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Multi family home for sale at 728 Desire St, New Orleans, LA 70117 | MLS# 2488071 | Listing updated on 2026-10-22
Photo 1 of Multi family home for sale at 728 Desire St, New Orleans, LA 70117 | MLS# 2488071 | Listing updated on 2026-10-22
Photo 2 of Multi family home for sale at 728 Desire St, New Orleans, LA 70117 | MLS# 2488071 | Listing updated on 2026-10-22
Photo 3 of Multi family home for sale at 728 Desire St, New Orleans, LA 70117 | MLS# 2488071 | Listing updated on 2026-10-22
Photo 4 of Multi family home for sale at 728 Desire St, New Orleans, LA 70117 | MLS# 2488071 | Listing updated on 2026-10-22
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$999,000

Monthly Est:$4,972

  • Beds Icon6 Beds
  • Beds Icon
    8 Baths
  • Beds Icon4,480sqft

728 Desire St, New Orleans, LA 70117

$4,972/moEst:

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  • Multi Family

  • Built in 2019

  • $-- HOA

  • 0.19 acre lot

  • $223/sq.ft

Description

NEW REDUCED PRICE! Great opportunity to purchase a high occupancy multi-family apartment building in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building was gutted and completely renovated in 2019, is well maintained, and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation. May be sold as a package along with 3400 Dauphine, and 725-27 Desire which are also listed for sale.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 22, 2026 at 5:38 pm
  • Listing Provided by: Phillipa Bowers (504) 884-3893 DRE #995703036 | REVE, REALTORS (504) 300-0700
  • Source: Regional One Access Multiple Listing Service | MLS#: 2488071 Regional One Access Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Orleans County

  • City

    New Orleans

  • Neighborhood

    Bywater

  • Year Built

    2019

  • HOA Fees

    -

  • Finished Area

    4,480 sqft

  • Lot Size

    0.19 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Regional One Access Multiple Listing Service

  • MLS Number

    2488071

  • MLS Status

    Active

  • Days on Market

    612

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 8

Interior

  • Sewer

    Public Sewer

  • Heating

    Central

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 2019

  • Home type

    Multi Family

  • Foundation Details

    Slab

  • Construction Materials

    Brick

  • Architectural Style

    Other

Utilities & Energy

  • Security Features

    Closed Circuit Camera(s)

  • Utilities

    Natural Gas Not Available

  • Water Source

    Public

  • Laundry Features

    Electric Dryer Hookup, In Unit

  • Parking Features

    Off Street

Other Features

  • Tenant Pays

    Electricity, Gas

  • Subdivision Name

    Bywater

  • Disclosures

    Property As Is

Price History

DateEventPrice

11/29/2025

Source: mls_logoREALTOR® Association of Acadiana (Lafayette) MLS-LA #NO2488071

Off Market

$999,000

$223/sqft

08/14/2025

Source: mls_logoRegional One Access Multiple Listing Service #2488071

Listed for Sale

$999,000 -18.32%

$223/sqft

08/01/2025

Source: mls_logoREALTOR® Association of Acadiana (Lafayette) MLS-LA #NO2380160

Listing Removed

$1,223,000 +8.71%

$273/sqft

09/30/2024

Source: mls_logoNew Orleans Metropolitan AOR (NOMAR) MLS-LA #2434988

Off Market

$1,125,000

$251/sqft

Bywater Ranks #50 in New Orleans, LA

Homes for sale
45

Homes

Rental prices
$1,191

Rental Prices

Median Home Price
$387.5K

Median Home Price

Bywater, New Orleans, LA neighborhood guide

Nearby Homes

Based on information from the ROAM MLS through Nov 02, 2026, 02:15PM. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 ROAM MLS. All Rights Reserved.

Advertising Broker: Karen Stokes | Fleur De Lis Realty Group

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