LKV Realty
Logo
$500,000
$2,900Reward *
2424 VALENCE Street, New Orleans, LA 70115Listing ID 2536566

2424 VALENCE Street, New Orleans, LA 70115

Active
Time on site: 225 daysLast updated: Jul 26, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,749
Days on Site
Days on Site
195
Cooling
Cooling
Other
Heating
Heating
Other
Year Built
Year Built
1940
Stories
Stories
2
Parking
Parking
Driveway, Off Street, Two Spaces

With a recent appraisal of $550,000, this property is priced to sell! Commercially-zoned and a perfect opportunity for an office conversion or any of the many HUMU zoning uses, this two-story duplex is just two houses off the vibrant Freret Street corridor. Watch your business ventures take off in this versatile multifamily property, which has three units – an upper and lower unit in the main structure and an unfinished detached apartment, full of potential, in the back of the house. Beautifully maintained, this cheerful property has original fireplaces (nonworking) and beautiful tile work throughout. Each unit (including the unfinished bonus unit) has two bedrooms and one bathroom, a cozy kitchen and a washer and dryer. Enjoy coffee from the front porch or the upstairs balcony – the perfect setting to soak up some outdoor time. Ideally situated just steps from Freret, with immediate access to restaurants, Rouse’s grocery, coffee shops, nightlife and all that this great location has to offer, all while tucked into a charming residential block. Located in an X flood zone with off-street parking and zoned Historic Urban Mixed Use, a standout opportunity in an unbeatable location—this one checks every box. Whether you’re searching for a personal home, a cash-flowing investment, or a hybrid living arrangement, this property delivers unmatched flexibility and value in a location that is hard to beat! Square footage of back unit is not included in total.

Property Information

Property Details

Location

Address
2424 VALENCE Street
County
Orleans
City
New Orleans
Zip Code
70115

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2

Building

Building Information

Square Feet
2,749
Year Built
1940
Stories
2
Construction
HardiPlank Type
Foundation
Raised
Roof
Shingle
Condition
Very Good Condition

Financial

Special Conditions
None
Reese & Company Real Estate, LLC, (504) 229-2225

Market Report for 70115

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: ROAM MLS, LLC
ROAM MLS, LLC logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed

For corrections to this data please contact Brytecore MLS Support.

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