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2219-2221 Dumaine St Duplex
B+ Composite 76.37
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.9/10.0
  • Livability +4.0/5.0
  • Condition / age +3.8/5.0
  • Rent growth +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$225,000

2219-2221 Dumaine St · New Orleans, LA 70119
6 bd · 4.0 ba · 2,433 sqft · MultiFamily · 16 Days on market
Built 1920 Good condition $92/sqft · 46% below area Est $416k · 46% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property's appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located walking distance to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

Key facts

  • Well designed units
  • Updated duplex
  • Built 1920

Tags

UPDATED DUPLEXWELL DESIGNED UNITSRECENT COSMETIC UPDATESWALKING DISTANCE TO BARSGENERATE RENTAL INCOME

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2 × 3-bed/2.0-bath units multifamily listed at $225k. Condition is rated good.
  • This rent per unit runs 35% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Deal economics

  • At list price, monthly cash flow is $854 ($10k/yr) — positive. Per door: $427/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $225k).
  • Recommended offer: $222k (1.5% below list) — sets the bar for market timing.
  • Cap rate 11.2% vs local median 4.3% in New Orleans — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
  • Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Benjamin Franklin Elem. Math And Science (math 12% / reading 23%, grade F, #479 of 646 statewide, top 75%, 747 students, 98% FRL, charter) — zoned schools average 98% FRL vs 68% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents soft (-0.2%/yr); 565 active listings in the ZIP; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 16 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $221,625 (1.5% below list)

Questions for the listing agent

  1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.39% ✓
Cap rate
11.20%
Cash-on-cash
17.53%
DSCR
1.78
GRM
6.0

CMA / ARV

ARV (median comp)
$416,286
List price
$225,000
Delta
-45.95%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2033 35 Governor Nicholls St 0.24mi 6/4.0 2,258 (-7%) 1mo $399,000 $177 76
1526 28 Governor Nicholls St 0.50mi 6/3.0 2,460 (+1%) 7mo $350,000 $142 65
1908-10 St. Louis St 0.37mi 6/6.0 2,468 (+1%) 11mo $438,000 $177 63
1915-1917 Bayou Rd 0.35mi 5/3.0 (-1) 2,255 (-7%) 2mo $250,000 $111 61
1809 11 Laharpe St 0.59mi 6/4.0 2,503 (+3%) 12mo $529,000 $211 58
2029 31 Conti St 0.64mi 6/6.0 2,502 (+3%) 8mo $485,000 $194 51
1925 27 Iberville St 0.52mi 6/3.0 2,752 (+13%) 2mo $415,000 $151 48
1818 Laharpe St 0.56mi 6/4.5 2,779 (+14%) 1mo $735,000 $264 48
2328 30 Bienville St 0.45mi 5/3.5 (-1) 2,115 (-13%) 6mo $400,000 $189 45
2304 06 Laharpe St 0.54mi 6/3.5 2,132 (-12%) 11mo $275,000 $129 43
1501-03 Marais St 0.75mi 6/4.0 2,680 (+10%) 10mo $690,000 $257 39
2734 36 Orchid St 0.48mi 5/2.0 (-1) 2,730 (+12%) 17mo $655,000 $240 30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
3.8%
Equity multiple
1.14×
Total profit
$8,819
Equity at exit
$33,548
10-year hold
IRR
10.1%
Equity multiple
1.68×
Total profit
$42,566
Equity at exit
$19,454

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Louisiana
90 Strongly Landlord-Friendly · R+12
County
— inherits STATE
City
— inherits STATE
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
31 active · 13 under contract
Months of supply
15.5 mo (6%/mo absorbed)
Median asking
$399,900 ($168/sqft)
Median days on market
16 d
This list price
6% of active listings are priced below it
ARV vs active asking
+1.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70119

Home prices YoY
-34.8%
Rents YoY
-0.2%
Active inventory
565
Price-to-rent
12.0×

Monthly cashflow live

Estimated rent
$3,133 high interval (Pro) →
Mortgage (P&I)
−$1,180
Tax est. 1.5%
−$281 /mo · $3,375/yr
Insurance
−$94
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
−$0
Vacancy / Maint / Mgmt
−$658
Net cashflow
$854

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $3,133

Break-even live

Break-even rent $2,052
Max offer price $225,000
Occupancy floor 68%

Sensitivity live

Price -10% $1,009 -5% $931 +0% $854 +5% $776 +10% $698
Rent -10% $606 -5% $730 +0% $854 +5% $977 +10% $1,101
Rate -1.0pp $967 -0.5pp $911 base $854 +0.5pp $795 +1.0pp $736

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$56,250
Closing costs
$6,750
Reserves months
—
Total cash needed
—

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
—
Monthly P&I
—
Monthly cashflow
—
DSCR
—
Eligible?
—

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2230 Dumaine St New Orleans, LA 2.0 2.0 983 $2,000 $2.03 164d 1 0.01mi
2230 Dumaine St New Orleans, LA 2.0 2.0 983 $1,700 $1.73 25d 1 0.01mi
2214 Dumaine St New Orleans, LA 2.0 1.0 1176 $1,600 $1.36 164d 1 0.02mi
921 N Miro St New Orleans, LA 2.0 1.0 813 $1,275 $1.57 52d 1 0.05mi
921 N Miro St New Orleans, LA 2.0 1.0 813 $1,350 $1.66 119d 1 0.05mi
2129 Dumaine St New Orleans, LA 3.0 2.0 1226 $1,850 $1.51 144d 1 0.06mi
2219 St Philip St New Orleans, LA 3.0 2.0 1000 $1,500 $1.50 52d 1 0.09mi
2125 Saint Ann St New Orleans, LA 2.0 1.0 766 $1,250 $1.63 52d 1 0.09mi
913 N Tonti St New Orleans, LA 3.0 2.0 1131 $1,550 $1.37 10d 1 0.10mi
913 N Tonti St New Orleans, LA 3.0 2.0 1131 $1,550 $1.37 14d 1 0.10mi
1015 N Galvez St New Orleans, LA 2.0 1.0 — $1,550 — 51d 1 0.11mi
1017 N Galvez St New Orleans, LA 2.0 1.0 900 $1,550 $1.72 34d 1 0.11mi
2302 Ursulines Ave Unit A New Orleans, LA 2.0 1.0 945 $1,350 $1.43 10d 1 0.13mi
2300 Ursulines Ave Unit A New Orleans, LA 2.0 1.0 945 $1,300 $1.38 10d 1 0.13mi
2032 Saint Philip St New Orleans, LA 2.0 2.0 800 $1,600 $2.00 164d 1 0.14mi
2302 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 924 $1,700 $1.84 45d 1 0.14mi
2423 Saint Ann St Unit 2423 New Orleans, LA 3.0 1.0 1000 $1,500 $1.50 10d 1 0.15mi
2426 Saint Philip St New Orleans, LA 2.0 1.0 849 $1,450 $1.71 164d 1 0.15mi
2332 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 925 $1,425 $1.54 138d 1 0.15mi
2332 Ursulines Ave Apt A New Orleans, LA 2.0 1.0 700 $1,200 $1.71 138d 1 0.15mi
2332 Ursulines Ave Apt A New Orleans, LA 2.0 1.0 950 $1,295 $1.36 17d 1 0.15mi
2332 Ursulines Ave New Orleans, LA 2.0 1.0 1000 $1,299 $1.30 1d 1 0.15mi
2332 Ursulines Ave Unit C New Orleans, LA 2.0 1.0 950 $1,350 $1.42 17d 1 0.15mi
2332 Ursulines Ave New Orleans, LA 2.0 1.0 1000 $1,299 $1.30 23d 1 0.15mi
2332 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 950 $1,400 $1.47 17d 1 0.15mi
2332 Ursulines Ave Unit C New Orleans, LA 2.0 1.0 950 $1,350 $1.42 10d 1 0.15mi
2332 Ursulines Ave Apt A New Orleans, LA 2.0 1.0 950 $1,295 $1.36 10d 1 0.15mi
2332 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 950 $1,400 $1.47 10d 1 0.15mi
2332 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 700 $1,400 $2.00 164d 1 0.15mi
2332 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 925 $1,399 $1.51 133d 1 0.15mi
2017 Saint Ann St New Orleans, LA 2.0 1.0 960 $1,095 $1.14 158d 1 0.16mi
2502 Dumaine St New Orleans, LA 2.0 1.0 966 $1,195 $1.24 143d 1 0.17mi
2502 Dumaine St New Orleans, LA 2.0 1.0 966 $1,195 $1.24 164d 1 0.17mi
2009 Saint Ann St Unit A New Orleans, LA 2.0 2.0 840 $1,125 $1.34 5d 1 0.17mi
2009 Saint Ann St New Orleans, LA 2.0 2.0 840 $1,125 $1.34 14d 1 0.17mi
2504 Dumaine St New Orleans, LA 3.0 2.0 1650 $3,500 $2.12 10d 1 0.17mi
2506 Dumaine St New Orleans, LA 3.0 2.0 1734 $2,500 $1.44 10d 1 0.17mi
2001 Saint Ann St Unit 2001 New Orleans, LA 2.0 2.0 1550 $1,350 $0.87 1d 1 0.18mi
2001 Saint Ann St Unit 2001 New Orleans, LA 3.0 2.0 1550 $2,000 $1.29 15d 1 0.18mi
910 N Prieur St New Orleans, LA 2.0 1.0 820 $1,250 $1.52 10d 1 0.18mi

Property features AI

Finance

Financial info
Two units, each renting for $1,300Tenants pay electricity, gas, and water

Exterior

Parking
Off-street parking
Utilities
Public waterPublic sewerNatural gas available
Home design
DuplexShotgun architectural style
Construction
Raised foundation

Interior

Bedrooms
Three bedrooms in each unit
Bathrooms
Two full bathrooms in each unit
Heating & cooling
HeatingWindow-unit cooling

Listing history 50 events

  1. 2026-11-08
    days on market $225,000 Active 16 DOM
  2. 2026-11-07
    days on market $225,000 Active 15 DOM
  3. 2026-11-06
    days on market $225,000 Active 14 DOM
  4. 2026-11-05
    days on market $225,000 Active 13 DOM
  5. 2026-11-04
    days on market $225,000 Active 12 DOM
  6. 2026-11-02
    days on market $225,000 Active 10 DOM
  7. 2026-11-01
    days on market $225,000 Active 9 DOM
  8. 2026-10-31
    days on market $225,000 Active 8 DOM
  9. 2026-10-30
    days on market $225,000 Active 7 DOM
  10. 2026-10-29
    days on market $225,000 Active 6 DOM
  11. 2026-10-28
    days on market $225,000 Active 5 DOM
  12. 2026-10-27
    days on market $225,000 Active 4 DOM
  13. 2026-10-26
    days on market $225,000 Active 3 DOM
  14. 2026-10-26
    days on marketlisting id $225,000 Active 2 DOM
  15. 2026-10-24
    days on market $225,000 Active 268 DOM
  16. 2026-10-23
    days on market $225,000 Active 267 DOM
  17. 2026-10-22
    days on market $225,000 Active 266 DOM
  18. 2026-10-21
    days on market $225,000 Active 265 DOM
  19. 2026-10-20
    days on market $225,000 Active 264 DOM
  20. 2026-10-19
    days on market $225,000 Active 263 DOM
    Show marketing remark (586 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property's appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located walking distance to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

  21. 2026-10-19
    price $225,000 Active 262 DOM
    Show marketing remark (586 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property's appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located walking distance to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

  22. 2026-10-18
    days on market $250,000 Active 262 DOM
    Show marketing remark (592 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located walking distance to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

  23. 2026-10-17
    days on market $250,000 Active 261 DOM
  24. 2026-10-16
    days on market $250,000 Active 260 DOM
  25. 2026-10-15
    days on market $250,000 Active 259 DOM
  26. 2026-10-14
    days on market $250,000 Active 258 DOM
  27. 2026-10-13
    days on market $250,000 Active 257 DOM
  28. 2026-10-12
    days on market $250,000 Active 256 DOM
  29. 2026-10-11
    status $250,000 Active 255 DOM
    Show marketing remark (592 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located walking distance to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

  30. 2026-10-11
    days on market $250,000 Active Under Contract 255 DOM
    Show marketing remark (592 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located walking distance to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

  31. 2026-10-10
    days on market $250,000 Active Under Contract 254 DOM
  32. 2026-10-09
    days on market $250,000 Active Under Contract 253 DOM
  33. 2026-10-08
    days on market $250,000 Active Under Contract 252 DOM
  34. 2026-10-07
    days on market $250,000 Active Under Contract 251 DOM
  35. 2026-10-07
    days on market $250,000 Active Under Contract 250 DOM
  36. 2026-10-05
    days on market $250,000 Active Under Contract 249 DOM
  37. 2026-10-04
    days on market $250,000 Active Under Contract 248 DOM
  38. 2026-10-04
    days on market $250,000 Active Under Contract 247 DOM
  39. 2026-10-02
    days on market $250,000 Active Under Contract 246 DOM
  40. 2026-10-01
    days on market $250,000 Active Under Contract 245 DOM
  41. 2026-09-30
    days on market $250,000 Active Under Contract 244 DOM
  42. 2026-09-29
    days on market $250,000 Active Under Contract 243 DOM
  43. 2026-09-28
    days on market $250,000 Active Under Contract 242 DOM
  44. 2026-09-27
    days on market $250,000 Active Under Contract 241 DOM
  45. 2026-09-25
    days on market $250,000 Active Under Contract 239 DOM
  46. 2026-09-24
    days on market $250,000 Active Under Contract 238 DOM
  47. 2026-09-23
    days on market $250,000 Active Under Contract 237 DOM
  48. 2026-09-22
    days on market $250,000 Active Under Contract 236 DOM
  49. 2026-09-21
    days on market $250,000 Active Under Contract 235 DOM
  50. 2026-09-20
    statusdays on market $250,000 Active Under Contract 234 DOM
    Show marketing remark (592 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located walking distance to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 27% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$37,596
− Mortgage interest
−$12,603
− Property taxes
−$3,375
− Insurance
−$1,922
− Repairs & maintenance
−$3,008
− Management
−$3,008
− Depreciation
−$6,545
Taxable income
$7,134
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,712
After-tax cash flow
$8,532/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Good 75/100 Cosmetic rehab Est. rehab $12,165–$36,495 screening

This updated shotgun-style duplex features two well-designed units, each offering 3 bedrooms and 2 bathrooms. The home is in good condition with fresh paint and hardwood flooring, making it an excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics, attracting more buyers and renters. ↑
  • Both Updating the kitchen appliances — Modern appliances improve functionality and appeal, making the home more attractive to both buyers and renters. ↑
  • Both Upgrading the bathrooms with modern fixtures — Modern bathrooms with updated fixtures increase the home's value and appeal to a broader range of buyers and renters. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 22/100

Zoned Schools

Elementary Mary Bethune Elementary Literature/technology F LA #415/646 Nat'l #32,000/41,679 High Mcdonogh #35 College Preparatory School

Schools (NCES district)

District
Orleans Parish
NCES district ID
2201170
Math proficiency
11% ▼ -52.00%
Reading proficiency
27% ▼ -46.00%
Median HH income
$37,011
Composite
15.78/100
National rank
#9271
State rank
#69 of 98 in LA
A Composite livability gradescore 81/100

Livability — New Orleans

Score
81/100
State rank
#3
US rank
#1383

Category grades

Amenities A+ Commute A+ Cost of living B+ Crime C- Employment D Housing B- Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
New Orleans, LA
County
Orleans Parish · 513,025 people
City population
338,817
Metro
New Orleans-Metairie, LA
Population (ZIP)
37,253
Household income
$53,143
Rent vs Own
62.8% rent · 37.2% own
Severe rent burden
13% of renters

Population outlook (Orleans County) Hauer SSP2

Today (2025)
513,025 people
By 2030
575,781 · +12.2%
By 2040
700,174 · +36.5%
By 2050
826,541 · +61.1%
By 2075
1,123,374 · +119.0%
By 2100
1,355,609 · +164.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Black 44% White 40% Two or more races 10% Hispanic / Latino 9% Asian 1%
Hispanic origin (detail)
Mexican 2%
Languages at home
91% English-only · Spanish 6% French/Haitian/Cajun 1% Other Indo-European 0%

Political lean MEDSL · Orleans

2024 margin
Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
2008→2024 swing
+6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
All cycles
2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3

Not yet ingested

Civics
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Price history

+181.2% since first listed
21 events — show timeline
  • 2026-10-19 Price Changed $225,000 AcadianaMLS
  • 2026-10-18 Price Changed $225,000 GSREIN
  • 2026-10-11 Relisted — AcadianaMLS
  • 2026-10-11 Relisted — GSREIN
  • 2026-09-20 Pending — AcadianaMLS
  • 2026-09-20 Contingent — GSREIN
  • 2026-08-02 Price Changed $250,000 AcadianaMLS
  • 2026-08-02 Price Changed $250,000 GSREIN
  • 2026-07-09 Price Changed $280,000 AcadianaMLS
  • 2026-07-09 Price Changed $280,000 GSREIN
  • 2026-04-18 Price Changed $310,000 AcadianaMLS
  • 2026-04-18 Price Changed $310,000 GSREIN
  • 2026-03-13 Price Changed $325,000 AcadianaMLS
  • 2026-03-13 Price Changed $325,000 GSREIN
  • 2026-01-29 Listed $225,000 ROAM MLS
  • 2026-01-29 Listed $337,500 GSREIN
  • 2026-01-29 Listed $337,500 AcadianaMLS
  • 2011-04-28 Listed $39,900 AcadianaMLS
  • 2011-03-26 Listed $55,000 AcadianaMLS
  • 2006-03-02 Listed $254,000 AcadianaMLS
  • 2001-06-15 Listed $80,000 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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