12 days on rocket

41719 40th St, New Orleans, LA, 70124

$500,000

Home List Price

$5,938*

Closing Credit

6 Bedrooms
4 Full Baths
3,050 SqFt
$164/SqFt
Multi

Location

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41719 40th St, New Orleans$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street, Two Spaces
Year Built1963
HeatingCentral
CoolingCentral Air
MLS #2474150
Lot Size0.12 Acres
StatusActive

About 41719 40th St

Attention Investors! Don’t miss this chance to acquire an income-generating property in the highly desirable Lakeview neighborhood of New Orleans. Located just one block from Fleur De Lis Park and within walking distance of the lakefront, this newly renovated duplex appeals to both tenants and owner-occupants. The kitchen boasts granite countertops, modern cabinetry, and stainless-steel appliances, all of which will remain with the property. Each unit features a private, fenced backyard with a patio—perfect for morning coffee, cookouts, relaxation, and pets. The upstairs unit is currently rented for $2,000 per month with long-term tenants, while the downstairs unit is rented at $1,900 per month. The owner is also selling another duplex (MLS #2434646). Purchase both properties to own four easily rentable, well-maintained units that can significantly enhance your investment portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Stories: 2
  • Living Area: 3,050 SqFt

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Caitlin Brewster
  • Agent Phone: (504) 919-5759

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Off Street, Two Spaces

Lot Features

Lot Information:

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

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $164/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

41719 40th St vs New Orleans

12 DAYS ON ROCKET

-60 Days

$500,000

+$174.6K More

$164/SqFt

-$25 Less

KEY TAKEAWAY

This property is $174.6K more than the Median Sold Price and $25/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: #2474150

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Caitlin Brewster
  • Agent Phone: (504) 919-5759

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: 11/15/2024, 4:20:48 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-404053
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-404054
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.41 miles

  • Public Magnet Grades PK-5

school-card-donut-404055
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 4.04 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,500. Residents of New Orleans, LA typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70124›41719 40th St

This home is located at 41719 40th St in New Orleans, LA and zip code 70124 in the West End neighborhood. This 3,050 square foot home, which was built in 1963, sits on a 0.12 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $500,000.

In October 2024, from all listings sold in New Orleans, LA there were more than 20 sold above asking price, over 146 sold below and more than 35 were sold right at the asked price. The number of homes for sale in New Orleans, LA increased by 12.1% between September 2024 and October 2024. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $325,365.

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

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