19 days on rocket

53840 Lowerline St, New Orleans, LA, 70118

$899,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Full Baths
3,200 SqFt
$281/SqFt
Multi

Location

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53840 Lowerline St, New Orleans$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport, Off Street
Year Built1926
HeatingCentral
CoolingCentral Air
MLS #2475966
StatusActive

About 53840 Lowerline St

This two-unit, fully leased property is an ideal investment in the heart of Uptown New Orleans! Offering a total of 6 bedrooms and 5 bathrooms, this income-generating property combines historic charm with modern updates, just minutes from Audubon Park, Tulane and Loyola Universities, and Magazine Street. Each unit features spacious living and dining areas, hardwood floors, high ceilings, and well-appointed kitchens. The primary unit includes a luxurious suite with a walk-in closet and spa-inspired bath. Outdoors, a landscaped yard offers versatile outdoor living space. With ample square footage an off-street parking featuring a carport, plus a fantastic location, this one is hard to beat!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1926
  • Stories: 2
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Upper Management Realty, LLC
  • Office Phone: (504) 895-1241
  • Listing Agent: Olivia Ford
  • Agent Phone: (504) 343-1837

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Carport, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $281/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

53840 Lowerline St vs New Orleans

19 DAYS ON ROCKET

-57 Days

$899,000

+$571.3K More

$281/SqFt

+$91 More

KEY TAKEAWAY

This property is $571.3K more than the Median Sold Price and $91/SqFt more 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: #2475966

Listing Office:

  • Office Name: Upper Management Realty, LLC
  • Office Phone: (504) 895-1241
  • Listing Agent: Olivia Ford
  • Agent Phone: (504) 343-1837

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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: 12/11/2024, 8:20:53 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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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-1826181
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 1.46 miles

  • Public Charter Grades KG-5

school-card-donut-1826182
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 1.70 miles

  • Public Magnet Grades PK-5

school-card-donut-1826183
7
/10

  • Marie Riviere Elementary School

  • 1564 Lake Ave

  • 3.84 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 $22,809. The majority of New Orleans, LA residents have income less than $35k annually. The majority of 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›70118›53840 Lowerline St

This home is located at 53840 Lowerline St in New Orleans, LA and zip code 70118 in the Gert Town neighborhood. This 3,200 square foot home was built in 1926. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $899,000.

In November 2024, from all listings sold in New Orleans, LA there were more than 29 sold above asking price, over 161 sold below and more than 41 were sold right at the asked price. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. 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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