1 month on rocket

41719 40th St, New Orleans, LA, 70124

$485,000

Home List Price

$5,759*

Closing Credit

6 Bedrooms
4 Full Baths
3,050 SqFt
$159/SqFt
Multi

Location

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41719 40th St, New Orleans$485,000

Buyer Closing Credits

$5,759*

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: $485,000
  • Price Per SqFt: $159/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

41719 40th St vs New Orleans

45 DAYS ON ROCKET

-31 Days

$485,000

+$157.3K More

$159/SqFt

-$31 Less

KEY TAKEAWAY

This property is $157.3K more than the Median Sold Price and $31/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

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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, 9:20:54 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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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-4468684
7
/10
  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-4468685
10
/10
  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.41 miles

  • Public Magnet Grades PK-5

school-card-donut-4468686
3
/10
  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 4.04 miles

  • Public Charter Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,500. Most New Orleans, LA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesLouisianaOrleans CountyNew Orleans7012441719 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 $485,000.

In November 2024 more than 29 listings in New Orleans, LA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 161 were sold below. The number of listings in New Orleans, LA increased by 6.2% between October 2024 and November 2024. 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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