1127 Decatur Street New Orleans, LA 70116
Listing Courtesy of: GULF SOUTH / Listed By: Douglas Adams, Crescent Sotheby's International Realty

  1127 Decatur Street New Orleans, LA 70116

Active (46 Days)
$1,275,000 (USD)
4
BED
5
BATH
5,058
SQFT

Description

There are properties you buy — and then there are properties that choose you. This four-story mixed-use building, zoned Vieux Carré Commercial (VCC), sits at one of the most coveted addresses in America, offering four income streams, extraordinary original architecture, and significant upside potential upon renovation.

Steps from the French Market, the Mississippi River, the New Orleans Jazz Museum, and the newly opened Goldring Woldenberg Riverfront Park — creating nearly 2¼ miles of continuous riverfront access. Thousands of visitors walk this block of Decatur Street daily.

GROUND FLOOR — A retail tenant in place with a 10-year lease, generating income from day one. Classic French Quarter storefront with original display windows and exceptional street presence.

SECOND FLOOR — A one-bedroom apartment with wide-plank hardwood floors, ornate original millwork, full kitchen and bath, and French doors opening onto a gallery overlooking Decatur Street.

THIRD FLOOR — An expansive signature space boasting two fireplaces, rich architectural details, and a private balcony with sweeping views over the Quarter. A premium rental or owner’s residence in the making.

FOURTH FLOOR — A finished attic-level studio with stained glass skylights, an oversized cast-iron soaking tub, and a magnificent marble sink. A space that rewards imagination.

REAR COURTYARD & DEPENDENCY — A laid-brick private courtyard leads to a two-story dependency producing rental income for over 20 years, featuring a one-bedroom layout with an original two-sided fireplace.

Proven revenue streams. A 10-year retail lease. A globally recognized location. Original brick, iron, timber, and marble that cannot be reproduced at any price. For the investor prepared to renovate, this property offers a generational return in one of America’s most enduring real estate markets.

MLS #:
2555851
Lot Size
3,485 SQFT
Type
Multifamily
Year Built
1830
County
Orleans Parish

Listed By

Douglas Adams, Crescent Sotheby's International Realty
Source
GULF SOUTH
Last checked Jun 17 2026 at 11:38 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Lot Information
  • City Lot
  • Rectangular Lot
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Exterior Features
  • Roof: Slate
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Off Street
Stories
  • 4
Living Area
  • 5,058 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Crescent Sotheby's International Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Gulf South Real Estate Information Network. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/17/26 04:38