3 months on rocket

460301 Francis Dr, New Orleans, LA, 70126

$100,000

Home List Price

$1,188*

Closing Credit

6 Bedrooms
4 Full Baths
2,508 SqFt
$40/SqFt
Multi

Location

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460301 Francis Dr, New Orleans$100,000

Buyer Closing Credits

$1,188*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1964
HeatingCentral
CoolingCentral Air
MLS #2454575
StatusActive

About 460301 Francis Dr

Welcome to a promising investment opportunity in Pine Village, New Orleans East. This double features two spacious residences, each boasting three bedrooms and two bathrooms, great for homeowners or investors seeking to capitalize on the vibrant local market. Awaiting a comprehensive renovation, this property offers a prime canvas for transformation and enhancement. The seller's inclusion of most renovation materials with the sale provides a substantial advantage, ensuring a cost-effective and efficient renovation process. Located in the peaceful Pine Village neighborhood, renowned for its community atmosphere and convenient access to local amenities, this property is perfectly positioned for future residents or tenants seeking a blend of suburban tranquility and urban convenience. Whether you envision crafting your dream home or maximizing rental potential in a burgeoning rental market, this double unit in Pine Village presents a rare opportunity to invest in a sought-after area of East New Orleans. Embrace the potential and reimagine this property into a lucrative asset tailored to your vision and goals.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1964
  • Stories: 2
  • Living Area: 2,508 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Frank Williams
  • Agent Phone: (985) 326-1858

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000
  • Price Per SqFt: $40/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

460301 Francis Dr vs New Orleans

114 DAYS ON ROCKET

+42 Days

$100,000

-$225.3K Less

$40/SqFt

-$149 Less

KEY TAKEAWAY

This property is $225.3K less than the Median Sold Price and $149/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: #2454575

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Frank Williams
  • Agent Phone: (985) 326-1858

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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, 7:20:49 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-408909
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 0.13 miles

  • Public Charter Grades PK-6

school-card-donut-408910
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 2.45 miles

  • Public Charter Grades PK-4

school-card-donut-408911
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 3.59 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. Residents of New Orleans, LA typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70126›460301 Francis Dr

This home is located at 460301 Francis Dr in New Orleans, LA and zip code 70126 in the New Orleans East Area neighborhood. This 2,508 square foot home was built in 1964. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $100,000.

Over 20 listings were sold over their listed price in October 2024 in New Orleans, LA. In the same period over 146 listings were sold below the listed price and 35 listings were sold for the listed price. The inventory of homes for sale in New Orleans, LA between September 2024 and October 2024 increased by 12.1%. Listings spent 72 days on the market in October 2024, and had a median list price of $325,365 during the same period.

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

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