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2828 Louisiana Ave, New Orleans, LA, 70115

$450,000

Home List Price

$5,344*

Closing Credit

8 Bedrooms
8 Full Baths
4,328 SqFt
$104/SqFt
Multi

Location

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2828 Louisiana Ave, New Orleans$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Off Street
Year Built1970
HeatingCentral
CoolingCentral Air
MLS #2480036
Lot Size0.17 Acres
StatusActive

About 2828 Louisiana Ave

Calling all investors! Presenting a rare income-producing multi family opportunity in the heart of Uptown New Orleans! This well-maintained 4-plex features 2-bedroom/2-bathroom units, each offering comfortable living spaces with desirable amenities. With all units consistently generating above 1% of the purchase price in monthly rent, this property is a fantastic investment for both seasoned investors and newcomers to the market. Total rent amount earned from all units was $6,206 before one unit's lease ended in December 2024. New owner can rent or owner occupy. First showing will be Saturday 12/21. Listing wont last long please schedule showings as early as possible.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1970
  • Stories: 1
  • Living Area: 4,328 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Austin McCann
  • Agent Phone: (504) 615-3946

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $5,269
  • Tax Year: 2020
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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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

2828 Louisiana Ave vs New Orleans

1 DAY ON ROCKET

-75 Days

$450,000

+$122.3K More

$104/SqFt

-$86 Less

KEY TAKEAWAY

This property is $122.3K more than the Median Sold Price and $86/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: #2480036

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Austin McCann
  • Agent Phone: (504) 615-3946

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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: 12/19/2024, 1:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2018Home Sold
$2,410,333

Tax History

YEARPROP. TAXASSESSMENT
2020$5,269$36,240
2019$5,475$36,240
2018$5,584$36,240
2017$5,332$36,240

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-133655
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.94 miles

  • Public Charter Grades KG-5

school-card-donut-133656
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.81 miles

  • Public District Grades PK-5

school-card-donut-133657
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.88 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,000. The most common annual income of people living in New Orleans, LA is less than $35k. Residents typically live in single, no kids family. 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›70115›2828 Louisiana Ave

This home is located at 2828 Louisiana Ave in New Orleans, LA and zip code 70115 in the Milan neighborhood. This 4,328 square foot home, which was built in 1970, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $450,000.

New Orleans, LA housing market in November 2024 saw over 29 listings sold above listed price, more than 41 sold at listed price and over 161 sold below. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. Listings spent 76 days on the market in November 2024, and had a median list price of $327,611 during the same period.

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

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