CALLING ALL INVESTORS! THIS IMPRESSIVE SEVEN-UNIT CASH COW OFFERS A BLEND OF CHARACTER, COMFORT, AND CONVENIENCE. FEATURING RICH HARDWOOD FLOORS, LOFTY CEILINGS, AND A PRIVATE BACKYARD, THE PROPERTY IS FLOODED WITH NATURAL LIGHT AND WAS FULLY RENOVATED EIGHT YEARS AGO, WITH ADDITIONAL UPGRADES COMPLETED SINCE. BOHEMIAN AND YET MODERN, THE LOWER LEVEL INCLUDES FOUR STUDIO UNITS, WHILE THE UPPER FLOOR OFFERS TWO ONE-BEDROOM APARTMENTS AND A SPACIOUS THREE-BEDROOM UNIT, COMPLETE WITH DUAL BALCONIES. PERFECT FOR MID-TERM OR LONG TERM RENTALS, YOUR TENANTS CAN ENJOY SCENIC DOWNTOWN VIEWS, A GENEROUS FRONT PORCH, EXPANSIVE WINDOWS IN SELECT UNITS, AND THE ADDED CONVENIENCE OF ON-SITE LAUNDRY. DON'T MISS YOUR CHANCE TO OWN THIS EXCEPTIONAL, INCOME-GENERATING GEM! 10.6% IN-PLACE CAP RATE WITH A ~7.9% CONSERVATIVE UNDERWRITTEN CAP, OFFERING STRONG CASH FLOW, DOWNSIDE PROTECTION, AND FINANCING FLEXIBILITY.
Calling all investors! This impressive seven-unit CASH COW offers a blend of character, comfort, and convenience. Featuring rich hardwood floors, lofty ceilings, and a private backyard, the property is flooded with natural light and was fully renovated eight years ago, with additional upgrades completed since. Bohemian and yet modern, the lower level includes four studio units, while the upper floor offers two one-bedroom apartments and a spacious three-bedroom unit, complete with dual balconies. Perfect for mid-term or long term rentals, your tenants can enjoy scenic downtown views, a generous front porch, expansive windows in select units, and the added convenience of on-site laundry. Don’t miss your chance to own this exceptional, income-generating gem! 10.6% in-place cap rate with a ~7.9% conservative underwritten cap, offering strong cash flow, downside protection, and financing flexibility.
AcadianaMLS #NO2501837
Apr 6, 2026
Sold
$760,000
$169/sq ft
Feb 9, 2026
Pending
—
Jan 21, 2026
Price Changed
$760,000
$169/sq ft
Nov 23, 2025
Price Changed
$775,000
$173/sq ft
Nov 1, 2025
Price Changed
$799,000
$178/sq ft
Oct 22, 2025
Price Changed
$800,000
$178/sq ft
Sep 28, 2025
Price Changed
$825,000
$184/sq ft
May 14, 2025
Listed
$850,000
$189/sq ft
Public Records
Mar 19, 2024
Sold
$815,000
$182/sq ft
GSREIN #2275661
Feb 22, 2021
Sold
$600,000
$134/sq ft
Nov 30, 2020
Pending
—
Nov 11, 2020
Listed
$640,000
$143/sq ft
+34
Beautiful 5-plex in historic two story building, which had a total renovation five years ago. Bottom floor is has two large 1 bedroom/1 bath units, and the second floor has two studio apartments w/ floor to ceiling windows opening onto front balcony w/ a downtown view, plus a 3 BR apartment with balconies on both sides of building. Zoned HU-RMI Multi-Family Residential District.
AcadianaMLS #NO2275661
Nov 11, 2020
Listed
$640,000
$143/sq ft
GSREIN #959162
May 15, 2013
Listed
$115,000
$26/sq ft
AcadianaMLS #NO959162
May 15, 2013
Listed
$115,000
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$7,368 (−0.4%)
$5,560 + $49,640
$55,200
2024
$7,396 (−8.7%)
$5,560 + $49,640
$55,200
2023
$8,104 (+9.6%)
$2,590 + $52,610
$55,200
2022
$7,397 (+62.6%)
$2,590 + $49,980
$52,570
2021
$4,550 (+549.3%)
$2,590 + $29,020
$31,610
2020
$701 (+25.0%)
$2,590 + $2,230
$4,820
2019
$560 (−1.9%)
$2,590 + $2,230
$4,820
2018
$572 (+4.9%)
$1,480 + $2,230
$3,710
2017
$545 (−61.8%)
$1,480 + $2,230
$3,710
2015
$1,427
$1,480 + $8,120
$9,600
2014
$1,428
$2,970 + $6,630
$9,600
Tax history for 1700 S Rampart St
Year
Property tax
Land + Additions
Assessment*
2026
$7,368 (−0.4%)
$5,560 + $49,640
$55,200
2024
$7,396 (−8.7%)
$5,560 + $49,640
$55,200
2023
$8,104 (+9.6%)
$2,590 + $52,610
$55,200
2022
$7,397 (+62.6%)
$2,590 + $49,980
$52,570
2021
$4,550 (+549.3%)
$2,590 + $29,020
$31,610
2020
$701 (+25.0%)
$2,590 + $2,230
$4,820
2019
$560 (−1.9%)
$2,590 + $2,230
$4,820
2018
$572 (+4.9%)
$1,480 + $2,230
$3,710
2017
$545 (−61.8%)
$1,480 + $2,230
$3,710
2015
$1,427
$1,480 + $8,120
$9,600
2014
$1,428
$2,970 + $6,630
$9,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3,707 Sq. Ft.
Year renovated
—
Sq. Ft.
5,024
Year built
1920
Style
Multi-Family (5+ Unit)
County
Orleans Parish
APN
101108401
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
HU-RM1
IZD - COMMERCIAL SHORT TERM RENTAL
EC OVERLAY
IZD - NON-COMMERCIAL STR SPECIAL EXCEPTION
IZD - BED AND BREAKFAST
Multi-Family Residential District
The HU-RM1 Multi-Family Residential District is intended to provide for low to medium residential densities appropriate for a variety of housing types such as single-family, two-family, townhouse and lower density multi-family dwellings. The district is intended to maintain a primarily residential environment with a variety of lower density dwelling types therefore the building height is limited to three Stories. Limited non-residential uses such as places of worship, historic neighborhood commercial establishments, and recreational facilities that are compatible with surrounding residential neighborhoods may be allowed.
Zone overlays
Commercial Short-Term Rental Interim Zoning District
EC Enhancement Corridor Design Overlay District
Bed and Breakfast Interim Zoning District
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Office
Park & open space
Property details
Interior
Heating & Cooling
Cooling: Central Air
Has Cooling
Heating: Central
Has Heating
Exterior
Exterior Features
Exterior Features: Balcony
Roof: Composition
Construction Materials: Other
Property Information
Number Of Units Total: 7
Location
Location Information
Directions: BOUNDING STREETS: EUTERPE ST, FELICITY ST, S SARATOGA ST
Public facts
Beds: —
Baths: —
Sq. Ft.: 5,024
Stories: —
Lot Size: 3,707 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Orleans Parish
APN: 101108401
Home facts updated by county records on Sep 8, 2026
Other
Listing Information
Photos Count: 23
Around this home
Schools
K - 12
Preschool & daycare
Benjamin Franklin Elementary Math And Science
Charter PreK-8 • Assigned • 2.3mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 22-32% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 108° expected this year, 19 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
New Orleans, LA • 70113
Average low and high temperatures (°F)
61
46
70
54
76
61
80
68
84
72
90
78
92
80
91
79
89
77
81
69
75
62
66
52
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.