3 months on rocket

4401 Woodland Dr, New Orleans, LA, 70131

$549,900

Home List Price

$6,530*

Closing Credit

12 Bedrooms
8 Full Baths, 1 Partial
4,802 SqFt
$115/SqFt
Multi
Schools Nearby

Location

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4401 Woodland Dr, New Orleans$549,900

Buyer Closing Credits

$6,530*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built2022
HeatingCentral
CoolingCentral Air
MLS #2429722
StatusActive

About 4401 Woodland Dr

This AMAZING fourplex in Algiers area- an New Orleans GEM. Comprising four spacious units, Totaling 12 bedrooms and 8.5 bathrooms this property offers tenants comfortable and roomy living spaces. Beyond its inviting interiors, this home has additional features that make it a standout investment; the lively front porch and backyard provide perfect spots for hosting gatherings and unwinding outdoors. The property has been thoughtfully updated with new floors, a fresh fence, and a relatively new roof. At FULL OCCUPANCY, this fourplex collects a total of $6,238 monthly rent from all four units. This consistent stream of rental income ensures a great investment with great potential. Whether you're a seasoned investor or a first-time buyer seeking a smart real estate venture, this fourplex ticks all the boxes for a successful and profitable investment. This property is not missed with its prime location and substantial rental income. Don't let this investment opportunity slip through your fingers. REACH OUT TODAY to schedule a viewing or to learn more!! It's an investment that promises both financial security and growth potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2022
  • Stories: 2
  • Living Area: 4,802 SqFt

Listing Office:

  • Office Name: Boyd Realtors, LLC
  • Office Phone: (504) 533-8701
  • Listing Agent: Kristen Young-Boyd
  • Agent Phone: (504) 400-3945

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, City 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: $549,900
  • Price Per SqFt: $115/SqFt

Tax Information:

  • Annual Amount: $3,193
  • 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

4401 Woodland Dr vs New Orleans

110 DAYS ON ROCKET

+50 Days

$549,900

+$224.7K More

$115/SqFt

-$77 Less

KEY TAKEAWAY

This property is $224.7K more than the Median Sold Price and $77/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: #2429722

Listing Office:

  • Office Name: Boyd Realtors, LLC
  • Office Phone: (504) 533-8701
  • Listing Agent: Kristen Young-Boyd
  • Agent Phone: (504) 400-3945

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: 5/3/2024, 5:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 14, 2021Home Sold
$405,000
Jun 11, 2015Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,193$21,800
2019$3,299$21,800
2018$3,365$21,800
2017$3,213$21,800

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-5173782
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 6.07 miles

  • Public District Grades PK-2

school-card-donut-5173783
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 8.56 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5173784
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 7.35 miles

  • Public District Grades PK-8

High School

school-card-donut-5173785
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 6.09 miles

  • Public District Grades 9-12

school-card-donut-5173786
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 7.49 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 $95,920. The most common annual income of people living in New Orleans, LA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70131›4401 Woodland Dr

This home is located at 4401 Woodland Dr in New Orleans, LA and zip code 70131 in the Algiers neighborhood. This 4,802 square foot home was built in 2022. Features: 12 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $549,900.

While more than 40 listings in New Orleans, LA in April 2024 were sold above asking price, there were more than 60 listings sold at asking price, and 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. 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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