2 months 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.

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

2700-02 Palmer Ave vs New Orleans

82 DAYS ON ROCKET

+6 Days

$649,000

+$321.3K More

$254/SqFt

+$64 More

KEY TAKEAWAY

This property is $321.3K more than the Median Sold Price and $64/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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Last updated on: 12/22/2024, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-932092
1
/10
  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.21 miles

  • Public Charter Grades KG-5

school-card-donut-932093
4
/10
  • Joshua Butler Elementary School

  • 300 Fourth St

  • 2.23 miles

  • Public District Grades PK-5

school-card-donut-932094
3
/10
  • Isaac G. Joseph Elementary School

  • 537 Avenue D

  • 2.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $147,917. Typical income of New Orleans, LA residents is $200k+ annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

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.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. In November 2024 median list price was $327,611 and the average listing age was 76 days.

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

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