1 year on rocket

5215 Arts St, New Orleans, LA, 70122

$229,000

Home List Price

$2,719*

Closing Credit

4 Bedrooms
2 Full Baths
1,684 SqFt
$136/SqFt
Multi

Location

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5215 Arts St, New Orleans$229,000

Buyer Closing Credits

$2,719*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1988
HeatingCentral
CoolingCentral Air
MLS #2422313
Lot Size0.11 Acres
StatusActive

About 5215 Arts St

Looking for an investment property in the heart of Gentilly? Located a block from Filmore and two blocks from Elysian Fields with UNO down the street, this multifamily property should be your next deal and will stay occupied. Located in a low plain flood zone, completely occupied, this will give you cash flow immediately. Why not enjoy passive income? Seller requires all showings to be prequalified to not inconvenience the tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1988
  • Stories: 1
  • Living Area: 1,684 SqFt

Listing Office:

  • Office Name: AT Home Realty Group
  • Office Phone: (504) 233-0970
  • Listing Agent: Andrea Tyler
  • Agent Phone: (504) 352-6063

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,000
  • Price Per SqFt: $136/SqFt

Tax Information:

  • Annual Amount: $2,016
  • Tax Year: 2020
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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

5215 Arts St vs New Orleans

403 DAYS ON ROCKET

+327 Days

$229,000

-$98.6K Less

$136/SqFt

-$54 Less

KEY TAKEAWAY

This property is $98.6K less than the Median Sold Price and $54/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: #2422313

Listing Office:

  • Office Name: AT Home Realty Group
  • Office Phone: (504) 233-0970
  • Listing Agent: Andrea Tyler
  • Agent Phone: (504) 352-6063

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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: 12/18/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 07, 2017Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,016$13,870
2019$1,812$12,000
2018$1,849$12,000

History based on county public records data.

Payment Calculator

$1,210

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$753

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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-4406303
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 0.29 miles

  • Public Charter Grades PK-4

school-card-donut-4406304
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 2.30 miles

  • Public Charter Grades PK-6

school-card-donut-4406305
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 4.21 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 $38,900. The most common annual income of people living in New Orleans, LA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70122›5215 Arts St

This home is located at 5215 Arts St in New Orleans, LA and zip code 70122 in the Gentilly Terrace neighborhood. This 1,684 square foot home, which was built in 1988, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 11, 2023 and is currently priced at $229,000.

While more than 29 listings in New Orleans, LA in November 2024 were sold above asking price, there were more than 41 listings sold at asking price, and 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. While the average time on the market in November 2024 was 76 days, the median list price was $327,611.

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

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