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1411 Terpsichore Street

New Orleans, LA 70130
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Bed 7

Bed

Bath 8

Bath

SqFt4,990

Sqft

Fully leased at $7,650 a month ($91,800 a year, a 9.7 gross rent multiple), this circa-1850 Greek Revival 4-plex anchors the edge of Coliseum Square, one block from the St. Charles Avenue streetcar. Step inside & the pedigree shows: soaring ceilings, heart-pine floors, exposed beams, cypress millwork, original transom windows & elegant medallions overhead. Four townhome-style residences — two 1,500 sq ft 2BR/1.5BA, a 1,073 sq ft 1BR/2BA & a 995 sq ft 2BR/2BA — each with a private entrance, outdoor space & in-unit laundry, totaling 4,990 sq ft & seven bedrooms. Two already have new kitchens with quartz counters, contemporary cabinetry & ss appliances; the other two leave value-add upside on the table. Relax in the rear courtyard, a quiet retreat tucked behind the building & a draw for long- term tenants. Separate electric meters, a 36 x 128 lot & Flood Zone X, a real edge on insurance in this market. Owner-occupants, take note: live in one of the 1,500 sq ft homes & let the other three cover $5,250 of the monthly payment. Ask for the full lease schedule & a lender-quoted buydown scenario. Magazine Street dining & shopping are a short walk, with Tulane & Loyola a quick ride uptown. Proven cash flow with a Lower Garden District address — ready when you are.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $889,000

AD Id : 91641979

MLS Id : 2578980

Beds : 7

Living Area Size : 4,990 Sq. Ft

Year Built : 1850

County : Orleans

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Full Baths: 6 Half Baths: 2

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
    Laundry Features: InUnit
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Ductless, WindowUnit, WallFurnace Has Cooling: Yes Cooling: CentralAir, Ductless, WallUnits, WindowUnits

  • Building Information

    Year Built: 1850
    Construction Materials: WoodSiding
    Stories: 2
    Patio And Porch Features: Balcony, Porch
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: Balcony, Courtyard, Porch

  • Lot Information

    Lot Dimensions: 36 x 128 Lot Description: CityLot,RectangularLot

  • Listing Price Information

    Listing Price: $889000

  • Tax Information

    Parcel Number: 101105512 Tax Lot: 9 Tax Legal Desc: 1. SQ 193 LOT 9 TERPSICHORE ST 2. 36X128 3. 1411 TERPISCHORE ST

  • Location Information

    Direction: https://www.google.com/maps/place/1411+Terpsichore+St,+New+Orleans,+LA+70130/@29.9374214,-90.0763461,16z/data=!3m1!4b1!4m6!3m5!1s0x8620a6786946dfa5:0x3363117317a3caa!8m2!3d29.9374214!4d-90.0737712!16s%2Fg%2F11x6rfpslm?entry=ttu&g_ep=EgoyMDI1MTAxNC4wIKXMDS WaterSource: Public
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Nearby Home Value

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456 58 Jackson Avenue, New Orleans, LA, 70130 $379,316 4 2 1,170 0.05 Acre
452 54 Jackson Avenue, New Orleans, LA, 70130 $337,559 4 2 1,170 0.49 Acre
1204 06 St. Andrew Street, New Orleans, LA, 70130 $750,000 8 4 4,145 0.07 Acre
2701 05 St Thomas Street, New Orleans, LA, 70130 $539,000 4 3 1,749 --
1815 17 Carondelet Street, New Orleans, LA, 70130 $549,000 5 4 3,190 --
1508 Robert C. Blakes D.., New Orleans, LA, 70130 $599,000 4 4 3,257 --
1022-24 Philip Street, New Orleans, LA, 70130 $1,100,000 5 5 3,033 --
525 Conti Street, New Orleans, LA, 70130 $1,399,000 8 4 3,582 0.03 Acre

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/05/2026 @ 22:42

MLS: 2578980 LISTED BY: Lara Schultz, REVE, REALTORS 504-300-0700 SOURCE: NOMAR

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