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4905-07 Ray Ave, New Orleans, LA, 70126

$210,000

Home List Price

$2,494*

Closing Credit

8 Bedrooms
2 Full Baths
1,609 SqFt
$131/SqFt
Multi

Location

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4905-07 Ray Ave, New Orleans$210,000

Buyer Closing Credits

$2,494*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built2013
HeatingCentral
CoolingCentral Air
MLS #2472747
StatusActive

About 4905-07 Ray Ave

This multifamily property features two units, each with a living room, kitchen, two bedrooms, one bathroom, and separate electrical meters. One unit is currently tenant-occupied. This income-producing duplex makes an excellent owner-occupied or investment property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2013
  • Stories: 2
  • Living Area: 1,609 SqFt

Listing Office:

  • Office Name: Powerhouse Realty Group
  • Office Phone: (504) 203-5773
  • Listing Agent: Lakiesha Lindsey
  • Agent Phone: (504) 723-4764

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • Benjamin Franklin Elementary Math and Science, Public District Grades PK-8
  • Mahalia Jackson Elementary School, Public District Grades PK-2
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $210,000
  • Price Per SqFt: $131/SqFt
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Med. Sold Price

$324.9K

Med. Price/SqFt

$190

Avg. Days On Market

57

# of Sold Homes

205

4905-07 Ray Ave vs New Orleans

4 DAYS ON ROCKET

-53 Days

$210,000

-$114.9K Less

$131/SqFt

-$59 Less

KEY TAKEAWAY

This property is $114.9K less than the Median Sold Price and $59/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: #2472747

Listing Office:

  • Office Name: Powerhouse Realty Group
  • Office Phone: (504) 203-5773
  • Listing Agent: Lakiesha Lindsey
  • Agent Phone: (504) 723-4764

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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: 10/30/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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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.

Elementary School

school-card-donut-460700
2
/10
  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 6.54 miles

  • Public District Grades PK-2

school-card-donut-460701
5
/10
  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 6.70 miles

  • Public District Grades PK-6

Middle School

school-card-donut-460702
5
/10
  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 8.67 miles

  • Public District Grades PK-8

High School

school-card-donut-460703
6
/10
  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 4.32 miles

  • Public District Grades 9-12

school-card-donut-460704
4
/10
  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 7.68 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,611. Typical income of New Orleans, LA residents is less than $35k annually. The most common type of family is 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 HomesLouisianaOrleans CountyNew Orleans701264905-07 Ray Ave

This home is located at 4905-07 Ray Ave in New Orleans, LA and zip code 70126 in the Plum Orchard neighborhood. This 1,609 square foot home was built in 2013. Features: 8 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $210,000.

In September 2024 more than 21 listings in New Orleans, LA were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 151 were sold below. In September 2024 in New Orleans, LA there were 7.6% more homes for sale than in August 2024. Listings spent 57 days on the market in September 2024, and had a median list price of $324,981 during the same period.

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

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