2 months on rocket

417-419 40th St, New Orleans, LA, 70124

$519,000

Home List Price

$6,163*

Closing Credit

6 Bedrooms
4 Full Baths
3,050 SqFt
$170/SqFt
Multi
Schools Nearby

Location

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417-419 40th St, New Orleans$519,000

Buyer Closing Credits

$6,163*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street, Two Spaces, Driveway
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #2434660
Lot Size0.12 Acres
StatusActive

About 417-419 40th St

Attention investors! Don’t miss out on the opportunity to own this income-generating property in the sought-after Lakeview neighborhood of New Orleans. Conveniently located just one block from Fleur De Lis Park and within walking distance to the New Orleans lakefront, this newly renovated duplex is attractive for tenants and owner occupants alike. The kitchen features granite countertops, modern cabinets, and stainless-steel appliances that will remain. A private, fenced backyard with a patio for each unit offers dedicated space for morning coffee, cookouts, relaxing, and pets. Upstairs is currently rented at $2000 per month with long-term tenants. Downstairs is currently vacant and listed for rent at $1900 per month. The owner is also selling another duplex MLS #2434646. Buy both properties for four easily rentable, well-maintained units that are sure to be outperformers of your investment portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1960
  • Stories: 2
  • Living Area: 3,050 SqFt

Listing Office:

  • Office Name: Borrouso Realty
  • Office Phone: (504) 228-4601
  • Listing Agent: William Borrouso
  • Agent Phone: (504) 228-4601

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Fence, Porch, Permeable Paving

Parking Information:

  • Parking: Off Street, Two Spaces, Driveway

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot
  • Lot Size: 0.12 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
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6
  • Mahalia Jackson Elementary School, Public District Grades PK-2

Other

Directions Information:

  • Directions: North on Fleur De Lis from Veterans, Left on 40th St., House on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,000
  • Price Per SqFt: $170/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

417-419 40th St vs New Orleans

69 DAYS ON ROCKET

+9 Days

$519,000

+$193.8K More

$170/SqFt

-$22 Less

KEY TAKEAWAY

This property is $193.8K more than the Median Sold Price and $22/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: #2434660

Listing Office:

  • Office Name: Borrouso Realty
  • Office Phone: (504) 228-4601
  • Listing Agent: William Borrouso
  • Agent Phone: (504) 228-4601

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: 5/6/2024, 12:55:32 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-6755563
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 2.98 miles

  • Public District Grades PK-6

school-card-donut-6755564
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 5.43 miles

  • Public District Grades PK-2

Middle School

school-card-donut-6755565
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 6.38 miles

  • Public District Grades PK-8

High School

school-card-donut-6755566
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 4.55 miles

  • Public District Grades 9-12

school-card-donut-6755567
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 5.11 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 $49,500. The majority of New Orleans, LA residents have income between $35k-100k annually. The most common type of family is 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›70124›417-419 40th St

This home is located at 417-419 40th St in New Orleans, LA and zip code 70124 in the West End neighborhood. This 3,050 square foot home, which was built in 1960, sits on a 0.12 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $519,000.

In April 2024 more than 40 listings in New Orleans, LA were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 222 were sold below. The number of homes for sale in New Orleans, LA increased by 13.3% between March 2024 and April 2024. 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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