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Image 1 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Image 2 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Image 3 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Image 4 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Image 5 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Image 6 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Image 7 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Image 8 - 731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA - House for sale

Home For Sale In New Orleans, Louisiana

731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA

Home For Sale In New Orleans, Louisiana

house for sale

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Listed: 03/03/24

731 Franklin Avenue, Faubourg Marigny, New Orleans, LA 70117, USA

2 Bed:

1 Bath:

801 Sq Ft Living Area:

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Price

$ 435,000

Price: Increased

Show 6 more

About This House

Newly renovated in the Marigny. Gutted to the studs. Home features 2 bedrooms with a flex room. New stainless steel appliances. Lots of storage. The owners went back to the records and painted the house the original colors. Concrete patio. Zoned HMC-1 (historic, Marigny/Bywater/Treme, commercial). See attachment for zoning details. Also listed for lease.

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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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