new - 7 days on rocket

2108 Broadway St, New Orleans, LA, 70118

$1,500,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
9 Full Baths
6,659 SqFt
$225/SqFt
Condo

Location

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2108 Broadway St, New Orleans$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street
Year Built1920
HeatingCentral
CoolingCentral Air
MLS #2477552
StatusActive

About 2108 Broadway St

2108 Broadway Street presents a unique investment opportunity in the highly sought-after University neighborhood of New Orleans. This well-maintained multi-family property is ideally situated within walking distance of Tulane and Loyola Universities, as well as the historic St. Charles Avenue. Boasting a strong tenant demand, the property offers a stable cash flow with potential for rent growth. The classic style building has features including updated kitchens, bathrooms, and HVAC systems while preserving its historic charm. Select units feature hardwood floors, high ceilings, and private balconies, appealing to both students and young professionals. The property consists of 9 units generating a robust and stable income stream. It also offers off-street parking and is conveniently located near vibrant retail and dining options. With room for value-add improvements, 2101 Broadway Street is an ideal asset for investors seeking steady returns in a high-demand market.

Property Details

Property Features

Property Information:

  • Architectural Style: Tudor
  • Year Built: 1920
  • Stories: 3
  • Living Area: 6,659 SqFt

Listing Office:

  • Office Name: The McEnery Company
  • Office Phone: (504) 274-2701
  • Listing Agent: Scott Weston
  • Agent Phone: (318) 218-4860

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 11

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: $1,500,000
  • Price Per SqFt: $225/SqFt

Tax Information:

  • Annual Amount: $18,449
  • 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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

2108 Broadway St vs New Orleans

7 DAYS ON ROCKET

-69 Days

$1,500,000

+$1.1M More

$225/SqFt

+$35 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $35/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: #2477552

Listing Office:

  • Office Name: The McEnery Company
  • Office Phone: (504) 274-2701
  • Listing Agent: Scott Weston
  • Agent Phone: (318) 218-4860

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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: 12/4/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 02, 2016Home Sold
$1,410,000

Tax History

YEARPROP. TAXASSESSMENT
2020$18,449$126,900
2019$19,172$126,900
2018$19,553$126,900
2017$10,999$74,760

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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-3821933
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 0.67 miles

  • Public Charter Grades KG-5

school-card-donut-3821934
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.26 miles

  • Public Magnet Grades PK-5

school-card-donut-3821935
4
/10

  • Joshua Butler Elementary School

  • 300 Fourth St

  • 3.28 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 $55,637. Residents of New Orleans, LA typically earn between $35k-100k each year. 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

Frequently Asked Questions About 2108 Broadway St

What is the listing price of this property?

The listing price of 2108 Broadway St property is $1,500,000.

What type of property is this?

The property 2108 Broadway St is a condo located in New Orleans, Louisiana, 70118.

Is this property for sale now?

Active Listing: 2108 Broadway St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,449 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 2, 2016 for $1,410,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2108 Broadway St has 11 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 2108 Broadway St is 6,659 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2108 Broadway St is 1920.

Rocket Homes›Louisiana›Orleans County›New Orleans›70118›2108 Broadway St

This home is located at 2108 Broadway St in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 6,659 square foot home was built in 1920. Features: 11 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $1,500,000.

In November 2024 more than 29 listings in New Orleans, LA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 161 were sold below. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $327,611, while the average time on the real estate market was 76 days.

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

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