2 months on rocket

1827 Martin Luther King Jr Blvd, New Orleans, LA, 70113

$199,000

Home List Price

$2,363*

Closing Credit

6 Bedrooms
4 Full Baths
1,809 SqFt
$110/SqFt
Multi
Schools Nearby

Location

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1827 Martin Luther King Jr Blvd, New Orleans$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1914
HeatingNone
CoolingNone
MLS #2432210
Lot Size0.09 Acres
StatusActive

About 1827 Martin Luther King Jr Blvd

Calling all investors!! Fourplex located two blocks from St. Charles Avenue! Walk to the parades, restaurants, shopping and also to Oretha Castle Blvd for more dining, shopping and entertainment. This house is very special since it is a double with 2 bedrooms and one bath on each side that still has some of its amazing charm such at large rooms, high ceilings and some original hardwood floors that are still in decent shape. In the ample back yard there is a separate efficiency with one bedroom and one bath. There is evidence of four separate meters!! This block has a lot of renovated homes, this would be a great investment to buy, renovate and lease out, or save a unit for your self and let your rentals pay for your investment! Come have a little spot for Mardi Gras, Jazz Festival and French Quarter Festival just to name a few!

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 1
  • Living Area: 1,809 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Nichell Thompson
  • Agent Phone: (504) 261-5182

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Eleanor Mcmain Secondary School, Public District Grades 7-12
  • McDonogh #35 College Preparatory School, Public District Grades 9-12
  • 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: $199,000
  • Price Per SqFt: $110/SqFt

Tax Information:

  • Annual Amount: $57
  • 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

$325.1K

Med. Price/SqFt

$191

Avg. Days On Market

60

# of Sold Homes

322

1827 Martin Luther King Jr Blvd vs New Orleans

89 DAYS ON ROCKET

+29 Days

$199,000

-$126.1K Less

$110/SqFt

-$82 Less

KEY TAKEAWAY

This property is $126.1K less than the Median Sold Price and $82/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: #2432210

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Nichell Thompson
  • Agent Phone: (504) 261-5182

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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: 5/2/2024, 9:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$57$4,410
2019$57$4,410
2018$57$4,410
2017$46$4,410

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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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-4653391
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 0.48 miles

  • Public District Grades PK-2

school-card-donut-4653392
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.07 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4653393
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 2.50 miles

  • Public District Grades PK-8

High School

school-card-donut-4653394
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.00 miles

  • Public District Grades 7-12

school-card-donut-4653395
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 2.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,728. Typical income of New Orleans, LA residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70113›1827 Martin Luther King Jr Blvd

This home is located at 1827 Martin Luther King Jr Blvd in New Orleans, LA and zip code 70113 in the Central City neighborhood. This 1,809 square foot home, which was built in 1914, sits on a 0.09 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $199,000.

Over 40 listings were sold over their listed price in April 2024 in New Orleans, LA. In the same period over 222 listings were sold below the listed price and 60 listings were sold for the listed price. In April 2024 in New Orleans, LA there were 13.3% more homes for sale than in March 2024. Listings spent 60 days on the market in April 2024, and had a median list price of $325,125 during the same period.

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

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