4 months on rocket

1936-1938 Franklin Ave, New Orleans, LA, 70117

$290,000

Home List Price

$3,444*

Closing Credit

4 Bedrooms
2 Full Baths
2,175 SqFt
$133/SqFt
Multi

Location

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1936-1938 Franklin Ave, New Orleans$290,000

Buyer Closing Credits

$3,444*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1964
HeatingCentral
CoolingCentral Air
MLS #2458285
Lot Size0.06 Acres
StatusActive

About 1936-1938 Franklin Ave

Price Improvement! Looking for a great investment opportunity then check out this property. . A duplex in the heart of the St. Roch neighborhood with easy access to the French Quarter, I-10 & I-610. Each unit has two bedrooms and one bath with one unit tenant occupied (1936) and the other unit (1938) vacant. Tenant is on month-to-month so this property can be purchased as owner-occupied or investors with a long-term tenant. Unit (1938) must be completed prior to occupancy, kitchen and bathroom partially completed.Enter Unit (1938) at your own risk the owner is not liable. Sold as is no repairs will be completed.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 1
  • Living Area: 2,175 SqFt

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Crystal Parker
  • Agent Phone: (504) 259-5019

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $290,000
  • Price Per SqFt: $133/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

1936-1938 Franklin Ave vs New Orleans

141 DAYS ON ROCKET

+65 Days

$290,000

-$37.6K Less

$133/SqFt

-$57 Less

KEY TAKEAWAY

This property is $37.6K less than the Median Sold Price and $57/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: #2458285

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Crystal Parker
  • Agent Phone: (504) 259-5019

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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: 12/18/2024, 12:20:54 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-4521247
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.66 miles

  • Public Charter Grades PK-5

school-card-donut-4521248
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.53 miles

  • Public District Grades PK-5

school-card-donut-4521249
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.11 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,286. Residents of New Orleans, LA typically earn between $35k-100k each year. The majority of families are 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›70117›1936-1938 Franklin Ave

This home is located at 1936-1938 Franklin Ave in New Orleans, LA and zip code 70117 in the Marigny neighborhood. This 2,175 square foot home, which was built in 1964, sits on a 0.06 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $290,000.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. 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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