23 hours on Rocket
$6,531 Closing Credit¹
#2471818, Maya Madison, Listing Office: KELLER WILLIAMS REALTY 455-0100
$550,000 List price
1516 Aviators St New Orleans, LA 70122
$6,531
Closing credit¹
8 beds
4 full
4,480 sqft
0.1 acres
$123 / sqft
Multi-Family
Property details
About 1516 Aviators St
This fully leased 4-plex features four 2-bedroom, 1-bath units, generating a steady monthly income of $4,729. Each unit offers comfortable living spaces, making it attractive for tenants and a reliable source of cash flow for investors. Whether you're expanding your portfolio or just starting, this property offers immediate income potential. Plus, additional properties are available as part of a larger portfolio sale, offering even more investment opportunities.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,480 sqft
Lot size0.1377 Acres
Year built1970
ParkingParking Lot
MLS #2471820
Summary
- MLS Number: 2471820
- MLS Name: NOMAR
- Office Name: KELLER WILLIAMS REALTY 455-0100
- Office Phone: (504) 455-0100
- Office Email: lucy@kw.com
- Listing Agent: Maya Madison
- Agent Phone: (504) 517-6292
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Last updated on: 3/14/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
1516 Aviators St
$6,531
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 14, 2007 | Home Sold | $128,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $24,560 | $- |
| 2022 | $23,720 | $- |
| 2021 | $24,560 | $- |
| 2020 | $24,560 | $3,570 |
| 2019 | $22,000 | $3,323 |
| 2018 | $22,000 | $3,389 |
| 2017 | $22,000 | $3,236 |
History based on county public records data.
Nearby schools
3
Audubon Charter School - Gentilly
Public Charter PK-4
1.6 mi
•4720 Painters St
7
Marie Riviere Elementary School
Public District PK-5
2.8 mi
•1564 Lake Ave
4
Kipp East Community
Public Charter PK-6
3.6 mi
•6519 Virgilian St
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 $70,238. 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. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
33%
<35k
41%
35k-100k
26%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
15%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
45%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Major League Soccer (MLS)
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Jack In The Box
What do the neighbors drive?
Volvo
BMW
Toyota
What do the neighbors listen to?
News
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1516 Aviators St in New Orleans, LA and zip code 70122 in the Gentilly neighborhood. This 4,480 square foot home, which was built in 1970, sits on a 0.14 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $550,000.
New Orleans, LA housing market in February 2025 saw over 30 listings sold above listed price, more than 35 sold at listed price and over 168 sold below. The number of listings in New Orleans, LA increased by 10.5% between January and February 2025. The median list price of listings available in February 2025 was $328,998, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.