$1,775 Closing Credit¹
John Nugent, Listing Office: REVE, REALTORS
$1,651
closing credit¹
5518 Lafaye St New Orleans, LA 70122
$139,000 List price
$1,651
Closing credit¹
3 beds
1 full
1,067 sqft
0.1 acres
$130 / sqft
House
Property details
About 5518 Lafaye St
COME BE A TAKER ON THIS MONEY MAKER! Discover the potential in this charming 3-bedroom, 1-bath home! With convenient rear yard access, a spacious storage shed, and an in-house laundry area, this property offers plenty of practical perks. Currently bringing in over $1,200 per month through HANO, it's a great investment opportunity. Plus, the long-term tenant loves living here and is eager to stay. Add this property to your portfolio today—it’s attractively priced to reflect its current condition and potential for the future!
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Single Unit
Size1,067 sqft
Lot size0.1377 Acres
Year built1948
ParkingOff Street
MLS #2473143
Summary
- MLS Number: 2473143
- MLS Name: NOMAR
- Office Name: XLV Realty LLC
- Office Phone: (504) 399-4545
- Office Email: Agentlloyd@bellsouth.net
- Listing Agent: Lloyd Clark
- Agent Phone: (504) 289-2775
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Last updated on: 1/30/2025, 11:20:49 PM 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
$139,000
5518 Lafaye St
$1,651
closing credit¹
Sell your home with Rocket and save even more!
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
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $7,600 | $- |
| 2022 | $7,340 | $- |
| 2021 | $7,600 | $- |
| 2020 | $7,600 | $1,304 |
| 2019 | $10,550 | $1,793 |
| 2018 | $10,550 | $1,825 |
| 2017 | $10,550 | $1,552 |
History based on county public records data.
Nearby schools
3
Audubon Charter School - Gentilly
Public Charter PK-4
0.6 mi
•4720 Painters St
4
Kipp East Community
Public Charter PK-6
2.0 mi
•6519 Virgilian St
7
Marie Riviere Elementary School
Public District PK-5
4.5 mi
•1564 Lake Ave
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 $41,000. The majority of New Orleans, LA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
36%
<35k
62%
35k-100k
2%
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?
53%
Single, No Kids
16%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Where do the neighbors shop?
IKEA
Crate & Barrel
Where do the neighbors go to eat?
Quiznos
Starbucks
What do the neighbors drive?
Lexus
BMW
What do the neighbors listen to?
Soft Adult Contemporary
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5518 Lafaye St
This home is located at 5518 Lafaye St in New Orleans, LA and zip code 70122 in the Gentilly neighborhood. This 1,067 square foot home, which was built in 1948, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $139,000.
New Orleans, LA housing market in December 2024 saw over 26 listings sold above listed price, more than 46 sold at listed price and over 204 sold below. The number of listings in New Orleans, LA increased by 0.5% between November and December 2024. In December 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $325,680.
From Rocket Homes Real Estate and based on county public records data.