4 months on rocket

2604 Franklin Ave, New Orleans, LA, 70117

$195,000

Home List Price

$2,316*

Closing Credit

8 Bedrooms
4 Full Baths, 2 Partial
2,424 SqFt
$80/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2604 Franklin Ave, New Orleans$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingNone
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #2457898
Lot Size0.09 Acres
StatusActive

About 2604 Franklin Ave

Calling all investors!! This is an investment opportunity to buy a 2-unit property in the heart of New Orleans!! Great potential for serious cash flow! With a little TLC, this will be an amazing investment opportunity without breaking the bank. Don't miss out. Set up your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Split Level
  • Year Built: 1960
  • Stories: 2
  • Living Area: 2,424 SqFt

Listing Office:

  • Office Name: Nola Home Realty Group
  • Office Phone: (504) 521-1100
  • Listing Agent: Melissa McClendon
  • Agent Phone: (504) 417-5131

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $80/SqFt

Tax Information:

  • Annual Amount: $1,428
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Map thumbnail provided by MapBox

New Orleans, LA

City

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

2604 Franklin Ave vs New Orleans

134 DAYS ON ROCKET

+62 Days

$195,000

-$130.3K Less

$80/SqFt

-$109 Less

KEY TAKEAWAY

This property is $130.3K less than the Median Sold Price and $109/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: #2457898

Listing Office:

  • Office Name: Nola Home Realty Group
  • Office Phone: (504) 521-1100
  • Listing Agent: Melissa McClendon
  • Agent Phone: (504) 417-5131

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.

The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.

By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 7:20:49 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$1,428$9,820
2019$1,465$9,700
2018$1,495$9,700
2017$1,427$9,700

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

Powered By

Rocket Mortgage

Advertisement

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-552422
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 1.66 miles

  • Public Charter Grades PK-4

school-card-donut-552423
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 3.10 miles

  • Public Charter Grades PK-5

school-card-donut-552424
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 3.19 miles

  • Public Charter Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,500. Most New Orleans, LA residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›2604 Franklin Ave

This home is located at 2604 Franklin Ave in New Orleans, LA and zip code 70117 in the Saint Roch neighborhood. This 2,424 square foot home, which was built in 1960, sits on a 0.09 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $195,000.

New Orleans, LA housing market in October 2024 saw over 20 listings sold above listed price, more than 35 sold at listed price and over 146 sold below. Between September 2024 and October 2024, New Orleans, LA real estate market has seen increase in the number of listings by 12.1%. While the average time on the market in October 2024 was 72 days, the median list price was $325,365.

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

More Resources