2543-45 Gravier St · New Orleans, LA 70119

$185,000

4 bd · 4.0 ba · 1,193 sqft · MultiFamily · 372 Days on market

Built 1950 Fair condition $155/sqft · 30% below area Est $266k · 30% under

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Multi-family units

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

Listing remarks MLS

Investor's Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it's a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola--well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

Key facts

• Private backyard
• Generous layout
• Built 1950

Tags

• INCOME PRODUCING DUPLEX
• HIGHLY SOUGHT AFTER LOCATION
• SOLID STRUCTURAL INTEGRITY
• GENEROUS LAYOUT
• WELCOMING FRONT PORCH
• PRIVATE BACKYARD

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/2.0-bath units multifamily listed at $185k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $660 ($8k/yr) — positive. Per door: $330/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $185k).
• Recommended offer: $163k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.3% 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.
• Market conditions: Rents soft (-0.2%/yr); 381 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
• At $2,994/mo this rent would consume 68% of the median local household income ($53k/yr) (locally 3381% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 372 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 30y ago; this cycle's ask has dropped $12k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $162,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 372 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. 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.
10. 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.
11. 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: 1.62% ✓
• Cap rate: 13.34%
• Cash-on-cash: 25.18%
• DSCR: 2.12
• GRM: 5.1

CMA / ARV

• ARV (median comp): $265,958
• List price: $185,000
• Delta: -30.44%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
209 11 N Johnson St	0.59mi	3/2.0 (-1)	1,250 (+5%)	14mo	$215,000	$172	40

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: 1.9%
• Equity multiple: 1.07×
• Total profit: $3,605
• Equity at exit: $27,584

10-year hold

• IRR: 7.5%
• Equity multiple: 1.48×
• Total profit: $24,625
• Equity at exit: $15,995

Cash invested: $51,800 (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.

Methodology + full state rankings →

ZIP-level market 70119

• Home prices YoY: -34.8%
• Rents YoY: -0.2%
• Active inventory: 381
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,994 high
• Mortgage (P&I): −$970
• Tax est. 1.5%: −$231 /mo · $2,775/yr
• Insurance: −$77
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$629
• Net cashflow: $660

Break-even live

Break-even rent $2,158

Max offer price $185,000

Occupancy floor 73%

Sensitivity live

Price	-10% $788	-5% $724	+0% $660	+5% $596	+10% $532
Rent	-10% $424	-5% $542	+0% $660	+5% $778	+10% $897
Rate	-1.0pp $753	-0.5pp $707	base $660	+0.5pp $612	+1.0pp $564

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	2	$2,994
Total (2 units)			$2,994

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2539 Gravier St Unit 2541 New Orleans, LA	3.0	1.0	1115	$1,495	$1.34	16d	1	0.02mi
2645 Gravier St Unit 2645-A New Orleans, LA	3.0	1.0	1290	$1,595	$1.24	24d	1	0.07mi
2651 Poydras St New Orleans, LA	1.0–4.0	1.0–2.0	1095	$2,545	$2.32	2d	16	0.14mi
2652 Banks St New Orleans, LA	3.0	3.5	1204	$2,100	$1.74	24d	1	0.17mi
2615 Banks St New Orleans, LA	3.0	2.0	1200	$1,900	$1.58	3d	1	0.19mi
2304 Gravier St Unit 2304 New Orleans, LA	3.0	2.0	1112	$1,800	$1.62	16d	1	0.20mi
2517 Palmyra St New Orleans, LA	3.0	2.0	1306	$2,100	$1.61	17d	1	0.27mi
2912 Palmyra St Unit D New Orleans, LA	3.0	2.0	1257	$1,650	$1.31	24d	1	0.39mi
3023 Baudin St New Orleans, LA	3.0	1.0	968	$2,400	$2.48	17d	1	0.40mi
426 S Lopez St New Orleans, LA	4.0	3.0	1400	$2,300	$1.64	24d	1	0.46mi
325 S Rendon St New Orleans, LA	3.0	2.0	1130	$2,000	$1.77	24d	1	0.58mi
315 N Miro St New Orleans, LA	3.0	3.0	1276	$2,500	$1.96	24d	1	0.61mi
315 N Miro St New Orleans, LA	3.0	3.0	1276	$2,300	$1.80	21d	1	0.61mi
2320 Conti St New Orleans, LA	3.0	2.0	1125	$2,500	$2.22	24d	1	0.63mi
216 N Salcedo St New Orleans, LA	3.0	1.0	866	$1,500	$1.73	24d	1	0.65mi
2024 Bienville St New Orleans, LA	3.0	2.0	1314	$2,100	$1.60	24d	1	0.65mi
2105 Bienville St New Orleans, LA	3.0	3.0	1231	$2,350	$1.91	17d	1	0.66mi
439 S Norman C. Francis Pkwy Unit 1A New Orleans, LA	3.0	1.0	1200	$1,700	$1.42	22d	1	0.66mi
334 S Clark St New Orleans, LA	3.0	1.0	1065	$1,750	$1.64	22d	1	0.71mi
2033 Conti St New Orleans, LA	3.0	3.0	1249	$2,250	$1.80	15d	1	0.73mi
3315 Iberville St Unit 3 New Orleans, LA	3.0	1.5	1006	$1,345	$1.34	24d	1	0.75mi
1318 S Salcedo St Unit 101 New Orleans, LA	4.0	2.0	1152	$1,775	$1.54	17d	1	0.77mi
1318 S Salcedo St Unit 202 New Orleans, LA	4.0	2.0	1152	$1,975	$1.71	24d	1	0.77mi
429 S Genois St Unit 429 New Orleans, LA	3.0	1.0	1022	$1,650	$1.61	24d	1	0.78mi
431 S Genois St New Orleans, LA	3.0	1.0	1022	$1,675	$1.64	24d	1	0.79mi
3632 First St Unit B New Orleans, LA	3.0	2.0	950	$1,750	$1.84	12d	1	0.79mi
3632 First St Unit A New Orleans, LA	3.0	2.0	950	$1,850	$1.95	12d	1	0.79mi
3232 Conti St New Orleans, LA	3.0	2.0	1140	$3,500	$3.07	44d	1	0.80mi
1908 Saint Louis St New Orleans, LA	3.0	3.0	1234	$2,300	$1.86	24d	1	0.81mi
4702 Euphrosine St New Orleans, LA	3.0	1.0	1100	$1,850	$1.68	4d	1	0.85mi
3218 Jackson Ave New Orleans, LA	3.0	2.0	1267	$1,750	$1.38	24d	1	0.86mi
439 N Norman C Francis Pkwy Unit 1A New Orleans, LA	3.0	1.0	1200	$1,700	$1.42	22d	1	0.91mi
3804 Banks St New Orleans, LA	3.0	2.0	1353	$2,250	$1.66	17d	1	0.91mi
2606 S Miro St New Orleans, LA	3.0	2.0	1450	$2,016	$1.39	24d	1	0.92mi
3617 Fourth St Unit A New Orleans, LA	3.0	2.0	1225	$1,995	$1.63	17d	1	0.92mi
2341 S Roman St Unit U New Orleans, LA	3.0	2.0	1000	$1,850	$1.85	24d	1	0.96mi
1210 S Genois St New Orleans, LA	3.0	1.0	1000	$1,595	$1.59	24d	1	0.96mi
824 N Dupre St New Orleans, LA	3.0	2.0	1315	$2,250	$1.71	17d	1	0.98mi
2620 S Galvez St Apt 2B New Orleans, LA	3.0	1.0	1000	$1,100	$1.10	17d	1	0.98mi
1228 S Genois St New Orleans, LA	3.0	1.0	1000	$1,150	$1.15	24d	1	0.98mi

Listing history 25 events

1. 2026-06-18
   days on market $185,000 Active 372 DOM
2. 2026-06-17
   days on market $185,000 Active 371 DOM
3. 2026-06-16
   days on market $185,000 Active 370 DOM
4. 2026-06-15
   days on market $185,000 Active 369 DOM
5. 2026-06-13
   days on market $185,000 Active 367 DOM
6. 2026-06-10
   days on market $185,000 Active 364 DOM
7. 2026-06-09
   days on market $185,000 Active 363 DOM
8. 2026-06-08
   days on market $185,000 Active 362 DOM
9. 2026-06-07
   days on market $185,000 Active 361 DOM
10. 2026-06-05
    days on market $185,000 Active 358 DOM
11. 2026-06-03
    days on market $185,000 Active 357 DOM
12. 2026-06-02
    days on market $185,000 Active 356 DOM
13. 2026-06-01
    days on market $185,000 Active 355 DOM
14. 2026-05-31
    days on market $185,000 Active 354 DOM
15. 2026-02-11
    price $185,000 860-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

16. 2026-02-11
    price $185,000 877-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

17. 2026-01-02
    status Active 877-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

18. 2026-01-01
    historical 877-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

19. 2025-08-27
    price $195,000 860-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

20. 2025-08-27
    price $195,000 877-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

21. 2025-06-10
    listed $197,000 Active 860-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

22. 2025-06-10
    listed $197,000 Active 877-char remark

    Show marketing remark (877 chars)

    Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

23. 2025-02-06
    listed $199,990 Active
24. 2019-08-16
    listed $249,000
25. 1996-09-17
    listed $16,500

ⓘ 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 AE · 78% 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

Taxation est. · year 1

• Rental income: $35,928
• − Mortgage interest: −$10,363
• − Property taxes: −$2,775
• − Insurance: −$6,044
• − Repairs & maintenance: −$2,874
• − Management: −$2,874
• − Depreciation: −$5,382
• Taxable income: $5,616
• Est. tax owed @ 24.0%: −$1,348
• After-tax cash flow: $6,575/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

Fair 45/100 Moderate rehab

This income-producing duplex requires moderate renovations, including exterior painting, roof repair, and landscaping, to significantly enhance its resale and rental value.

Repairs flagged

• Major roof — Visible damage or wear on the roof.
• Major exterior siding — Weathered and in poor condition.
• Major fencing — Old and in need of repair.

Value-add opportunities

• Resale Painting exterior — Fresh paint can significantly improve curb appeal and home value.
• Rental Landscaping and yard maintenance — Well-maintained landscaping can attract tenants and increase rental income.
• Both Roof repair — A repaired roof will improve the home's structural integrity and overall value.

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Visible damage or wear on the roof.	Major	$15,000–50,000
exterior siding · Weathered and in poor condition.	Major	$15,000–50,000
fencing · Old and in need of repair.	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Resale Painting exterior — Fresh paint can significantly improve curb appeal and home value. ↑
• Rental Landscaping and yard maintenance — Well-maintained landscaping can attract tenants and increase rental income. ↑
• Both Roof repair — A repaired roof will improve the home's structural integrity and overall 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

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 · 338,817 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: 3381.0

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: 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%
• Common ancestry: Lithuanian 8% Slovak 2% Romanian 1%
• Foreign-born: 6% · Canada, Jamaica
• 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: —

Market trends

• HPI YoY: ▼ -135.38%
• Current HPI: 253.1929
• Rent YoY: ▼ -0.20%
• 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

+1021.2% since first listed

11 events — show timeline

• 2026-02-11 Price Changed $185,000 AcadianaMLS
• 2026-02-11 Price Changed $185,000 GSREIN
• 2026-01-02 Relisted — GSREIN
• 2026-01-01 Listing Removed — GSREIN
• 2025-08-27 Price Changed $195,000 AcadianaMLS
• 2025-08-27 Price Changed $195,000 GSREIN
• 2025-06-10 Listed $197,000 GSREIN
• 2025-06-10 Listed $197,000 AcadianaMLS
• 2025-02-06 Listed $199,990 AcadianaMLS
• 2019-08-16 Listed $249,000 AcadianaMLS
• 1996-09-17 Listed $16,500 AcadianaMLS