#2485170, Corinne Fox, Listing Office: LATTER & BLUM (LATT28)
$10,000
closing credit¹
1517 Audubon St New Orleans, LA 70118
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
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](/homes/listing-images/47863215_S0172/S0172/S0172-R0100/1100437883/1816831784.jpg?version=1734549716&width=640)
$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.
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.
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.