1 month on rocket

2305-07 Valmont St, New Orleans, LA, 70115

$425,000

Home List Price

$5,047*

Closing Credit

5 Bedrooms
5 Full Baths
3,193 SqFt
$133/SqFt
Multi
Schools Nearby

Location

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2305-07 Valmont St, New Orleans$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1923
HeatingCentral
CoolingCentral Air
MLS #2441455
StatusActive

About 2305-07 Valmont St

Introducing an exciting Investment Opportunity in the Heart of Freret Street Business corridor. 2305-07 Valmont Street is a 3 unit property within the bustling Freret Street business district, consists of a TWO -2 Bedroom 2 Baths units and ONE - 2 Bedroom 1 Bath. The property has a coveted HU-MU commercial zoning, this versatile gem offers an array of possibilities. Currently generating a steady income, this property holds enormous potential to be transformed and utilized for commercial purposes. There are 3 electric meters, 1 gas meter, and 1 water meter. All three compressors have been replaced in the last 5 years. New heat pump replaced two years ago for 2305. New roof was put on last year! Situated in one of the coolest and most vibrant areas of New Orleans, this prime location is just a stone's throw away from esteemed universities. Its proximity to the academic hub ensures a steady flow of potential customers, making it an irresistible prospect for business ventures. There are many restaurants, coffee shops and businesses within 1 block of the property. Don't miss out on this golden opportunity to invest in the heart of New Orleans' vibrant Freret Street. Embrace the potential and seize this remarkable property, as it awaits its next chapter in the thriving commercial landscape of the city. Contact us today to schedule a viewing and unlock the possibilities that await!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1923
  • Stories: 2
  • Living Area: 3,193 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Preferred, REALTOR
  • Office Phone: (504) 766-6705
  • Listing Agent: Robert Van Meter
  • Agent Phone: (504) 906-1146

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: $425,000
  • Price Per SqFt: $133/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

2305-07 Valmont St vs New Orleans

30 DAYS ON ROCKET

-30 Days

$425,000

+$99.8K More

$133/SqFt

-$59 Less

KEY TAKEAWAY

This property is $99.8K more than the Median Sold Price and $59/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: #2441455

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Preferred, REALTOR
  • Office Phone: (504) 766-6705
  • Listing Agent: Robert Van Meter
  • Agent Phone: (504) 906-1146

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: 5/2/2024, 12:15:17 PM 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-4772215
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.40 miles

  • Public District Grades PK-2

school-card-donut-4772216
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 3.86 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4772217
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 0.46 miles

  • Public District Grades PK-8

High School

school-card-donut-4772218
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 1.73 miles

  • Public District Grades 7-12

school-card-donut-4772219
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 4.64 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 $49,143. Residents of New Orleans, LA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70115›2305-07 Valmont St

This home is located at 2305-07 Valmont St in New Orleans, LA and zip code 70115 in the West Riverside neighborhood. This 3,193 square foot home was built in 1923. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $425,000.

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. Between March 2024 and April 2024, New Orleans, LA real estate market has seen increase in the number of listings by 13.3%. In April 2024 median list price was $325,125 and the average listing age was 60 days.

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

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