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Image 1 - 1990 Newton Street, Algiers, New Orleans, LA 70114, USA - House for sale

Image 2 - 1990 Newton Street, Algiers, New Orleans, LA 70114, USA - House for sale

Image 3 - 1990 Newton Street, Algiers, New Orleans, LA 70114, USA - House for sale

Image 4 - 1990 Newton Street, Algiers, New Orleans, LA 70114, USA - House for sale

Home For Sale In New Orleans, Louisiana

1990 Newton Street, Algiers, New Orleans, LA 70114, USA

Home For Sale In New Orleans, Louisiana

house for sale

3 views

Listed: 02/15/24

1990 Newton Street, Algiers, New Orleans, LA 70114, USA

5 Bed:

4 Bath:

3,182 Sq Ft Living Area:

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Price

$ 625,000

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About This House

Welcome to this Incredible Investment Opportunity-A Well Maintained 4-Plex Offers 4 Apts Producing Solid Income. Located in Federal City, the Ferry, and Much More in the Neighborhood and around Algiers Point. Easy Access to the CCC. Property is perfect for seasoned investors, first time buyers looking to generate passive income or owner-occupied with income to pay the mortgage. With a projected income of$3, 625once the studio apt is leased . so many uses !! Zoned Mixed-Use the property can remain a residential 4-Plex, Go Commercial. All Apts have had Renovations, New Plumbing, Electrical, New Roof, Central Air and Heat as well as Mini Split Ductless A/C and Heat Systems, Water Heaters, New Siding, All Hard Floors throughout all apts, Ample Parking at the Back of the Building and Enough Parking on the Sumner sind of the building for 4 vehicles on the street.

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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

Month	Median Price
Apr 2024	$329,120 (0%)
Mar 2024	$329,120 (0%)
Feb 2024	$329,120 (0%)
Jan 2024	$329,120 (-17.8%)
Dec 2023	$400,586 (+37.9%)
Nov 2023	$290,477 (-14.4%)

In April 2024, the asking price for 2 bed houses for sale in/near New Orleans, United States averaged $329,120, staying on the same level compared to the previous month.

Median price trends for properties for sale in New Orleans, United States as of April 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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