#2480687, Rhonda Maestri, Listing Office: LATTER & BLUM (LATT01)
$2,138
closing credit¹
872931 Edinburgh St New Orleans, LA 70118
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
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
Disclaimer: Copyright © 2025, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.
The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.
By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.
Get an agent. Get a mortgage. Save big.¹
$180,000
872931 Edinburgh St
$2,138
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
We're sorry, we currently don't have tax history data for this listing.
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.
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.
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.