$7,422 Closing Credit¹
#2480912, Olivia Ford, Listing Office: Upper Management Realty, LLC
$10,000
closing credit¹
152527 Melpomene St New Orleans, LA 70130
$1,030,000 List price
$10,000
Closing credit¹
5 beds
2 full, 2 partial
3,240 sqft
0.09 acres
$318 / sqft
Multi-Family
Property details
About 152527 Melpomene St
Welcome to an extraordinary estate nestled amidst the enchanting beauty of the historic Garden District. Just steps from vibrant parade routes, charming streetcars, and the pulse of downtown nightlife, this income-producing gem offers an unparalleled fusion of elegance and opportunity. This majestic double, steeped in architectural brilliance, spans nearly 1,700 square feet on each side, exuding both charm and sophistication. Vaulted ceilings create an airy grandeur, while expansive bedrooms provide a serene retreat. Every corner of this property has been lovingly updated, boasting high-end appliances, modern conveniences, and a state-of-the-art security system complete with cameras for your peace of mind. Step outside to discover meticulously designed outdoor entertaining areas, perfect for hosting under the stars or enjoying quiet moments surrounded by lush greenery. With off-street parking for three vehicles, you'll enjoy both convenience and a touch of luxury. Imagine the freedom of owning mortgage-free, as this property’s proven short-term rental income potential soars. With $140,000 in rental income for 2022 and $160,000 for 2023, this estate is not just a home—it’s an investment in your future. Situated in coveted Flood Zone X, flood insurance is not required, offering yet another layer of security and ease. This is more than a residence; it’s an invitation to a lifestyle rich in culture, history, and prosperity. Don’t miss your chance to own a piece of New Orleans' magic. Your dream estate awaits!
Highlights
Home typeDuplex
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
Size3,240 sqft
Lot size0.0902 Acres
Year built1920
ParkingDriveway, Three or more Spaces
MLS #2479423
Summary
- MLS Number: 2479423
- MLS Name: NOMAR
- Office Name: CBTEC MAGAZINE
- Office Phone: (504) 899-4040
- Office Email: gingerw@cbtec.com
- Listing Agent: Sarah Aucoin
- Agent Phone: (504) 704-9192
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Last updated on: 2/2/2025, 11:20:49 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
$1,030,000
152527 Melpomene St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
2
McDonogh No.26 Elementary School
Public District PK-5
0.6 mi
•1200 Jefferson St
6
Elan Academy Charter School
Public Charter PK-5
0.9 mi
•709 Park Blvd
7
William Hart Elementary School
Public District PK-5
1.3 mi
•2001 Hancock 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 $71,128. Typical income of New Orleans, LA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
25%
<35k
41%
35k-100k
22%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
84%
Single, No Kids
2%
Single, with Kids
12%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
50%
18-34 yrs old
41%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Tennis
Music Concerts
Hiking/backpacking
Where do the neighbors shop?
Crate & Barrel
H&M
Bloomingdales
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
BMW
Volkswagen
Audi
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in New Orleans, LA
About 152527 Melpomene St
This home is located at 152527 Melpomene St in New Orleans, LA and zip code 70130. This 3,240 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $1,030,000.
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. Listings spent 82 days on the market in January 2025, and had a median list price of $328,483 during the same period.
From Rocket Homes Real Estate and based on county public records data.