740-42 A Louque Place New Orleans, LA ^$ 667,500

740-42 A Louque Place

^$ 667,500

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740-42 A Louque Place

New Orleans, LA, 70124

^$ 667,500

Bedrooms9 Baths4.0 Sq 5,209

Monthly Estimate*

^$ 4,663

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Multi-Family Home for sale in New Orleans, LA

for $667,500 with 9 bedrooms and 4 full baths. This 5,209 square foot home was built in 1929 on a lot size of 0.1102.

Great opportunity to owner occupy or snag an investment property in a demand area. This 4 plex has been well loved and maintained for decades and is ready for its next chapter. All 4 units are tenant occupied and producing income. Tenants pay their own utilities. Corner lot that offers plenty of parking on the street. Roof replaced after Ida. The location is fantastic! The property is in South Lakeview and is convenient to so many features and hot spots. Just one block off Canal Blvd, and walkable to City Park Ave and Orleans Ave. There's a cafe around the corner, a brewery you can bike to, oh and this little place called CITY PARK right in the neighborhood!

Multi-Family Contingent

Price

^$ 667,500

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1102

Year Built

1929

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2431596

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Shingle

Exterior Features Porch

Patio/Porch Features Porch

Architectural Style Other

Pool Features None

Year Built 1929

Tenant Pays Electricity Gas Water

Stories 2

Levels Two

Property SubType Quadruplex

County Orleans

New Construction 0

Property Type Residential Income

Contingency None

Total Rooms 0

Status Active Under Contract

Directions Heading SOUTH on Canal from I-610 take a LEFT on Louque Pl

City New Orleans

Buyer Agent Compensation 2.5

Total Units 4

Street Name LOUQUE

Year Built Details 95

Home Warranty Y/N 0

Property Condition Repairs Cosmetic Very Good Condition Resale

Days on Market 59

Standard Status Active Under Contract

Property Sub Type Additional Quadruplex

Buyer Agent Compensation Type %

Legal Description SQ 18 LOTS 1 AND 2 LOUQUE AND VICKSBURG 20X120 EACH 740-42 LOUQUE PL

Exterior

Parking Features None

Lot Features City Lot Rectangular Lot

Water Source Public

Lot Size Area 0.1102

Foundation Details Slab

Lot Dimensions 54 x 120

Lot Size Acres 0.1102

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Full Baths 4

Half Baths 0

Street Suffix Place

Total Bedrooms 9

* Excluded Features

List By

Re/Max Living

Broker

cghakenjos@gmail.com

Affordability Calculator

$4,663

Per Month

Monthly Principal & Interest: $4,663
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in New Orleans, LA

Average List Price ^$529,300

Percent of Sale Price 21%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/29/2024	$667,500	-2.91%	Price Down
2/2/2024	$687,500		Listed Price

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740-42 A Louque Place, New Orleans, LA, 70124 is a Multi-Family Home for sale at $667,500 with 5,209 sqft and a lot size of 0.1102. 740-42 A Louque Place has 9 bedrooms, 4.0 baths, and was built in 1929. The property's zip code is 70124 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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740-42 A Louque Place

Multi-Family Home for sale in New Orleans, LA

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