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$499,000   Price Analysis
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2916 Houma Blvd
Metairie, LA 70006
8 bed 4 bath 3,900 SqFt ($127/SqFt)
6,240SqFt lot. Built 1980
Listed 2024-03-22
Ⓧ USDA Ineligible
due to location

near Metairie

FHA ELLIGIBLE: UNDER RENTED 4 PLEX IN METAIRIE: Located in the developing Houma Blvd.

Medical Corridor conncting EJ Hospit al and University Medical Center residency housing. Market rents justify as much as $1300 per unit or $5200 for the total complex. Each unit has their own electric meter, owner pays water and trash services.

Plenty of off street parking. Convenient access to Veterans, Interstate 10 and the Clearview Mall. Potential package deal with 2912 Houma Blvd. next door, same size, same layout, same rent roll. Flood insurance apx. $1, 000 per year for the entire building. Newer roof post Ida to the best of our knowledge.


Presented by Brian Mahon at
HGI Realty.


Property MLS #2440146 from NewOrleans

Bedrooms: 8
Bedroom 1 Dimensions: 12.0 x 12.0
Bedroom 2 Dimensions: 12.0 x 12.0
Bedroom 1 Level: Lower
Bedroom 2 Level: Lower

Total Rooms: 6
Living Room Dimensions: 15.0 x 20.0
Living Room Level: Lower

Total Bathrooms: 4 / 0
Full Bathrooms: 4
Bathroom 1 Dimensions: 6.0 x 8.0
Bathroom 1 Level: Lower

Laundry Features: Yes

Cooling Features: Central
Heating Features: Central

Dining Room Dimensions: 12.0 x 12.0
Dining Room Level: Lower
Kitchen Dimensions: 10.0 x 10.0
Kitchen Level: Lower

Lot Description: Regular
Lot Size Acres: 0.1432507
Lot Size Dimensions: 52 x 120
Lot Size Square Feet: 6240

Garage Spaces: 3
Garage Description: 3 or more, Lot, Off Street Parking

Number of Units: 4

Source Listing Status: Active
County: Jefferson
Directions: Between Veterans and I-10
Source Property Type: Multi-Family
Property Subtype: 4 Plex
Source System Name: C2C

Price Changed 2024-06-21
$499,000
NewOrleans
Listed 2024-03-22
$509,000
NewOrleans

Total Square Feet Living: 3900
Year Built: 1980
Building Exterior Type: Brick
Foundation Details: Slab
Property Age: 44
Roof: Flat
Levels or Stories: 2.00000
House Style: Traditional

Sewer: City
Water Source: Public

J.D. Meisler Middle School is a public middle school located approximately 0.6 miles away.
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Phoebe Hearst School is a public elementary school located approximately 1 miles away.
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Grace King High School is a public high school located approximately 1.1 miles away.
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Lutheran High School is a private high school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.