Multifamily Housing - For Sale
926 Chartres Street New Orleans, LA 70116
Details & Description
Price: $6,600,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.292
  • Building Sq Ft 20,412
  • Building Price per Sq Ft $323.34
  • Land Sq Ft 12,741
  • Land Price per Sq Ft $518.01
An extraordinary French Quarter opportunity! The original row of five circa 1860 two-story buildings at 930-40 Chartres Street is combined with the adjacent circa 1835 two-story building at 926-28 Chartres Street to form a French Quarter developer’s dream.The first floor is now comprised entirely of garage parking for up to 37 cars. The second floor of 926-28 Chartres has two newly renovated apartments of 1,260 SF and 1,361 SF (includes 3rd floor dormer area). The second floor of 930-40 Chartres St. has an expansive 4,150 SF owner’s unit and a separate 1,192 SF rental apartment with an 1,180 SF outside patio. The buildings are wrapped by magnificent covered galleries with stunning views of the Vieux CarréExisting plans have also been drafted by Williams Architects to add two additional residential apartments of 993 SF and 945 SF with an outdoor patio above the rear of the first floor parking garage at 926-28 Chartres Street. There is also an expansive existing roof deck above the 930-938 portion of the complex.The entire property is in excellent condition. Complete renovations have just been finished to the apartments at 926-28 Chartres Street,with a new roof and new 1400 lb passenger elevator serving those units having just been installed as well.
Additional Photos
Listing Agents
Rich Stone

O: 504-525-1311
M: 504-569-9319
rstone@latterblum.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

926 Chartres Street

New Orleans, LA 70116

Listing ID: 234951
$6,600,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.292
  • Building Sq Ft 20,412
  • Building Price per Sq Ft $323.34
  • Land Sq Ft 12,741
  • Land Price per Sq Ft $518.01
  • 926 Chartres Street New Orleans, LA 70116 | for Sale | Photo 1
  • 926 Chartres Street New Orleans, LA 70116 | for Sale | Photo 2
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Description

An extraordinary French Quarter opportunity! The original row of five circa 1860 two-story buildings at 930-40 Chartres Street is combined with the adjacent circa 1835 two-story building at 926-28 Chartres Street to form a French Quarter developer’s dream.

The first floor is now comprised entirely of garage parking for up to 37 cars. The second floor of 926-28 Chartres has two newly renovated apartments of 1,260 SF and 1,361 SF (includes 3rd floor dormer area). The second floor of 930-40 Chartres St. has an expansive 4,150 SF owner’s unit and a separate 1,192 SF rental apartment with an 1,180 SF outside patio. The buildings are wrapped by magnificent covered galleries with stunning views of the Vieux Carré

Existing plans have also been drafted by Williams Architects to add two additional residential apartments of 993 SF and 945 SF with an outdoor patio above the rear of the first floor parking garage at 926-28 Chartres Street. There is also an expansive existing roof deck above the 930-938 portion of the complex.

The entire property is in excellent condition. Complete renovations have just been finished to the apartments at 926-28 Chartres Street,with a new roof and new 1400 lb passenger elevator serving those units having just been installed as well.

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New Orleans Area Market Trends

Listing Demographics for 926 Chartres Street New Orleans, LA 70116

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population20,631171,523377,986
Population Median Age454039
Population by Age0-9 Yrs1320 (6%)16592 (9%)42153 (11%)
10-19 Yrs935 (4%)15420 (8%)38346 (10%)
20-29 Yrs2531 (12%)27352 (15%)58016 (15%)
30-39 Yrs4133 (20%)31745 (18%)64200 (16%)
40-49 Yrs2740 (13%)20695 (12%)45708 (12%)
50-59 Yrs3087 (14%)22536 (13%)49441 (13%)
60-69 Yrs3133 (15%)21726 (12%)44618 (11%)
70+ Yrs2753 (13%)15458 (9%)35505 (9%)
Median HH Income$51,881$37,115$44,229
Total Household Income< 24K2813 (25%)27809 (37%)48966 (31%)
25-49K2653 (23%)16954 (22%)34278 (22%)
50-74K1585 (14%)10170 (13%)22327 (14%)
75-99K1229 (10%)5993 (8%)14649 (9%)
100-199K1990 (17%)9212 (12%)22721 (14%)
200K+955 (8%)3657 (4%)10194 (6%)
Highest Education LevelNo Diploma16022085238010
Diploma or GED30603067762282
Some College33442618456031
Assoc. Degree771582412915
Bachelors Degree53292719659318
Higher Degree36401853444371
Total Housing Units18,06699,382191,646
--Owner-Occupied4,88129,32873,662
--Renter-Occupied6,34544,46779,472
Owner-Occupied Values< 100K27636077966
100-199K571810222036
200-299K868606414977
300-399K100443479596
400-499K81227906067
500K+1350441813020
Total Working Age Population18,827145,887313,654
In Work Force12,80188,932196,336
Not In Work Force6,02656,955117,318
Workforce Employed11,85080,505180,951
Workforce Unemployed9088,00514,637
Civlian Workforce12,75888,510195,588
Military Workforce42421748
Total Households11,22673,795153,134
Family Households3,48029,03771,619
Non-Family Households7,74544,75881,515
Married Couple2,53515,52943,246
Other Family94613,50928,373
Married w/Child5004,13314,571
Single Male w/Child399162,424
Single Female w/Child3395,23311,078

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Louisiana4,468,976+14,533,372+14,588,310+54,813,420
Jefferson Parish455,466-5432,552+4450,200+1454,670
Lafourche Parish89,974+796,318095,990095,990
Orleans Parish484,674-29343,829-26255,4400256,010
Plaquemines Parish26,757-1423,042+1225,770+1329,130
St. Bernard Parish67,229-4735,897-3822,210+122,480

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Multifamily Housing Listings for Sale Nearby
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926 Chartres Street, New Orleans, LA $6,600,000 12741 -
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216 Chartres Street, New Orleans, LA $3,950,000 14615 0.34
121 Royal Street, New Orleans, LA $7,250,000 5000 0.16
1367 Annette Street, New Orleans, LA $318,000 1876 0.09
930 Melpomene Street, New Orleans, LA $769,000 2443 0.1
2500 Freret Street, New Orleans, LA $2,500,000 14679 -
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4425 Loyola Avenue, New Orleans, LA $625,000 3096 -
Closest Commercial Airports
Airport Distance (mi)
Louis Armstrong New Orleans International Airport (MSY) 12
Gulfport Biloxi International Airport (GPT) 67
Lafayette Regional Airport (LFT) 116
Listing Agent
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