1228 Pine St, New Orleans, LA, 70118

About This Home

1228 Pine Street is the Uptown compound that checks every box—character, income potential, and easy living just minutes from Tulane, Loyola, Audubon Park, and the St. Charles streetcar. Set on a classic 44' × 120' lot with a deep front porch and a fenced backyard, the property blends early-20th-century charm (tall windows, original wood floors, plantation shutters) with practical upgrades like multiple central HVAC zones and off-street parking for 3 cars, all new underground drain plumbing, updated wiring and structurally sound. The main structure is a large single family home of 2,374-sf 4-bed/3-bath single. Behind the main residence, a separate guest cottage (751 sf) adds serious versatility for visitors, a studio, or additional rental revenue that averages around $24,000 a year. The front home is currently being rented for $6,000 a month ($72,000/yr) and the buyer inherits both rental agreements that expire May 30th, 2027. The "guest cottage" has been rented every month for the last 15 years and has generated about $350,000 for my bank account. Altogether you’re working with approximately 3,125 sf across five bedrooms and five baths. One fair way to comp this property is to apply fair comps to the front home which is around $1,000,000 and add the cost to build a small guest cottage, which would be around $350,000 with a sell value of $400,000....an investment property. The only academically good, “grades 1 -12”, free public school in all of New Orleans, Willow Elementary 1 block away and Willow High is a bike ride for the kids through campus. No commute or car pool line for 12 years = VALUE BABY! A lovely traditional home with many architectural details, highlighting that welcoming porch, abundant natural light and a landscaped yard and a home not even close to flooding in Katrina. Front screens built to be easily removed to show off those big columns and flair (see older last picture without screens) Rebuilt, solid, large, well ventilated shed can be home to your portable generator and you’ll never have to evacuate from any storm. Immediately surrounded by 5 single family homes and 1 college rental that was single family. What you’ll love day-to-day • Two-way win: keep large front home or live in guest cottage to pay entire mortgage —your choice. • Detached guest cottage for visitors, work, or rental—separate and private. • Off-street driveway parking and a fenced yard for easy living and pets. • Prime Uptown/Audubon location near universities, parks, cafés, and the streetcar. In short: a charismatic Uptown residence with genuine flexibility and multiple income/lifestyle plays—without sacrificing the porch-swing moments that make Pine Street special.