10 months on rocket

2232 Abundance St, New Orleans, LA, 70122

$698,000

Home List Price

$8,289*

Closing Credit

15 Bedrooms
6 Full Baths
4,100 SqFt
$170/SqFt
Multi

Location

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2232 Abundance St, New Orleans$698,000

Buyer Closing Credits

$8,289*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, Three or more Spaces
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #2435255
Lot Size0.14 Acres
StatusActive

About 2232 Abundance St

This 2-story multifamily quadraplex in New Orleans, LA, is a compelling investment opportunity for those with a keen eye for real estate potential. Situated in a prime location and boasting spacious units with unique character, this property offers a blank canvas for buyers to transform it into a standout asset in the city's vibrant market. Potential investors should take note of the property's updated condition. The provided photos offer a glimpse into the property's true protential and style, with all units sharing similar attributes. Inquiries into this exciting investment opportunity are encouraged, as seizing this chance to be part of New Orleans' magic could lead to a rewarding venture for those willing to take on the challenge. Come and see for yourself how the bamboo flooring and fresh paint creates a clean an vibrant enviroment. The exterior was upgraded to stucco and the balconies have been re-done along with a brand new roof. Tenants are already nestled within this property with annual leases that are up for renewal in March 2025. All information is estimated and buyers have to verify all data during their due diligence period. Room measurements are approximate and may vary slightly in each individual unit.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Stories: 2
  • Living Area: 4,100 SqFt

Listing Office:

  • Office Name: Melrose Group Realty
  • Office Phone: (985) 250-0071
  • Listing Agent: Ulysses Barnes
  • Agent Phone: (504) 939-8470

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 15

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: Off Street, Three or more Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-10 take Elysian Fields exit towards the lakefront and a right on Abundance. The property is on the corner of Abundance and Marigny.

Price Information

Listing Price Info

Price Summary:

  • List Price: $698,000
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $1,414
  • 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

2232 Abundance St vs New Orleans

303 DAYS ON ROCKET

+227 Days

$698,000

+$370.3K More

$170/SqFt

-$20 Less

KEY TAKEAWAY

This property is $370.3K more than the Median Sold Price and $20/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: #2435255

Listing Office:

  • Office Name: Melrose Group Realty
  • Office Phone: (985) 250-0071
  • Listing Agent: Ulysses Barnes
  • Agent Phone: (504) 939-8470

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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: 12/22/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 14, 2013Home Sold
$184,000
May 14, 2013Home Sold
$146,300
Sep 25, 2009Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,414$16,560
2019$1,466$16,560
2018$1,493$16,560
2017$1,411$16,560

History based on county public records data.

Payment Calculator

$3,551

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,159

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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-1044079
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 1.38 miles

  • Public Charter Grades PK-4

school-card-donut-1044080
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 3.31 miles

  • Public Charter Grades PK-6

school-card-donut-1044081
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 3.44 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,043. Residents of New Orleans, LA typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›2232 Abundance St

This home is located at 2232 Abundance St in New Orleans, LA and zip code 70122 in the Saint Roch neighborhood. This 4,100 square foot home, which was built in 1960, sits on a 0.14 acre lot. Features: 15 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $698,000.

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. Between October 2024 and November 2024, New Orleans, LA real estate market has seen increase in the number of listings by 6.2%. Listings spent 76 days on the market in November 2024, and had a median list price of $327,611 during the same period.

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

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