Home For Sale In New Orleans, Louisiana

house for sale

Listed: 06/17/24

124 N Solomon St, New Orleans, Louisiana, 70119

Studio Bed:

4,000 Sq Ft Living Area:

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Price

$ 549,000

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About This House

Incredible Opportunity to own a 4 Plex in the Heart of Mid-City Location! 5 Bedrooms, 5 Bathrooms total! Just steps from Canal St... walk to Church Alley Coffee, Blue Dot Donuts, Cafe Minh, and the Streetcar. Potential Rental Income of$5, 000total. 4 Separate Electrical Meters, 4 Gas Meters, and 3 Water Meters! One Off-Street Parking Spot! Each Unit has In-Unit Laundry! 124: 2 Bedroom, 2 Bathroom downstairs is NOT Shotgun Style and has Central AC! Beautiful Hardwood Floors in Living Room, Dining Room, Office Space, and Hallway! Bamboo floors in back bedroom! 124A: 1Bedroom Downstairs is 450sqft but not a studio, great use of space! Window Units. 124B and 126: Both units upstairs are approximately 950sqft. Living Room and Dining Room at front of unit, with decorative fireplace. Hardwood floors throughout. Window Units. Walk-In Closet and in-unit laundry!

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Houses for sale in New Orleans

Original listing

New Orleans Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$307,049 (-6.7%)
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%)

In May 2024, the asking price for 2 bed houses for sale in/near New Orleans, United States averaged $307,049, a decrease of 6.7% from the previous month.

Median price trends for properties for sale in 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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