Home For Sale In New Orleans, Louisiana

house for sale

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Listed: 02/15/24

4401 Woodland Dr, New Orleans, Louisiana, 70131

12 Bed:

8.5 Bath:

4,802 Sq Ft Living Area:

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Price

$ 549,900

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About This House

ThisAMAZINGfourplex 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, 238monthly 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 … Full description

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Houses for sale in New Orleans

Original listing

New Orleans Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Jun 2024	$272,707 (-11.2%)
May 2024	$307,049 (-6.7%)
Apr 2024	$329,120 (0%)
Mar 2024	$329,120 (0%)
Feb 2024	$329,120 (0%)
Jan 2024	$329,120 (-17.8%)

In June 2024, the asking price for 2 bed houses for sale in/near New Orleans, United States averaged $272,707, a decrease of 11.2% from the previous month.

Median price trends for properties for sale in New Orleans, United States as of June 2024.

Household Income

Median household income: $38,423

Number of households: 155,104

The average household income in New Orleans, LA grew from $36,999 to $38,423 in the past year. This data is an estimate based upon 155,104 households in New Orleans, LA.
The chart below presents how household income is distributed in New Orleans, LA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Orleans, LA compared to median property taxes around the country. The prevalent amount of property taxes in New Orleans, LA equals $3k+ , which is less than the national average.

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