$4,038 Closing Credit¹
#2497620, Rachael Burke, Listing Office: Christian Shane Properties
$349,000 List price
538-40 Verret St New Orleans, LA 70114
$4,144
Closing credit¹
4 beds
2 full
1,716 sqft
0.07 acres
$203 / sqft
Multi-Family
Property details
About 538-40 Verret St
Looking for a solid home with updates but that also offers room to bring your vision to life? Would you love to live in a vibrant neighborhood that has old school charm with easy accessibility to all you love about living in New Orleans? Welcome to 538-540 Verret Street in Historic Algiers Point. Offering the old house charm you crave with a flexible floor plan that allows you to have a spacious single family home or a multi-family home. Who doesn't love to have to options!?! The front porch is a warm and inviting greeting to this home giving fantastic curb appeal and a wonderful place to commune with neighbors. Once inside you will immediately notice the beautiful hardwood floors (no carpet here), fresh paint, and remodeled bathrooms! Featuring 12ft ceilings throughout most of the home, and lots of windows- it lives large and has wonderful natural light. Don't miss the mud rooms in the back of the home with additional cabinetry for storage. There is a nice size back yard area- make it a courtyard, plant a garden, room for your pups to play, or all of the above! What makes this all even better: WHOLE HOME GENERATOR, Updated electrical, X flood zone with assumable flood insurance and under termite contract. If you had given up on finding an affordable home in a stellar location that still has room to build equity- here is your chance! Sorry no FHA or VA loans.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air, Window Unit(s)
Size1,716 sqft
Lot size0.0733 Acres
Year built1935
MLS #2500791
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 4
- Parking: None
- Exterior: Fence, Porch
- Heating: Central
- Cooling: Central Air, Window Unit(s)
- List Price: $349,000
- Price/SqFt: $203
- Lot: City Lot, Rectangular Lot
- Year Built: 1935
- Stories: 1
- Living Area: 1,716 SqFt
- Lot Size: 0.0733 Acres
- MLS Number: 2500791
- MLS Name: NOMAR
- Office Name: Crescent City Living, LLC
- Office Phone: (504) 327-5303
- Office Email: lisa@crescentcityliving.com
- Listing Agent: Heather Shields
- Agent Phone: (504) 450-9672
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Last updated on: 5/12/2025, 5:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$349,000
538-40 Verret St
$4,144
closing credit¹
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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
0.3 mi
•709 Park Blvd
2
McDonogh No.26 Elementary School
Public District PK-5
1.2 mi
•1200 Jefferson St
7
William Hart Elementary School
Public District PK-5
1.8 mi
•2001 Hancock 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 $22,632. The majority of New Orleans, LA residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
67%
<35k
31%
35k-100k
2%
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
25%
Single, with Kids
10%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Popeyes
What do the neighbors drive?
Kia
Buick
Dodge
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 538-40 Verret St in New Orleans, LA and zip code 70114 in the Algiers neighborhood. This 1,716 square foot home, which was built in 1935, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $349,000.
While more than 40 listings in New Orleans, LA in April 2025 were sold above asking price, there were more than 45 listings sold at asking price, and more than 193 were sold below. In April 2025 in New Orleans, LA there were 13.8% more homes for sale than in March. Listings spent 85 days on the market in April 2025, and had a median list price of $329,697 during the same period.
From Rocket Homes Real Estate and based on county public records data.