4529 Stemway Drive, New Orleans, LA 70126
Local realty services provided by:ERA Sarver Real Estate
4529 Stemway Drive,New Orleans, LA 70126
$113,000
- 3 Beds
- 1 Baths
- 1,520 sq. ft.
- Single family
- Active
Listed by:dominique london
Office:the egroup, llc.
MLS#:2500402
Source:LA_GSREIN
Price summary
- Price:$113,000
- Price per sq. ft.:$21.16
About this home
4529 Stemway Dr, New Orleans, LA 70126
Offered in As-Is Condition – Great Investor Opportunity
Located in the quiet and family-oriented Stemway Subdivision, this 3-bedroom, 1-bathroom single-family home offers approximately 1,500 square feet of living space on a 5,300 square foot lot. This property presents an excellent opportunity for investors seeking a value-add project in an established neighborhood experiencing new growth, including multiple new construction homes on the same street.
The home features a spacious floor plan with an addition on the left side that serves as the third bedroom. Please note: the addition has a roof leak that has resulted in significant mold on the ceiling sheetrock, which will require full demolition and replacement. The two original bedrooms also have holes in the wood flooring that need to be addressed. A recent estimate from licensed contractors suggests approximately $10,000 in repairs to bring the home to standard condition.
Previously used as a rental property, this home holds solid potential either as a long-term investment or a renovation and resale project. With new developments nearby, there is strong potential for equity growth.
Key Features:
3 Bedrooms | 1 Bathroom
Approx. 1,500 sq ft living area
5,300 sq ft lot
Quiet, residential street
Investor-friendly with renovation potential
Surrounded by new construction homes
This is a rare opportunity to own in a growing neighborhood at an affordable price. Don’t miss out on the chance to bring this home back to life and capitalize on its potential.
Contact an agent
Home facts
- Year built:2001
- Listing Id #:2500402
- Added:102 day(s) ago
- Updated:August 16, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,520 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:2001
- Building area:1,520 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$113,000
- Price per sq. ft.:$21.16
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