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342426 Banks St, New Orleans, LA, 70119

$400,000

Home List Price

$4,750*

Closing Credit

4 Bedrooms
3 Full Baths
2,524 SqFt
$158/SqFt
Multi

Location

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342426 Banks St, New Orleans$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1897
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #2481927
Lot Size0.09 Acres
StatusActive

About 342426 Banks St

LOCATION! LOCATION! LOCATION! Exceptional investment opportunity in the heart of Mid-City, just steps from the Street Car, buses & everything this vibrant neighborhood has to offer. This charming double features a cozy front porch & offers private, stylish living with modern upgrades, all in one of the city's most sought-after areas! Both units have been updated with **new deluxe HVAC systems** (with 10-year warranties), a **new tankless water heater**, & a **NEW ROOF**. The property retains its beautiful original wood floors, decorative fireplaces w charming mantels & tiled hearths, & stunning early 20th-century Craftsman-style architecture. Each unit boasts fully equipped eat-in kitchens & its own washer & dryer. The 3426 side offers a versatile layout with a living room, den, dining area, & 2 private bedrooms, including a lofted bedroom with a full bath & a huge walk-in closet. An additional full bathroom is conveniently located downstairs. The unit also has a beautiful brick-paved backyard with easy maintenance landscaping, an 8-ft privacy fence, & a 12'x4' cedar shed for extra storage. The 3424 side provides a spacious living & dining area, along w 2 bedrooms, making it ideal for a variety of living situations. Located in a highly **walkable Mid-City neighborhood**, this property is just moments away from Bayou St. John, Whole Foods, tons of dining, Tulane Med School, Xavier University, LSU Health Sciences, LCMC, & the VA Hospital. A short 3 miles to City Park, & only 10 minutes to the French Quarter, or Metairie, with easy access to major highways & the airport. Plus, it's just a stone’s throw from the Endymion parade route during Mardi Gras! Lights & gas are separately metered, 1 water meter w an average bill of $75 a month. 3424 recently rented for $1,850/month, with 3426 projected to rent for $2,100/month. Great for owner occupants or investors! Copy links for 3D tours. 3424 3D TOUR -- https://bit.ly/3424Banks & 3426 3D TOUR -- https://bit.ly/3426Banks

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1897
  • Stories: 2
  • Living Area: 2,524 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Sonnie Harmon
  • Agent Phone: (504) 301-7606

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $158/SqFt
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Med. Sold Price

$325.6K

Med. Price/SqFt

$190

Avg. Days On Market

74

# of Sold Homes

276

342426 Banks St vs New Orleans

1 DAY ON ROCKET

-73 Days

$400,000

+$74.3K More

$158/SqFt

-$33 Less

KEY TAKEAWAY

This property is $74.3K more than the Median Sold Price and $33/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: #2481927

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Listing Agent: Sonnie Harmon
  • Agent Phone: (504) 301-7606

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Last updated on: 1/11/2025, 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

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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-1782778
6
/10
  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.35 miles

  • Public Charter Grades PK-5

school-card-donut-1782779
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.58 miles

  • Public District Grades PK-5

school-card-donut-1782780
10
/10
  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.13 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,128. The majority of New Orleans, LA residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesLouisianaOrleans CountyNew Orleans70119342426 Banks St

This home is located at 342426 Banks St in New Orleans, LA and zip code 70119 in the Lower Garden District neighborhood. This 2,524 square foot home, which was built in 1897, sits on a 0.09 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $400,000.

In December 2024, from all listings sold in New Orleans, LA there were more than 26 sold above asking price, over 204 sold below and more than 46 were sold right at the asked price. The inventory of homes for sale in New Orleans, LA between November 2024 and December 2024 increased by 0.5%. Listings spent 74 days on the market in December 2024, and had a median list price of $325,680 during the same period.

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

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