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For Sale

1138-1140 CHARTRES Street

1138-1140 CHARTRES Street, New Orleans, LA 70116

$2,439,000

1138-40 Chartres Street offers an exceptional development opportunity in the heart of New Orleans' French Quarter, ideal for transforming into a boutique bed and breakfast, luxury condominiums, or high-end vacation rentals. Just moments from Jackson Square, Royal Street, and world-class dining and entertainment, this dual-structure property blends iconic architectural charm--iron balconies, high ceilings, and original hardwood floors--with exceptional redevelopment flexibility. Its layout and location support a range of lucrative strategies, including multi-unit short-term rentals or themed hospitality offerings, and may qualify for commercial or STR permitting pending city approval. With soaring demand for distinctive accommodations in this historic district, 1138-40 Chartres represents a compelling opportunity to capitalize on the area's strong tourism and rental markets while owning a piece of New Orleans' rich architectural heritage.

UNIT 1: 319 SF- 1 BED/ 1 BATH
UNIT 2: 262 SF- 1 BED/ 1 BATH
UNIT 3: 789 SF- 1 BED/ 1 FULL & 1 HALF BATH
UNIT 4: 445 SF- 1 BED/ 1 BATH
UNIT 5: 552 SF- 1 BED/ 1 BATH
UNIT 6: 360 SF- 1 BED/ 1 BATH
OFFICE: 367 SF- 1 BED/ 1 BATH
538: 2,589 SF- 2 BEDS/ 3 FULL & 1 HALF BATH

5,683 Sq.Ft. LIVING AREA

Elizabeth McNulty

title Founder - Agent
PHONE (504) 908-0289
EMAIL [email protected]
DRE # 0995689813

Features & Amenities

Area & Lot

Status For Sale
Living Area5,683 Sq.Ft.
MLS® ID2504044
TypeCommercial
YEAR BUILT1880
NeighborhoodFrench Quarter

Exterior

STORIES3
water SourcePublic
lot featuresCorner Lot, City Lot, Oversized Lot
parkingOff Street
sewerPublic Sewer

Financial

Sales Price$2,439,000
Zoning VCR-2

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French Quarter

29.9584° N, 90.0644° W

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