7929 35 Olive Street New Orleans, LA ^$ 389,900

7929 35 Olive Street

^$ 389,900

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7929 35 Olive Street

New Orleans, LA, 70125

^$ 389,900

Bedrooms8 Baths4.0 Sq 2,640

Monthly Estimate*

^$ 2,591

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Multi-Family Home for sale in New Orleans, LA

for $389,900 with 8 bedrooms and 4 full baths. This 2,640 square foot home was built in 1948 on a lot size of 0.1028.

Discover an exceptional investment opportunity in the heart of New Orleans with this fully renovated 4plex, comprising four units at 7929, 7931, 7933, and 7935 Olive St. Originally built in 1948, the entire property underwent a comprehensive renovation in 2015. Additionally, the 7929 Olive St unit received a full interior renovation in 2022, further enhancing the propertyâs appeal and value. Conventional Loan only 5% DOWN for owner occupants! $4,500/ PER MONTH Potential RENTAL INCOME, Fully Occupied, ROOF UNDER 10 YEAR OLD! Flood Zone X

Multi-Family Active

Price

^$ 389,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1028

Year Built

1948

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2444579

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Shingle

Exterior Features Porch

Patio/Porch Features Porch

Pool Features None

Construction Materials Wood Siding

Year Built 1948

Tenant Pays Electricity Gas

Stories 1

Levels One

Property SubType Quadruplex

County Orleans

Property Type Residential Income

Energy Efficient Windows

Total Rooms 0

Status Active

City New Orleans

NumberOfUnitsTotal 4

Street Name OLIVE

Year Built Details Renovated in 2015 New Plumbing Electric Roof

Home Warranty Y/N 0

Property Condition Very Good Condition

Days on Market 41

Standard Status Active

Tax Lot 6

Property Sub Type Additional Quadruplex

Legal Description SQ 539 LOT 6 FRONT LOT 7 8 PT FRONT LOT 9 OLIVE 56 X 80 2DB 7929-31 & 7933-35 OLIVE

Exterior

Parking Features None

Lot Features City Lot Oversized Lot

Water Source Public

Lot Size Area 0.1028

Foundation Details Raised

Lot Dimensions 56x80

Lot Size Acres 0.1028

Interior

Air Conditioning Y/N 1

Heating Y/N 1

Full Baths 4

Half Baths 0

Street Suffix Street

Laundry Features Common Area

Total Bedrooms 8

* Excluded Features

List By

Norf Realty Llc

Broker

Laura@norfrealty.com

Affordability Calculator

$2,591

Per Month

Monthly Principal & Interest: $2,591
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 ^$516,673

Percent of Sale Price 33%

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
4/23/2024	$389,900		Listed Price

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7929 35 Olive Street, New Orleans, LA, 70125 is a Multi-Family Home for sale at $389,900 with 2,640 sqft and a lot size of 0.1028. 7929 35 Olive Street has 8 bedrooms, 4.0 baths, and was built in 1948. The property's zip code is 70125 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 6/5/2024.

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7929 35 Olive Street

Multi-Family Home for sale in New Orleans, LA

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