14 days on rocket

516 S Hennessy, New Orleans, LA, 70119

$325,000

Home List Price

$3,859*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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516 S Hennessy, New Orleans$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
HeatingCentral
CoolingCentral Air, Window Unit(s)
MLS #NO2024006517
Lot Size0.14 Acres
StatusActive

About 516 S Hennessy

Perfect investment opportunity! Recent appraisal values this property at $355,000 as of September 21, 2023. This property boasts a total of 6 bedrooms and 3 bathrooms, offering endless potential. The large owner's unit features 4 bedrooms and 2 baths, providing ample space. The other side, with 2 bedrooms and 1 bath, is already occupied, ensuring immediate rental income. Both units have washer dryer hookup with spaces designed for a stack unit, making laundry convenient for tenants. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a welcoming atmosphere. No carpet throughout the house ensures easy maintenance. Plus, there's a spacious backyard and a 790 sq. ft. structure at the rear of the property that you can transform into another rental unit. Live in the main unit while enjoying the benefits of rental revenue. Don't miss out on this fantastic opportunity!,

Property Details

Property Features

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 4550100
  • Office Phone: (504) 455-0100
  • Listing Agent: Louis Williams
  • Agent Phone: (985) 237-0712

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Window Unit(s)

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
  • Mary Bethune Elementary Literature/Technology, Public District Grades PK-6
  • Mahalia Jackson Elementary School, Public District Grades PK-2

Other

Directions Information:

  • Directions: Bounding St: S. ALEXANDER ST., D'HEMECOURT ST., S. SOLOMON ST., BAUDIN ST

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
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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

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

516 S Hennessy vs New Orleans

14 DAYS ON ROCKET

-53 Days

$325,000

-$4.1K Less

KEY TAKEAWAY

This property is $4.1K less than the Median Sold Price in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #NO2024006517

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY 4550100
  • Office Phone: (504) 455-0100
  • Listing Agent: Louis Williams
  • Agent Phone: (985) 237-0712

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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: 4/29/2024, 10:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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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-3377364
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 0.48 miles

  • Public District Grades PK-6

school-card-donut-3377365
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 2.39 miles

  • Public District Grades PK-2

Middle School

school-card-donut-3377366
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 3.41 miles

  • Public District Grades PK-8

High School

school-card-donut-3377367
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 2.12 miles

  • Public District Grades 7-12

school-card-donut-3377368
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 2.49 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 $20,263. Typical income of New Orleans, LA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›516 S Hennessy

This home is located at 516 S Hennessy in New Orleans, LA and zip code 70119 in the Mid City neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $325,000.

In March 2024, from all listings sold in New Orleans, LA there were more than 30 sold above asking price, over 206 sold below and more than 43 were sold right at the asked price. In March 2024 in New Orleans, LA there were 16.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 67 days, the median list price was $329,132.

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

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