1 month on rocket

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

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

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

4905-07 Ray Ave vs New Orleans

57 DAYS ON ROCKET

-19 Days

$210,000

-$117.6K Less

$131/SqFt

-$59 Less

KEY TAKEAWAY

This property is $117.6K 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: 12/22/2024, 8:20:53 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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$1,116

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-919042
4
/10
  • Kipp East Community

  • 6519 Virgilian St

  • 0.69 miles

  • Public Charter Grades PK-6

school-card-donut-919043
3
/10
  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 2.48 miles

  • Public Charter Grades PK-4

school-card-donut-919044
6
/10
  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 3.54 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,611. The majority of New Orleans, LA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

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 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 homes for sale in New Orleans, LA increased by 6.2% between October 2024 and November 2024. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $327,611.

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

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