9 months on rocket

1141 Frenchmen St, New Orleans, LA, 70116

$499,000

Home List Price

$5,926*

Closing Credit

8 Bedrooms
5 Full Baths
3,364 SqFt
$148/SqFt
Multi
Schools Nearby

Location

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1141 Frenchmen St, New Orleans$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1898
HeatingCentral
CoolingCentral Air, Other
MLS #2402984
StatusActive

About 1141 Frenchmen St

REDUCED!!! Colorful triplex in fabulous New Marigny location between the French Quarter and Bywater neighborhoods! Walk to restaurants, nightlife, music. Blocks from St. Roch market, NOCCA, N7, Bacchanal. Spacious five bedroom owner's unit overlooks a community garden. First floor has two rental units: Unit 101 is two bedroom, two bath with full kitchen, and unit 102 is potentially one bedroom and bath or simply extra storage. Flood zone X500L. Roof less than a year old. Simplisafe system not included in sale, but smart locks and Ring camera will stay. Measurements are approximate and not guaranteed. Any permitted/conditional zones uses including STR, B&B to be verified by purchaser. SOLD AS IS. SELLER WILL MAKE NO REPAIRS. Please see video tour by copying and pasting link into your browser: https://go.nolaremarketing.com/1141FrenchmenStMLS

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1898
  • Stories: 1
  • Living Area: 3,364 SqFt

Listing Office:

  • Office Name: LATTER & BLUM
  • Office Phone: (504) 861-7575
  • Listing Agent: KATE PATIN
  • Agent Phone: (504) 616-6742

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Other

School Info

Assigned Schools Information:

  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • Benjamin Franklin Elementary Math and Science, Public District Grades PK-8
  • Mahalia Jackson Elementary School, Public District Grades PK-2
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6

Other

Directions Information:

  • Directions: Downtown on N. Rampart to St. Claude, left on Frenchmen, property on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $148/SqFt

Tax Information:

  • Annual Amount: $4,895
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

1141 Frenchmen St vs New Orleans

293 DAYS ON ROCKET

+226 Days

$499,000

+$169.8K More

$148/SqFt

-$44 Less

KEY TAKEAWAY

This property is $169.8K more than the Median Sold Price and $44/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: #2402984

Listing Office:

  • Office Name: LATTER & BLUM
  • Office Phone: (504) 861-7575
  • Listing Agent: KATE PATIN
  • Agent Phone: (504) 616-6742

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: 4/29/2024, 10:25:16 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

May 08, 2017Home Sold
$445,000
May 26, 2005Home Sold
$207,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,895$40,500
2019$5,014$40,050
2018$6,171$40,050
2017$2,735$18,590

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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.

Elementary School

school-card-donut-3031465
2
/10
  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.51 miles

  • Public District Grades PK-2

school-card-donut-3031466
5
/10
  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.38 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3031467
4
/10
  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 4.65 miles

  • Public District Grades PK-8

High School

school-card-donut-3031468
2
/10
  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.41 miles

  • Public District Grades 9-12

school-card-donut-3031469
4
/10
  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 3.73 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,429. Typical income of New Orleans, LA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesLouisianaOrleans CountyNew Orleans701161141 Frenchmen St

This home is located at 1141 Frenchmen St in New Orleans, LA and zip code 70116 in the Seventh Ward neighborhood. This 3,364 square foot home was built in 1898. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 10, 2023 and is currently priced at $499,000.

In March 2024, from all listings sold in New Orleans, LA there were more than 30 sold above asking price, over 206 sold below and more than 43 were sold right at the asked price. The number of homes for sale in New Orleans, LA increased by 16.8% between February 2024 and March 2024. In March 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $329,132.

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

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