new - 6 days on rocket

7018 S Claiborne Ave, New Orleans, LA, 70118

$625,000

Home List Price

$7,422*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
3,593 SqFt
$174/SqFt
Multi

Location

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7018 S Claiborne Ave, New Orleans$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway, Off Street, Three or more Spaces
Year Built1933
HeatingCentral, Ductless, Wall Furnace
CoolingCentral Air, Ductless, Wall Unit(s)
MLS #2477980
StatusActive

About 7018 S Claiborne Ave

Fully furnished triplex with off-street parking located just steps from Tulane and Loyola Universities! Nestled in desirable Uptown, this cash flowing property offers a fantastic investment opportunity. It has a strong rental history while two of three units are currently leased through mid-2025. The two bedroom unit is currently vacant but last leased for $1,750/mo. Recent cosmetic updates include freshly painted interior walls and new floors throughout the majority of the building. The roof was replaced in 2021. Property is complete with a spacious backyard and detached storage shed. Don't miss out on this prime location for high student demand!

Property Details

Property Features

Property Information:

  • Year Built: 1933
  • Stories: 2
  • Living Area: 3,593 SqFt

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Katherine Bosio
  • Agent Phone: (504) 756-2088

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Enclosed Porch, Fence

Parking Information:

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

Lot Features

Lot Information:

  • Lot: City Lot, Irregular Lot

Utilities

Utilities Information:

  • Heating: Central, Ductless, Wall Furnace
  • Cooling: Central Air, Ductless, Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $174/SqFt

Tax Information:

  • Annual Amount: $7,224
  • 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

7018 S Claiborne Ave vs New Orleans

6 DAYS ON ROCKET

-70 Days

$625,000

+$297.3K More

$174/SqFt

-$16 Less

KEY TAKEAWAY

This property is $297.3K more than the Median Sold Price and $16/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: #2477980

Listing Office:

  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Listing Agent: Katherine Bosio
  • Agent Phone: (504) 756-2088

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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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, 6:20:54 PM 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 22, 2020Home Sold
$588,750
Aug 25, 2016Home Sold
$484,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,224$49,690
2019$7,507$49,690
2018$7,656$49,690
2017$7,310$49,690

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-1772746
1
/10

  • Noble Minds

  • 1333 S Carrollton Ave

  • 0.76 miles

  • Public Charter Grades KG-5

school-card-donut-1772747
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.32 miles

  • Public Magnet Grades PK-5

school-card-donut-1772748
4
/10

  • Joshua Butler Elementary School

  • 300 Fourth St

  • 3.29 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 $109,069. The most common annual income of people living in New Orleans, LA is between $100k-200k. Most families are 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›70118›7018 S Claiborne Ave

This home is located at 7018 S Claiborne Ave in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 3,593 square foot home was built in 1933. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $625,000.

Over 29 listings were sold over their listed price in November 2024 in New Orleans, LA. In the same period over 161 listings were sold below the listed price and 41 listings were sold for the listed price. The number of homes for sale 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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