$549,000

5510 Canal Blvd New Orleans, LA 70124

$6,519
Closing credit¹
6 beds
4 full
3,370 sqft
$163 / sqft
Multi-Family

Property details

About 5510 Canal Blvd

Discover the charm of New Orleans' Navarre neighborhood with this amazing 3-plex property on Canal Blvd! Perfectly positioned for both homeowners and savvy investors, this raised basement gem is currently fully occupied, providing immediate cash flow. The upper unit features an expansive front porch, awesome place for soaking in the vibrant surroundings. Inside, enjoy the elegance of beautiful wood floors and soaring 9' ceilings, complemented by 3 spacious bedrooms and 2 modern bathrooms. The lower level boasts two cozy units, each equipped with washer and dryer hookups, featuring durable tile floors and comfortable 7' ceilings. With parking for 3+ cars, convenience is at your fingertips! Imagine the potential for growth in this thriving community—just minutes from local shops, restaurants, and the unique culture that only New Orleans can offer. Don’t miss out on this rare opportunity to own a piece of paradise while generating income! Whether you’re looking to expand your real estate portfolio or find a perfect home with rental potential, this property checks all the boxes. Act Now! Schedule a viewing today and step into your next investment adventure.

Highlights

Home typeTriplex
HeatingOther
StatusActive
CoolingCentral Air, Window Unit(s)
Size3,370 sqft
Year built1923
ParkingThree or more Spaces
MLS #2486120

Summary

  • MLS Number: 2486120
  • MLS Name: NOMAR
  • Office Name: LATTER & BLUM (LATT09)
  • Office Phone: (504) 948-3011
  • Office Email: evelyn.wolford@compass.com
  • Listing Agent: Samara Poche'
  • Agent Phone: (504) 319-6226

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Last updated on: 3/13/2025, 4:20:53 PM 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 entrance to property

$549,000

5510 Canal Blvd

$6,519

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$43,690$-
2022$41,990$-
2021$43,690$-
2020$45,240$6,726
2019$28,310$4,412
2018$28,310$4,497
2017$28,310$4,299

History based on county public records data.

Nearby schools

10

Metairie Academy for Advanced Studies

Public Magnet PK-5

1.1 mi

201 Metairie Rd

7

Marie Riviere Elementary School

Public District PK-5

2.0 mi

1564 Lake Ave

8

Dr. John Ochsner Discovery Health Sciences Academy

Public District KG-4

3.1 mi

2012 Jefferson Hwy

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 $44,914. The majority of New Orleans, LA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

37%
<35k
46%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

70%
Single, No Kids
7%
Single, with Kids
17%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
46%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • ChipotleChipotle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • BMWBMW
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 5510 Canal Blvd in New Orleans, LA and zip code 70124 in the Navarre neighborhood. This 3,370 square foot home was built in 1923. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 7, 2025 and is currently priced at $549,000.

In February 2025, from all listings sold in New Orleans, LA there were more than 30 sold above asking price, over 168 sold below and more than 35 were sold right at the asked price. Between January and February 2025, New Orleans, LA real estate market has seen increase in the number of listings by 10.5%. While the average time on the market in February 2025 was 83 days, the median list price was $328,998.

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

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