2 months on rocket

1418 Jourdan Ave, New Orleans, LA, 70117

$120,000

Home List Price

$1,425*

Closing Credit

5 Bedrooms
4 Full Baths
2,297 SqFt
$52/SqFt
Multi
Schools Nearby

Location

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1418 Jourdan Ave, New Orleans$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street, Two Spaces
Year Built1945
HeatingCentral
CoolingCentral Air
MLS #2433448
StatusActive

About 1418 Jourdan Ave

CALLING ALL INVESTORS! INCOME PRODUCING DUPLEX in the 9th ward, minutes from the vibrant neighborhood attractions of the Bywater, Marigny, and the Historic French Quarter. Unit A has 2 bedrooms and 2 bathrooms and Unit B includes 3 Full Bedrooms and 2 bathrooms. Roof is ONLY 1.5 years young! Kitchens feature gas stove/ovens and tiles floors for easy maintenance. Unit B is tenant occupied through end of February. Unit A is newly vacant. Rent potential is OVER $2800 per month. Fenced yard with backyard storage for both units. Separate driveways for off-street parking. Located in the desirable Flood Zone X! Property has deferred maintenance but with some TLC, this will be CASH COW investment opportunity. Priced to sell quickly! Don't miss out on this great investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1945
  • Stories: 2
  • Living Area: 2,297 SqFt

Listing Office:

  • Office Name: Nola Home Realty Group
  • Office Phone: (504) 521-1100
  • Listing Agent: Melissa McClendon
  • Agent Phone: (504) 417-5131

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Driveway, Off Street, Two Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $52/SqFt

Tax Information:

  • Annual Amount: $1,419
  • 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

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

1418 Jourdan Ave vs New Orleans

79 DAYS ON ROCKET

+12 Days

$120,000

-$209.1K Less

$52/SqFt

-$140 Less

KEY TAKEAWAY

This property is $209.1K less than the Median Sold Price and $140/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: #2433448

Listing Office:

  • Office Name: Nola Home Realty Group
  • Office Phone: (504) 521-1100
  • Listing Agent: Melissa McClendon
  • Agent Phone: (504) 417-5131

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: 4/28/2024, 11:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,419$9,760
2019$1,380$9,140
2018$1,408$9,140
2017$1,345$9,140

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-2735400
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 4.08 miles

  • Public District Grades PK-2

school-card-donut-2735401
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 5.41 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2735402
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 6.20 miles

  • Public District Grades PK-8

High School

school-card-donut-2735403
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 2.44 miles

  • Public District Grades 9-12

school-card-donut-2735404
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 5.52 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,000. The majority of New Orleans, LA residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70117›1418 Jourdan Ave

This home is located at 1418 Jourdan Ave in New Orleans, LA and zip code 70117 in the Lower Ninth Ward neighborhood. This 2,297 square foot home was built in 1945. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $120,000.

New Orleans, LA housing market in March 2024 saw over 30 listings sold above listed price, more than 43 sold at listed price and over 206 sold below. Between February 2024 and March 2024, New Orleans, LA real estate market has seen increase in the number of listings by 16.8%. The median list price of listings available in March 2024 was $329,132, while the average time on the real estate market was 67 days.

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

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