$8,894

closing credit¹

1023-25 Richard St New Orleans, LA 70130

$749,000
7 beds
5 full
3,900 sqft
$192 / sqft
Multi-Family

Property details

About 1023-25 Richard St

GORGEOUS GEM in the Lower Garden - this fully leased 4plex camelback is the ideal investment property. 4-units totaling 7 bedrooms and 5 full bathrooms. PERFECT MULTI-GENERATIONAL PROPERTY! Your family in the 3bed/2bath, parents in the 2bed/1 bath, and lease the other two 1bed/1bath units. DEEP 35' x 161' lot with storage shed offers OPPORTUNITY for pool, expansive entertaining space, or playground. Inviting Front Porch, well maintained Original Hardwood Floors, with Hardy Plank siding and 2 Year Old Roof make this property an easy decision. Steps to Magazine & Gris Gris, Coliseum Square Park. Rental rates under value offering more POTENTIAL to turn this jewel box into your treasure trove!

Highlights

Home typeQuadruplex
HeatingCentral, Other
StatusActive
CoolingCentral Air, Window Unit(s)
Size3,900 sqft
Lot size0 Acres
Year built1909
MLS #2483300

Summary

  • MLS Number: 2483300
  • MLS Name: NOMAR
  • Office Name: Prime Real Estate Partners, LLC
  • Office Phone: (504) 400-4969
  • Office Email: joy@joypatin.com
  • Listing Agent: Betsy Richard
  • Agent Phone: (442) 357-0142

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Last updated on: 2/8/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style house with a porch

$749,000

1023-25 Richard St

$8,894

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

2

McDonogh No.26 Elementary School

Public District PK-5

1.0 mi

1200 Jefferson St

10

Gretna No. 2 Academy for Advanced Studies

Public Magnet PK-5

1.3 mi

701 Amelia St

6

Elan Academy Charter School

Public Charter PK-5

1.4 mi

709 Park Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,466. The most common annual income of people living in New Orleans, LA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

40%
<35k
42%
35k-100k
8%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

84%
Single, No Kids
3%
Single, with Kids
9%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
62%
18-34 yrs old
28%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1023-25 Richard St in New Orleans, LA and zip code 70130 in the Lower Garden District neighborhood. This 3,900 square foot home was built in 1909. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $749,000.

Over 16 listings were sold over their listed price in January 2025 in New Orleans, LA. In the same period over 129 listings were sold below the listed price and 21 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 8.7% between December and January 2025. In January 2025, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $328,483.

From Rocket Homes Real Estate and based on county public records data.

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