516 S Hennessey St New Orleans, LA 70119
Mid-City NeighborhoodEstimated payment $2,075/month
Highlights
- 0.15 Acre Lot
- Window Unit Cooling System
- Central Heating and Cooling System
- Traditional Architecture
- Shed
- Property is in very good condition
About This Home
Discover your next home or a strong investment opportunity in New Orleans. This property was appraised at 355,000 dollars on September 21, 2023, with value expected to rise this year. With 6 bedrooms and 3 bathrooms, you get plenty of space for living, rental income, home offices, or flexible setups that fit your needs. The owner’s unit features four bedrooms and two baths, while the second unit has two bedrooms and one bath and already has a reliable long term tenant in place to provide steady income. Both units have washer and dryer hookups with spaces designed for stackable units for added convenience. The open flow between the living, kitchen, and dining areas keeps the layout comfortable and easy to use, with no carpet throughout. The spacious backyard adds even more potential, along with a 790 square foot structure at the rear of the property that can be transformed into another rental unit or workspace. Live in the main unit while earning income from the second, or maximize revenue by renting both. This is a rare chance to secure a property with space, versatility, and built in income. Schedule your showing today.
Listing Agent
Keller Williams Realty Services License #000073679 Listed on: 11/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,371
Year Built
- Built in 1910
Lot Details
- 6,364 Sq Ft Lot
- Rectangular Lot
- Property is in very good condition
Parking
- 3 Parking Spaces
Home Design
- Traditional Architecture
- Raised Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,067 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Sewer Not Available
Additional Features
- Shed
- City Lot
Listing and Financial Details
- Assessor Parcel Number 105306206
Map
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 | $4,371 | $31,640 | $11,460 | $20,180 |
| 2024 | $4,434 | $31,640 | $11,460 | $20,180 |
| 2023 | $4,049 | $28,330 | $9,550 | $18,780 |
| 2022 | $4,049 | $27,390 | $9,550 | $17,840 |
| 2021 | $4,273 | $28,330 | $9,550 | $18,780 |
| 2020 | $4,314 | $28,330 | $9,550 | $18,780 |
| 2019 | $4,355 | $27,500 | $5,730 | $21,770 |
| 2018 | $4,457 | $27,500 | $5,730 | $21,770 |
| 2017 | $2,645 | $16,480 | $3,180 | $13,300 |
| 2016 | $2,701 | $16,480 | $3,180 | $13,300 |
| 2015 | $2,650 | $16,480 | $3,180 | $13,300 |
| 2014 | -- | $16,480 | $3,180 | $13,300 |
| 2013 | -- | $5,000 | $4,460 | $540 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2025 11/27/25 | For Sale | $325,000 | -13.3% | $157 / Sq Ft |
| 11/26/2025 11/26/25 | For Sale | $375,000 | -- | $181 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $255,000 | Attorney | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $50,000 | -- |
Source: ROAM MLS
MLS Number: 2532537
APN: 1-05-3-062-06
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