$10,000

closing credit¹

1517 Audubon St New Orleans, LA 70118

$1,600,000
8 beds
2 full, 4 partial
5,500 sqft
$291 / sqft
Multi-Family

Property details

About 1517 Audubon St

One of a kind university area investment opportunity located one block from campus. 1517-1519 Audubon is a two story double measuring 5,500 sq/ft. Each unit contains a total of 4 individual bedrooms all located off of a common hallway on the second floor. Large living , dining and kitchen areas provide plenty of space for student residents. The raised basement in each unit also provides ample storage. Off-street parking is also available for each unit. Each building is on a master lease providing for ease of monthly rent collections and tenant retention. Stabile and secure income with existing barriers to entry for competing assets. This location provides for constant occupancy with many tenants often passing their lease on to friends/family upon graduation.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size5,500 sqft
Lot size0 Acres
Year built1932
ParkingOff Street
MLS #2479946

Summary

  • MLS Number: 2479946
  • MLS Name: NOMAR
  • Office Name: The McEnery Company
  • Office Phone: (504) 274-2701
  • Office Email: parke@mceneryco.com
  • Listing Agent: S. Parkerson McEnery
  • Agent Phone: (504) 510-2856

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Last updated on: 2/7/2025, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with covered porch

$1,600,000

1517 Audubon St

$10,000

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

1

Noble Minds

Public Charter KG-5

0.6 mi

1333 S Carrollton Ave

10

Metairie Academy for Advanced Studies

Public Magnet PK-5

2.6 mi

201 Metairie Rd

4

Joshua Butler Elementary School

Public District PK-5

2.9 mi

300 Fourth St

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 $109,069. The most common annual income of people living in New Orleans, LA is between $100k-200k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

12%
<35k
34%
35k-100k
36%
100k-200k
18%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
3%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
3%
12-17 yrs old
72%
18-34 yrs old
16%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • MercedesMercedes

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 1517 Audubon St in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 5,500 square foot home was built in 1932. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $1,600,000.

In January 2025 more than 16 listings in New Orleans, LA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 129 were sold below. The number of listings in New Orleans, LA increased by 8.7% between December and January 2025. The median list price of listings available in January 2025 was $328,483, while the average time on the real estate market was 82 days.

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

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