Duplex
6274-6276 Bellaire Dr · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +18.5/30.0
- ARV discount +14.1/15.0
- DSCR +5.8/10.0
- 1% rule +4.9/10.0
- Livability +4.0/5.0
- Condition / age +2.8/5.0
- Rent growth +2.4/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$330,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 2 units. estimate disagrees with records
5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.
Listing remarks MLS
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
Key facts
- Fenced backyards
- Laundry closet
- Attached carports
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1.0-bath units multifamily listed at $330k. Condition is rated average.
Deal economics
- At list price, monthly cash flow is $247 ($3k/yr) — positive. Per door: $123/mo.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $328k (0.5% below list).
- Recommended offer: $290k (12.0% below list) — sets the bar for market timing.
- Cap rate 7.4% vs local median 4.4% 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 (-0.4%/yr); 226 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- This rent runs 32% of the median local income ($121k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k 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 367 days — a 12% lower offer ($290k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 4y ago; this cycle's ask has dropped $100k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 367 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 0.99% ✗
- Cap rate
- 7.43%
- Cash-on-cash
- 4.07%
- DSCR
- 1.18
- GRM
- 8.4
CMA / ARV
- ARV (median comp)
- $386,572
- List price
- $330,000
- Delta
- -14.63%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1524 Orpheum Ave | 0.58mi | 4/4.0 | 2,393 (+0%) | 15mo | $495,000 | $207 | 52 |
| 6209 11 Catina St | 0.52mi | 5/3.0 (+1) | 2,306 (-3%) | 14mo | $420,000 | $182 | 50 |
| 6441-43 Avenue A | 0.43mi | 5/3.0 (+1) | 2,136 (-10%) | 14mo | $399,000 | $187 | 42 |
| 6035-37 Colbert St | 0.70mi | 5/4.0 (+1) | 2,460 (+3%) | 10mo | $452,000 | $184 | 40 |
| 400 02 37th St | 0.53mi | 5/4.0 (+1) | 2,200 (-8%) | 23mo | $463,000 | $210 | 31 |
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
- IRR
- -14.8%
- Equity multiple
- 0.49×
- Total profit
- $-47,302
- Equity at exit
- $49,204
- IRR
- -12.3%
- Equity multiple
- 0.37×
- Total profit
- $-57,784
- Equity at exit
- $28,532
Cash invested: $92,400 (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
ZIP-level market 70124
- Rents YoY
- -0.4%
- Active inventory
- 226
- Price-to-rent
- 16.8×
Monthly cashflow live
- Estimated rent
- $3,283 high interval (Pro) →
- Mortgage (P&I)
- −$1,731
- Tax est. 1.5%
- −$412 /mo · $4,950/yr
- Insurance
- −$138
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$689
- Net cashflow
- $247
Break-even live
Sensitivity live
| Price | -10% $475 | -5% $361 | +0% $247 | +5% $133 | +10% $19 |
|---|---|---|---|---|---|
| Rent | -10% $-13 | -5% $117 | +0% $247 | +5% $376 | +10% $506 |
| Rate | -1.0pp $413 | -0.5pp $330 | base $247 | +0.5pp $161 | +1.0pp $74 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $3,284 |
| #1 | 2 | 1 | $1,642 |
| #2 | 2 | 1 | $1,642 |
| Total (2 units) | $3,283 | ||
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
- $82,500
- Closing costs
- $9,900
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 321 W Harrison Ave New Orleans, LA | 3.0 | 3.0 | 3000 | $2,500 | $0.83 | 17d | 1 | 0.15mi |
| 321 W Harrison Ave New Orleans, LA | 3.0 | 3.0 | 3000 | $3,000 | $1.00 | 45d | 1 | 0.15mi |
| 318 18th St New Orleans, LA | 3.0 | 2.0 | 1600 | $2,320 | $1.45 | 25d | 1 | 0.25mi |
| 428 16th St New Orleans, LA | 3.0 | 2.0 | 1682 | $2,350 | $1.40 | 18d | 1 | 0.25mi |
| 431 Tacoma St New Orleans, LA | 3.0 | 2.0 | 2019 | $4,300 | $2.13 | 17d | 1 | 0.31mi |
| 6558 Bellaire Dr New Orleans, LA | 3.0 | 2.5 | 1700 | $1,900 | $1.12 | 4d | 1 | 0.38mi |
| 309 Lilac St Metairie, LA | 3.0 | 2.5 | 1750 | $1,745 | $1.00 | 45d | 1 | 0.43mi |
| 6509 West End Blvd New Orleans, LA | 4.0 | 2.0 | 1750 | $2,600 | $1.49 | 25d | 1 | 0.53mi |
| 6180 Milne Blvd New Orleans, LA | 3.0 | 2.5 | 1785 | $2,400 | $1.34 | 4d | 1 | 0.56mi |
| 849 Rosa Ave Unit 1 Metairie, LA | 4.0 | 3.0 | 2392 | $2,650 | $1.11 | 25d | 1 | 0.57mi |
| 1117 Andrews Ave Metairie, LA | 3.0 | 2.0 | 1770 | $2,600 | $1.47 | 45d | 1 | 0.62mi |
| 6552 Milne Blvd New Orleans, LA | 4.0 | 2.0 | 2436 | $2,400 | $0.99 | 18d | 1 | 0.66mi |
| 6760 Bellaire Dr New Orleans, LA | 4.0 | 2.5 | 2000 | $2,750 | $1.38 | 45d | 1 | 0.67mi |
| 6118 Canal Blvd New Orleans, LA | 3.0 | 2.0 | 1960 | $2,800 | $1.43 | 17d | 1 | 0.84mi |
| 517 Rosa Ave Metairie, LA | 3.0 | 2.0 | 1900 | $2,100 | $1.11 | 6d | 1 | 0.85mi |
| 6369 Canal Blvd New Orleans, LA | 3.0 | 2.0 | 2000 | $2,600 | $1.30 | 16d | 1 | 0.87mi |
| 6866 Milne Blvd New Orleans, LA | 4.0 | 2.5 | 1700 | $2,795 | $1.64 | 45d | 1 | 0.92mi |
| 400 Metairie-Hammond Hwy Unit 4A Metairie, LA | 3.0 | 2.5 | 2316 | $6,300 | $2.72 | 16d | 1 | 0.97mi |
| 6845 Louisville St New Orleans, LA | 4.0 | 2.0 | 1600 | $3,500 | $2.19 | 17d | 1 | 1.01mi |
| 1437 Ocean Dr Metairie, LA | 3.0 | 2.0 | 1850 | $2,600 | $1.41 | 45d | 1 | 1.08mi |
| 1528 Cherokee Ave Metairie, LA | 3.0 | 2.5 | 2500 | $2,800 | $1.12 | 3d | 1 | 1.08mi |
| 437 Elmeer Ave Metairie, LA | 3.0 | 2.0 | 2041 | $3,950 | $1.94 | 23d | 1 | 1.09mi |
| 6431 Marshal Foch St New Orleans, LA | 3.0 | 2.0 | 1600 | $2,100 | $1.31 | 4d | 1 | 1.13mi |
| 700 Florida Blvd New Orleans, LA | 3.0 | 2.5 | 1850 | $1,950 | $1.05 | 17d | 1 | 1.15mi |
| 5622 Canal Blvd Unit Upper New Orleans, LA | 3.0 | 2.0 | 1736 | $2,100 | $1.21 | 5d | 1 | 1.16mi |
| 35 Oaklawn Dr Metairie, LA | 3.0 | 3.0 | 3175 | $12,000 | $3.78 | 45d | 1 | 1.19mi |
| 1055 Bonnabel Blvd Metairie, LA | 3.0 | 2.0 | 1581 | $2,650 | $1.68 | 5d | 1 | 1.21mi |
| 1055 Bonnabel Blvd Metairie, LA | 3.0 | 2.0 | 1581 | $2,650 | $1.68 | 4d | 1 | 1.21mi |
| 209 Rosa Ave Metairie, LA | 3.0 | 2.5 | 2400 | $2,000 | $0.83 | 16d | 1 | 1.21mi |
| 1253 Bonnabel Blvd Metairie, LA | 3.0 | 2.5 | 1660 | $2,350 | $1.42 | 25d | 1 | 1.29mi |
| 728 Bonnabel Blvd Unit 1 Metairie, LA | 3.0 | 2.0 | 2000 | $3,500 | $1.75 | 45d | 1 | 1.32mi |
| 523 Turquoise St New Orleans, LA | 3.0 | 3.0 | 1709 | $3,300 | $1.93 | 16d | 1 | 1.33mi |
| 5923 General Haig St New Orleans, LA | 3.0 | 2.5 | 2057 | $2,800 | $1.36 | 45d | 1 | 1.34mi |
| 6749 General Haig St New Orleans, LA | 3.0 | 3.0 | 2650 | $2,600 | $0.98 | 45d | 1 | 1.39mi |
| 808 Allen Toussaint Blvd New Orleans, LA | 3.0 | 2.0 | 1866 | $2,550 | $1.37 | 45d | 1 | 1.42mi |
| 6817 General Haig St New Orleans, LA | 3.0 | 2.5 | 2281 | $3,200 | $1.40 | 45d | 1 | 1.42mi |
| 5373 Canal Blvd New Orleans, LA | 3.0 | 2.0 | 1800 | $4,200 | $2.33 | 45d | 1 | 1.45mi |
| 5373 Canal Blvd New Orleans, LA | 3.0 | 2.0 | 1800 | $6,800 | $3.78 | 18d | 1 | 1.45mi |
Listing history 31 events
-
2026-06-21days on market $330,000 Active 367 DOM
-
2026-06-18days on market $330,000 Active 364 DOM
-
2026-06-17days on market $330,000 Active 363 DOM
-
2026-06-16days on market $330,000 Active 362 DOM
-
2026-06-15days on market $330,000 Active 361 DOM
-
2026-06-13days on market $330,000 Active 359 DOM
-
2026-06-10days on market $330,000 Active 356 DOM
-
2026-06-09days on market $330,000 Active 355 DOM
-
2026-06-08days on market $330,000 Active 354 DOM
-
2026-06-07days on market $330,000 Active 353 DOM
-
2026-06-05days on market $330,000 Active 350 DOM
-
2026-06-03days on market $330,000 Active 349 DOM
-
2026-06-02days on market $330,000 Active 348 DOM
-
2026-06-02price $330,000 Active 347 DOM
-
2026-06-01days on market $350,000 Active 347 DOM
-
2026-05-31days on market $350,000 Active 346 DOM
-
2026-05-18price $350,000 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2026-05-18price $350,000 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2026-02-18price $356,250 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2026-02-18price $356,250 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2026-01-20price $375,000 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2026-01-20price $375,000 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2025-10-16price $415,000 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2025-10-16price $415,000 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2025-06-18$430,000 Active 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2025-06-18$430,000 Active 429-char remark
Show marketing remark (429 chars)
Townhome style duplex with one unit down and one unit upstairs. Each have one bath, large den and kitchen, breakfast area, and laundry closet. Jack-n-Jill baths. Nice, fenced backyards with storage sheds at the end of it. Attached carports also have storage sheds. 6274 hvac and water heater replaced in 2024. Refrigerators are landlords. One of five duplex buildings for sale. Can be sold purchased individually or as a package.
-
2025-06-02$430,000 Active
-
2025-03-19historical $1,500
-
2025-02-20$1,500
-
2023-05-22$414,900
-
2022-11-10$2,060,000
ⓘ 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 8/10 Severe FEMA zone X (shaded) · 60% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥108°F today · 20 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
- $39,396
- − Mortgage interest
- −$18,485
- − Property taxes
- −$4,950
- − Insurance
- −$2,448
- − Repairs & maintenance
- −$3,152
- − Management
- −$3,152
- − Depreciation
- −$9,600
- Taxable loss
- −$2,390
- Est. tax savings @ 24.0%
- +$574
- After-tax cash flow
- $3,532/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
The home is in average condition with some minor repairs and maintenance needed. Fresh paint, flooring, exterior siding, interior walls/paint, roof, and systems can significantly increase its resale value.
Repairs flagged
- Minor Paint — The paint appears to be in good condition with no visible damage.
- Minor Flooring — The flooring appears to be in good condition with no visible damage.
- Minor Exterior siding — The exterior siding appears to be in good condition with no visible damage.
- Minor Interior walls/paint — The interior walls and paint appear to be in good condition with no visible damage.
- Minor Roof — No visible damage or wear on the roof.
- Minor Systems — No visible damage or wear on the HVAC system.
Value-add opportunities
- Resale Paint — Fresh paint can make a home look more appealing and increase its resale value.
- Resale Flooring — Fresh flooring can make a home look more appealing and increase its resale value.
- Resale Exterior siding — Fresh exterior siding can make a home look more appealing and increase its resale value.
- Resale Interior walls/paint — Fresh interior walls and paint can make a home look more appealing and increase its resale value.
- Resale Roof — A fresh roof can make a home look more appealing and increase its resale value.
- Resale Systems — Fresh systems can make a home look more appealing and increase its resale value.
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| Paint · The paint appears to be in good condition with no visible damage. | Minor | $500–3,000 |
| Flooring · The flooring appears to be in good condition with no visible damage. | Minor | $500–3,000 |
| Exterior siding · The exterior siding appears to be in good condition with no visible damage. | Minor | $500–3,000 |
| Interior walls/paint · The interior walls and paint appear to be in good condition with no visible damage. | Minor | $500–3,000 |
| Roof · No visible damage or wear on the roof. | Minor | $500–3,000 |
| Systems · No visible damage or wear on the HVAC system. | Minor | $500–3,000 |
| Total estimated repair cost · 6 items | $3,000–18,000 |
Value-add ROI direction
- Resale Paint — Fresh paint can make a home look more appealing and increase its resale value. ↑
- Resale Flooring — Fresh flooring can make a home look more appealing and increase its resale value. ↑
- Resale Exterior siding — Fresh exterior siding can make a home look more appealing and increase its resale value. ↑
- Resale Interior walls/paint — Fresh interior walls and paint can make a home look more appealing and increase its resale value. ↑
- Resale Roof — A fresh roof can make a home look more appealing and increase its resale value. ↑
- Resale Systems — Fresh systems can make a home look more appealing and increase its resale value. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
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
Livability — New Orleans
- Score
- 81/100
- State rank
- #3
- US rank
- #1383
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- New Orleans, LA
- County
- Orleans Parish · 338,817 people
- City population
- 338,817
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 21,778
- Household income
- $121,228
- Rent vs Own
- Severe rent burden
- 332.0
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
- Predominantly White (75%)
- Race & ethnicity
- White 75% Hispanic / Latino 14% Two or more races 13% Black 5% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Cuban 4%
- Common ancestry
- Lithuanian 18% Slovak 2% Italian 2%
- Foreign-born
- 4% · Canada, South Korea, China
- Languages at home
- 91% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 1%
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
- —
Market trends
- HPI YoY
- ▼ -227.84%
- Current HPI
- 181.5835
- Rent YoY
- ▼ -0.37%
- Metro
- New Orleans-Metairie, LA
- State GDP YoY
- ▲ 3.29%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in LA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
|
||
| Advertising | 1 | $2B |
|
||
Price history
-83.0% since first listed15 events — show timeline
- 2026-05-18 Price Changed $350,000 AcadianaMLS
- 2026-05-18 Price Changed $350,000 GSREIN
- 2026-02-18 Price Changed $356,250 AcadianaMLS
- 2026-02-18 Price Changed $356,250 GSREIN
- 2026-01-20 Price Changed $375,000 AcadianaMLS
- 2026-01-20 Price Changed $375,000 GSREIN
- 2025-10-16 Price Changed $415,000 AcadianaMLS
- 2025-10-16 Price Changed $415,000 GSREIN
- 2025-06-18 Listed $430,000 GSREIN
- 2025-06-18 Listed $430,000 AcadianaMLS
- 2025-06-02 Listed $430,000 AcadianaMLS
- 2025-03-19 Rental Removed $1,500 GSREIN
- 2025-02-20 Listed for Rent $1,500 GSREIN
- 2023-05-22 Listed $414,900 AcadianaMLS
- 2022-11-10 Listed $2,060,000 AcadianaMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…