$135,000
SOLD MAR 28, 2025
Last list price

2618 Martin Luther King Junior Blvd New Orleans, LA 70113

Central City Neighborhood
16 Beds
4 Baths
5,130 Sq Ft
4,008 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

154 Days on Market

Highlights

  • Porch
  • Wood Siding
  • No Heating
  • Rectangular Lot

About This Home

As of March 2025

This project is not for the faint of heart! A substantial 4-bedroom fourplex in the central city is in need of an extensive renovation. It holds the promise of becoming a profitable investment, despite the considerable work required. It could turn into a cash cow and may be eligible for tax credits for rehabilitation. For those seeking that elusive positive cash flow, now might be the time to incorporate this rehab project into your portfolio. Estimates from contractors are provided upon request and come without any warranty or endorsement.

Last Agent to Sell the Property

MICHAEL BAKER

Realty Resources, Inc. License #000057546 Listed on: 09/06/2024

Last Buyer's Agent

MICHAEL BAKER

Realty Resources, Inc. License #000057546 Listed on: 09/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,095

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 31 x 127
  • Rectangular Lot

Home Design

  • Quadruplex
  • Raised Foundation
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 5,130 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • No Heating
  • Water Not Available

Additional Features

  • Porch
  • City Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Assessor Parcel Number 101110707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,095

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 31 x 127
  • Directions: Between S. Claiborne and Simon Bolivar on the uptown side of MLK
  • Entry Level: 2
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Age unknown
  • Year Built: 1925
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 16
  • Living Area: 5130.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Raised, Slab
  • Patio And Porch Features: Porch
  • Property Condition: Poor Condition
  • Roof: Other

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Water Not Available
  • Water Source: None

Lot Info

  • Parcel #: 101110707
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2002
Sold by
Stronger Hope Aid & Pleas
Bought by
O'Neil Thomas
Current Estimated Value
$272,906
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,100 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold -- -- --
02/07/2025 02/07/25 Pending -- -- --
09/06/2024 09/06/24 For Sale $135,000 -- $26 / Sq Ft
Source: ROAM MLS

Tax History Compared to Growth

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 $5,095 $38,600 $3,210 $35,390
2024 $5,172 $38,600 $3,210 $35,390
2023 $1,304 $9,670 $1,610 $8,060
2022 $1,304 $9,270 $1,610 $7,660
2021 $1,392 $9,670 $1,610 $8,060
2020 $1,406 $9,670 $1,610 $8,060
2019 $1,163 $7,700 $1,610 $6,090
2018 $1,186 $7,700 $1,610 $6,090
2017 $1,133 $7,700 $1,610 $6,090
2016 $1,169 $7,700 $1,610 $6,090
2015 $1,145 $7,700 $1,610 $6,090
2014 -- $5,000 $1,610 $3,390
2013 -- $5,000 $1,610 $3,390
Source: Public Records

Agents Affiliated with this Home

  • MICHAEL BAKER

    Seller's Agent in 2025

    MICHAEL BAKER

    Realty Resources, Inc.

    (504) 606-6226

    2 in this area

    18 Total Sales

    MICHAEL BAKER
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Map

Source: ROAM MLS

MLS Number: 2467058

APN: 1-01-1-107-07

Louisiana Orleans Parish New Orleans 70113 Central City

2618 Martin Luther King Junior Blvd, New Orleans, LA

This home is located at 2618 Martin Luther King Junior Blvd, New Orleans, LA 70113 and is currently estimated at $135,000, approximately $26 per square foot. This property was built in 1925. 2618 Martin Luther King Junior Blvd is a home located in Orleans Parish with nearby schools including Mary Bethune Elementary School, Kipp Central City Primary School, and Kipp Central City Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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