7 months on rocket

312022 Law St, New Orleans, LA, 70117

$230,000

Home List Price

$2,731*

Closing Credit

4 Bedrooms
2 Full Baths
1,440 SqFt
$160/SqFt
Multi

Location

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312022 Law St, New Orleans$230,000

Buyer Closing Credits

$2,731*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street, Two Spaces, Driveway
Year Built2013
HeatingCentral
CoolingCentral Air
MLS #2442476
Lot Size0.15 Acres
StatusActive

About 312022 Law St

Great investment opportunity in the Upper Ninth Ward. This duplex is in good condition with off street parking. Currently leased for $1000.00/month for unit one and $1050.00/month for unit 2.

Property Details

Property Features

Property Information:

  • Year Built: 2013
  • Stories: 1
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: True Asset Realty, LLC
  • Office Phone: (504) 214-3552
  • Listing Agent: Mary Hall
  • Agent Phone: (504) 214-3552

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Permeable Paving

Parking Information:

  • Parking: Off Street, Two Spaces, Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $230,000
  • Price Per SqFt: $160/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

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

312022 Law St vs New Orleans

218 DAYS ON ROCKET

+146 Days

$230,000

-$95.3K Less

$160/SqFt

-$29 Less

KEY TAKEAWAY

This property is $95.3K less than the Median Sold Price and $29/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: #2442476

Listing Office:

  • Office Name: True Asset Realty, LLC
  • Office Phone: (504) 214-3552
  • Listing Agent: Mary Hall
  • Agent Phone: (504) 214-3552

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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: 11/21/2024, 1:20:50 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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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-305987
8
/10

  • Arabi Elementary School

  • 7200 Alexander Ave

  • 1.06 miles

  • Public District Grades PK-5

school-card-donut-305988
5
/10

  • Chalmette Elementary School

  • 75 E Chalmette Cir

  • 2.32 miles

  • Public District Grades PK-5

school-card-donut-305989
6
/10

  • Arlene Meraux Elementary School

  • 4004 Paris Rd

  • 2.85 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 $30,250. Residents of New Orleans, LA typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›312022 Law St

This home is located at 312022 Law St in New Orleans, LA and zip code 70117 in the Lower Ninth Ward neighborhood. This 1,440 square foot home, which was built in 2013, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $230,000.

In October 2024 more than 20 listings in New Orleans, LA were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 146 were sold below. In October 2024 in New Orleans, LA there were 12.1% more homes for sale than in September 2024. While the average time on the market in October 2024 was 72 days, the median list price was $325,365.

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

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