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Image 1 - 2619 South Galvez Street, New Orleans, LA 70125, USA - House for sale

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Home For Sale In New Orleans, Louisiana

2619 South Galvez Street, New Orleans, LA 70125, USA

Home For Sale In New Orleans, Louisiana

house for sale

3 views

Listed: 02/17/24

2619 South Galvez Street, New Orleans, LA 70125, USA

5 Bed:

3 Bath:

3,332 Sq Ft Living Area:

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Price

$ 320,000

About This House

This 100% occupied fourplex property is centrally located on the Eastbank just minutes from the Superdome, Interstate, and Downtown NOLA. The shotgun-style building is two stories with 2 units on the ground floor and 2 units on the second level. Two units are 3 bed / 2 bath, and 2 units are 2 bed / 1 bath, Rents are currently below market rate and with minor cosmetic upgrades and maintenance there is strong value add potential. Tenants utilize street parking. Property is located in an Opportunity Zone. To access the Financials (rent roll, income, expense, etc.), please view the property on our website - elifinrealty.com. From there, youll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you dont already have an account, you can create one for free.

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Broadmoor Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$367,263 (-4.9%)
Mar 2024	$386,039 (+11.1%)
Feb 2024	$347,533 (0%)
Jan 2024	$347,533 (-28.3%)
Dec 2023	$484,726 (+58.5%)
Nov 2023	$305,886 (-23.8%)

In April 2024, the asking price for 3 bed houses for sale in/near Broadmoor, New Orleans, United States averaged $367,263, a decrease of 4.9% from the previous month.

Median price trends for properties for sale in Broadmoor, 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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