3 months on rocket

8002 Trapier Ave, New Orleans, LA, 70127

$389,000

Home List Price

$4,619*

Closing Credit

8 Bedrooms
4 Full Baths
900 SqFt
$432/SqFt
Multi

Location

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8002 Trapier Ave, New Orleans$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCovered, Off Street, One Space
Year Built1970
HeatingCentral
CoolingCentral Air
MLS #2461161
Lot Size0.14 Acres
StatusActive

About 8002 Trapier Ave

Thank you for viewing! Pictures of other properties are also shown in this listing. Please read entire public remarks..Income producing 4 plex off Hayne Blvd, fully occupied, and recently renovated. All units consists of 2 bedrooms 1 bath and are all flats. Two units down and 2 units upstairs. When building was renovated, all major components were replaced. New privacy fence and security system installed. Storage unit and covered parking comes with each unit. Carpeted bedrooms, tile living area. cathedral ceiling in living room. Unit living area is approximate and not guaranteed. Washer/dryer hookups inside unit. No smoking, no pets. Tenants pay all utilities. Convenient location in New Orleans East off Hayne Blvd. All 4 floorplans are identical, mirror images. Here's your opportunity to obtain a profitable investment portfolio. Portfolio includes 3 fully furnished single family vacation/corporate rentals, 2 doubles, and a single family residence. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. Pictures of MLS#2461653, MLS#2461661, MLS#2461662, MLS# 2461163, MLS#2461658, MLS#2461660 are also included in this listing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1970
  • Stories: 1
  • Living Area: 900 SqFt

Listing Office:

  • Office Name: WEICHERT, REALTORS - Prestige Homes
  • Office Phone: (504) 239-1549
  • Listing Agent: Darlene Plaia
  • Agent Phone: (504) 239-1549

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Covered, Off Street, One Space

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Haynes to Trapier

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $432/SqFt

Tax Information:

  • Annual Amount: $2,181
  • 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

8002 Trapier Ave vs New Orleans

111 DAYS ON ROCKET

+35 Days

$389,000

+$61.3K More

$432/SqFt

+$242 More

KEY TAKEAWAY

This property is $61.3K more than the Median Sold Price and $242/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: #2461161

Listing Office:

  • Office Name: WEICHERT, REALTORS - Prestige Homes
  • Office Phone: (504) 239-1549
  • Listing Agent: Darlene Plaia
  • Agent Phone: (504) 239-1549

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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: 12/23/2024, 4:20:52 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

Feb 28, 2005Home Sold
$161,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,181$15,000
2019$2,266$15,000
2018$2,311$15,000
2017$2,207$15,000

History based on county public records data.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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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-1141365
4
/10

  • Kipp East Community

  • 6519 Virgilian St

  • 2.32 miles

  • Public Charter Grades PK-6

school-card-donut-1141366
6
/10

  • Einstein Charter at Sherwood Forest

  • 4801 Maid Marion Dr

  • 2.50 miles

  • Public Charter Grades PK-5

school-card-donut-1141367
4
/10

  • Einstein Charter School at Village de L'Est

  • 5316 Michoud Blvd

  • 3.89 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,040. Most New Orleans, LA residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70127›8002 Trapier Ave

This home is located at 8002 Trapier Ave in New Orleans, LA and zip code 70127 in the New Orleans East Area neighborhood. This 900 square foot home, which was built in 1970, sits on a 0.14 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $389,000.

New Orleans, LA housing market in November 2024 saw over 29 listings sold above listed price, more than 41 sold at listed price and over 161 sold below. Between October 2024 and November 2024, New Orleans, LA real estate market has seen increase in the number of listings by 6.2%. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $327,611.

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

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