2 months on rocket

Backup Offers

2555 Elder St, New Orleans, LA, 70122

$169,900

Home List Price

$2,018*

Closing Credit

4 Bedrooms
2 Full Baths
1,785 SqFt
$95/SqFt
Multi

Location

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2555 Elder St, New Orleans$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1986
HeatingCentral
CoolingCentral Air
MLS #2468019
StatusAccepting Backup Offers
(Active Under Contract)

About 2555 Elder St

Charming Gentilly double for sale! This is a perfect investor special or house hack opportunity—put in a little sweat equity and rent out the other side. The larger owner's unit features 3 BDRMS/1 BA, while the other unit is a 1 BDRM/1 BA efficiency. In a preferred Flood X Zone. Situated on a nice-sized lot with a large backyard, and conveniently located near Franklin Ave, you can quickly access the interstate or be downtown in minutes. Electricity is metered separately. Water is all one meter. This home can be sold as part of a portfolio package with 1239 Seville Drive near City Park & Bayou St. John MLS#2471372!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1986
  • Stories: 2
  • Living Area: 1,785 SqFt

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Lazaro Suarez
  • Agent Phone: (504) 251-5302

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

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: $169,900
  • Price Per SqFt: $95/SqFt

Tax Information:

  • Annual Amount: $2,150
  • 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

2555 Elder St vs New Orleans

60 DAYS ON ROCKET

-16 Days

$169,900

-$157.7K Less

$95/SqFt

-$95 Less

KEY TAKEAWAY

This property is $157.7K less than the Median Sold Price and $95/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: #2468019

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Lazaro Suarez
  • Agent Phone: (504) 251-5302

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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, 6:20:54 AM 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$2,150$14,790
2019$2,180$14,430
2018$2,223$14,430
2017$2,123$14,430

History based on county public records data.

Payment Calculator

$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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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-4427682
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 0.95 miles

  • Public Charter Grades PK-4

school-card-donut-4427683
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 2.72 miles

  • Public Charter Grades PK-6

school-card-donut-4427684
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 3.81 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 $54,051. Typical income of New Orleans, LA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›2555 Elder St

This home is located at 2555 Elder St in New Orleans, LA and zip code 70122 in the Gentilly Terrace neighborhood. This 1,785 square foot home was built in 1986. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $169,900.

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 number of listings in New Orleans, LA increased by 6.2% between October 2024 and November 2024. 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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