315 Decatur St

8,800 Sq. Ft.
$290 / Sq. Ft.
8,800
Sq. Ft.
$290
per Sq. Ft.

Description

Significant price reduction! Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include...Significant price reduction! Money-maker in the heart of the French Quarter with VCE-1 zoning! This renovated building features 5 residential units and one commercial street-fronting unit: Two 2bed/2bath units; Two 1bed/1bath units; One 3bed/2.5bath unit and a 700sqft commercial unit with a half-bath currently occupied by a tour booking company. The large unit is multi-level between the first and second floors and includes an in-ground pool and charming courtyard. The three street-facing units include balconies overlooking the goings-on of the Quarter. All units have floor plans with independent bedrooms (no pass-through shotgun layouts), in-unit laundry, central HVAC, stainless steel appliances, hardwood floors and large closets. Property was fully renovated in 2016 and sits in the heart of all the action the French Quarter provides. Most recent gross rental amount with 100% occupancy was $19,600/month.
  1. Listed by Andrew Grafe • FQR Realtors
    P: (504)-529-9559 C: (504)-529-9559 andrew@fqr.com

Property Details for 315 Decatur Street

Architectural Style
Other Style
LISTING UPDATED: 03/17/2026 03:08 PM

Property Details for 315 Decatur Street

StatusActive
MLS #2506631
Days on Market296
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI FAMILY FOR SALE / Townhouse
Year Built1880
Lot Size0.07 AC / 3,213 SF
CountyOrleans Parish

Location

Listing Courtesy of FQR Realtors
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Building Information for 315 Decatur Street

Stories4Residences6Year Built1880Building Size-Lot Size0.07 AC / 3,213 SF

Payment Calculator

$15,425 per month

30 year fixed, 6.46% Interest

Principal and Interest

$12,841

Property Taxes

$2,584

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 315 Decatur Street

Summary
Location and General Information
  • Directions: Bounding Streets: Bienville, Conti
  • Latitude: 29.95
  • Longitude: -90.07
  • MLS Area Minor: ORLEANS
  • Year Built: 1,880
  • In City Limits: Yes
  • Neighborhood: French Quarter
Parking
  • Parking Features: None
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Property
Lot Information
  • Building Area Total: 8800.0
  • Living Area Source: Public Records
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 21x153
Property and Assessments
  • Parcel Number: 315-DECATURST
  • Property Type: MULTI FAMILY FOR SALE
  • Overall Condition: Excellent
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • GS Utilities Gas: None
  • EL Utilities Elec: Entergy
  • Individual Meters: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Stucco
  • Exterior Features: Balcony, Courtyard
  • Foundation Details: Other
  • Pool Features: In Ground
  • Roof: Flat, Rolled/Hot Mop
  • Stories: 4
Interior Features
  • Bathrooms Full: 9
  • Bathrooms Partial: 1
  • Bedrooms Total: 10
  • Cooling: Central Air
  • Entry Level: 1
  • Heating: Central
  • Bathrooms Total Integer: 10
  • Laundry Features Desc: in-unit
Multi Family
Multi Family Information
  • Number Of Units Total: 6
Rental
Rent Information
  • Tenant Pays: Electricity, Gas
  • Total Actual Rent: 19650

Property History for 315 Decatur Street

DateEvent & SourcePriceAppreciation
Jun 11, 2025

Listed (Active)

ROAM MLS #NO2506631

$2,750,000—
May 6, 2025

Temporarily Off Market

ROAM MLS #NO2475007

$2,750,000—
Nov 6, 2024

Listed (Active)

ROAM MLS #NO2475007

$2,750,000—
Apr 26, 2024

Temporarily Off Market

ROAM MLS #NO2441378

$2,875,000—
Apr 5, 2024

Listed (Active)

ROAM MLS #NO2441378

$2,875,000—
Jul 28, 2020

Temporarily Off Market

ROAM MLS #NO2216700

$3,499,000—
Jul 29, 2019

Listed (Active)

ROAM MLS #NO2216700

$3,499,000—
Apr 22, 2019

Temporarily Off Market

ROAM MLS #NO2179471

$3,499,000—
Oct 31, 2018

Listed (Active)

ROAM MLS #NO2179471

$3,499,000—
Oct 1, 2018

Temporarily Off Market

ROAM MLS #NO2124226

$3,499,000—
Oct 2, 2017

Listed (Active)

ROAM MLS #NO2124226

$3,700,000—
Apr 2, 2015

Sold (Public Record)

Public Record #558314291

—
DateEvent & SourcePrice
06/11/2025

Listed (Active)

ROAM MLS #NO2506631

$2,750,000
05/06/2025

Temporarily Off Market

ROAM MLS #NO2475007

$2,750,000
11/06/2024

Listed (Active)

ROAM MLS #NO2475007

$2,750,000
04/26/2024

Temporarily Off Market

ROAM MLS #NO2441378

$2,875,000
04/05/2024

Listed (Active)

ROAM MLS #NO2441378

$2,875,000
07/28/2020

Temporarily Off Market

ROAM MLS #NO2216700

$3,499,000
07/29/2019

Listed (Active)

ROAM MLS #NO2216700

$3,499,000
04/22/2019

Temporarily Off Market

ROAM MLS #NO2179471

$3,499,000
10/31/2018

Listed (Active)

ROAM MLS #NO2179471

$3,499,000
10/01/2018

Temporarily Off Market

ROAM MLS #NO2124226

$3,499,000
10/02/2017

Listed (Active)

ROAM MLS #NO2124226

$3,700,000
04/02/2015

Sold (Public Record)

Public Record #558314291

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 315 Decatur Street

Taxable ValueLand$22,640Additions$212,250Total$234,890
Tax Record2025$31,003 ($2,584 / month)
Home Facts
Total Finished SqFt8,800 SqFtAbove Grade Finished SqFt8,800 SqFtLot Size3,234 SqFtStyleOffice BuildingYear Built1900CountyORLEANSAPN206101703

Schools near 315 Decatur Street

This home is within Orleans Parish School District.
Rating
School
Type
Grades
Distance
Charter - PK to 8
Charter - 9 to 12
Charter - PK to 8
Charter - K to 5
Rating
School
Distance
Homer A. Plessy Community School
CharterPK to 8

Warren Easton Senior High School
Charter9 to 12

Elan Academy Charter School
CharterPK to 8

Foundation Preparatory
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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315 Decatur Street is a multi-family home for sale in New Orleans, LA 70130. This property was listed for sale on June 11, 2025 by FQR Realtors, it's currently listed at $2,550,000. It has been on the market for a total of 296 days and was last sold on April 2, 2015. This listing's school district is Orleans Parish School District. Nearby schools include Homer A. Plessy Community School, Warren Easton Senior High School and Elan Academy Charter School. 315 Decatur Street is a 10-bed, 10-bath, 8,800 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FQR Realtors

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.