Home For Sale In New Orleans, Louisiana

house for sale

Listed: 03/23/24

1531 Euterpe Street, New Orleans, LA 70130, USA

8 Bed:

8 Bath:

4,981 Sq Ft Living Area:

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Price

$ 1,05M

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About This House

This 2-story, 8-plex property is a prime candidate for a historic tax credit rehabilitation project. Property is zoned MU-1, which allows for several opportunities, including hotel, as a permitted use. This property is being offered in tandem with the 4-plex next door located at1537-39Euterpe (also zoned MU-1). Property includes eight1BR/1BATHunits total and offers parking for 3-5 cars in adjacent driveway. Ideal location right off of St Charles Ave. makes this an excellent opportunity to own a multi-family property (or two!) with vast income producing potential. Property sold as-is.

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Houses for sale in New Orleans

Original listing

Garden District Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$405,486 (0%)
Mar 2024	$405,486 (0%)
Feb 2024	$405,486 (0%)
Jan 2024	$405,486 (-9.7%)
Dec 2023	$449,186 (+18.8%)
Nov 2023	$377,985 (0%)

In April 2024, the asking price for 2 bed houses for sale in/near Garden District, New Orleans, United States averaged $405,486, staying on the same level compared to the previous month.

Median price trends for properties for sale in Garden District, 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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