new - 3 days on rocket

2830-32 Palmer Ave, New Orleans, LA, 70118

$725,000

Home List Price

$8,609*

Closing Credit

8 Bedrooms
4 Full Baths
3,632 SqFt
$200/SqFt
Multi

Location

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2830-32 Palmer Ave, New Orleans$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street, Three or more Spaces
Year Built1932
HeatingCentral
CoolingCentral Air
MLS #2480007
StatusActive

About 2830-32 Palmer Ave

University-area cash cow with off-street parking in desirable Uptown location! Nestled on a tree-lined street, this fully occupied duplex has an annual income of $86,400! Each top and bottom unit has 4 bedrooms and 2 bathrooms renting for $3,600/mo. The property boasts separate water and electric meters. It has a strong rental history and is currently leased through May 2025. The roof was replaced in 2021. Property is complete with a spacious backyard and detached carport. Don't miss out on this unique investment opportunity with high student demand!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1932
  • Stories: 2
  • Living Area: 3,632 SqFt

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Katherine Bosio
  • Agent Phone: (504) 756-2088

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Off Street, 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: $725,000
  • Price Per SqFt: $200/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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

2830-32 Palmer Ave vs New Orleans

3 DAYS ON ROCKET

-73 Days

$725,000

+$397.3K More

$200/SqFt

+$10 More

KEY TAKEAWAY

This property is $397.3K more than the Median Sold Price and $10/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: #2480007

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Katherine Bosio
  • Agent Phone: (504) 756-2088

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: 12/21/2024, 9:20:53 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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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-789089
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.21 miles

  • Public Charter Grades KG-5

school-card-donut-789090
4
/10

  • Joshua Butler Elementary School

  • 300 Fourth St

  • 2.23 miles

  • Public District Grades PK-5

school-card-donut-789091
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. The majority of New Orleans, LA residents have income $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›2830-32 Palmer Ave

This home is located at 2830-32 Palmer Ave in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 3,632 square foot home was built in 1932. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $725,000.

In November 2024 more than 29 listings in New Orleans, LA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 161 were sold below. Between October 2024 and November 2024, New Orleans, LA real estate market has seen increase in the number of listings by 6.2%. 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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