NOT LISTED FOR SALE

1240 Marshall Dr Marrero, LA 70072

Estimated Value: $152,000 - $157,000

Studio
-- Bath
3,310 Sq Ft
$47/Sq Ft Est. Value

Last Sold November 08, 2024

Current estimated payment $955/month

58 Days on Market

Highlights

  • Shotgun Architecture
  • Ray St. Pierre Academy for Advanced Studies Rated A-
  • Fenced

About This Home

As of November 2024

Investor Special with Seller Financing available! Unlock the potential of this versatile property in Marrero, excellent for savvy investors looking for a great deal. This property features a spacious layout, a solid structure, and is situated in a promising neighborhood with strong rental demand. Seller financing is available, offering flexible terms to help you seize this opportunity. With a little vision and renovation, this could be your next lucrative investment. Don't miss out on this chance to add a valuable asset to your portfolio! You'll have two lots with a vacant lot ready for the new build of your choice! BOND FOR DEED Financing AVAILIBLE! $50k down with monthly payments of $2,500 with 0% interest!

Last Agent to Sell the Property

JACOB MARTINOLICH

eXp Realty, LLC License #NOM:995691893 Listed on: 08/28/2024

eXp Realty, LLC

Last Buyer's Agent

Valencia Brocks

Brocks Realty LLC License #NOM:995683038

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 82 x 130
  • Fenced
  • Property is in below average condition

Home Design

  • Quadruplex
  • Shotgun Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • 3,310 Sq Ft Home
  • Property has 1 Level

Parking

  • 3 Parking Spaces
  • Parking Lot

Location

  • Outside City Limits

Utilities

  • No Cooling
  • No Heating
  • Internet Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: 4 Plex
  • Style: Shot Gun
  • Condition: Poor
  • ADA Features: No
  • Legal Description: LOTS 43 & 44 SQ 3 TRACT A AIRLINE PARK
  • Lp Amt Sq Ft: 54.38
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Living Area: 3310
  • Total Sq Ft: 3310

Exterior Features

  • Pool Type: None
  • Exterior: Brick, Siding
  • ExteriorFeatures: Fence
  • Foundation: Raised, Slab
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: Three or More, Lot
  • Internet: Yes

Utilities

  • Air Conditioner: None
  • Electricity Provided By: Entergy
  • Gas Paid By: Tenant
  • Gas Type: Natural
  • Heating: None
  • Meter Set Up: Separate
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 82 x 130

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Tenant

Multi Family

  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2025
Sold by
Butler Joshua L and Butle Delphenie
Bought by
Patin Kirtlen
Current Estimated Value
$154,153

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 9, 2024
Sold by
Butler Joshua L and Butle Delphenie
Bought by
Patin Kirtlen
Seller's Agent
JACOB MARTINOLICH
eXp Realty, LLC
Buyer's Agent
Valencia Brocks
Brocks Realty LLC
List Price
$250,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patin Kirtlen $153,000 True Title
Patin Kirtlen $153,000 New Title Company
Patin Kirtlen $153,000 New Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold -- -- --
10/14/2024 10/14/24 Price Changed $180,000 -13.9% $54 / Sq Ft
09/23/2024 09/23/24 Price Changed $209,000 -4.6% $63 / Sq Ft
09/16/2024 09/16/24 Price Changed $219,000 -4.4% $66 / Sq Ft
09/06/2024 09/06/24 Price Changed $229,000 -8.4% $69 / Sq Ft
08/28/2024 08/28/24 For Sale $250,000 -- $76 / Sq Ft
Source: Gulf South Real Estate Information Network

Agents Affiliated with this Home

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Map

Source: Gulf South Real Estate Information Network

MLS Number: 2465032

Gulf South Real Estate Information Network

APN: 0420001084