20 days on rocket

572123 Royal St, New Orleans, LA, 70117

$174,900

Home List Price

$2,077*

Closing Credit

4 Bedrooms
2 Full Baths
1,508 SqFt
$116/SqFt
Multi
Schools Nearby

Location

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572123 Royal St, New Orleans$174,900

Buyer Closing Credits

$2,077*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1914
HeatingCentral, Other
CoolingCentral Air, Window Unit(s)
MLS #2441799
StatusActive

About 572123 Royal St

Located just one block from the levee in the charming Holy Cross historic district, this property presents an excellent opportunity for investors or owner-occupiers seeking rental income. With bright and airy 11-foot tall ceilings, both units feature no carpet, ceiling fans and in-unit laundry facilities for added convenience. This double has many original details that harken back to its historic roots like beautiful antique doors, corbels, exposed brick fireplaces and original wood floors on one side. The property's layout includes separate fenced yards, separate electric meters provide ease of utility management. The 5721 side has an updated kitchen and bathroom, original wood floors in living room and bedrooms, exposed original brick decorative fireplaces, tile in the kitchen and bathroom, and window units in each room (with existing ductwork to easily add AC system). The 5723 side has central heat and AC with all tile flooring. The rear portion of the roof on the addition is 2 years old. The front part of the original structure has an original slate roof. Whether you're looking to invest in a promising rental property or seeking a comfortable home with additional rental income, this double in the Holy Cross district fits the bill. Don't miss your chance to own a piece of this vibrant neighborhood. 24 hour notice is required to show as both sides are occupied. 5721 side is short term tenant leaving June 7, 2024. 5723 side has 1 year lease through mid August 2024.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1914
  • Stories: 1
  • Living Area: 1,508 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Blair Mahaffey
  • Agent Phone: (225) 335-8262

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

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

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: $174,900
  • Price Per SqFt: $116/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

$329.1K

Med. Price/SqFt

$192

Avg. Days On Market

67

# of Sold Homes

279

572123 Royal St vs New Orleans

20 DAYS ON ROCKET

-47 Days

$174,900

-$154.2K Less

$116/SqFt

-$76 Less

KEY TAKEAWAY

This property is $154.2K less than the Median Sold Price and $76/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: #2441799

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY-NEW ORLEANS
  • Office Phone: (504) 862-0100
  • Listing Agent: Blair Mahaffey
  • Agent Phone: (225) 335-8262

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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, 5:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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7.5% / 6.68%

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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-3251764
2
/10

  • Mahalia Jackson Elementary School

  • 2405 Jackson Ave

  • 4.61 miles

  • Public District Grades PK-2

school-card-donut-3251765
5
/10

  • Mary Bethune Elementary Literature/Technology

  • 4040 Eagle St

  • 6.34 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3251766
4
/10

  • Benjamin Franklin Elementary Math and Science

  • 1116 Jefferson Ave

  • 6.61 miles

  • Public District Grades PK-8

High School

school-card-donut-3251767
2
/10

  • McDonogh #35 College Preparatory School

  • 1331 Kerlerec St

  • 3.40 miles

  • Public District Grades 9-12

school-card-donut-3251768
4
/10

  • Eleanor Mcmain Secondary School

  • 5712 S Claiborne Ave

  • 6.12 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 $22,750. The majority of New Orleans, LA residents have income less than $35k annually. The most common type of family is single, no kids. 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›70117›572123 Royal St

This home is located at 572123 Royal St in New Orleans, LA and zip code 70117 in the Holy Cross neighborhood. This 1,508 square foot home was built in 1914. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $174,900.

Over 30 listings were sold over their listed price in March 2024 in New Orleans, LA. In the same period over 206 listings were sold below the listed price and 43 listings were sold for the listed price. Between February 2024 and March 2024, New Orleans, LA real estate market has seen increase in the number of listings by 16.8%. The median list price of listings available in March 2024 was $329,132, while the average time on the real estate market was 67 days.

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

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