11 months on rocket

2231 Royal St, New Orleans, LA, 70117

$799,900

Home List Price

$9,499*

Closing Credit

6 Bedrooms
6 Full Baths
3,400 SqFt
$235/SqFt
House

Location

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2231 Royal St, New Orleans$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1830
HeatingOther
CoolingWindow Unit(s)
MLS #2429286
Lot Size0.11 Acres
StatusActive

About 2231 Royal St

Historic six-unit Greek Revival raised basement gem nestled in the heart of the Faubourg Marigny. This unique property, said to have sparked Tennessee Williams' imagination for his iconic play “A Streetcar Named Desire,” is a showcase of New Orleans' architectural splendor. From its covered gallery offering majestic views of Royal Street to the quaint carriageway that leads to an intimate garçonnière and a lush, secluded back courtyard, every detail is dripping with local charm. Surrounded by the architectural grandeur and pulsating energy of a highly coveted New Orleans neighborhood, this property stands as a testament to the city's vibrant culture. Here in the Marigny, world-class dining, lively music scenes, and colorful street life are not just amenities—they are the fabric of everyday life. Moreover, its prime location in the preferred flood zone X, mere steps from the French Quarter, positions it as a rare find in the city's real estate market. This carefully maintained property presents a golden opportunity for those looking to enrich their real estate portfolio with a piece of New Orleans' rich history. Whether you're eyeing immense rental income, contemplating a luxury renovation project, or envisioning a lucrative condo-conversion venture, this property is ripe with potential. To be conveyed vacant, it offers a blank canvas for the next owner to weave their vision into the vibrant tapestry of the Marigny. Seize this unparalleled opportunity to own a slice of New Orleans’ storied past. NEW ROOF!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic/Antique
  • Year Built: 1830
  • Stories: 2
  • Living Area: 3,400 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Michael Styles
  • Agent Phone: (504) 777-1773

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Fence

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $8,944
  • 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

2231 Royal St vs New Orleans

341 DAYS ON ROCKET

+265 Days

$799,900

+$472.2K More

$235/SqFt

+$45 More

KEY TAKEAWAY

This property is $472.2K more than the Median Sold Price and $45/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: #2429286

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Michael Styles
  • Agent Phone: (504) 777-1773

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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, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,944$61,520
2019$8,220$54,410
2018$8,384$54,410
2017$4,712$32,030

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-23665
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.80 miles

  • Public Charter Grades PK-5

school-card-donut-23666
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.64 miles

  • Public District Grades PK-5

school-card-donut-23667
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 3.02 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. The most common annual income of people living in New Orleans, LA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2231 Royal St

What is the listing price of this property?

The listing price of 2231 Royal St property is $799,900.

What type of property is this?

The property 2231 Royal St is a house located in New Orleans, Louisiana, 70117.

Is this property for sale now?

Active Listing: 2231 Royal 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 $8,944 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2231 Royal St has 6 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 2231 Royal St is 3,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2231 Royal St is 1830.

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›2231 Royal St

This home is located at 2231 Royal St in New Orleans, LA and zip code 70117 in the Marigny neighborhood. This 3,400 square foot home, which was built in 1830, sits on a 0.11 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $799,900.

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 inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. 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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