827 Lowerline St, New Orleans, LA 70118

Description

Wonderful opportunity in the heart of Uptown! Ideally located blocks from St. Charles Avenue, universities, and popular Maple Street, this charming, raised home offers the perfect blend of New Orleans character, versatility, and investment potential. Whether you are seeking a spacious owner-occupied residence with rental income, a multi-generational living arrangement, or an investment property, this unique offering provides endless possibilities. The upper residence (#827) welcomes you from a gracious front porch into an inviting interior filled with timeless architectural details, including high ceilings, wood floors, and a decorative fireplace. Designed for both comfortable living and entertaining, the floor plan features formal living and dining rooms, a cozy den with custom built-in bookcases, and a furnished kitchen complete with abundant cabinetry, pantry, and an island. Plus, there are four spacious bedrooms and two full bathrooms. This level encompasses approximately 2,151 square feet of living area. The lower residence (#825) offers a functional layout with a spacious living and dining area, furnished kitchen, three independent bedrooms, and two bathrooms. Lower-level room sizes are on the floor plan. A shared utility room with washer and dryer, along with additional storage space, adds convenience for both residences. The lower level is approximately 2,291 square feet; however, because the ceiling height is approximately 6'8", it does not qualify as living area under appraisal standards and is included only in the total square footage. Both floors have central air and heat. There are two electric meters, one water meter, and one gas meter. #827 is leased for $2,300 a month. From 2022-2025, this unit was leased for $4,000 to $4,300 a month. #825 is leased for $1,050 a month. #827 is month-to-month lease. #825 is leased through February 28, 2027. Priced below 10/20/2025 appraisal value of $675,000.