4529 Stemway Drive
New Orleans, LA 70126
- 3 beds
- 1 bath
- 1,520 sqft
- $78 per sqft
- 2001 build
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.
Last checked:
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Checking…
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Last updated May 6, 2025
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MLS# 2500402 —
The Building
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Year Built:2001
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Architectural Style:Traditional
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Building Area Total:5340
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Building Area Source:Assessor
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Roof:Shingle
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Foundation:Slab
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Patio Features:Concrete
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Levels:One
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Stories:1
Interior
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Living Area:1520
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Living Area Source:Assessor
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Fireplace:No
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Fireplace Features:None
Financial & Terms
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Home Warranty:No
Location
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Cross Street:Downman Rd, Dwyer Rd
The Property
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Parcel Number:5
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Property Type:Residential
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Property Subtype:Detached
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Property Subtype Additional:Detached, Single Family Residence
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Property Condition:Average Condition
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Lot Features:City Lot, Rectangular Lot
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Lot Size Dimensions:5300
Listing Agent
- Contact info:
- Agent phone:
- (504) 473-3327
- Office phone:
- (504) 473-3327
Taxes
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Tax Lot:4
Beds
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Bedrooms Total:3
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Current Price:$120,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:None
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Spa:No
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Association:No
Parking
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Parking Features:Driveway
Monthly cost estimate
Asking price
$120,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$642
|
| Taxes | N/A |
| Insurance | $33 |
| Utilities | $123 See report |
| Total | $798/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/6/25
May 6, 2025
|
Listed / Active | GSREIN | $120,000 |
