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Image 1 - 647 S Pierce St, New Orleans, Louisiana, 70119 - House for sale
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Image 4 - 647 S Pierce St, New Orleans, Louisiana, 70119 - House for sale
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Home For Sale In New Orleans, Louisiana
647 S Pierce St, New Orleans, Louisiana, 70119

Home For Sale In New Orleans, Louisiana

house for sale
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Listed: 02/15/24

647 S Pierce St, New Orleans, Louisiana, 70119

3 Bed:
2 Bath:
1,538 Sq Ft Living Area:
Save
Price
$ 335,000
Price:  Average

About This House

This corner lot Mid-city property zoned both for residential AND commercial use is the perfect opportunity for ANYONE! There is an active STR license up for renewal in August of 2024 and property is currently used as a full time and successful Airbnb! Completely renovated down to the studs in 2016, heart of pine floors, Carrera marble countertops in kitchen and baths, rewired, replumbed and gated off street parking. Flood zone X with low assumable insurance in place. Property is centrally located in Mid-City between Tulane, Canal and Carrolton Ave. Trader Joes coming to the neighborhood in 2024 along with many other new businesses. Option to transfer LLC available for easy transition.

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New Orleans Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near New Orleans, United States averaged $367,864, a decrease of 6.9% from the previous month.
Median price trends for properties for sale in New Orleans, United States as of May 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.