4 months on rocket

1936-1938 Franklin Ave, New Orleans, LA, 70117

$325,000

Home List Price

$3,859*

Closing Credit

4 Bedrooms
2 Full Baths
2,175 SqFt
$149/SqFt
Multi
Schools Nearby

Location

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1936-1938 Franklin Ave, New Orleans$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1963
HeatingCentral
CoolingCentral Air
MLS #2425387
Lot Size0.06 Acres
StatusActive

About 1936-1938 Franklin Ave

Looking for a great investment opportunity then check out this property. . A duplex in the heart of the St. Roch neighborhood with easy access to the French Quarter, I-10 & I-610. Each unit has two bedrooms and one bath with one unit tenant occupied (1936) and the other unit (1938) vacant. Tenant is on month-to-month so this property can be purchased as owner-occupied or investors with a long-term tenant. Unit (1938) must be completed prior to occupancy, kitchen and bathroom partially completed.Enter Unit (1938) at your own risk the owner is not liable. Sold as is no repairs will be completed. Seller will give buyer $5,000 towards closing cost.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 1
  • Living Area: 2,175 SqFt

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Crystal Parker
  • Agent Phone: (504) 259-5019

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.06 Acres

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: $325,000
  • Price Per SqFt: $149/SqFt
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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

1936-1938 Franklin Ave vs New Orleans

146 DAYS ON ROCKET

+86 Days

$325,000

-$125 Less

$149/SqFt

-$43 Less

KEY TAKEAWAY

This property is $125 less than the Median Sold Price and $43/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: #2425387

Listing Office:

  • Office Name: Homesmart Realty South
  • Office Phone: (504) 908-7653
  • Listing Agent: Crystal Parker
  • Agent Phone: (504) 259-5019

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Last updated on: 5/2/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-4492878
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.50 miles

  • Public District Grades PK-2

school-card-donut-4492879
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.79 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4492880
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 4.66 miles

  • Public District Grades PK-8

High School

school-card-donut-4492881
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 0.87 miles

  • Public District Grades 9-12

school-card-donut-4492882
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 3.87 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 $64,286. Residents of New Orleans, LA typically earn between $35k-100k each year. Typical family type is 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›70117›1936-1938 Franklin Ave

This home is located at 1936-1938 Franklin Ave in New Orleans, LA and zip code 70117 in the Marigny neighborhood. This 2,175 square foot home, which was built in 1963, sits on a 0.06 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 07, 2023 and is currently priced at $325,000.

New Orleans, LA housing market in April 2024 saw over 40 listings sold above listed price, more than 60 sold at listed price and over 222 sold below. The inventory of homes for sale in New Orleans, LA between March 2024 and April 2024 increased by 13.3%. In April 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $325,125.

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

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