$169,900

1631 Frenchmen St New Orleans, LA 70116

$2,018
Closing credit¹
5 beds
3 full
2,295 sqft
0.06 acres
$74 / sqft
Multi-Family

Property details

About 1631 Frenchmen St

Property was in mid renovation when lender took the property back. There is no knowledge of what stage the electrical, plumbing or any other renovations are at. Potential purchasers have an opportunity to renovate which should be focused on improving the units’ aesthetic appeal, upgrading kitchens or bathrooms, fixing structural elements, or enhancing overall functionality. Since the property was in mid-renovation, there may be flexibility in how the units are finished, allowing for personalized upgrades or improvements that could further increase their rental or sale value. Overall, this is a property that could provide solid returns with the right renovations and strategic management as the property is renovated, its value will likely increase, making it a potentially lucrative long-term investment. Property is being sold as is.

Highlights

Home typeDuplex
StatusActive
Size2,295 sqft
Lot size0.0643 Acres
Year built1951
MLS #2492190

Summary

  • MLS Number: 2492190
  • MLS Name: NOMAR
  • Office Name: Demand Realty
  • Office Phone: (504) 837-3000
  • Office Email: tom@demandrealty.com
  • Listing Agent: Liz Ashe
  • Agent Phone: (504) 401-4285

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Last updated on: 4/7/2025, 1:20:50 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 property with entry steps, fence, and roof with shingles

$169,900

1631 Frenchmen St

$2,018

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 25, 2022
Home Sold
$125,000

Tax history

YearAssessmentProperty Tax
2023$9,630$-
2022$9,630$-
2021$10,090$-
2020$10,090$1,466
2019$10,090$1,524
2018$10,090$1,554
2017$10,090$1,484

History based on county public records data.

Nearby schools

3

Audubon Charter School - Gentilly

Public Charter PK-4

2.4 mi

4720 Painters St

6

Elan Academy Charter School

Public Charter PK-5

2.5 mi

709 Park Blvd

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $49,779. Typical income of New Orleans, LA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

22%
<35k
75%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
29%
Single, with Kids
6%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
27%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1631 Frenchmen St in New Orleans, LA and zip code 70116 in the Seventh Ward neighborhood. This 2,295 square foot home, which was built in 1951, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 19, 2025 and is currently priced at $169,900.

In March 2025, from all listings sold in New Orleans, LA there were more than 27 sold above asking price, over 167 sold below and more than 40 were sold right at the asked price. The inventory of homes for sale in New Orleans, LA between February and March 2025 increased by 14.8%. In March 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $329,791.

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

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