10 days on rocket

260406 Pauger St, New Orleans, LA, 70116

$265,000

Home List Price

$3,147*

Closing Credit

4 Bedrooms
2 Full Baths
1,684 SqFt
$157/SqFt
Multi

Location

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260406 Pauger St, New Orleans$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1922
HeatingCentral
CoolingCentral Air
MLS #2474792
Lot Size0.08 Acres
StatusActive

About 260406 Pauger St

100% financing and $650 appraisal credit available from preferred lender. Nestled in the vibrant heart of New Marigny, this charming multi-family residence presents a wonderful opportunity for those looking to invest in New Orleans’ contagious charisma. Boasting four bedrooms and two bathrooms, this property blends historical allure with practical living areas. Imagine each room filled with laughter and Creole jazz tunes drifting through the windows—a quintessential New Orleans scene! This is more than a building; it's a chance to own a piece of the local heritage. The home is a stone's throw from Washington Square Park, where green spaces provide a lovely escapade from the bustling city life. Walkability to local eateries, galleries, and venues means the future residents or renters will have the vibrant lifestyle of the Marigny at their doorstep, amplified by the soul of New Orleans. What's on offer isn’t just a home, but a ticket to a steady rental income in a neighborhood known for its high demand. The generous incentive of 100% financing is the cherry on top of this beignet, particularly with an additional $650 appraisal credit from a preferred lender. A fresh coat of paint? Perhaps. A smart investment? Absolutely. Whether you're a seasoned investor or looking to dip your toes into the rental property pool, this property promises to be a low-risk, high-reward treasure tapped with potential and wrapped in the romance of The Big Easy. So, don your Mardi Gras beads, scout out your favorite po' boy sandwich, and make a move before this opportunity dances away into the night.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 1,684 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Tyrell Morris
  • Agent Phone: (202) 607-4612

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $157/SqFt
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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

$325.6K

Med. Price/SqFt

$190

Avg. Days On Market

74

# of Sold Homes

276

260406 Pauger St vs New Orleans

10 DAYS ON ROCKET

-64 Days

$265,000

-$60.6K Less

$157/SqFt

-$34 Less

KEY TAKEAWAY

This property is $60.6K less than the Median Sold Price and $34/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: #2474792

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Tyrell Morris
  • Agent Phone: (202) 607-4612

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Last updated on: 1/2/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

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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-79581
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 0.98 miles

  • Public Charter Grades PK-5

school-card-donut-79582
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-79583
7
/10

  • William Hart Elementary School

  • 2001 Hancock St

  • 2.25 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 $98,317. Most New Orleans, LA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In New Orleans, LA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in New Orleans, LA?

New Orleans offers a vibrant housing market with a tapestry of architectural styles that reflect its rich history, including Creole cottages, Victorian mansions, and shotgun houses. The housing landscape is diverse, with single-family homes nestled alongside multifamily complexes and historic townhouses. The city's homeownership rate is around 47%, with a significant portion of residents opting to rent, indicative of the city's dynamic and transient population.

Is New Orleans, LA a good place to live?

New Orleans is celebrated for its unique cultural heritage, a melting pot of French, African, Spanish, and American influences. The city prides itself on its world-renowned festivals such as Mardi Gras and Jazz Fest, which showcase its vibrant music scene, culinary excellence, and artistic flair. The community's character is further enriched by its bustling street life, historic neighborhoods, and the iconic French Quarter, all contributing to its distinctive ambiance.

Are things conveniently located in New Orleans, LA?

The community is served by a robust educational system, including numerous public and private schools, catering to a range of educational needs. Healthcare is supported by several hospitals and clinics offering a spectrum of services from primary care to specialized treatments. Retail and dining options abound, reflecting the local culture with a mix of international cuisines and traditional Creole and Cajun eateries. The city is proactive in enhancing services to meet the evolving needs of its diverse population.

What does the transportation in New Orleans, LA look like?

New Orleans' transport infrastructure includes a network of buses and streetcars, with schedules that cater to the city's main corridors. The city is known for its iconic streetcars, which provide a historic mode of transit along key routes. While certain areas boast higher walkability, such as the French Quarter and Downtown, the city is also making strides to improve bikeability with dedicated lanes and bike-sharing programs. Major roads and highways facilitate travel in and out of the city, with ongoing projects aimed at improving traffic flow and accessibility.

Rocket Homes›Louisiana›Orleans County›New Orleans›70116›260406 Pauger St

This home is located at 260406 Pauger St in New Orleans, LA and zip code 70116. This 1,684 square foot home, which was built in 1922, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $265,000.

While more than 26 listings in New Orleans, LA in December 2024 were sold above asking price, there were more than 46 listings sold at asking price, and more than 204 were sold below. The number of homes for sale in New Orleans, LA increased by 0.5% between November 2024 and December 2024. In December 2024 median list price was $325,680 and the average listing age was 74 days.

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

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