new - 7 days on rocket

1501 Marais St, New Orleans, LA, 70116

$765,000

Home List Price

$9,084*

Closing Credit

6 Bedrooms
4 Full Baths
2,680 SqFt
$285/SqFt
Multi

Location

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1501 Marais St, New Orleans$765,000

Buyer Closing Credits

$9,084*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1861
HeatingCentral
CoolingCentral Air
MLS #2477285
StatusActive

About 1501 Marais St

This historically rich triplex, located just blocks from the vibrant French Quarter and Marigny triangle, features a charming central courtyard and combines old-world charm with modern amenities. With three separately metered units, the property includes a downstairs unit with 3 bedrooms and 2 bathrooms, an upstairs unit with 2 bedrooms and 1 bathroom, and a separate guest house at the rear with its own entrance, offering one bedroom and one bathroom. Each unit showcases original hardwood floors, fireplaces, soaring ceilings, and functional wood shutters, providing various possibilities for living or investment. Please see attached for features of the home including 2023 roof!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Creole
  • Year Built: 1861
  • Stories: 2
  • Living Area: 2,680 SqFt

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Rebecca Waxman
  • Agent Phone: (504) 261-6867

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Fence

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $765,000
  • Price Per SqFt: $285/SqFt

Tax Information:

  • Annual Amount: $5,386
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

1501 Marais St vs New Orleans

7 DAYS ON ROCKET

-69 Days

$765,000

+$437.3K More

$285/SqFt

+$95 More

KEY TAKEAWAY

This property is $437.3K more than the Median Sold Price and $95/SqFt more 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: #2477285

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Rebecca Waxman
  • Agent Phone: (504) 261-6867

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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: 12/4/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 13, 2013Home Sold
$405,000
Sep 22, 2010Home Sold
$72,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,386$37,050
2019$5,506$36,450
2018$5,616$36,450
2017$5,363$36,450

History based on county public records data.

Payment Calculator

$3,886

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,360

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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-3802573
6
/10
  • Elan Academy Charter School

  • 709 Park Blvd

  • 2.28 miles

  • Public Charter Grades PK-5

school-card-donut-3802574
3
/10
  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 2.79 miles

  • Public Charter Grades PK-4

school-card-donut-3802575
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 3.01 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,963. Most New Orleans, LA residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Louisiana›Orleans County›New Orleans›70116›1501 Marais St

This home is located at 1501 Marais St in New Orleans, LA and zip code 70116 in the Seventh Ward neighborhood. This 2,680 square foot home was built in 1861. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $765,000.

In November 2024, from all listings sold in New Orleans, LA there were more than 29 sold above asking price, over 161 sold below and more than 41 were sold right at the asked price. Between October 2024 and November 2024, New Orleans, LA real estate market has seen increase in the number of listings by 6.2%. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $327,611.

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

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