5 months on rocket

583032 S Robertson St, New Orleans, LA, 70115

$1,300,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths, 1 Partial
5,698 SqFt
$228/SqFt
Multi

Location

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583032 S Robertson St, New Orleans$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, Parking Lot, Three or more Spaces, Driveway
Year Built1920
HeatingCentral, Other
CoolingCentral Air, Window Unit(s)
MLS #2452518
StatusActive

About 583032 S Robertson St

Discover this rare income producing four-plex in the heart of the university area- just minutes from Tulane & Loyola campuses! This exquisite property offers a blend of historic charm and modern conveniences. Fully rented, it generates a significant passive income of $10,800/month, making it a robust income producer. All four units offer in-unit laundry and generous living spaces, each with unique features that enhance their charm. The 2 upper units boast high ceilings and historic details, while the 2 lower apartments feature modern kitchen updates. The property includes an expansive parking lot and a one-car garage, providing convenient parking and storage options for residents. Within walking distance to the bustling Freret corridor with a plethora of shops and restaurants, it's prime location attracts a diverse tenant base, ensuring consistent demand. With its mix of charm, convenient location, and strong income potential, this four plex is a solid investment opportunity. Call to schedule your private showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 3
  • Living Area: 5,698 SqFt

Listing Office:

  • Office Name: FQR Realtors
  • Office Phone: (504) 949-5400
  • Listing Agent: Amber Neill
  • Agent Phone: (504) 875-5566

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Exterior: Courtyard, Fence, Permeable Paving

Parking Information:

  • Parking: Off Street, Parking Lot, Three or more Spaces, Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: Heading uptown on St. Charles - Right on State - Right on S. Robertson

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $228/SqFt
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Housing Market Comparison

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

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

583032 S Robertson St vs New Orleans

159 DAYS ON ROCKET

+87 Days

$1,300,000

+$974.6K More

$228/SqFt

+$39 More

KEY TAKEAWAY

This property is $974.6K more than the Median Sold Price and $39/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: #2452518

Listing Office:

  • Office Name: FQR Realtors
  • Office Phone: (504) 949-5400
  • Listing Agent: Amber Neill
  • Agent Phone: (504) 875-5566

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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: 11/14/2024, 6:20:57 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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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-259926
8
/10
  • Arabi Elementary School

  • 7200 Alexander Ave

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-259927
5
/10
  • Chalmette Elementary School

  • 75 E Chalmette Cir

  • 1.97 miles

  • Public District Grades PK-5

school-card-donut-259928
6
/10
  • Arlene Meraux Elementary School

  • 4004 Paris Rd

  • 2.88 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,000. Residents of New Orleans, LA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Louisiana›Orleans County›New Orleans›70115›583032 S Robertson St

This home is located at 583032 S Robertson St in New Orleans, LA and zip code 70115 in the Lower Ninth Ward neighborhood. This 5,698 square foot home was built in 1920. Features: 12 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 08, 2024 and is currently priced at $1,300,000.

While more than 20 listings in New Orleans, LA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 146 were sold below. The number of homes for sale in New Orleans, LA increased by 12.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 72 days, the median list price was $325,365.

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

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