Home For Sale In New Orleans, Louisiana

house for sale

Listed: 05/23/24

2415 Josephine St, New Orleans, Louisiana, 70113

11 Bed:

7 Bath:

2,614 Sq Ft Living Area:

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Price

$ 399,000

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About This House

Investor Special: Unique Multi-Unit Opportunity in Central City! Discover an extraordinary real estate gem nestled in the heart of Central City. This rare multi-unit property offers a blend of historic charm and unparalleled investment potential, featuring a single-family home, a duplex, and a quadplex. Comprising 7 units in total, this property boasts 11 bedrooms and 7 bathrooms, making it a versatile choice for investors seeking to capitalize on the thriving New Orleans rental market. Property Highlights: Opportunity: Whether you choose to tear down and develop or renovate and restore, this property offers limitless possibilities. The existing structures provide a solid foundation for upgrades and enhancements, while the sizable lot presents potential for new construction in a prime urban location. The … Full description

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Houses for sale in New Orleans

Original listing

Garden District Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$490,704 (-34.1%)
Apr 2024	$745,036 (+28.3%)
Mar 2024	$580,473 (-2.5%)
Feb 2024	$595,653 (0%)
Jan 2024	$595,653 (-8.2%)
Dec 2023	$648,891 (+18.8%)

In May 2024, the asking price for 3 bed houses for sale in/near Garden District, New Orleans, United States averaged $490,704, a decrease of 34.1% 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.

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