$10,000 Closing Credit¹
#2458119, Edmond Davis, Listing Office: Real Property Realtors
$8,609
closing credit¹
2830-32 Palmer Ave New Orleans, LA 70118
$725,000 List price
$8,609
Closing credit¹
8 beds
4 full
3,632 sqft
$200 / sqft
Multi-Family
Property details
About 2830-32 Palmer Ave
University-area cash cow with off-street parking in desirable Uptown location! Nestled on a tree-lined street, this fully occupied duplex has an annual income of $86,400! Each top and bottom unit has 4 bedrooms and 2 bathrooms renting for $3,600/mo. The property boasts separate water and electric meters. It has a strong rental history and is currently leased through May 2025. The roof was replaced in 2021. Property is complete with a spacious backyard and detached carport. Don't miss out on this unique investment opportunity with high student demand!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,632 sqft
Lot size0 Acres
Year built1932
ParkingDriveway, Off Street, Three or more Spaces
MLS #2480007
Summary
- MLS Number: 2480007
- MLS Name: NOMAR
- Office Name: REVE, REALTORS
- Office Phone: (504) 300-0700
- Office Email: david.favret@reverealtors.com
- Listing Agent: Katherine Bosio
- Agent Phone: (504) 756-2088
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Last updated on: 2/1/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$725,000
2830-32 Palmer Ave
$8,609
closing credit¹
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Seller rebate
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Price information
Property sales
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Tax history
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Nearby schools
1
Noble Minds
Public Charter KG-5
1.2 mi
•1333 S Carrollton Ave
4
Joshua Butler Elementary School
Public District PK-5
2.2 mi
•300 Fourth St
3
Isaac G. Joseph Elementary School
Public District PK-5
2.3 mi
•537 Avenue D
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 $147,917. The majority of New Orleans, LA residents have income $200k+ annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
22%
35k-100k
17%
100k-200k
49%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
3%
Single, with Kids
29%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Mercedes
Audi
BMW
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 2830-32 Palmer Ave in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 3,632 square foot home was built in 1932. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $725,000.
While more than 26 listings in New Orleans, LA in December 2024 were sold above asking price, there were more than 46 listings sold at asking price, and more than 204 were sold below. Between November and December 2024, New Orleans, LA real estate market has seen increase in the number of listings by 0.5%. Listings spent 74 days on the market in December 2024, and had a median list price of $325,680 during the same period.
From Rocket Homes Real Estate and based on county public records data.