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Home For Sale In New Orleans, Louisiana
940 Louisiana Ave, New Orleans, Louisiana, 70115

Home For Sale In New Orleans, Louisiana

house for sale
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Listed: 04/11/24

940 Louisiana Ave, New Orleans, Louisiana, 70115

4 Bed:
3 Bath:
2,750 Sq Ft Living Area:
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Price
$ 500,000
Price:  Lower

About This House

Tremendous renovation opportunity located just one block to one of the best stretches of Magazine St! Prime corner location, this charming former corner store has endless possibilities! Currently used as a tri-plex but can be converted to a stunning single-family home with income or keep as an investment property. Property is being sold as is with no repairs by the seller.

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Garden District Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 4 bed houses for sale in/near Garden District, New Orleans, United States averaged $889,515, an increase of 8.9% from the previous month.
Median price trends for properties for sale in Garden District, 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.