$3,028

closing credit¹

3702 Monroe St New Orleans, LA 70118

$255,000
5 beds
2 full
2,232 sqft
0.1 acres
$114 / sqft
Multi-Family

Property details

About 3702 Monroe St

Perfect addition to any portfolio or awesome starter home for an owner occupant. Cash flows well and would be an awesome recently renovated. This turnkey property is has potential rent of $1331 for the 2 bedroom unit and $1716 for the 3 bedroom unit by Hano’s 2023 Payment Standards. Schedule your private showing today.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,232 sqft
Lot size0.1148 Acres
Year built1950
MLS #2481345

Summary

  • MLS Number: 2481345
  • MLS Name: NOMAR
  • Office Name: NOLA Property Collective, LLC
  • Office Phone: (504) 940-4752
  • Office Email: info@nolapropertycollective.com
  • Listing Agent: Meghan Mercadel
  • Agent Phone: (504) 940-4752

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Last updated on: 1/31/2025, 11:20:50 AM 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 front of home with a front yard

$255,000

3702 Monroe St

$3,028

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 30, 2008
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2023$12,600$-
2022$12,030$-
2021$12,600$-
2020$14,000$2,035
2019$9,410$1,421
2018$9,410$1,449
2017$9,410$1,384

History based on county public records data.

Nearby schools

10

Metairie Academy for Advanced Studies

Public Magnet PK-5

1.0 mi

201 Metairie Rd

1

Noble Minds

Public Charter KG-5

1.7 mi

1333 S Carrollton Ave

7

Marie Riviere Elementary School

Public District PK-5

3.2 mi

1564 Lake Ave

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 $30,952. The majority of New Orleans, LA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

59%
<35k
36%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
29%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 3702 Monroe St in New Orleans, LA and zip code 70118 in the Holly Grove neighborhood. This 2,232 square foot home, which was built in 1950, sits on a 0.11 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $255,000.

In December 2024 more than 26 listings in New Orleans, LA were sold above the asking price. During the same period more than 46 listings were sold at asking price, while 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%. In December 2024 median list price was $325,680 and the average listing age was 74 days.

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

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