VA BUYERS, TAKE NOTE: 2.625% ASSUMABLE VA LOAN! An exceptional financing opportunity may be available to a qualified VA purchaser able to complete a Substitution of Entitlement, subject to lender and VA approval. Offered at $182,500, 1614 River Oaks Drive is a move-in-ready 3-bedroom, 2-bath home offering 1,428 square feet of comfortable single-level living. The bright, open floor plan connects an oversized living area with the dining space and kitchen, creating plenty of room for everyday living and entertaining. You'll find generous room sizes throughout, no carpet, two full baths, a spacious laundry area and a flexible layout with room to work, relax and make the space your own. Refrigerator, range/oven, dishwasher and microwave remain with the home. Important improvements include a 2021 roof and an HVAC system that was extensively rebuilt with new components in spring 2026. Outside, the home offers covered two-car parking and a fully fenced yard with usable outdoor space. Located in an X flood zone, the property also provides convenient access to Federal City and the advantages of an Orleans Parish West Bank location. The financing opportunity may be the real showstopper. The seller's existing VA mortgage carries a 2.625% interest rate, potentially allowing an eligible VA buyer to assume a remarkably attractive rate in today's lending environment. Assumption and Substitution of Entitlement are subject to purchaser qualification and lender/VA approval. Affordable price. Move-in-ready condition. And a 2.625% assumable VA loan for the right buyer. Come see what makes 1614 River Oaks Drive such an unusual opportunity.
Listed By
Agency Name: FQR Realtors
Agency Phone: (504) 949-5400
Shown By
Agency Title: Suzette Hubbell
Agency Phone: (985)249-1151
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1614 River Oaks Drive | MLS# 2548469
This single family home located at 1614 River Oaks Drive, New Orleans, LA 70131 is currently listed for sale with an asking price of $182,500. This property was built in 1970 and has 3 bedrooms and 2 full baths with 1428 sq. ft. Search New Orleans real estate on www.suzettehubbell.com today.