5 months on rocket

100507 Atlantic Ave, New Orleans, LA, 70114

$185,000

Home List Price

$2,197*

Closing Credit

2 Bedrooms
2 Full Baths
1,117 SqFt
$166/SqFt
Multi

Location

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100507 Atlantic Ave, New Orleans$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1950
HeatingOther
CoolingWindow Unit(s)
MLS #2453010
Lot Size0.09 Acres
StatusActive

About 100507 Atlantic Ave

This fantastic investment opportunity is a multifamily property located in an amazing neighborhood with schools and stores nearby. The property is great for investors looking to generate rental income or for buyers looking to live in one unit and rent out the other. The neighborhood is highly desirable, with a strong rental market and high demand for housing. The property is well-maintained and has great curb appeal, with a spacious backyard for outdoor entertaining. Don't miss out on this incredible investment opportunity in a prime location – schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,117 SqFt

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Coniece Allen-Brown
  • Agent Phone: (504) 782-2470

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $166/SqFt
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

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New Orleans, LA

City

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

100507 Atlantic Ave vs New Orleans

155 DAYS ON ROCKET

+83 Days

$185,000

-$140.3K Less

$166/SqFt

-$23 Less

KEY TAKEAWAY

This property is $140.3K less than the Median Sold Price and $23/SqFt less than other homes in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2453010

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Coniece Allen-Brown
  • Agent Phone: (504) 782-2470

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-303841
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 0.14 miles

  • Public Charter Grades PK-5

school-card-donut-303842
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-303843
7
/10

  • William Hart Elementary School

  • 2001 Hancock St

  • 1.61 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,632. Residents of New Orleans, LA typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70114›100507 Atlantic Ave

This home is located at 100507 Atlantic Ave in New Orleans, LA and zip code 70114 in the Algiers neighborhood. This 1,117 square foot home, which was built in 1950, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $185,000.

New Orleans, LA housing market in October 2024 saw over 20 listings sold above listed price, more than 35 sold at listed price and over 146 sold below. The inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $325,365.

From Rocket Homes Real Estate and based on county public records data.

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