3 months on rocket

1936-38 Saint Philip St, New Orleans, LA, 70116

$378,250

Home List Price

$4,492*

Closing Credit

4 Bedrooms
2 Full Baths
1,790 SqFt
$211/SqFt
Multi

Location

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1936-38 Saint Philip St, New Orleans$378,250

Buyer Closing Credits

$4,492*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1961
HeatingOther
CoolingWindow Unit(s)
MLS #2453297
StatusActive

About 1936-38 Saint Philip St

Sold as a package deal along with 910-12 N Prieur, 914-916 N Prieur and 1900 St Philip. $1,499,000. Owner Financing/Bond for Deed options available. This 7-Unit Multifamily Portfolio is comprised of three duplexes and one single family home all within one city block. The properties are centrally located in a high growth area of Treme. The location is minutes from downtown and the French Quarter with easy access to I-10 and US-90. Blocks from University Medical Center and the VA Hospital. All four properties have undergone full renovations in the past year including roofs, electrical and plumbing. All three duplexes have and/or are being rented to long term tenants with projected rents totaling $8200/month. The single family home is currently a STR with projected monthly rental income of $4000-$6000. LLC can be purchased and includes a cost segregation study with a sizable first year deduction. Inquire for more details.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1961
  • Stories: 1
  • Living Area: 1,790 SqFt

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Logan Macrae
  • Agent Phone: (504) 444-9445

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, Rectangular Lot

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $378,250
  • Price Per SqFt: $211/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

1936-38 Saint Philip St vs New Orleans

100 DAYS ON ROCKET

+28 Days

$378,250

+$52.8K More

$211/SqFt

+$22 More

KEY TAKEAWAY

This property is $52.8K more than the Median Sold Price and $22/SqFt more 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: #2453297

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Logan Macrae
  • Agent Phone: (504) 444-9445

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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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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-314188
6
/10
  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.59 miles

  • Public Charter Grades PK-5

school-card-donut-314189
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.31 miles

  • Public District Grades PK-5

school-card-donut-314190
7
/10
  • William Hart Elementary School

  • 2001 Hancock St

  • 2.94 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,241. The most common annual income of people living in New Orleans, LA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Louisiana›Orleans County›New Orleans›70116›1936-38 Saint Philip St

This home is located at 1936-38 Saint Philip St in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 1,790 square foot home was built in 1961. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $378,250.

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. Between September 2024 and October 2024, New Orleans, LA real estate market has seen increase in the number of listings by 12.1%. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $325,365.

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

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