$154,500
$30K PRICE DROP

Estimated payment $990/month

Total Views 23,281
5 Beds
2 Baths
1,200 Sq Ft
$129 Price per Sq Ft

About This Home

THE OWNER SAID SELL IT AND REDUCED THE SALES PRICE ALMOST 30K. HE HAS OTHER PROJECTS TO COMPLETE.THIS ONE MUST GO!!! Discover the perfect investment or owner-occupant opportunity at 1226-28 Monroe St., ideally located just 2 minutes off the vibrant Oak Street shopping and dining district. This property offers unparalleled convenience with restaurants, banks, and daily necessities all within 5 minutes. Enjoy easy access to public transportation, making commuting a breeze. Whether you are looking for a prime rental opportunity or a home in one of New Orleans' most desirable neighborhoods, this location provides the best of city living with a neighborhood charm. Do not miss this fantastic opportunity! Property needs renovation and qualifies Fannie Mae or 203k financing. Tongue and groove walls, ceiling boards are still in great condition for the eclectic look of old New Orleans. Many buyers re-locating here crave this authentic New Orleans charm in a home. Bring your best effort to own this timeless jewel.

Listing Agent

Frank Williams

eXp Realty, LLC License #NOM:000001700 Listed on: 03/08/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,733

Lot Details

  • Lot Dimensions are 30 x 120
  • Property is in below average condition

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 1 Level

Additional Features

  • Outside City Limits
  • Internet Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,733

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Traditional
  • Condition: Poor
  • ADA Features: No
  • Legal Description: SQ 145 LOT B MONROE 30 X 120
  • Lp Amt Sq Ft: 128.75
  • Building Stories: 1.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Estimated Living Area: 1200
  • Total Sq Ft: 1200

Exterior Features

  • Exterior: Frame
  • Foundation: Raised
  • Roof Type: Seal Tab

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: None
  • Electricity Provided By: Entergy
  • Gas Type: Natural
  • Heating: None
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: B
  • Lot Size: 30 X 120
  • Parcel #: 1226

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Bedrooms All Units: 5
  • Total Full Baths All Units: 2
  • Total Units: 2

Map

Range of Values:

Collateral Analytics

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,733 $16,550 $3,560 $12,990
2024 $2,218 $16,550 $3,560 $12,990
2023 $1,169 $13,490 $2,140 $11,350
2022 $1,169 $12,920 $2,140 $10,780
2021 $1,061 $13,490 $2,140 $11,350
2020 $328 $13,490 $2,140 $11,350
2019 $700 $8,060 $1,780 $6,280
2018 $1,242 $8,060 $1,780 $6,280
2017 $1,186 $8,060 $1,780 $6,280
2016 $1,223 $8,060 $1,070 $6,990
2015 $1,198 $8,060 $1,070 $6,990
2014 -- $5,680 $1,070 $4,610
2013 -- $5,680 $1,070 $4,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $154,500 -7.8% $129 / Sq Ft
04/14/2025 04/14/25 Price Changed $167,500 -9.0% $140 / Sq Ft
03/08/2025 03/08/25 For Sale $184,000 -- $153 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Deed $95,000 Bayou Title
Warranty Deed $56,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,400 New Conventional
Source: Public Records

About the Listing Agent

Frank Williams

eXp Realty, LLC

(504) 732-3202

Section Image

I'm an expert real estate agent with Parkway Realty, Inc. in NEW ORLEANS, LA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: Gulf South Real Estate Information Network

MLS Number: 2490253

Gulf South Real Estate Information Network

APN: 7-16-2-004-15