3 months on rocket

160507 N Prieur St, New Orleans, LA, 70116

$265,000

Home List Price

$3,147*

Closing Credit

4 Bedrooms
2 Full Baths
1,800 SqFt
$147/SqFt
Multi

Location

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160507 N Prieur St, New Orleans$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1920
HeatingCentral
CoolingWindow Unit(s)
MLS #2465689
StatusActive

About 160507 N Prieur St

This multi-family shotgun home under a mile from the French Quarter, close to the Central Business District and other local attractions, is a great opportunity for a first-time buyer or an investment. It is available for purchase. Situated in the 7th ward, across Claiborne Avenue from the Treme area, it is encircled by cultural establishments. The Jazz Fest and Mardi Gras celebrations are just a short stroll from this home. There is a chance that it will become a single. Tenants occupy both sides of it completely. All set for a new owner to update it with a few extra features! Total rental income is $2100 from $1050 collected on each unit. House in preferred flood zone X and is available for 100% financing.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,800 SqFt

Listing Office:

  • Office Name: Southern Spirit Realty
  • Office Phone: (504) 319-2693
  • Listing Agent: Keisha Washington
  • Agent Phone: (504) 319-2693

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $147/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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

160507 N Prieur St vs New Orleans

114 DAYS ON ROCKET

+38 Days

$265,000

-$62.6K Less

$147/SqFt

-$43 Less

KEY TAKEAWAY

This property is $62.6K less than the Median Sold Price and $43/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: #2465689

Listing Office:

  • Office Name: Southern Spirit Realty
  • Office Phone: (504) 319-2693
  • Listing Agent: Keisha Washington
  • Agent Phone: (504) 319-2693

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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: 12/22/2024, 10:20:53 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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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-951311
8
/10

  • Arabi Elementary School

  • 7200 Alexander Ave

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-951312
5
/10

  • Chalmette Elementary School

  • 75 E Chalmette Cir

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-951313
6
/10

  • Arlene Meraux Elementary School

  • 4004 Paris Rd

  • 2.79 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 $30,250. Most New Orleans, LA residents have annual incomes less than $35k. Typical family type is single, no kids. 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›70116›160507 N Prieur St

This home is located at 160507 N Prieur St in New Orleans, LA and zip code 70116 in the Lower Ninth Ward neighborhood. This 1,800 square foot home was built in 1920. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $265,000.

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 listings in New Orleans, LA increased by 6.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 76 days, the median list price was $327,611.

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

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