5340 42 Marais Street New Orleans, LA ^$ 262,000

5340 42 Marais Street

^$ 262,000

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5340 42 Marais Street

New Orleans, LA, 70117

^$ 262,000

Bedrooms4 Baths2.0 Sq 2,494

Monthly Estimate*

^$ 1,741

5340 42 Marais Street, New Orleans, LA 70117 - Image 1

5340 42 Marais Street, New Orleans, LA 70117 - Image 2

5340 42 Marais Street, New Orleans, LA 70117 - Image 3

5340 42 Marais Street, New Orleans, LA 70117 - Image 4

5340 42 Marais Street, New Orleans, LA 70117 - Image 5

5340 42 Marais Street, New Orleans, LA 70117 - Image 6

5340 42 Marais Street, New Orleans, LA 70117 - Image 7

5340 42 Marais Street, New Orleans, LA 70117 - Image 8

5340 42 Marais Street, New Orleans, LA 70117 - Image 9

5340 42 Marais Street, New Orleans, LA 70117 - Image 10

Multi-Family Home for sale in New Orleans, LA

for $262,000 with 4 bedrooms and 2 full baths. This 2,494 square foot home was built in 1992 on a lot size of 0.1065.

Incredible Opportunity. HACK THE RENTAL MARKET & BRING IN YOUR TENANTS. IF NOT, OCCUPY ONE UNIT RENT FREE BY USING THE EXTRA INCOME! EACH UNIT OFFERS 2 Spacious BEDROOMS & 1 FULL BATH. There is even a unit in the rear that was formally used as an Efficiency. EACH HAVE THERE OWN ELECTRICAL & WATER METER SO TENANTS WILL PAY THEIR OWN BILLS. Plus, X Flood Zone. Why are we even still talking about this!? It's a No Brainer. Let's Go!

Multi-Family Active

Price

^$ 262,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.1065

Year Built

1992

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2374679

Features

General

Sewer Public Sewer

Heating Central Window Unit

Cooling Central Air Window Unit(s)

Roof Shingle

Architectural Style Traditional

Pool Features None

Construction Materials Vinyl Siding

Year Built 1992

Tenant Pays Electricity Gas Water

Stories 2

Levels Two

Property SubType Duplex

County Orleans

New Construction 0

Property Type Residential Income

Total Rooms 0

Status Active

Directions Chef Menture Hwy Headed East Turn Right Onto Corinne

City New Orleans

NumberOfUnitsTotal 2

Street Name MARAIS

Year Built Details 30

Home Warranty Y/N 0

Property Condition Very Good Condition Resale

Days on Market 425

Standard Status Active

Tax Lot 23

Property Sub Type Additional Duplex

Legal Description SQ 427 LOT S MARAIS AND ANDRY 39 X 119 DBLE 8/RM S/R (5340 -5342 MARAISST)

Exterior

Parking Features Off Street Three or more Spaces

Lot Features City Lot Rectangular Lot

Water Source Public

Lot Size Area 0.1065

Foundation Details Raised

Lot Dimensions 39x119

Lot Size Acres 0.1065

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Full Baths 2

Half Baths 0

Street Suffix Street

Laundry Features Inside

Total Bedrooms 4

* Excluded Features

List By

Face To Face Realty, Llc

Broker

jkendall@facetofacerealty.com

Affordability Calculator

$1,741

Per Month

Monthly Principal & Interest: $1,741
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$515,950

Percent of Sale Price 97%

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
12/15/2022	$242,000		Listed Price

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5340 42 Marais Street, New Orleans, LA, 70117 is a Multi-Family Home for sale at $262,000 with 2,494 sqft and a lot size of 0.1065. 5340 42 Marais Street has 4 bedrooms, 2.0 baths, and was built in 1992. The property's zip code is 70117 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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 6/12/2024.

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5340 42 Marais Street

Multi-Family Home for sale in New Orleans, LA

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