$425,000

5016-5018 Newlands St Metairie, LA 70006

$5,047
Closing credit¹
6 beds
4 full, 2 partial
3,274 sqft
0.2 acres
$130 / sqft
Multi-Family

Property details

About 5016-5018 Newlands St

Investment opportunity: Rent both units or live in one and rent the other. Duplex next door currently rented for $1,500/month, per unit. Extensive work done to both units in 2022. New roofing, Flooring, paint, kitchen counters, cabinets and more. Townhomes have a great layout. 3 bedroom, 2.5 bath with living room/dining room and then a den/breakfast-nook off the kitchen and nice size laundry room. Large parking area in the back as well as separate fenced in patio for each unit. The area is convenient to Interstate, schools, restaurants and other parts of New Orleans area. Homes in the area are very well maintained. 5016 currently has tenant please do not disturb.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size3,274 sqft
Lot size0.1932 Acres
Year built1965
ParkingOff Street, Parking Lot
MLS #2492527

Summary

  • MLS Number: 2492527
  • MLS Name: NOMAR
  • Office Name: Falaya
  • Office Phone: (225) 416-6130
  • Office Email: sales@falaya.com
  • Listing Agent: Barret Blondeau
  • Agent Phone: (225) 416-6130

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Last updated on: 4/18/2025, 12:20:51 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 featuring brick siding, fence, and a front lawn

$425,000

5016-5018 Newlands St

$5,047

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

Alice Birney Elementary School

Public District PK-5

1.2 mi

4829 Hastings St

3

Phoebe Hearst Elementary School

Public District PK-5

1.3 mi

5208 Wabash St

7

Bridgedale Elementary School

Public District PK-5

1.7 mi

808 Zinnia 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 $68,701. The majority of Metairie, LA residents have income between $35k-100k annually. The majority of families are married, 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?

22%
<35k
46%
35k-100k
27%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
6%
Single, with Kids
37%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
42%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Metairie, LA

About 5016-5018 Newlands St

This home is located at 5016-5018 Newlands St in Metairie, LA and zip code 70002. This 3,274 square foot home, which was built in 1965, sits on a 0.19 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $425,000.

While more than 10 listings in Metairie, LA in March 2025 were sold above asking price, there were more than 18 listings sold at asking price, and more than 68 were sold below. Between February and March 2025, Metairie, LA real estate market has seen increase in the number of listings by 16.7%. In March 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $314,900.

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

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