$8,906 Closing Credit¹
#2475739, Debra Howell, Listing Office: REVE, REALTORS
$7,303
closing credit¹
2933 Pine St New Orleans, LA 70125
$615,000 List price
$7,303
Closing credit¹
8 beds
6 full
3,908 sqft
0.1 acres
$157 / sqft
Multi-Family
Property details
About 2933 Pine St
Welcome to 2933 Pine Street, a two-story 4-plex situated in the charming Fountainbleau area of New Orleans, right next to the esteemed Dominican High School. This property presents a phenomenal opportunity for both seasoned and budding investors. Listed by its owner/agent. Built with symmetry and style, each of the four units mirrors its counterpart, offering a consistent and pleasing layout. The two ground-floor shotgun units feature 2 bedrooms and 2 bathrooms each, while the upper shotgun units mirror this configuration with one bath and a rear deck. All units boast modern conveniences, including washer and dryer hookups and central HVAC systems to ensure year-round comfort. Recent updates include a substantial renovation around 2015 and the addition of sleek hardwood floors in the lower units in 2018. Currently, all four units are rented, generating stable income with the highest rent reaching $1,450 per month. One unit comes with off-street parking for one car. A detailed rent roll is available to prospective buyers, illustrating the property’s lucrative potential. For investors looking to maximize their leverage, this property may be eligible for 3.5% down financing through FHA. Additionally, the seller is offering the possibility of financing the purchase via a bond for deed with attractive terms for the right buyer. Alternatively, you might choose to occupy one unit yourself and let the rental income from the other three cover your mortgage— a smart strategy for anyone looking to make their investment even more affordable. Don’t miss out on this exceptional opportunity to own a piece of New Orleans’s vibrant real estate market. Whether you’re expanding your portfolio or stepping into the world of investment for the first time, 2933 Pine Street offers both a great opportunity and a touch of Southern charm.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,908 sqft
Lot size0.116 Acres
Year built1970
ParkingDriveway, Off Street, One Space
MLS #2473740
Summary
- MLS Number: 2473740
- MLS Name: NOMAR
- Office Name: eXp Realty, LLC
- Office Phone: (337) 522-7554
- Office Email: la.broker@exprealty.net
- Listing Agent: Karianne Chassee
- Agent Phone: (225) 456-1363
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Last updated on: 1/31/2025, 10:20:50 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
$615,000
2933 Pine St
$7,303
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 17, 2020 | Home Sold | $470,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $47,000 | $- |
| 2022 | $44,850 | $- |
| 2021 | $37,800 | $- |
| 2020 | $22,890 | $3,327 |
| 2019 | $22,890 | $3,458 |
| 2018 | $22,890 | $3,526 |
| 2017 | $22,890 | $3,367 |
History based on county public records data.
Nearby schools
1
Noble Minds
Public Charter KG-5
1.1 mi
•1333 S Carrollton Ave
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
1.9 mi
•201 Metairie Rd
4
Joshua Butler Elementary School
Public District PK-5
3.9 mi
•300 Fourth 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 $60,962. The majority of New Orleans, LA residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
39%
<35k
25%
35k-100k
21%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
56%
Single, No Kids
12%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
BMW
Audi
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 2933 Pine St in New Orleans, LA and zip code 70125 in the Fontainbleau / Marlyville neighborhood. This 3,908 square foot home, which was built in 1970, sits on a 0.12 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $615,000.
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. The inventory of homes for sale in New Orleans, LA between November and December 2024 increased by 0.5%. In December 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $325,680.
From Rocket Homes Real Estate and based on county public records data.