Phosphor Ave, Metairie, Home For Sale

house for sale

Listed: 07/19/24

700 Phosphor Ave, Metairie, Louisiana, 70005

8 Bed:

6.5 Bath:

9,000 Sq Ft Living Area:

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Price

$ 800,000

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About This House

This is a commercial/residential property. There are 10 total units (6 residential, 4 commercial) Residential Units: 2 units: 2 bedrooms, 1 bathroom 4 units: 1 bedroom, 1 bathroom Commercial units: 3 units: 950 sqft each 1 unit: 1500 sqft Monthly Rental Income: $10, 099This property is part of a larger portfolio of 23 units across multiple properties in New Orleans and Metairie, Louisiana earning$26, 676per month. The total asking price for the entire portfolio is$2, 175, 000.All properties must be sold together.

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Houses for sale in Metairie

Original listing

Metairie Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$391,451 (+9.6%)
May 2024	$357,292 (-12.1%)
Apr 2024	$406,387 (0%)
Mar 2024	$406,387 (0%)
Feb 2024	$406,387 (0%)
Jan 2024	$406,387 (+19.1%)

In June 2024, the asking price for 3 bed houses for sale in/near Metairie, United States averaged $391,451, an increase of 9.6% from the previous month.

Median price trends for properties for sale in Metairie, United States as of June 2024.

Household Income

Median household income: $55,221

Number of households: 60,458

The average household income in Metairie, LA grew from $54,176 to $55,221 in the past year. This data is an estimate based upon 60,458 households in Metairie, LA.
The chart below presents how household income is distributed in Metairie, LA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Metairie, LA compared to median property taxes around the country. The prevalent amount of property taxes in Metairie, LA equals <$800 , which is less than the national average.

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