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Image 1 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 2 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 3 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 4 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 5 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 6 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 7 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 8 - 1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Home For Sale In New Orleans, Louisiana

1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA

Home For Sale In New Orleans, Louisiana

house for sale

5 views

Listed: 03/23/24

1915 Alabo Street, Lower Ninth Ward, New Orleans, LA 70117, USA

6 Bed:

4 Bath:

2,790 Sq Ft Living Area:

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Price

$ 375,000

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About This House

This beautiful property features two units, one of which is currently available and move-in ready, allowing for immediate occupancy or potential for a new tenant. The occupied upstairs unit generates $1500 per month in rental income, providing a steady stream of revenue. Built just two years ago, with modern construction and amenities, ensuring low maintenance and hassle-free ownership. Enjoy peace of mind knowing that the property is in excellent condition and ready to generate income from day one. Don't miss out on this opportunity to own a turnkey income-producing property. Schedule a showing today and seize the potential of this lucrative investment!

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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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