2 months on rocket

Backup Offers

3526 Louisiana Ave Parkway, New Orleans, LA, 70125

$199,900

Home List Price

$2,374*

Closing Credit

4 Bedrooms
2 Full Baths
2,200 SqFt
$91/SqFt
Multi

Location

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3526 Louisiana Ave Parkway, New Orleans$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street
Year Built1953
HeatingOther
CoolingWindow Unit(s)
MLS #2470012
StatusAccepting Backup Offers
(Active Under Contract)

About 3526 Louisiana Ave Parkway

Fantastic Cash Flow Opportunity! This well-maintained duplex offers two spacious 2 bed/1 bath units, each approximately 1,100 sq ft, totaling 4 beds, 2 baths, and 2,200 sq ft. One unit is vacant, and the other will be vacant by the time of sale— investors or house hackers. Market rents for similar 2-bedroom units range from $1,300 to $1,600 per month. While the age of the roof is unknown and the property uses window units for cooling (no central HVAC), this duplex is primed for rental income with minimal effort. Don’t miss this income-generating opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1953
  • Stories: 2
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Star Realty
  • Office Phone: (985) 400-8667
  • Listing Agent: Christian Perez
  • Agent Phone: (504) 723-0950

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $91/SqFt
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Housing Market Comparison

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

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

3526 Louisiana Ave Parkway vs New Orleans

77 DAYS ON ROCKET

+1 Day

$199,900

-$127.7K Less

$91/SqFt

-$99 Less

KEY TAKEAWAY

This property is $127.7K less than the Median Sold Price and $99/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: #2470012

Listing Office:

  • Office Name: Star Realty
  • Office Phone: (985) 400-8667
  • Listing Agent: Christian Perez
  • Agent Phone: (504) 723-0950

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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: 12/18/2024, 10:20:54 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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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-4497859
1
/10
  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.91 miles

  • Public Charter Grades KG-5

school-card-donut-4497860
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.84 miles

  • Public District Grades PK-5

school-card-donut-4497861
10
/10
  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.92 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,000. Residents of New Orleans, LA typically earn less than $35k each year. The majority of families are 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 HomesLouisianaOrleans CountyNew Orleans701253526 Louisiana Ave Parkway

This home is located at 3526 Louisiana Ave Parkway in New Orleans, LA and zip code 70125 in the Milan neighborhood. This 2,200 square foot home was built in 1953. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $199,900.

In November 2024, from all listings sold in New Orleans, LA there were more than 29 sold above asking price, over 161 sold below and more than 41 were sold right at the asked price. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. The median list price of listings available in November 2024 was $327,611, while the average time on the real estate market was 76 days.

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

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