Multifamily Housing
930 Melpomene Street New Orleans, LA 70130
Details & Description
Price: $769,000
    Offer for sale is the opportunity for an owner-occupant to unlock an essentially cost-neutral living situation. This duplex consists of a 2BR/2BA upstairs and a 1BR/1BA Apartment downstairs with a separated 1BR/1BA studio/suite perfect for operation as a Short Term Rental. See addendum for rental projections, comparables, and projected pro-forma.
    Property ID:    218021
    Property URL: melqr.com/218021
    Generated:    04-28-24
    Additional Photos
    Listing Agents
    Scott Weston

    O: 504-274-2671
    scott@mceneryco.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Louisiana / New Orleans / 70130 / 930 Melpomene Street

    930 Melpomene Street

    New Orleans, LA 70130

    Listing ID: 218021
    Print Single-Page Version
    • 930 Melpomene Street New Orleans, LA 70130 | for Sale | Photo 1
    • 930 Melpomene Street New Orleans, LA 70130 | for Sale | Photo 2
    • 930 Melpomene Street New Orleans, LA 70130 | for Sale | Photo 3
    • 930 Melpomene Street New Orleans, LA 70130 | for Sale | Photo 4
    930 Melpomene Street | for Sale | Thumbnail 1
    930 Melpomene Street | for Sale | Thumbnail 2
    930 Melpomene Street | for Sale | Thumbnail 3
    930 Melpomene Street | for Sale | Thumbnail 4
    Building Size: 2,443 SF
    Lot Size: 0.099 AC
    Land Size: 4,293 SF
    Building $/SF: $314.78
    Land $/SF: $179.13
    Price
    $769,000
    Description

    Offer for sale is the opportunity for an owner-occupant to unlock an essentially cost-neutral living situation. This duplex consists of a 2BR/2BA upstairs and a 1BR/1BA Apartment downstairs with a separated 1BR/1BA studio/suite perfect for operation as a Short Term Rental. See addendum for rental projections, comparables, and projected pro-forma.

    Attachments & Files
    930-melpomene-om-3.22.21-RqE-aTG.pdf

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New Orleans History of Multifamily Housing for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment
    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    New Orleans Area Market Trends

    Listing Demographics for 930 Melpomene Street New Orleans, LA 70130

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population18,941176,117392,892
    Population Median Age413939
    Population by Age0-9 Yrs1436 (7%)17244 (9%)44236 (11%)
    10-19 Yrs1149 (6%)15355 (8%)40499 (10%)
    20-29 Yrs3401 (17%)30054 (17%)59978 (15%)
    30-39 Yrs3770 (19%)32825 (18%)64897 (16%)
    40-49 Yrs1881 (9%)22051 (12%)47593 (12%)
    50-59 Yrs2846 (15%)22982 (13%)51793 (13%)
    60-69 Yrs2912 (15%)20400 (11%)46385 (11%)
    70+ Yrs1545 (8%)15205 (8%)37510 (9%)
    Median HH Income$46,505$44,038$44,179
    Total Household Income< 24K3277 (34%)24046 (32%)50055 (31%)
    25-49K1761 (18%)16657 (22%)35873 (22%)
    50-74K1240 (12%)10986 (14%)23420 (14%)
    75-99K736 (7%)6763 (9%)15202 (9%)
    100-199K1723 (17%)10753 (14%)23189 (14%)
    200K+871 (9%)5151 (6%)9591 (6%)
    Highest Education LevelNo Diploma20111965742677
    Diploma or GED25332964468845
    Some College21792441357705
    Assoc. Degree719580114218
    Bachelors Degree43202990957697
    Higher Degree35932199841205
    Total Housing Units13,68698,648196,168
    --Owner-Occupied3,27830,72776,344
    --Renter-Occupied6,32943,62880,986
    Owner-Occupied Values< 100K14131929704
    100-199K433703625562
    200-299K741580115404
    300-399K53346848925
    400-499K43232845522
    500K+998673011226
    Total Working Age Population16,728150,052325,245
    In Work Force11,05994,855201,922
    Not In Work Force5,66855,197123,323
    Workforce Employed10,51287,333185,925
    Workforce Unemployed5277,07315,177
    Civlian Workforce11,04094,406201,101
    Military Workforce20449821
    Total Households9,60774,355157,329
    Family Households3,07831,10576,267
    Non-Family Households6,52943,24981,062
    Married Couple1,93918,67445,747
    Other Family1,13912,43230,520
    Married w/Child4176,12615,186
    Single Male w/Child769142,758
    Single Female w/Child3454,61611,644

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    Jefferson Parish455,466-5432,552+4450,200+1454,670
    Lafourche Parish89,974+796,318095,990095,990
    Orleans Parish484,674-29343,829-26255,4400256,010
    Plaquemines Parish26,757-1423,042+1225,770+1329,130
    St. Bernard Parish67,229-4735,897-3822,210+122,480

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 930 Melpomene Street in New Orleans?
    The asking price for 930 Melpomene Street is $769,000
    What is the building size of this Multifamily property in New Orleans, LA?
    The size of the building/unit at 930 Melpomene Street in New Orleans is 2,443 square feet
    How much land does the New Orleans, LA property at 930 Melpomene Street include?
    930 Melpomene Street in New Orleans includes 0.099 acres of land
    What is the population within 1 mile of 930 Melpomene Street in New Orleans?
    The population within 1 mile of 930 Melpomene Street New Orleans, LA 70130 is 18,941 people.
    Who do I contact for questions about 930 Melpomene Street?
    You should contact the listing agent, Scott Weston, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    1629 Washington Avenue, New Orleans, LA CALL 20000 -
    2500 Freret Street, New Orleans, LA $2,500,000 14679 -
    216 Chartres Street, New Orleans, LA $3,950,000 14615 0.34
    121 Royal Street, New Orleans, LA $7,250,000 5000 0.16
    305 Decatur Street, New Orleans, LA CALL 8640 0.06
    618 North Rampart Street, New Orleans, LA $5,750,000 9012 -
    926 Chartres Street, New Orleans, LA $6,600,000 20412 0.29
    926 Chartres Street, New Orleans, LA $6,600,000 12741 -
    3909 Tchoupitoulas Street, New Orleans, LA $1,399,000 7538 -
    4425 Loyola Avenue, New Orleans, LA $625,000 3096 -

    Closest Commercial Airports

    Airport Distance (mi)
    Louis Armstrong New Orleans International Airport (MSY) 12
    Gulfport Biloxi International Airport (GPT) 68
    Lafayette Regional Airport (LFT) 116
    Price
    $769,000
    Listing Agent
    Scott Weston - CRE Agent at

    Scott Weston

    McEnery Co. Mandeville

    VIEW AGENT PROFILE

    CONTACT AGENT

    More listings from Scott Weston
    1212 Magazine Street
    New Orleans, LA 70130
    Primary photo of 1212 Magazine Street, New Orleans, LA
    Call for Price
    • Type Specialty
    • Building SF 8,471
    • Lot AC 0.344
    Featured Local Vendors

    Share
    Other property types near New Orleans, LA
     • Commercial Real Estate For Sale in New Orleans, LA
     • Commercial Real Estate For Lease in New Orleans, LA
     • Office Space For Sale in New Orleans, LA
     • Office Space For Lease in New Orleans, LA
     • Industrial Property For Sale in New Orleans, LA
     • Industrial Property For Lease in New Orleans, LA
     • Flex-Office-Warehouse Space For Sale in New Orleans, LA
     • Flex-Office-Warehouse Space For Lease in New Orleans, LA
     • Retail Space For Sale in New Orleans, LA
     • Retail Space For Lease in New Orleans, LA
     • Multifamily Housing For Sale in New Orleans, LA
     • Specialty Real Estate For Sale in New Orleans, LA
     • Commercial Land and Lots For Sale in New Orleans, LA
     • Commercial Land and Lots For Lease in New Orleans, LA