#2478841, Mason McCullough, Listing Office: Bridgewater Realty Advisors, LLC
2205 N Hullen St Metairie, LA 70001
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
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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![view of building exterior](/homes/listing-images/47863215_S0172/S0172/S0172-R0100/1065241035/1626848847.jpg?version=1730369615&width=640)
$3,250,000
2205 N Hullen St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 22, 2022 | Home Sold | $1,200,000 |
Jun 22, 2022 | Home Sold | $1,200,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.