$3,206 Closing Credit¹
#2475721, Linh Phuong, Listing Office: People's Realty, Inc.
$3,432
closing credit¹
503 Wright Ave Terrytown, LA 70056
$289,000 List price
$3,432
Closing credit¹
3 beds
2 full
1,990 sqft
$145 / sqft
House
Property details
About 503 Wright Ave
Thank you for viewing! You will also be able to see other portfolio pictures in this listing. Please read the entire public remarks...This lovely 3 bedroom/ 2 full bath home has approximately 1990 sq ft of living area not to mention an attached 2 car garage. The house has a large primary suite with 1 spacious walk-in closet and 1 additional closet, full bathroom and cozy sitting area. The home also includes separate living and dining rooms, and furnished kitchen. This house is currently leased and in excellent condition and comes with hard wood floors, ceramic tiles and laminate. Spacious backyard for outside enjoyment, with a fabulous covered patio, and storage shed. This profitable rental portfolio in New Orleans includes 2 doubles, 1 single-family home, 1 four-plex, and 3 fully furnished single-family corporate rental properties, collectively generating a minimum annual income of $259,000. Nestled in a city renowned for its jazz music, vibrant festivals, creole cuisine, and rich culture, these properties offer immense potential. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Each property has been meticulously renovated, offering a turnkey investment opportunity. Offered at $3.5 million, this portfolio represents a rare opportunity in a thriving market. Prospective buyers must sign a confidentiality agreement and provide proof of funds or bank approval. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. This listing also shows pictures of other properties in the portfolio listed under MLS#2461653, MLS#2461661, MLS#2461161, MLS#2461163, MLS#2461658, and MLS #2461660.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Single Unit
Size1,990 sqft
Lot size0 Acres
Year built1975
ParkingAttached, Garage, Two Spaces, Garage Door Opener
MLS #2461662
Summary
- MLS Number: 2461662
- MLS Name: NOMAR
- Office Name: WEICHERT, REALTORS - Prestige Homes
- Office Phone: (504) 239-1549
- Office Email: dplaia03@gmail.com
- Listing Agent: Darlene Plaia
- Agent Phone: (504) 239-1549
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Last updated on: 2/6/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$289,000
503 Wright Ave
$3,432
closing credit¹
Sell your home with Rocket and save even more!
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $11,770 | $1,538 |
| 2022 | $11,770 | $1,499 |
| 2021 | $11,770 | $1,499 |
| 2020 | $11,770 | $1,413 |
| 2019 | $11,770 | $1,439 |
| 2018 | $11,770 | $1,344 |
| 2017 | $11,770 | $1,288 |
History based on county public records data.
Nearby schools
4
Terrytown Elementary School
Public District PK-5
0.5 mi
•550 E Forest Lawn Dr
7
William Hart Elementary School
Public District PK-5
0.9 mi
•2001 Hancock St
10
Gretna No. 2 Academy for Advanced Studies
Public Magnet PK-5
1.3 mi
•701 Amelia 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 $69,643. Typical income of Terrytown, LA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
33%
<35k
41%
35k-100k
26%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
16%
Single, with Kids
26%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Extreme Sports
Basketball
Where do the neighbors shop?
Stein Mart
Sam's Club
Ross Dress For Less
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Jasons Deli
What do the neighbors drive?
Buick
Oldsmobile
Acura
What do the neighbors listen to?
Contemporary Inspirational
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 503 Wright Ave
This home is located at 503 Wright Ave in Terrytown, LA and zip code 70056. This 1,990 square foot home was built in 1975. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $289,000.
Over 5 listings were sold over their listed price in January 2025 in Terrytown, LA. In the same period over 9 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Terrytown, LA increased by 12.5% between December and January 2025. In January 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $240,000.
From Rocket Homes Real Estate and based on county public records data.