2614 Banks Street
New Orleans, LA 70119
5
Bed
2
Bath
1,627Sqft
0.05Acre(Lot)
Excellent Mid-City investment opportunity on a lovely, oak-lined stretch of Banks Street. Located two blocks from the thriving and expanding BioDistrict New Orleans, one block from the new Trader Joe’s, and minutes to Downtown and the French Quarter. This renovated 5-bedroom, 2.5-bath property is commercially zoned MU-1 and currently operates as a successful Commercial Short-Term Rental (CSTR), generating approximately $85,000 annually. An active, transferable CSTR permit is in place. Renovated three years ago, the home features new Hardie siding, recent foundation and pier work, durable and low maintenance vinyl plank flooring, and an inviting backyard complete with a hot tub and fire pit. Link to AirBnb listing: https://www.airbnb.com/rooms/1502298458211171176?viralityEntryPoint=1&s=76&
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 Full Baths: 2 Half Baths: 1Room Information
Rooms Total: 13Roofing Information
Shingle -
Interior Features
Ceiling Fan(s)Roof: ShingleAppliances: Dishwasher, Microwave, Oven, Range -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1926Building Area Total: 1746Construction Materials: HardiPlank TypeStories: 2Patio And Porch Features: Oversized, Wood, PatioPrivate Pool: No -
Exterior Features
Exterior Features: Patio
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Lot Information
Lot Dimensions: 22x100 Main Square Feet: 0.0526 Lot Size Acres: 0.0526 Lot Description: City Lot,Rectangular Lot
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Listing Price Information
Listing Price: $459999Original Price: $475000
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Tax Information
Parcel Number: 105202304 Tax Lot: A Tax Legal Desc: SQ 584 LOT A OR PT LOT 5 BANKS 22' X 100'
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Virtual Tour
Parking Information
Driveway, Off Street, One Space
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Location Information
WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1991 Law Street, New Orleans, LA, 70119 | $327,000 | 3 | 3 | 2,025 | 2,025 SqFt |
| 417 S Solomon Street, New Orleans, LA, 70119 | $274,900 | 2 | 2 | 1,292 | 1,292 SqFt |
| 2232 Esplanade Avenue, New Orleans, LA, 70119 | $849,000 | 2 | 2 | 4,245 | 4,245 SqFt |
| 4532-34 Orleans Avenue, New Orleans, LA, 70119 | $759,000 | 4 | 3 | 2,244 | 2,244 SqFt |
| 2204 A P Tureaud Avenue, New Orleans, LA, 70119 | $175,000 | 2 | 2 | 1,620 | 1,620 SqFt |
| 3219 Gibson Avenue, New Orleans, LA, 70119 | $210,000 | 3 | 2 | 1,485 | 1,485 SqFt |
| 328 S Cortez Street, New Orleans, LA, 70119 | $385,000 | 3 | 3 | 2,000 | 2,000 SqFt |
| 413 S Norman C Francis .., New Orleans, LA, 70119 | $549,000 | 3 | 3 | 1,840 | 1,840 SqFt |
| 124 Portage Place, New Orleans, LA, 70119 | $332,500 | 3 | 2 | 1,875 | 1,875 SqFt |
| 2921 Lepage Street, New Orleans, LA, 70119 | $799,000 | 5 | 4 | 3,056 | 3,056 SqFt |
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ByOwner last updated this listing 08/07/2026 @ 15:16
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