$4,750

closing credit¹

342426 Banks St New Orleans, LA 70119

$400,000
4 beds
3 full
2,524 sqft
0.09 acres
$158 / sqft
Multi-Family

Property details

About 342426 Banks St

LOCATION! LOCATION! LOCATION! Exceptional investment opportunity in the heart of Mid-City, just steps from the Street Car, buses & everything this vibrant neighborhood has to offer. This charming double features a cozy front porch & offers private, stylish living with modern upgrades, all in one of the city's most sought-after areas! Both units have been updated with **new deluxe HVAC systems** (with 10-year warranties), a **new tankless water heater**, & a **NEW ROOF**. The property retains its beautiful original wood floors, decorative fireplaces w charming mantels & tiled hearths, & stunning early 20th-century Craftsman-style architecture. Each unit boasts fully equipped eat-in kitchens & its own washer & dryer. The 3426 side offers a versatile layout with a living room, den, dining area, & 2 private bedrooms, including a lofted bedroom with a full bath & a huge walk-in closet. An additional full bathroom is conveniently located downstairs. The unit also has a beautiful brick-paved backyard with easy maintenance landscaping, an 8-ft privacy fence, & a 12'x4' cedar shed for extra storage. The 3424 side provides a spacious living & dining area, along w 2 bedrooms, making it ideal for a variety of living situations. Located in a highly **walkable Mid-City neighborhood**, this property is just moments away from Bayou St. John, Whole Foods, tons of dining, Tulane Med School, Xavier University, LSU Health Sciences, LCMC, & the VA Hospital. A short 3 miles to City Park, & only 10 minutes to the French Quarter, or Metairie, with easy access to major highways & the airport. Plus, it's just a stone’s throw from the Endymion parade route during Mardi Gras! Lights & gas are separately metered, 1 water meter w an average bill of $75 a month. 3424 recently rented for $1,850/month, with 3426 projected to rent for $2,100/month. Great for owner occupants or investors! Copy links for 3D tours. 3424 3D TOUR -- https://bit.ly/3424Banks & 3426 3D TOUR -- https://bit.ly/3426Banks

Highlights

Home typeDuplex
HeatingCentral, Natural Gas
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size2,524 sqft
Lot size0.0884 Acres
Year built1897
MLS #2481927

Summary

  • MLS Number: 2481927
  • MLS Name: NOMAR
  • Office Name: KELLER WILLIAMS REALTY 455-0100
  • Office Phone: (504) 455-0100
  • Office Email: lucy@kw.com
  • Listing Agent: Sonnie Harmon
  • Agent Phone: (504) 301-7606

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view of front of property featuring covered porch

$400,000

342426 Banks St

$4,750

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

6

Elan Academy Charter School

Public Charter PK-5

1.4 mi

709 Park Blvd

2

McDonogh No.26 Elementary School

Public District PK-5

1.6 mi

1200 Jefferson St

10

Gretna No. 2 Academy for Advanced Studies

Public Magnet PK-5

2.1 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 $71,128. Typical income of New Orleans, LA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
41%
35k-100k
22%
100k-200k
12%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

84%
Single, No Kids
2%
Single, with Kids
12%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
50%
18-34 yrs old
41%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • BMWBMW
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 342426 Banks St in New Orleans, LA and zip code 70130 in the Lower Garden District neighborhood. This 2,524 square foot home, which was built in 1897, sits on a 0.09 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $400,000.

In January 2025 more than 16 listings in New Orleans, LA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 129 were sold below. In January 2025 in New Orleans, LA there were 8.7% more homes for sale than in December. The median list price of listings available in January 2025 was $328,483, while the average time on the real estate market was 82 days.

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

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