2205 N Hullen St Metairie, LA 70001

$3,250,000
60 beds
36 full, 18 partial
31,652 sqft
$103 / sqft
Condo

Property details

About 2205 N Hullen St

$500K PRICE REDUCTION! Introducing 2205 & 2221 N. Hullen Street, a 36-unit multifamily property (two 18-unit buildings) located in Metairie, LA. This well maintained complex consists of a mix of 2 bed 1 bath units, 2 bed 1.5 bath units and 1 bed 1 bath units with addition of a coin operated laundry room in each building. Based on market rent comparables included in this OM, there is room to increase rental rates to $1,350/mo for the larger units. Metairie is a highly desirable market for both renters and investors alike. Multifamily properties in Metairie generally experience lower turnover and rent extremely quick and 2205/2221 N Hullen is no exception. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Property amenities include a well-kept swimming pool, laundry room in each building, washer & dryer hookups in several units, and ample parking for tenants. New roof as of 2022. In sum, 2205 & 2221 N. Hullen Street represents an extraordinary value-add investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size31,652 sqft
Lot size0 Acres
Year built1987
ParkingOff Street, Parking Lot
MLS #2441947

Summary

  • MLS Number: 2441947
  • MLS Name: NOMAR
  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 298-8631
  • Office Email: mason@bridgewater.realty
  • Listing Agent: Bryce Danna-Marullo
  • Agent Phone: (504) 301-5583

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Last updated on: 2/11/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,250,000

2205 N Hullen St

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Price information

Property sales

DateEventPrice
Jun 22, 2022
Home Sold
$1,200,000
Jun 22, 2022
Home Sold
$1,200,000

Tax history

YearAssessmentProperty Tax
2023$83,090$10,930
2022$83,090$10,644
2021$83,090$10,644
2020$83,090$9,886
2019$79,440$9,648
2018$79,440$9,008
2017$79,440$9,008

History based on county public records data.

Nearby schools

7

Bridgedale Elementary School

Public District PK-5

1.8 mi

808 Zinnia Ave

10

Metairie Academy for Advanced Studies

Public Magnet PK-5

2.1 mi

201 Metairie Rd

3

Phoebe Hearst Elementary School

Public District PK-5

2.2 mi

5208 Wabash 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 $36,967. Typical income of Metairie, LA residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

48%
<35k
43%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

73%
Single, No Kids
12%
Single, with Kids
10%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
51%
18-34 yrs old
29%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

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

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Frequently asked questions

Living in Metairie, LA

About 2205 N Hullen St

This home is located at 2205 N Hullen St in Metairie, LA and zip code 70001. This 31,652 square foot home was built in 1987. Features: 60 bedrooms, 54 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $3,250,000.

Metairie, LA housing market in January 2025 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 43 sold below. Between December and January 2025, Metairie, LA real estate market has seen increase in the number of listings by 9.5%. Listings spent 70 days on the market in January 2025, and had a median list price of $309,118 during the same period.

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

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