Backup offers
$4,150 Closing Credit¹
#2470383, Jeannine Relf, Listing Office: J. RELF REALTY, INC.
$390,000 List price
1550 N Derbigny St New Orleans, LA 70116
$4,631
Closing credit¹
5 beds
3 full
2,050 sqft
0.07 acres
$190 / sqft
Multi-Family
Property details
About 1550 N Derbigny St
Introducing a stunning multi-family home nestled in the historic Treme neighborhood, a gem that promises both charm and investment potential. This beautifully renovated property features five spacious bedrooms and three well-appointed bathrooms, spread over 2,050 square feet of interior space. Perfect for those looking to generate rental income, each unit within this home has been thoughtfully updated to blend modern comforts with traditional aesthetics. The high ceilings and large windows ensure each room is bathed in natural light, creating a warm and inviting atmosphere that tenants will love. Location is everything, and this property does not disappoint. A stone's throw away, you'll find the celebrated St. Augustine High School, making this an ideal location for families. For daily conveniences, Rouses Market is just a short drive away, offering a variety of fresh food options. Fitness and recreational activities are easily accessible at the nearby Andre Cailloux Park and Treme Recreation Community Center, providing ample opportunities for relaxation and community engagement. Don't miss out on the opportunity to own a piece of New Orleans' rich cultural tapestry, all while enjoying the benefits of a savvy investment. Whether you're looking to enrich your portfolio or find a multi-generational living solution, this property offers a unique blend of historical elegance and modern functionality. Embrace the soul of New Orleans with a home that's as profitable as it is picturesque. Welcome to a place where every corner tells a story and every room invites you to stay. Seller will make no repairs and inspections are for buyer's informational purposes only.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,050 sqft
Lot size0.0712 Acres
Year built1950
ParkingOff Street
MLS #2492307
Summary
- MLS Number: 2492307
- MLS Name: NOMAR
- Office Name: eXp Realty, LLC
- Office Phone: (337) 522-7554
- Office Email: la.broker@exprealty.net
- Listing Agent: Tyrell Morris
- Agent Phone: (202) 607-4612
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 12:20:50 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
$390,000
1550 N Derbigny St
$4,631
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 19, 2021 | Home Sold | $380,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $36,000 | $- |
| 2022 | $34,360 | $- |
| 2021 | $33,190 | $- |
| 2020 | $12,070 | $1,754 |
| 2019 | $10,210 | $1,542 |
| 2018 | $10,210 | $1,573 |
| 2017 | $10,210 | $1,502 |
History based on county public records data.
Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
2.6 mi
•709 Park Blvd
3
Audubon Charter School - Gentilly
Public Charter PK-4
2.6 mi
•4720 Painters St
2
McDonogh No.26 Elementary School
Public District PK-5
3.3 mi
•1200 Jefferson 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 $23,263. Residents of New Orleans, LA typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
61%
<35k
28%
35k-100k
7%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
68%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
4%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Popeyes
Boston Market
What do the neighbors drive?
Kia
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1550 N Derbigny St in New Orleans, LA and zip code 70116 in the Seventh Ward neighborhood. This 2,050 square foot home, which was built in 1950, sits on a 0.07 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $390,000.
New Orleans, LA housing market in March 2025 saw over 27 listings sold above listed price, more than 40 sold at listed price and over 167 sold below. The number of listings in New Orleans, LA increased by 14.8% between February and March 2025. The median list price of listings available in March 2025 was $329,791, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.