3 Shepard Ct New Orleans, LA 70114
Behrman NeighborhoodEstimated payment $1,701/month
Total Views
6,997
6
Beds
4
Baths
2,580
Sq Ft
$100
Price per Sq Ft
Highlights
- Balcony
- Property is in very good condition
- Wood Siding
- Central Heating and Cooling System
About This Home
This amazing townhouse style double is located on a quiet cul-de-sac street in a convenient area of Algiers in an X flood zone. Unit A has just been completely and Unit B is maintained with features including all electric, no carpet, and very spacious rooms. Each side has 3 bedrooms and 1.5 bathrooms with downstairs having all tile floors for easy upkeep. There is a patio in back and balcony in the front of the upstairs bedroom. Each side has an outdoor laundry room in a separate storage closet. Shepard Ct. is conveniently located for easy access to the greater New Orleans area. Rental income is currently $2800 per month with room to increase. This income producing double is part of an amazing investment portfolio of 7 Assets generating $272,400 annually. With rental increases and optimization of the corporate rentals, the portfolio's income could rise to approximately $512,000 annually. All future bookings will transfer with the sale, ensuring immediate income for the new owner. Offered at $2.8 million, this portfolio represents a rare opportunity in a thriving market. Although measurements are deemed reliable, they are approximate and not guaranteed by agent, broker, or seller and should be verified during due diligence. This profitable rental portfolio consists of 2 doubles, 1 single family, 1 four-plex, and 3 fully furnished single family corporate rental properties .Other properties addresses in the portfolio are: 1831 S. Dupre, 1831 N. Miro, 3738 Somerset, 503 Wright, 6226 Lafaye, 8002 Trapier $2.8M total
Listing Agent
WEICHERT, REALTORS - Prestige Homes License #NOM:995691350 Listed on: 08/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,207
Year Built
- Built in 2017
Lot Details
- Lot Dimensions are 50 x 122
- Property is in very good condition
Parking
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,580 Sq Ft Home
- Property has 1 Level
Utilities
- Central Heating and Cooling System
- Internet Available
Additional Features
- Balcony
- Outside City Limits
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 701143SHEPARDCT3A
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,207 | $24,290 | $2,480 | $21,810 |
| 2024 | $3,255 | $24,290 | $2,480 | $21,810 |
| 2023 | $1,604 | $11,840 | $1,240 | $10,600 |
| 2022 | $1,604 | $11,310 | $1,240 | $10,070 |
| 2021 | $1,717 | $11,840 | $1,240 | $10,600 |
| 2020 | $1,734 | $11,840 | $1,240 | $10,600 |
| 2019 | $1,881 | $12,430 | $1,240 | $11,190 |
| 2018 | $1,919 | $12,430 | $1,240 | $11,190 |
| 2017 | $1,832 | $12,430 | $1,240 | $11,190 |
| 2016 | $1,858 | $12,750 | $1,240 | $11,510 |
| 2015 | $1,907 | $12,750 | $1,240 | $11,510 |
| 2014 | -- | $12,750 | $1,240 | $11,510 |
| 2013 | -- | $12,750 | $1,240 | $11,510 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | For Sale | $259,000 | 0.0% | $100 / Sq Ft |
| 04/08/2025 04/08/25 | Off Market | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $259,000 | +73.8% | $100 / Sq Ft |
| 08/07/2017 08/07/17 | Sold | -- | -- | -- |
| 07/08/2017 07/08/17 | Pending | -- | -- | -- |
| 03/08/2017 03/08/17 | For Sale | $149,000 | -- | $57 / Sq Ft |
Source: Gulf South Real Estate Information Network
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $142,000 | Sovereign Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $172,500 | Commercial | |
| Previous Owner | $106,500 | New Conventional |
Source: Public Records
Similar Homes in New Orleans, LA
Source: Gulf South Real Estate Information Network
MLS Number: 2461163
APN: 5-13-5-147-03
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