$5,344

closing credit¹

2828 Louisiana Ave New Orleans, LA 70115

$450,000
8 beds
8 full
4,328 sqft
0.2 acres
$104 / sqft
Multi-Family

Property details

About 2828 Louisiana Ave

Calling all investors! Presenting a rare income-producing multi family opportunity in the heart of Uptown New Orleans! This well-maintained 4-plex features 2-bedroom/2-bathroom units, each offering comfortable living spaces with desirable amenities. With all units consistently generating above 1% of the purchase price in monthly rent, this property is a fantastic investment for both seasoned investors and newcomers to the market. Total rent amount earned from all units was $6,206 before one unit's lease ended in December 2024. New owner can rent or owner occupy.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size4,328 sqft
Lot size0.1653 Acres
Year built1970
ParkingDriveway, Off Street
MLS #2480036

Summary

  • MLS Number: 2480036
  • MLS Name: NOMAR
  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Office Email: lucy@kw.com
  • Listing Agent: Austin McCann
  • Agent Phone: (504) 615-3946

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Last updated on: 2/1/2025, 11:55:49 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

bungalow-style house with a porch

$450,000

2828 Louisiana Ave

$5,344

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 02, 2018
Home Sold
$2,410,333

Tax history

YearAssessmentProperty Tax
2023$47,920$-
2022$41,600$-
2021$47,920$-
2020$36,240$5,268
2019$36,240$5,475
2018$36,240$5,583
2017$36,240$5,331

History based on county public records data.

Nearby schools

1

Noble Minds

Public Charter KG-5

1.9 mi

1333 S Carrollton Ave

2

McDonogh No.26 Elementary School

Public District PK-5

2.8 mi

1200 Jefferson St

10

Gretna No. 2 Academy for Advanced Studies

Public Magnet PK-5

2.9 mi

701 Amelia 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 $20,000. Typical income of New Orleans, LA residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

79%
<35k
21%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma

What types of families live nearby?

60%
Single, No Kids
32%
Single, with Kids
5%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
21%
18-34 yrs old
42%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Live TheatreLive Theatre

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
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 2828 Louisiana Ave in New Orleans, LA and zip code 70115 in the Milan neighborhood. This 4,328 square foot home, which was built in 1970, sits on a 0.17 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $450,000.

Over 16 listings were sold over their listed price in January 2025 in New Orleans, LA. In the same period over 129 listings were sold below the listed price and 21 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 8.7% between December and January 2025. In January 2025 median list price was $328,483 and the average listing age was 82 days.

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

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