$224,000
$15K PRICE DROP

5215 Arts St New Orleans, LA 70122

Gentilly Terrace Neighborhood

Estimated payment $1,434/month

Total Views 16,798
4 Beds
2 Baths
1,684 Sq Ft
$133 Price per Sq Ft

Highlights

  • Central Heating and Cooling System
  • Wood Siding
  • 3-minute walk to St. James Playspot
  • Rectangular Lot
  • Property has 1 Level

About This Home

Looking for an investment property in the heart of Gentilly? Located a block from Filmore and two blocks from Elysian Fields with UNO down the street, this multifamily property should be your next deal and will stay occupied. Located in a low plain flood zone, completely occupied, this will give you cash flow immediately. Why not enjoy passive income? Seller requires all showings to be prequalified to not inconvenience the tenants.

Listing Agent

ANDREA TYLER

AT Home Realty Group License #995685551 Listed on: 11/10/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 4,761 Sq Ft Lot
  • Lot Dimensions are 40 x 119
  • Rectangular Lot
  • Property is in average condition

Parking

  • Driveway

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,684 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 38W408415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,594

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1093
  • Lot Size: 40 X 119
  • Entry Level: 1
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Resale,Remodeled structural changes - all major mechanical systems i.e. HVAC
  • Year Built: 1988
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1684.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Property Condition: Average Condition, Updated/Remodeled, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 38W408415

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Average Value
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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 $2,594 $19,650 $4,760 $14,890
2024 $2,633 $19,650 $4,760 $14,890
2023 $1,871 $13,870 $2,380 $11,490
2022 $1,871 $13,300 $2,380 $10,920
2021 $1,997 $13,870 $2,380 $11,490
2020 $2,016 $13,870 $2,380 $11,490
2019 $1,813 $12,000 $2,140 $9,860
2018 $1,849 $12,000 $2,140 $9,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $224,000 -2.2% $133 / Sq Ft
09/16/2024 09/16/24 Price Changed $229,000 -4.2% $136 / Sq Ft
11/10/2023 11/10/23 For Sale $239,000 -- $142 / Sq Ft
Source: ROAM MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $75,000 New Conventional
Source: Public Records

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Source: ROAM MLS

MLS Number: 2422313

APN: 3-8W-4-084-15

Louisiana Orleans Parish New Orleans 70122 Gentilly Terrace

5215 Arts St, New Orleans, LA

This home is located at 5215 Arts St, New Orleans, LA 70122 and is currently priced at $224,000, approximately $133 per square foot. This property was built in 1988. 5215 Arts St is a home located in Orleans Parish with nearby schools including Audubon Gentilly, Pierre A. Capdau Charter School, and Pierre A. Capdau Charter School at Avery Alexander.

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Listing Agent
ANDREA TYLER
Section Image
AT Home Realty Group