See Home Value
New Orleans 70119 Mid-City
516 S HENNESSEY Street
$301,000 - $367,000
Multifamily - Off Market

516 S HENNESSEY Street

New Orleans, LA 70119
bedrooms
Studio
bathrooms
0 Bath
square feet
2067 Sqft

About This Property

Perfect investment opportunity! Recent appraisal values this property at $355,000 as of September 21, 2023. This property boasts a total of 6 bedrooms and 3 bathrooms, offering endless potential. The large owner's unit features 4 bedrooms and 2 baths, providing ample space. The other side, with 2 bedrooms and 1 bath, is already occupied, ensuring immediate rental income. Both units have washer dryer hookup with spaces designed for a stack unit, making laundry convenient for tenants. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a welcoming atmosphere. No carpet throughout the house ensures easy maintenance. Plus, there's a spacious backyard and a 790 sq. ft. structure at the rear of the property that you can transform into another rental unit. Live in the main unit while enjoying the benefits of rental revenue. Don't miss out on this fantastic opportunity!

The manager has listed the unit size as 2067 square feet.
Unit Size
2,067Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$162
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Apr 14, 2024 No longer available -
No longer available
Feb 17, 2024 Price Decreased $334,900
↓ $5K (1.5%)
Price Decreased
Jan 15, 2024 Listed $339,900
Listed

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Vinyl Siding


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
1,682 ft²
$205/ft²
$345,000 Jan 24, 2024
-
-
Multifamily
Stu
-
3,500 ft²
$114/ft²
$399,000 Feb 26, 2024
-
-
Multifamily
Stu
-
-
$325,000 Apr 15, 2024
-
-
Multifamily
Stu
-
4,260 ft²
$91/ft²
$389,000 Dec 4, 2023
-
-
Commercial
Loft
-
1,538 ft²
$218/ft²
$335,000 Dec 5, 2023
-
-
House
4 Beds
2 Baths
2,088 ft²
$156/ft²
$325,000 Jun 20, 2023
-
-
House
3 Beds
2.5 Baths
1,850 ft²
$205/ft²
$379,000 Apr 10, 2024
-
-
House
3 Beds
3 Baths
1,634 ft²
$244/ft²
$399,000 Jan 30, 2024
-
-
House
3 Beds
2 Baths
1,429 ft²
$230/ft²
$329,000 Dec 14, 2023
-
-
House
3 Beds
2 Baths
1,480 ft²
$209/ft²
$309,000 Sep 25, 2023
-
-
House
3 Beds
2 Baths
1,250 ft²
$260/ft²
$325,000 Apr 15, 2024
-
-
House
2 Beds
1.5 Baths
1,301 ft²
$230/ft²
$299,000 Feb 21, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231016
10/16/2023
Studio
-
2067 ft²
$355,000
bedrooms
Studio
bathrooms
-
square feet
2067 ft²
-
-
-
LOUIS WILLIAMS
KELLER WILLIAMS REALTY 455-0100
20200311
03/11/2020
Studio
-
2100 ft²
$319,900
bedrooms
Studio
bathrooms
-
square feet
2100 ft²
-
-
-
-

Building Info

516 South Hennessey Street 516 South Hennessey Street, New Orleans, LA 70119
  • 1 Unit for Sale
More about this Building
516 South Hennessey Street
Want to find out who owns 516 South Hennessey Street, New Orleans, LA 70119? Get detailed property transactions here .

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