new - 3 days on rocket

452527 Shalimar Dr, New Orleans, LA, 70126

$169,900

Home List Price

$2,018*

Closing Credit

6 Bedrooms
2 Full Baths, 2 Partial
2,348 SqFt
$72/SqFt
Multi

Location

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452527 Shalimar Dr, New Orleans$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1970
HeatingCentral
CoolingCentral Air
MLS #2481177
Lot Size0.13 Acres
StatusActive

About 452527 Shalimar Dr

This all-brick duplex offers great potential for both investors and owner-occupants alike. With 3 bedrooms and 1.5 bathrooms on each side, this property features living areas, a functional layout, and the added benefit of a tenant-occupied unit generating $1260/month in rental income. This duplex is in average condition, with some updates over time but still offering plenty of potential for customization. It's move-in ready for tenants or the owner-occupant. Whether you're looking to live in one side and rent out the other, or invest in a property with existing rental income, this duplex offers flexible options. This property is a fantastic opportunity to own a solid, income-producing property. Property being sold As Is.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1970
  • Stories: 1
  • Living Area: 2,348 SqFt

Listing Office:

  • Office Name: Demand Realty
  • Office Phone: (504) 837-3000
  • Listing Agent: Liz Ashe
  • Agent Phone: (504) 401-4285

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take I 610 East toward Slidell, Exit Downman Rd 240A, Continue on Downman Rd and turn right on Dreux Ave, and right on Shalimar Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900
  • Price Per SqFt: $72/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

$325.6K

Med. Price/SqFt

$190

Avg. Days On Market

74

# of Sold Homes

276

452527 Shalimar Dr vs New Orleans

3 DAYS ON ROCKET

-71 Days

$169,900

-$155.7K Less

$72/SqFt

-$119 Less

KEY TAKEAWAY

This property is $155.7K less than the Median Sold Price and $119/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: #2481177

Listing Office:

  • Office Name: Demand Realty
  • Office Phone: (504) 837-3000
  • Listing Agent: Liz Ashe
  • Agent Phone: (504) 401-4285

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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: 1/6/2025, 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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$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-746348
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 0.15 miles

  • Public Charter Grades PK-6

school-card-donut-746349
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 2.23 miles

  • Public Charter Grades PK-4

school-card-donut-746350
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 3.81 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,799. Most New Orleans, LA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70126›452527 Shalimar Dr

This home is located at 452527 Shalimar Dr in New Orleans, LA and zip code 70126 in the New Orleans East Area neighborhood. This 2,348 square foot home, which was built in 1970, sits on a 0.13 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $169,900.

Over 26 listings were sold over their listed price in December 2024 in New Orleans, LA. In the same period over 204 listings were sold below the listed price and 46 listings were sold for the listed price. Between November 2024 and December 2024, New Orleans, LA real estate market has seen increase in the number of listings by 0.5%. While the average time on the market in December 2024 was 74 days, the median list price was $325,680.

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

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