8 months on rocket

2805 Kingman St, Metairie, LA, 70006

$525,000

Home List Price

$6,234*

Closing Credit

8 Bedrooms
4 Full Baths
3,756 SqFt
$140/SqFt
Multi

Location

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2805 Kingman St, Metairie$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1978
HeatingCentral
CoolingCentral Air
MLS #2440595
Lot Size0.14 Acres
StatusActive

About 2805 Kingman St

Solid Investment Opportunity: Fully Rented Fourplex in Prime Metairie Location! Calling all savvy investors! Don't miss this chance to own a well-maintained fourplex in a highly desirable Metairie location. This property boasts a strong rental history and offers excellent potential for continued income generation. Conveniently situated near shopping centers, hospitals, restaurants, and more. This desirable location ensures consistent tenant demand. Each unit features two bedrooms, one bathroom, laundry hookups for added convenience, and a private back patio for tenant enjoyment. The property is currently generating income with all units occupied. Two long-term tenants have been in place since 2013, offering stability and potentially lower vacancy rates. Offers two different floorplans. With off-street parking, a valuable amenity for tenants in Metairie. Depending on current rental rates, there may be room to adjust rents to market value, increasing your overall return on investment. This is a fantastic opportunity to add a stable and income-producing asset to your portfolio. Don't miss out! Contact us today for more information and a private showing. Please note: Washer and dryers are excluded from the sale. Explore one of the four units of the property virtually: https://bit.ly/2805KingmanC

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1978
  • Stories: 2
  • Living Area: 3,756 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Cassie Cure
  • Agent Phone: (504) 756-4129

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $2,216
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Metairie, LA.

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Metairie, LA

City

Med. Sold Price

$307.1K

Med. Price/SqFt

$176

Avg. Days On Market

48

# of Sold Homes

91

2805 Kingman St vs Metairie

265 DAYS ON ROCKET

+217 Days

$525,000

+$217.8K More

$140/SqFt

-$36 Less

KEY TAKEAWAY

This property is $217.8K more than the Median Sold Price and $36/SqFt less than other homes in Metairie, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2440595

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Cassie Cure
  • Agent Phone: (504) 756-4129

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.

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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: 12/17/2024, 8:20:54 PM 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$2,216$18,760
2019$1,899$15,640
2018$1,774$15,640
2017$1,774$15,640

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-4228280
3
/10

  • Phoebe Hearst Elementary School

  • 5208 Wabash St

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-4228281
7
/10

  • Bridgedale Elementary School

  • 808 Zinnia Ave

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-4228282
6
/10

  • Alice Birney Elementary School

  • 4829 Hastings St

  • 1.29 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 $44,810. Residents of Metairie, LA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Metairie, 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 Metairie, LA?

Metairie's housing market is diverse, offering a range of options from single-family homes to multi-family complexes. The architectural styles vary, with a mix of traditional, ranch-style, and contemporary homes. A significant portion of the housing stock dates back to the mid-20th century, reflecting the area's growth during that period. The homeownership rate in Metairie is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

Is Metairie, LA a good place to live?

Metairie is known for its suburban feel with a strong sense of community. The area prides itself on its family-friendly atmosphere and is celebrated for events like the annual Family Gras festival, which showcases local music and culture. The community's character is also defined by its numerous parks and recreational areas, providing residents with ample green space and outdoor activities.

Are things conveniently located in Metairie, LA?

The community is served by a solid educational system, including a variety of public and private schools that cater to different educational needs. Healthcare services are readily available, with several clinics and a major hospital that offers a range of medical services. Metairie also features a public library system that supports the community's educational and informational needs. The retail and dining scene is reflective of the local culture, with a mix of national chains and local establishments that cater to a variety of tastes and preferences.

What does the transportation in Metairie, LA look like?

Transportation options in Metairie include a network of major roads and highways that facilitate travel and commuting to nearby New Orleans and other areas. Public transit is available, with bus services providing connections to key destinations. The community is also bike-friendly, with several designated bike paths. While ride-sharing services are operational in the area, specific brands are not mentioned. The walkability can vary across different parts of Metairie, with some neighborhoods being more pedestrian-friendly than others.

Rocket Homes›Louisiana›Jefferson County›Metairie›70006›2805 Kingman St

This home is located at 2805 Kingman St in Metairie, LA and zip code 70006. This 3,756 square foot home, which was built in 1978, sits on a 0.14 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $525,000.

In November 2024, from all listings sold in Metairie, LA there were more than 5 sold above asking price, over 69 sold below and more than 17 were sold right at the asked price. The number of listings in Metairie, LA decreased by 1.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 48 days, the median list price was $307,189.

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

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