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Image 1 - 2020 Farragut St, New Orleans, Louisiana, 70114 - House for sale
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Home For Sale In New Orleans, Louisiana
2020 Farragut St, New Orleans, Louisiana, 70114

Home For Sale In New Orleans, Louisiana

house for sale
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Listed: 02/17/24

2020 Farragut St, New Orleans, Louisiana, 70114

6 Bed:
2.5 Bath:
5,844 Sq Ft Living Area:
Save
Price
$ 791,010

About This House

Large parcel plotted for sixteen 25 x 118 lots on Farragut St. along with eight 48 x179.50lots facing Saux Lane. Grand Mansion from 1934 prominently sits on two of the 48 x 179.5 lots boasting many historic attributes. Historic tax credit may be available for renovation or tear down to utilize the oversized parcel for a new development. The property contains a majestic Oak Alley along with mature Cypress trees while being a direct and quick access to the Crescent City Connection. The unpaved street Saux Lanes application has been approved and ready to be purchased from the city. This property can be purchased in a portfolio package with 2068 Farragut Street for$1, 048, 000.Agent/Owner.

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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 2 bed houses for sale in/near New Orleans, United States averaged $307,049, a decrease of 6.7% 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.