversion. Currently generating $16,000 per month in rental income, the property offers flexibility for owner-occupancy, investment hold, or future individual unit sales. Features include: • 7 legal condominium units • Shared courtyard • Bourbon Street balcony unit • In-unit washer/dryers • Contemporary kitchens • Luxury bath finishes • New slate roof Seller owns seven condominium units. Details available upon request.

Getting Around

99
WalkingWalker's Paradise
79
TransitExcellent Transit
98
BikeBiker's Paradise

Construction

Condition

  • Property condition: Excellent
  • Year built: 1837

Materials

  • Foundation: Other
  • Roof: Slate
  • Construction materials: Brick,Stucco

Type & Style

  • Home type: Condo
  • Architectural style: Creole,French Provincial
  • Property subType: Condominium,Multi Family,Apartment

Interior

Appliances

  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 10
  • Full bathrooms: 11

Heating & Cooling

  • Heating features: Central,Ductless,Wall Furnace
  • Cooling features: Central Air,Ductless,Wall Unit(s)

Interior Area

  • Total interior livable area: 6,214 sqft

Property

Details

  • Parcel number: 58
  • Special condition: None

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Balcony
  • Exterior features: Balcony,Courtyard

Lot

  • Lot size: 4,064 sqft
  • Features: City Lot
  • Lot size dimensions: 32 x 127

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
    HurricaneVery High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Hail
Heat Wave
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 $15,144$181,728
Home Insurance *$7,632$91,584
Property Taxes $2,121$25,452
Electricity $469$5,638
Total$25,366$304,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$869,691/yr
40% on housing$760,980/yr
45% on housing$676,426/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

$482This listing

vs Other Active Listings

Avg $/sqft

ZIP 70116$259
Orleans Parish$176

vs Homes Sold Last Month

Median $/sqft

ZIP 70116$211
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
2026-07-26Price change$2,995,000
2026-05-19Listed for sale$3,500,000
2022-09-09Sold--
2022-08-26Pending sale$1,450,000
2022-08-22Listed for sale$1,450,000
1993-06-03Sold--

For Sale by Agent

AgentWhitney Harrel
BrokerageHomesmart Realty South

Similar Homes