$10,000 Closing Credit¹
#2485170, Corinne Fox, Listing Office: LATTER & BLUM (LATT28)
$1,600,000 List price
1517 Audubon St New Orleans, LA 70118
$10,000
Closing credit¹
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
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: 3/14/2025, 12:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,600,000
1517 Audubon St
$10,000
closing credit¹
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Seller rebate
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
8
Dr. John Ochsner Discovery Health Sciences Academy
Public District KG-4
2.2 mi
•2012 Jefferson Hwy
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
2.6 mi
•201 Metairie Rd
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 $109,069. Typical income of New Orleans, LA residents is between $100k-200k annually. Residents typically live in single, no kids family. Typical level of education for residents 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?
Tennis
Hiking/backpacking
Live Theatre
Where do the neighbors shop?
Crate & Barrel
Bloomingdales
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
Boston Market
The Cheesecake Factory
What do the neighbors drive?
BMW
Audi
Mercedes
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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.
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 inventory of homes for sale in New Orleans, LA between January and February 2025 increased by 10.5%. While the average time on the market in February 2025 was 83 days, the median list price was $328,998.
From Rocket Homes Real Estate and based on county public records data.