$2,138

closing credit¹

872931 Edinburgh St New Orleans, LA 70118

$180,000
3 beds
3 full
1,800 sqft
$100 / sqft
Multi-Family

Property details

About 872931 Edinburgh St

"MONEY-MAKING RENTAL PROPERTY ~ PRICED UNDER $200k!" Fully occupied by "long term tenants!" Seller converted this duplex to a triplex and is currently collecting a total of $40,236 per yr. ($3,353 per month) in gross rental revenue, for all three units. Section 8 rental assisted units. All measurements are approximate. All appliances, and A/C units, are owned by the Seller and will be included with the sale/purchase. All units have window units for A/C and wall furnaces for heat. Will not qualify for FHA or VA financing. Calling all "CASH" buyers! Located close to Costco Wholesale's Dublin St. location, just off S. Carrollton Ave. Even though this property is in need of repairs, it's fully occupied and is raking in the revenue! 24 hour notice is needed to schedule all showings.

Highlights

Home typeDuplex
HeatingOther
StatusActive
CoolingWindow Unit(s)
Size1,800 sqft
Lot size0 Acres
Year built1974
ParkingOff Street, Three or more Spaces
MLS #2470151

Summary

  • MLS Number: 2470151
  • MLS Name: NOMAR
  • Office Name: Arcement Realty, LLC
  • Office Phone: (504) 277-4487
  • Office Email: DanaArcement@gmail.com
  • Listing Agent: Dana Arcement
  • Agent Phone: (504) 858-4543

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Last updated on: 1/31/2025, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$180,000

872931 Edinburgh St

$2,138

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

10

Metairie Academy for Advanced Studies

Public Magnet PK-5

0.6 mi

201 Metairie Rd

1

Noble Minds

Public Charter KG-5

1.7 mi

1333 S Carrollton Ave

7

Marie Riviere Elementary School

Public District PK-5

3.0 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 $31,833. Residents of New Orleans, LA typically earn less than $<35k each year. 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?

54%
<35k
43%
35k-100k
3%
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?

52%
Single, No Kids
23%
Single, with Kids
15%
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
8%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 872931 Edinburgh St in New Orleans, LA and zip code 70118 in the Holly Grove neighborhood. This 1,800 square foot home was built in 1974. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 3, 2024 and is currently priced at $180,000.

In December 2024 more than 26 listings in New Orleans, LA were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 204 were sold below. The number of listings in New Orleans, LA increased by 0.5% between November and December 2024. Listings spent 74 days on the market in December 2024, and had a median list price of $325,680 during the same period.

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

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