2 months on rocket

1616-1618 Painters St, New Orleans, LA, 70117

$227,000

Home List Price

$2,696*

Closing Credit

6 Bedrooms
4 Full Baths
1,976 SqFt
$115/SqFt
Multi

Location

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1616-1618 Painters St, New Orleans$227,000

Buyer Closing Credits

$2,696*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1978
HeatingCentral
CoolingCentral Air
MLS #2464401
StatusActive

About 1616-1618 Painters St

Get ready for your next home or a perfect investment opportunity in New Orleans! This charming multi-family property boasts 6 beds and 4 baths and a long-term tenant already settled into the second unit, guaranteeing you a steady income from day one. The unit boast of 14 ft ceilings, and exposed brick with an open floor plan seamlessly connecting the living, kitchen, and dining areas, creating a warm and inviting space great for gatherings or relaxation. Don't let this opportunity slip away – schedule a viewing today! Current tenant will be leaving 11/31/24. Both sides are identical in structure and condition. Seller will clean and due normal up keep to the rented side before sale.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1978
  • Stories: 1
  • Living Area: 1,976 SqFt

Listing Office:

  • Office Name: The EGroup, LLC
  • Office Phone: (504) 473-3327
  • Listing Agent: Danielle Atkins
  • Agent Phone: (504) 256-6511

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

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: $227,000
  • Price Per SqFt: $115/SqFt
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Housing Market Comparison

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

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

1616-1618 Painters St vs New Orleans

86 DAYS ON ROCKET

+14 Days

$227,000

-$98.3K Less

$115/SqFt

-$74 Less

KEY TAKEAWAY

This property is $98.3K less than the Median Sold Price and $74/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: #2464401

Listing Office:

  • Office Name: The EGroup, LLC
  • Office Phone: (504) 473-3327
  • Listing Agent: Danielle Atkins
  • Agent Phone: (504) 256-6511

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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: 11/22/2024, 2:20:48 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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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-491669
6
/10
  • Elan Academy Charter School

  • 709 Park Blvd

  • 2.35 miles

  • Public Charter Grades PK-5

school-card-donut-491670
3
/10
  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 2.41 miles

  • Public Charter Grades PK-4

school-card-donut-491671
8
/10
  • Arabi Elementary School

  • 7200 Alexander Ave

  • 3.21 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,500. The majority of New Orleans, LA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesLouisianaOrleans CountyNew Orleans701171616-1618 Painters St

This home is located at 1616-1618 Painters St in New Orleans, LA and zip code 70117 in the Saint Roch neighborhood. This 1,976 square foot home was built in 1978. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $227,000.

In October 2024, from all listings sold in New Orleans, LA there were more than 20 sold above asking price, over 146 sold below and more than 35 were sold right at the asked price. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 2024. Listings spent 72 days on the market in October 2024, and had a median list price of $325,365 during the same period.

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

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