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1517 Audubon St, New Orleans, LA, 70118

$1,600,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
2 Full Baths, 4 Partial
5,500 SqFt
$291/SqFt
Multi

Location

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1517 Audubon St, New Orleans$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1932
HeatingCentral
CoolingCentral Air
MLS #2479946
StatusActive

About 1517 Audubon St

One of a kind university area investment opportunity located one block from campus. 1517-1519 Audubon is a two story double measuring 5,500 sq/ft. Each unit contains a total of 4 individual bedrooms all located off of a common hallway on the second floor. Large living , dining and kitchen areas provide plenty of space for student residents. The raised basement in each unit also provides ample storage. Off-street parking is also available for each unit. Each building is on a master lease providing for ease of monthly rent collections and tenant retention. Stabile and secure income with existing barriers to entry for competing assets. This location provides for constant occupancy with many tenants often passing their lease on to friends/family upon graduation.

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 2
  • Living Area: 5,500 SqFt

Listing Office:

  • Office Name: The McEnery Company
  • Office Phone: (504) 274-2701
  • Listing Agent: S. Parkerson McEnery
  • Agent Phone: (504) 510-2856

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 2
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $291/SqFt
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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

1517 Audubon St vs New Orleans

3 DAYS ON ROCKET

-73 Days

$1,600,000

+$1.2M More

$291/SqFt

+$101 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $101/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: #2479946

Listing Office:

  • Office Name: The McEnery Company
  • Office Phone: (504) 274-2701
  • Listing Agent: S. Parkerson McEnery
  • Agent Phone: (504) 510-2856

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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: 12/21/2024, 8:20:53 PM 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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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-774637
1
/10
  • Noble Minds

  • 1333 S Carrollton Ave

  • 0.57 miles

  • Public Charter Grades KG-5

school-card-donut-774638
10
/10
  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.59 miles

  • Public Magnet Grades PK-5

school-card-donut-774639
4
/10
  • Joshua Butler Elementary School

  • 300 Fourth St

  • 2.89 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,069. Most New Orleans, LA residents have annual incomes between $100k-200k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Louisiana›Orleans County›New Orleans›70118›1517 Audubon St

This home is located at 1517 Audubon St in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 5,500 square foot home was built in 1932. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,600,000.

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. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. In November 2024 median list price was $327,611 and the average listing age was 76 days.

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

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