$474,900
$25K PRICE DROP

Estimated payment $2,968/month

Total Views 3,687
8 Beds
4 Baths
3,312 Sq Ft
$143 Price per Sq Ft

Highlights

  • Creole Architecture
  • Balcony
  • Courtyard
  • Elevator
  • Porch
  • Central Heating and Cooling System

About This Home

2821-23 Banks St. is a beautifully maintained duplex located in the vibrant heart of Mid-City. This classic property offers a blend of historic charm, modern amenities and lots of natural light. Each unit features 4 bedrooms & 2 full baths, hardwood floors, high ceilings, and classic New Orleans architectural elements. Just steps away from local favorites like the Lafitte Greenway, City Park, and an array of dining & shopping options like Ruby Slipper, Coffee Science and Whole Foods. Blocks from University Medical Center & the VA, this property is a winner in providing income potential or as a smart investment in one of New Orleans' most sought-after neighborhoods. Currently rented for $44,000 year with a 9% return on investment.

Listing Agent

Rachel Van Voorhees

Property New Orleans, LLC License #NOM:995713507 Listed on: 06/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,570

Lot Details

  • Lot Dimensions are 28 x 122
  • Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Creole Architecture
  • Raised Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,312 Sq Ft Home
  • Property has 2 Levels

Outdoor Features

  • Balcony
  • Courtyard
  • Porch

Location

  • Outside City Limits

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

  • 2 Units
  • Elevator

Listing and Financial Details

  • Assessor Parcel Number 2821-BANKSST

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,570

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Double
  • Style: Creole Cottage
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: As Per Title
  • Lp Amt Sq Ft: 143.39
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 2.00000
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Room Count: 18
  • Estimated Living Area: 3312
  • Total Sq Ft: 3312

Exterior Features

  • Exterior: Vinyl Siding, Wood Siding
  • ExteriorFeatures: Balcony, Courtyard, Fence, Porch
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: None
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Meter Set Up: Other
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Num: 6
  • Lot Size: 28 x 122
  • Parcel #: 2821-BANKSST

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 Bedrooms All Units: 8
  • Total Full Baths All Units: 4
  • Total Rent All Units: 3646
  • Total Units: 2
  • Unit Count: 2

Map

Range of Values:

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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 $4,570 $33,150 $6,150 $27,000
2024 $5,159 $38,500 $6,150 $32,350
2023 $4,025 $28,380 $5,120 $23,260
2022 $4,025 $27,220 $5,120 $22,100
2021 $4,280 $28,380 $5,120 $23,260
2020 $4,321 $28,380 $5,120 $23,260
2019 $4,362 $27,550 $2,390 $25,160
2018 $4,465 $27,550 $2,390 $25,160
2017 $4,020 $25,830 $1,710 $24,120
2016 $4,120 $25,830 $1,710 $24,120
2015 $4,040 $25,830 $1,710 $24,120
2014 -- $25,830 $1,710 $24,120
2013 -- $7,100 $2,390 $4,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $474,900 -0.1% $143 / Sq Ft
06/23/2024 06/23/24 Price Changed $475,500 -4.9% $144 / Sq Ft
06/01/2024 06/01/24 For Sale $499,999 -- $151 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 None Available
Warranty Deed $33,500 --
Source: Public Records

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Source: Gulf South Real Estate Information Network

MLS Number: 2451124

Gulf South Real Estate Information Network

APN: 1-05-2-032-06