Listing Office: McEnery Residential, LLC
Description
Positioned along the iconic Esplanade Avenue corridor, 2232 Esplanade Avenue presents a
rare opportunity to acquire a historic multi-family redevelopment in one of New Orleans’ most
desirable neighborhoods. The property consists of five residential units with separately
metered utilities, offering flexibility in future leasing and operations. Rich in architectural
character and located within a historic district, the asset is ideally suited for a comprehensive
restoration that can capitalize on available state and federal historic tax credit programs.
In addition to the existing improvements, the offering includes an adjacent lot that provides
the ability to construct up to two additional units—further enhancing the property’s income
potential and long-term upside. Situated just minutes from the French Quarter, Bayou St.
John, and City Park, the location benefits from strong rental demand driven by its walkability,
charm, and proximity to key cultural and recreational amenities. 2232 Esplanade Avenue
represents a compelling value-add opportunity for investors and developers seeking to
execute a transformative project in a premier New Orleans submarket.
Location
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