9 months on rocket

Backup Offers

1827 Martin Luther King Jr Blvd, New Orleans, LA, 70113

$165,000

Home List Price

$1,959*

Closing Credit

6 Bedrooms
4 Full Baths
1,809 SqFt
$91/SqFt
Multi

Location

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1827 Martin Luther King Jr Blvd, New Orleans$165,000

Buyer Closing Credits

$1,959*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1914
HeatingNone
CoolingNone
MLS #2432210
Lot Size0.09 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1827 Martin Luther King Jr Blvd

Back On The Market!! Calling all investors!! Fourplex located two blocks from St. Charles Avenue! Walk to the parades, restaurants, shopping and also to Oretha Castle Blvd for more dining, shopping and entertainment. This house is very special since it is a double with 2 bedrooms and one bath on each side that still has some of its amazing charm such at large rooms, high ceilings and some original hardwood floors that are still in decent shape. In the ample back yard there is a separate efficiency with one bedroom and one bath. There is evidence of four separate meters!! This block has a lot of renovated homes, this would be a great investment to buy, renovate and lease out, or save a unit for your self and let your rentals pay for your investment! Come have a little spot for Mardi Gras, Jazz Festival and French Quarter Festival just to name a few!

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 1
  • Living Area: 1,809 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Nichell Thompson
  • Agent Phone: (504) 261-5182

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $165,000
  • Price Per SqFt: $91/SqFt

Tax Information:

  • Annual Amount: $57
  • Tax Year: 2020
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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

1827 Martin Luther King Jr Blvd vs New Orleans

286 DAYS ON ROCKET

+214 Days

$165,000

-$160.3K Less

$91/SqFt

-$98 Less

KEY TAKEAWAY

This property is $160.3K less than the Median Sold Price and $98/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: #2432210

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Nichell Thompson
  • Agent Phone: (504) 261-5182

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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: 11/14/2024, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$57$4,410
2019$57$4,410
2018$57$4,410
2017$46$4,410

History based on county public records data.

Payment Calculator

$891

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$561

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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-248874
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.82 miles

  • Public District Grades PK-5

school-card-donut-248875
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.88 miles

  • Public Charter Grades PK-5

school-card-donut-248876
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.14 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,728. Most New Orleans, LA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70113›1827 Martin Luther King Jr Blvd

This home is located at 1827 Martin Luther King Jr Blvd in New Orleans, LA and zip code 70113 in the Central City neighborhood. This 1,809 square foot home, which was built in 1914, sits on a 0.09 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $165,000.

In October 2024 more than 20 listings in New Orleans, LA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 146 were sold below. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 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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