$2,078

closing credit¹

5525 Spain St New Orleans, LA 70122

$175,000
6 beds
2 full
2,456 sqft
0.2 acres
$71 / sqft
Multi-Family

Property details

About 5525 Spain St

Duplex now available in Gentilly. This great multi family unit features in each unit 3 bedrooms, 1 bathroom, no carpet and indoor laundry. Come check out the potential that this property has either as an owner occupied and rental or as a double income producing investment. It was previously collecting $1350 per unit.

Highlights

Home typeDuplex
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size2,456 sqft
Lot size0.155 Acres
Year built1958
ParkingDriveway
MLS #2466102

Summary

  • MLS Number: 2466102
  • MLS Name: NOMAR
  • Office Name: Century 21 Action Realty, Inc.
  • Office Phone: (504) 456-8821
  • Listing Agent: Heather Laughlin
  • Agent Phone: (504) 256-6180

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Last updated on: 2/12/2025, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of property featuring a lawn

$175,000

5525 Spain St

$2,078

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 20, 2011
Home Sold
$55,000
Jul 06, 2007
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2023$19,370$-
2022$18,540$-
2021$19,370$-
2020$19,370$2,816
2019$5,670$856
2018$5,670$1,073
2017$5,670$1,034

History based on county public records data.

Nearby schools

3

Audubon Charter School - Gentilly

Public Charter PK-4

0.5 mi

4720 Painters St

4

Kipp East Community

Public Charter PK-6

2.4 mi

6519 Virgilian St

7

Marie Riviere Elementary School

Public District PK-5

4.0 mi

1564 Lake 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 $29,483. Most New Orleans, LA residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

70%
<35k
27%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

56%
Single, No Kids
22%
Single, with Kids
12%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 5525 Spain St in New Orleans, LA and zip code 70122 in the Gentilly neighborhood. This 2,456 square foot home, which was built in 1958, sits on a 0.15 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 3, 2024 and is currently priced at $175,000.

While more than 16 listings in New Orleans, LA in January 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 129 were sold below. The inventory of homes for sale in New Orleans, LA between December and January 2025 increased by 8.7%. While the average time on the market in January 2025 was 82 days, the median list price was $328,483.

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

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