$10,000

closing credit¹

728 Desire St New Orleans, LA 70117

$1,125,000
6 beds
6 full, 2 partial
4,480 sqft
0.2 acres
$251 / sqft
Condo

Property details

About 728 Desire St

New Price! Great opportunity to purchase a high occupancy multi-family asset in the Bywater Neighborhood in New Orleans. The improvements consist of 4,495 SF of rentable space, with a total of 6 apartments with off-street parking. The building is well maintained and has stabilized in-place cash flow. The location and proximity to the surrounding neighborhoods and the direct proximity of multiple retailers, schools, and places of work provide stability and rent appreciation.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size4,480 sqft
Lot size0.1928 Acres
Year built2019
ParkingOff Street, Three or more Spaces
MLS #2434988

Summary

  • MLS Number: 2434988
  • MLS Name: NOMAR
  • Office Name: REVE, REALTORS
  • Office Phone: (504) 300-0700
  • Office Email: david.favret@reverealtors.com
  • Listing Agent: Phillipa Bowers
  • Agent Phone: (504) 884-3893

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Last updated on: 2/3/2025, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,125,000

728 Desire St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 11, 2018
Home Sold
$775,000

Tax history

YearAssessmentProperty Tax
2023$80,900$-
2022$77,700$-
2021$80,900$-
2020$80,900$11,761
2019$35,800$5,408
2018$35,800$5,516
2017$35,800$5,266

History based on county public records data.

Nearby schools

6

Elan Academy Charter School

Public Charter PK-5

1.7 mi

709 Park Blvd

8

Arabi Elementary School

Public District PK-5

2.6 mi

7200 Alexander Ave

2

McDonogh No.26 Elementary School

Public District PK-5

2.6 mi

1200 Jefferson St

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 $48,664. The most common annual income of people living in New Orleans, LA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

31%
<35k
55%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

79%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
32%
18-34 yrs old
50%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • H&MH&M

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • VolkswagenVolkswagen

What do the neighbors listen to?

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

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Frequently asked questions

About 728 Desire St

This home is located at 728 Desire St in New Orleans, LA and zip code 70117 in the Bywater neighborhood. This 4,480 square foot home, which was built in 2019, sits on a 0.19 acre lot. Features: 6 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $1,125,000.

In January 2025 more than 16 listings in New Orleans, LA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 129 were sold below. Between December and January 2025, New Orleans, LA real estate market has seen increase in the number of listings by 8.7%. In January 2025 median list price was $328,483 and the average listing age was 82 days.

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

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