2 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

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

160507 N Prieur St vs New Orleans

83 DAYS ON ROCKET

+11 Days

$265,000

-$60.3K Less

$147/SqFt

-$42 Less

KEY TAKEAWAY

This property is $60.3K less than the Median Sold Price and $42/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

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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: 11/21/2024, 1:20:50 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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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-305681
8
/10

  • Arabi Elementary School

  • 7200 Alexander Ave

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-305682
5
/10

  • Chalmette Elementary School

  • 75 E Chalmette Cir

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-305683
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. Residents of New Orleans, LA typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area 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.

While more than 20 listings in New Orleans, LA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 146 were sold below. The number of homes for sale in New Orleans, LA increased by 12.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $325,365, while the average time on the real estate market was 72 days.

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

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