1 month on rocket

2700-02 Palmer Ave, New Orleans, LA, 70118

$649,000

Home List Price

$7,707*

Closing Credit

5 Bedrooms
3 Full Baths
2,555 SqFt
$254/SqFt
Multi

Location

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2700-02 Palmer Ave, New Orleans$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Three or more Spaces
Year Built1910
HeatingCentral
CoolingCentral Air
MLS #2464364
StatusActive

About 2700-02 Palmer Ave

This double is perfectly situated on a beautiful oak-lined street a short distance to Uptown universities, making it an ideal investment or rental property. The unit at 2700 Palmer features 3 bedrooms and 2 baths with updated kitchen appliances, refreshed kitchen including quartz countertops and a tile backsplash, and updated flooring. The unit at 2702 Palmer offers 2 bedrooms and 1 bath with an updated range, countertops, and flooring. Both units boast bright, airy interiors and ample storage space. The property also includes a driveway with parking for multiple cars and a shady courtyard with additional outdoor storage. With a new roof installed in 2023 and a lease in place until June 2025, this property represents a solid investment opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1910
  • Stories: 2
  • Living Area: 2,555 SqFt

Listing Office:

  • Office Name: LATTER & BLUM (LATT07)
  • Office Phone: (504) 866-2785
  • Listing Agent: Patricia Willhite
  • Agent Phone: (504) 460-9280

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: Driveway, Three or more Spaces

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: $649,000
  • Price Per SqFt: $254/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

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

2700-02 Palmer Ave vs New Orleans

44 DAYS ON ROCKET

-28 Days

$649,000

+$323.6K More

$254/SqFt

+$65 More

KEY TAKEAWAY

This property is $323.6K more than the Median Sold Price and $65/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: #2464364

Listing Office:

  • Office Name: LATTER & BLUM (LATT07)
  • Office Phone: (504) 866-2785
  • Listing Agent: Patricia Willhite
  • Agent Phone: (504) 460-9280

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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: 11/14/2024, 12:20:51 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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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-149744
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.21 miles

  • Public Charter Grades KG-5

school-card-donut-149745
4
/10

  • Joshua Butler Elementary School

  • 300 Fourth St

  • 2.23 miles

  • Public District Grades PK-5

school-card-donut-149746
3
/10

  • Isaac G. Joseph Elementary School

  • 537 Avenue D

  • 2.27 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 $147,917. Residents of New Orleans, LA typically earn $200k+ each year. The most common type of family is 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›70118›2700-02 Palmer Ave

This home is located at 2700-02 Palmer Ave in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 2,555 square foot home was built in 1910. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $649,000.

While more than 20 listings in New Orleans, LA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 146 were sold below. The inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. Listings spent 72 days on the market in October 2024, and had a median list price of $325,365 during the same period.

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

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