$7,113 Closing Credit¹
#2497947, Philip Ewbank, Listing Office: Keller Williams Realty New Orleans
$580,000 List price
1039 Marengo St New Orleans, LA 70115
$6,888
Closing credit¹
4 beds
3 full
2,663 sqft
$218 / sqft
House
Property details
About 1039 Marengo St
Outstanding Investment Opportunity in a Prime Location! Newer roof (2022); investment property since 2001. Charming, standalone singe-family home (1736 sq ft) with 3 bed / 2 baths, complete with spacious living areas & a white picket fence to add to the curb appeal. Above the 2-car garage, you will find a fabulous 1 bed / 1 bath apartment (927 sq ft) w/ stylish architectural design and finishes - perfect for rental income, guest accommodations or extended family. Two distinct addresses (1039 Marengo and 4026 Chestnut) with private entrances and shared courtyard. Top notch location, corner of Marengo and Chestnut, offers incredible walkability to a variety of Magazine St shops, restaurants, and cafes. Property is also within strolling distance to St. Charles Ave and Prytania Street, placing you in the heart of vibrant neighborhood amenities - including Mardi Gras! Whether you’re an investor seeking a lucrative rental or a homeowner looking for a unique multi-use space, this property offers tons of potential. Don’t miss out on this wonderful opportunity - schedule a visit today and envision the possibilities!
Highlights
Home typeOther
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size2,663 sqft
Year built1927
ParkingGarage, Two Spaces
MLS #2502473
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 4
- Parking: Garage, Two Spaces
- Exterior: Balcony, Fence, Porch
- Architectural Style: Craftsman
- Heating: Central
- Cooling: Central Air
- List Price: $580,000
- Price/SqFt: $217
- Annual Tax Amount: $6,042
- Tax Year: 2020
- Lot: Corner Lot, City Lot
- Year Built: 1927
- Stories: 2
- Living Area: 2,663 SqFt
- MLS Number: 2502473
- MLS Name: NOMAR
- Office Name: LATTER & BLUM (LATT07)
- Office Phone: (504) 866-2785
- Office Email: ewolford@latterblum.com
- Listing Agent: Margaret Stewart
- Agent Phone: (504) 616-4154
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Last updated on: 5/30/2025, 11:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$580,000
1039 Marengo St
$6,888
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $48,190 | $- |
| 2022 | $46,300 | $- |
| 2021 | $48,190 | $- |
| 2020 | $39,270 | $6,042 |
| 2019 | $39,270 | $5,932 |
| 2018 | $39,270 | $6,305 |
| 2017 | $39,270 | $6,083 |
History based on county public records data.
Nearby schools
7
Judge Lionel R. Collins Elementary School
Public District PK-5
2.0 mi
•500 Pine St
7
Ruppel Academie Francaise
Public District PK-4
2.3 mi
•815 Huey P Long Ave
7
Bonella A. St. Ville Elementary School
Public District PK-5
2.4 mi
•1121 Pailet Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,129. The most common annual income of people living in New Orleans, LA is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
46%
<35k
17%
35k-100k
23%
100k-200k
14%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
72%
Single, No Kids
2%
Single, with Kids
16%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
2%
12-17 yrs old
36%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Tennis
Art Museums
Where do the neighbors shop?
H&M
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
BMW
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1039 Marengo St
The listing price of 1039 Marengo St property is $580,000.
The property 1039 Marengo St is a house located in New Orleans, Louisiana, 70115.
Accepting Backup Offers: 1039 Marengo St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1039 Marengo St are: Judge Lionel R. Collins Elementary School (GreatSchools Rating 7/10), Ruppel Academie Francaise (GreatSchools Rating 7/10), Bonella A. St. Ville Elementary School (GreatSchools Rating 7/10), Samuel J. Green Charter School (GreatSchools Rating 6/10), Kipp Central City (GreatSchools Rating 4/10), James M. Singleton Charter School (GreatSchools Rating 3/10), Rooted School (GreatSchools Rating 2/10), Sophie B. Wright Institute of Academic Excellence (GreatSchools Rating 4/10), Walter L. Cohen College Preparatory (GreatSchools Rating 2/10).
According to the records, the last property tax for 2020 is $6,042 (source: MLS/based on county public records data).
The property at 1039 Marengo St has 4 bedrooms and 3 bathrooms.
The property 1039 Marengo St is 2,663 SqFt (source: MLS/tax record).
The year of construction for 1039 Marengo St is 1927.
This home is located at 1039 Marengo St in New Orleans, LA and zip code 70115 in the Touro neighborhood. This 2,663 square foot home was built in 1927. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 20, 2025 and is currently priced at $580,000.
Over 40 listings were sold over their listed price in April 2025 in New Orleans, LA. In the same period over 193 listings were sold below the listed price and 45 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 13.8% between March and April 2025. The median list price of listings available in April 2025 was $329,697, while the average time on the real estate market was 85 days.
From Rocket Homes Real Estate and based on county public records data.