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2933 Pine St, New Orleans, LA, 70125

$615,000

Home List Price

$7,303*

Closing Credit

8 Bedrooms
6 Full Baths
3,908 SqFt
$157/SqFt
Multi

Location

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2933 Pine St, New Orleans$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Off Street, One Space
Year Built1970
HeatingCentral
CoolingCentral Air
MLS #2473740
Lot Size0.12 Acres
StatusActive

About 2933 Pine St

Welcome to 2933 Pine Street, a two-story 4-plex situated in the charming Fountainbleau area of New Orleans, right next to the esteemed Dominican High School. This property presents a phenomenal opportunity for both seasoned and budding investors. Listed by its owner/agent. Built with symmetry and style, each of the four units mirrors its counterpart, offering a consistent and pleasing layout. The two ground-floor shotgun units feature 2 bedrooms and 2 bathrooms each, while the upper shotgun units mirror this configuration with one bath and a rear deck. All units boast modern conveniences, including washer and dryer hookups and central HVAC systems to ensure year-round comfort. Recent updates include a substantial renovation around 2015 and the addition of sleek hardwood floors in the lower units in 2018. Currently, all four units are rented, generating stable income with the highest rent reaching $1,450 per month. One unit comes with off-street parking for one car. A detailed rent roll is available to prospective buyers, illustrating the property’s lucrative potential. For investors looking to maximize their leverage, this property may be eligible for 3.5% down financing through FHA. Additionally, the seller is offering the possibility of financing the purchase via a bond for deed with attractive terms for the right buyer. Alternatively, you might choose to occupy one unit yourself and let the rental income from the other three cover your mortgage— a smart strategy for anyone looking to make their investment even more affordable. Don’t miss out on this exceptional opportunity to own a piece of New Orleans’s vibrant real estate market. Whether you’re expanding your portfolio or stepping into the world of investment for the first time, 2933 Pine Street offers both a great opportunity and a touch of Southern charm.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 2
  • Living Area: 3,908 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Karianne Chassee
  • Agent Phone: (225) 456-1363

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Porch

Parking Information:

  • Parking: Driveway, Off Street, One Space

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $3,328
  • 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

$325.6K

Med. Price/SqFt

$190

Avg. Days On Market

74

# of Sold Homes

276

2933 Pine St vs New Orleans

3 DAYS ON ROCKET

-71 Days

$615,000

+$289.3K More

$157/SqFt

-$34 Less

KEY TAKEAWAY

This property is $289.3K more than the Median Sold Price and $34/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: #2473740

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Karianne Chassee
  • Agent Phone: (225) 456-1363

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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: 1/6/2025, 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

Listing History

Nov 17, 2020Home Sold
$470,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,328$22,890
2019$3,458$22,890
2018$3,527$22,890
2017$3,368$22,890

History based on county public records data.

Payment Calculator

$3,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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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-683522
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.15 miles

  • Public Charter Grades KG-5

school-card-donut-683523
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.89 miles

  • Public Magnet Grades PK-5

school-card-donut-683524
4
/10

  • Joshua Butler Elementary School

  • 300 Fourth St

  • 3.87 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 $60,962. Typical income of New Orleans, LA residents is less than $35k annually. Residents typically live in single, no kids family. 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›70125›2933 Pine St

This home is located at 2933 Pine St in New Orleans, LA and zip code 70125 in the Fontainbleau / Marlyville neighborhood. This 3,908 square foot home, which was built in 1970, sits on a 0.12 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $615,000.

In December 2024 more than 26 listings in New Orleans, LA were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 204 were sold below. The number of homes for sale in New Orleans, LA increased by 0.5% between November 2024 and December 2024. In December 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $325,680.

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

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