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8525 Hickory St, New Orleans, LA 70118

5beds

3,053sqft

Multi Family, Apartment, Single Family Residence

Built in 1930

-- sqft lot

$535,600 Zestimate^®

$--/sqft

$-- Estimated rent

Home value

$535,600

$455,000 - $627,000

Not available

Zestimate^® history

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What's special

Rare opportunity to purchase a University/Carrollton 5 unit complex in excellent condition with $5,834 a month in rental income! The complex was renovated from the ground up in 2014 with all new framing, electrical, plumbing, HVAC, siding, porches, & roof. There is room for value add with upgraded appliances & rent escalations but the hard work is done. Building has low maintenance exterior & located in a high demand rental area that still has room for growth. Owner/Agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5

Heating

Central, Ductless, Wall Furnace

Cooling

Central Air, Ductless, Wall Unit(s)

Appliances

Laundry: In Unit

Interior area

Total interior livable area: 3,053 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2
Patio & porch: Balcony, Porch
Exterior features: Balcony, Porch
Pool features: None

Lot

Size: 10,018 Square Feet
Dimensions: 50 x 100
Features: City Lot, Rectangular Lot

Details

Parcel number: 716300605
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Cottage
Property subtype: Multi Family, Apartment, Single Family Residence

Materials

HardiPlank Type
Foundation: Raised
Roof: Shingle

Condition

Excellent
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: New Orleans

Financial & listing details

Tax assessed value: $496,600
Annual tax amount: $6,555
Date on market: 7/11/2024
Tenant pays: Electricity

Price history

Date	Event	Price
10/22/2024	Sold	--
Source: GSREIN #2457966 Report a problem
10/21/2024	Pending sale	$575,000$188/sqft
Source: GSREIN #2457966 Report a problem
7/11/2024	Listed for sale	$575,000$188/sqft
Source: GSREIN #2457966 Report a problem
5/30/2024	Listing removed	--
Source: GSREIN #2430179 Report a problem
2/27/2024	Listing removed	--
Source: Zillow Rentals Report a problem
2/17/2024	Price change	$1,200-4%
Source: Zillow Rentals Report a problem
1/31/2024	Listed for rent	$1,250
Source: Zillow Rentals Report a problem
1/29/2024	Listed for sale	$575,000$188/sqft
Source: GSREIN #2430179 Report a problem
3/27/2023	Listing removed	$575,000$188/sqft
Source: GSREIN #2383988 Report a problem
3/27/2023	Price change	$575,000-25.8%$188/sqft
Source: GSREIN #2383988 Report a problem
3/8/2023	Listed for sale	$775,000$254/sqft
Source: GSREIN #2383988 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$6,555 +28.1%	$49,660 +28.1%
2025	$5,119 -1.5%	$38,780
2024	$5,196 +57.1%	$38,780 +65%
2023	$3,307 +4.3%	$23,500 +4.3%
2022	$3,170 -6.3%	$22,530 -4.1%
2021	$3,383 -1%	$23,500
2020	$3,416 +26%	$23,500 +30.9%
2019	$2,712	$17,950
2018	$2,712	$17,950
2017	$2,712 -1.9%	$17,950 -24.5%
2016	$2,766 -23.4%	$23,790
2015	$3,611	$23,790 +428.7%
2014	$3,611 +2.1%	$4,500
2013	$3,537	$4,500
2012	--	$4,500 -5.3%
2011	--	$4,750
2010	--	$4,750
2009	--	$4,750
2007	--	$4,750