$1,165,000
SOLD JAN 28, 2025
Last list price

7710 N Coronet Ct New Orleans, LA 70126

West Lake Forest Neighborhood
36 Beds
36 Baths
15,156 Sq Ft
0.48 Acres

Recently Sold

$77 Per Sq Ft

212 Days on Market

Highlights

  • Central Heating and Cooling System
  • Property is in excellent condition
  • Rectangular Lot

About This Home

As of January 2025

5.00% INTEREST RATE SELLER FINANCING available. Reach out for additional terms. $16,007 per month in gross income - all 3 bed 2.5 bath units renting for max $1,400/mo each. FULLY OCCUPIED.

Fully renovated 12-unit apartment complex at 7710-60 North Coronet Court in New Orleans, LA, offers a lucrative opportunity with a potential monthly rent of $16,007, ensuring a robust and immediate cashflow. The current monthly income of $16,007 supasses the 1% rule.

The property contains three (3) fully renovated, 2-story buildings that each contain four (4) units. Each unit is approximately 1,263 sf and contains 3 bedrooms and 2.5 bathrooms.

There are few properties in the New Orleans East market that offer fully renovated 3 bedroom 2.5 bathroom apartments, making this a highly sought after destination for tenants. Overall, thisis a solid investment opportunity with high inplace cash flow and a great addition to a multifamily portfolio.

Last Agent to Sell the Property

BRYCE DANNA-MARULLO

Bridgewater Realty Advisors, LLC License #995705186 Listed on: 01/16/2024

Co-Listed By

Mason McCullough

Bridgewater Realty Advisors, LLC License #995714063

Last Buyer's Agent

LINDSAY SANTANA

JW Property Services, LLC License #995709982

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1974

Lot Details

  • Rectangular Lot
  • Property is in excellent condition

Home Design

  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation
  • Flat Roof with Façade front

Interior Spaces

  • 15,156 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 36 Bedrooms

Parking

  • 3 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • 12 Units

Listing and Financial Details

  • Tenant pays for electricity, water

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,706

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 21018
  • Co List Office Mls Id: BRALLC01
  • Co List Office Phone: (504) 298-8631
  • Architectural Style: Other
  • Entry Level: 2
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Resale,Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Year Built: 1974
  • Property Sub Type Additional: Apartment
  • Special Features: None
  • Stories: 2
  • Year Built: 1974

Interior Features

  • Full Bathrooms: 24
  • Half Bathrooms: 12
  • Total Bedrooms: 36
  • Living Area: 15156.0

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent, Repairs Cosmetic, Resale
  • Roof: Flat

Garage/Parking

  • Parking Features: Off Street, Parking Lot, Three or more Spaces

Utilities

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

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 12

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

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold -- -- --
08/26/2024 08/26/24 For Sale $1,165,000 0.0% $77 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $1,165,000 -7.9% $77 / Sq Ft
01/16/2024 01/16/24 For Sale $1,265,000 +1305.6% $83 / Sq Ft
03/15/2019 03/15/19 Sold -- -- --
02/13/2019 02/13/19 Pending -- -- --
05/28/2018 05/28/18 For Sale $90,000 -- $20 / 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 $2,706 $20,500 $1,400 $19,100
2024 $1,767 $13,190 $1,400 $11,790
2023 $812 $6,000 $1,400 $4,600
2022 $812 $5,770 $1,400 $4,370
2021 $864 $6,000 $1,400 $4,600
2020 $872 $6,000 $1,400 $4,600
2019 $906 $6,000 $1,400 $4,600
2018 $924 $6,000 $1,400 $4,600
2017 $883 $6,000 $1,400 $4,600
2016 $911 $6,000 $1,400 $4,600
2015 $892 $6,000 $1,400 $4,600
2014 -- $6,000 $1,400 $4,600
2013 -- $6,000 $1,400 $4,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    BRYCE DANNA-MARULLO

    Bridgewater Realty Advisors, LLC

    (504) 301-5583

    1 in this area

    34 Total Sales

    BRYCE DANNA-MARULLO
    Section Image

  • M

    Seller Co-Listing Agent in 2025

    Mason McCullough

    Bridgewater Realty Advisors, LLC

    (504) 274-2701

    2 in this area

    46 Total Sales

    Mason McCullough
    Section Image
  • LINDSAY SANTANA

    Buyer's Agent in 2025

    LINDSAY SANTANA

    JW Property Services, LLC

    (504) 826-8426

    3 in this area

    53 Total Sales

    LINDSAY SANTANA
    Section Image
  • John Nguyen

    Seller's Agent in 2019

    John Nguyen

    People's Realty, Inc.

    (504) 583-5294

    99 Total Sales

    John Nguyen
    Section Image

  • A

    Buyer's Agent in 2019

    Angela Trevino

    Century 21 Action Realty, Inc.

See All Agents

Map

Source: ROAM MLS

MLS Number: 2430142

APN: 3-9W-0-503-03

Louisiana Orleans Parish New Orleans 70126 West Lake Forest

7710 N Coronet Ct, New Orleans, LA

This home is located at 7710 N Coronet Ct, New Orleans, LA 70126 and is currently estimated at $1,165,000, approximately $76 per square foot. This property was built in 1974. 7710 N Coronet Ct is a home located in Orleans Parish with nearby schools including KIPP Morial, KIPP East Community Primary, and Robert Russa Moton Charter School.

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