$1,176

closing credit¹

402 Wallace Dr New Orleans, LA 70122

$99,000
2 beds
1 full
1,011 sqft
$98 / sqft
House

Property details

About 402 Wallace Dr

Investor special with lots of potential in the heart of Gentilly near Dillard University! This 2 bedroom, 1 bathroom cottage could easily be converted to a 3 bedroom, 1 bathroom home, or a 2 bedroom, 2 bathroom home. Priced well for a flip and sale, or to renovate and hold as a rental property. Stop by and fall in love!

Highlights

Home typeSingle Family Residence
HeatingOther
StatusAccepting Backup Offers
(Active Under Contract)
CoolingWindow Unit(s)
Size1,011 sqft
Lot size0 Acres
Year built1950
ParkingDriveway
MLS #2473374

Summary

  • MLS Number: 2473374
  • MLS Name: NOMAR
  • Office Name: NOLA Living Realty
  • Office Phone: (504) 301-9757
  • Office Email: eric@nolaliving.com
  • Listing Agent: Zuheily Lemoine
  • Agent Phone: (504) 621-5916

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Last updated on: 1/30/2025, 9:20:50 AM 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 with a front lawn

$99,000

402 Wallace Dr

$1,176

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$8,760$-
2022$8,420$-
2021$8,760$-
2020$8,760$280
2019$8,260$212
2018$8,260$214
2017$8,260$190

History based on county public records data.

Nearby schools

3

Audubon Charter School - Gentilly

Public Charter PK-4

0.9 mi

4720 Painters St

4

Kipp East Community

Public Charter PK-6

3.3 mi

6519 Virgilian St

7

Marie Riviere Elementary School

Public District PK-5

3.6 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 $40,000. The majority of New Orleans, LA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
15%
Single, with Kids
17%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
6%
12-17 yrs old
36%
18-34 yrs old
34%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 402 Wallace Dr

This home is located at 402 Wallace Dr in New Orleans, LA and zip code 70122 in the Dillard neighborhood. This 1,011 square foot home was built in 1950. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $99,000.

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. The number of homes for sale in New Orleans, LA increased by 0.5% between November and December 2024. While the average time on the market in December 2024 was 74 days, the median list price was $325,680.

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

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