8 months on rocket

Backup Offers

50002 S Gayoso St, New Orleans, LA, 70119

$119,900

Home List Price

$1,424*

Closing Credit

4 Bedrooms
2 Full Baths
1,551 SqFt
$77/SqFt
Multi

Location

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50002 S Gayoso St, New Orleans$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1940
HeatingNone
CoolingNone
MLS #2444836
StatusAccepting Backup Offers
(Active Under Contract)

About 50002 S Gayoso St

Renovation/investment opportunity conveniently located in Mid-City near public transportation, shopping, restaurants. Close to downtown and I-10. Current building is in poor condition and needs full renovation. Buyer to do due diligence. No utilities and will not be turned on to show or during inspections.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,551 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Adrienne LaBauve
  • Agent Phone: (504) 344-0877

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $77/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

50002 S Gayoso St vs New Orleans

240 DAYS ON ROCKET

+164 Days

$119,900

-$207.7K Less

$77/SqFt

-$113 Less

KEY TAKEAWAY

This property is $207.7K less than the Median Sold Price and $113/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: #2444836

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Listing Agent: Adrienne LaBauve
  • Agent Phone: (504) 344-0877

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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, 12:20:53 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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$666

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-975952
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.31 miles

  • Public Charter Grades KG-5

school-card-donut-975953
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.62 miles

  • Public Magnet Grades PK-5

school-card-donut-975954
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 3.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,929. The most common annual income of people living in New Orleans, LA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›50002 S Gayoso St

This home is located at 50002 S Gayoso St in New Orleans, LA and zip code 70119 in the Uptown / Carrollton neighborhood. This 1,551 square foot home was built in 1940. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $119,900.

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 listings in New Orleans, LA increased by 6.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $327,611, while the average time on the real estate market was 76 days.

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

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