11 months on rocket

451315 Banks St, New Orleans, LA, 70119

$435,000

Home List Price

$5,166*

Closing Credit

4 Bedrooms
4 Full Baths
1,850 SqFt
$235/SqFt
Multi

Location

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451315 Banks St, New Orleans$435,000

Buyer Closing Credits

$5,166*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1975
HeatingCentral
CoolingCentral Air
MLS #2428025
StatusActive

About 451315 Banks St

Open House Sunday, January 14th from 3:30-4:30. Amazing duplex in Mid-City that has the potential of an assumable FHA loan at 2.75% for qualified buyers. This property is an amazing investment opportunity for an owner-occupant with great rental value and multiple income possibilities. Both units have identical non-shotgun floor plans. Very low maintenance. Upper unit offers a covered balcony with beautiful views of the oak trees on Banks Street. 2 Full baths for each unit as well as a washer and dryer for each. Walking distance to everything Mid-City has to offer. With recent cosmetic upgrades, this is an opportunity you can't miss.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1975
  • Stories: 2
  • Living Area: 1,850 SqFt

Listing Office:

  • Office Name: Forte Realty, LLC
  • Office Phone: (504) 276-2668
  • Listing Agent: Blaine Loupe
  • Agent Phone: (504) 858-0031

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $435,000
  • Price Per SqFt: $235/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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

451315 Banks St vs New Orleans

350 DAYS ON ROCKET

+274 Days

$435,000

+$107.3K More

$235/SqFt

+$45 More

KEY TAKEAWAY

This property is $107.3K more than the Median Sold Price and $45/SqFt more 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: #2428025

Listing Office:

  • Office Name: Forte Realty, LLC
  • Office Phone: (504) 276-2668
  • Listing Agent: Blaine Loupe
  • Agent Phone: (504) 858-0031

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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, 9:20:53 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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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-98324
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.35 miles

  • Public Charter Grades PK-5

school-card-donut-98325
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.58 miles

  • Public District Grades PK-5

school-card-donut-98326
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 2.13 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

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 Homes›Louisiana›Orleans County›New Orleans›70119›451315 Banks St

This home is located at 451315 Banks St in New Orleans, LA and zip code 70119 in the Lower Garden District neighborhood. This 1,850 square foot home was built in 1975. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $435,000.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 76 days, the median list price was $327,611.

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

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