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About This Home

This 0-bedroom, 0-bathroom commercial at 641 S SALCEDO Street in New Orleans, LA is listed for $225,000 ($224 per sqft). Built in 1943, the home offers 1,005 sqft of living space on a N/A lot.

Agent Description

Commercial Zoned Property with Established Short Term Rental Use | Mid-City New Orleans 641 S Salcedo presents a unique opportunity to acquire a commercially zoned property currently operating as a short term rental with documented income history and professional management in place.

This 3 bedroom, 1 bath property has been updated with major improvements completed approximately five years ago, including roof and HVAC, allowing for continued operation without immediate capital expense. The property also features energy-efficient windows and off-street parking, both valuable for guest experience and long-term ownership.

The current use and zoning create a strong position for a buyer seeking a property that is already functioning within the short term rental space. There may be an opportunity for a buyer to continue operations within an existing structure, subject to their own due diligence and city requirements.

This offering is well suited for an investor, part-time owner, or buyer seeking a flexible-use property in a high-demand location with proximity to the medical corridor, downtown, and major New Orleans attractions. ,br> Financial history and management details available upon request.

Key Features

  • Built in 1943

Property Details

1 story
1943

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

641 S SALCEDO Street

New Orleans, LA 70119

Property Details

Parking

Off StreetDriveway

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 641 S SALCEDO Street is listed at $225,000 ($224/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1943.

This property is listed by Cassondra Larsen and can be reached at (504) 669-8822 or casslarsen@gmail.com.

CL

Cassondra Larsen

Agent at KELLER WILLIAMS REALTY 455-0100

(504) 669-8822

Listed by KELLER WILLIAMS REALTY 455-0100

MLS# 2552994· Source: listhub· Updated 47 days ago

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

641 S SALCEDO Street, New Orleans, LA 70119

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