Multi-family
2237 39 Washington Ave · New Orleans, LA
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.27%
- 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
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 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 A 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
- Appreciation +10.0/10.0
- 1% rule +8.7/10.0
- Livability +4.0/5.0
- Condition / age +4.0/5.0
- Rent growth +2.5/5.0
- Schools +1.8/10.0
$175,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
Calling all investors! Historic double in convenient location with quick access to St. Charles Avenue, I-10, the Uptown parade route, and more! One side is rented with current monthly rental income of $800 with potential for more. High ceilings throughout and spacious yard. Each unit has 2 bedrooms/ 1 bath. This property is part of a portfolio of several multi-family properties in the surrounding area that can be sold together. Great investment opportunity!
Key facts
- Spacious yard
- Historic double
- Convenient location
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath multifamily listed at $175k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $720 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $175k).
- Recommended offer: $164k (6.0% below list) — sets the bar for market timing.
- Cap rate 11.2% 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: 176 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 88d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
Forward outlook
- In year one you build about $19k of equity ($1k loan paydown + $18k appreciation (10.0% local appreciation)).
- Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (10.0% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 2, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 81 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 32y 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.
- Current owner paid $6k; list at $175k implies a 2817% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- 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.
Questions for the listing agent
- It's been on market 81 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- 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
- 1.37% ✓
- Cap rate
- 11.23%
- Cash-on-cash
- 17.63%
- DSCR
- 1.78
- GRM
- 6.1
CMA / ARV
- ARV (median comp)
- $324,118
- List price
- $175,000
- Delta
- -46.01%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1927 29 Delachaise St | 0.45mi | 2/2.0 | 1,286 (-16%) | 2mo | $275,000 | $214 | 52 |
| 2001 03 Foucher St | 0.47mi | 2/2.0 | 1,753 (+15%) | 1mo | $443,000 | $253 | 52 |
| 936 Second St | 0.95mi | 2/2.0 | 1,565 (+3%) | 15mo | $499,999 | $319 | 48 |
| 3533-35 Louisiana Ave Pkwy | 0.87mi | 2/2.0 | 1,408 (-8%) | 12mo | $200,000 | $142 | 42 |
| 800 02 Ninth St | 1.09mi | 2/2.5 | 1,580 (+4%) | 18mo | $193,000 | $122 | 42 |
| 4005-4007 Camp St | 1.08mi | 3/2.0 (+1) | 1,625 (+7%) | 14mo | $540,000 | $332 | 38 |
| 1015 Louisiana Ave | 0.98mi | 3/2.0 (+1) | 1,578 (+4%) | 21mo | $443,000 | $281 | 37 |
| 2209 11 Valence St | 1.01mi | 2/2.0 | 1,338 (-12%) | 10mo | $387,000 | $289 | 36 |
| 4526 24 S Robertson St | 0.90mi | 2/2.0 | 1,234 (-19%) | 6mo | $255,000 | $207 | 35 |
| 3451 Constance St | 1.03mi | 3/3.0 (+1) | 1,755 (+15%) | 14mo | $450,000 | $256 | 19 |
| 2610 12 S Johnson St | 0.74mi | 1/1.0 (-1) | 1,250 (-18%) | 18mo | $42,500 | $34 | 16 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 37.4%
- Equity multiple
- 3.88×
- Total profit
- $141,172
- Equity at exit
- $157,654
- IRR
- 32.2%
- Equity multiple
- 8.75×
- Total profit
- $379,705
- Equity at exit
- $339,987
Cash invested: $49,000 (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
Active competition Active MLS
- For sale now
- 5 active · 4 under contract
- Months of supply
- 7.5 mo (13%/mo absorbed)
- Median asking
- $185,900 ($138/sqft)
- Median days on market
- 110 d
- This list price
- 40% of active listings are priced below it
- ARV vs active asking
- +54.1% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 70113
- Active inventory
- 176
- Price-to-rent
- 12.2×
Monthly cashflow live
- Estimated rent
- $2,400 high interval (Pro) →
- Mortgage (P&I)
- −$918
- Tax from tax record
- −$186 /mo · $2,226/yr
- Insurance
- −$73
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$504
- Net cashflow
- $720
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $2,400 |
| #1 | 2 | 1 | $1,200 |
| #2 | 2 | 1 | $1,200 |
| Total (2 units) | $2,400 | ||
Break-even live
Sensitivity live
| Price | -10% $819 | -5% $769 | +0% $720 | +5% $670 | +10% $621 |
|---|---|---|---|---|---|
| Rent | -10% $530 | -5% $625 | +0% $720 | +5% $815 | +10% $909 |
| Rate | -1.0pp $808 | -0.5pp $764 | base $720 | +0.5pp $674 | +1.0pp $628 |
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
- $43,750
- Closing costs
- $5,250
- Club membership (one-time)
- —
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2223 Washington Ave New Orleans, LA | 2.0 | 1.0 | — | $1,200 | — | 119d | 1 | 0.04mi |
| 2220 4th St New Orleans, LA | 1.0 | 1.0 | 937 | $1,650 | $1.76 | 119d | 1 | 0.05mi |
| 2222 Fourth St New Orleans, LA | 2.0 | 1.5 | 937 | $1,550 | $1.65 | 119d | 1 | 0.05mi |
| 2316 Washington Ave Apt 211 New Orleans, LA | 1.0 | 1.0 | 475 | $975 | $2.05 | 119d | 1 | 0.05mi |
| 2316 Washington Ave Unit 209 New Orleans, LA | 1.0 | 1.0 | 500 | $925 | $1.85 | 119d | 1 | 0.05mi |
| 2316 Washington Ave #101 New Orleans, LA | 1.0 | 1.0 | 475 | $975 | $2.05 | 98d | 1 | 0.05mi |
| 2712 Lasalle St New Orleans, LA | 3.0 | 1.5 | 932 | $1,425 | $1.53 | 7d | 1 | 0.05mi |
| 2721 Loyola Ave New Orleans, LA | 2.0 | 1.0 | 588 | $1,100 | $1.87 | 7d | 1 | 0.06mi |
| 2717 Loyola Ave New Orleans, LA | 3.0 | 2.0 | 1232 | $2,300 | $1.87 | 119d | 1 | 0.07mi |
| 2717 Loyola Ave New Orleans, LA | 3.0 | 2.0 | 1250 | $2,300 | $1.84 | 97d | 1 | 0.07mi |
| 2310 Third St Unit 1 New Orleans, LA | 3.0 | 2.0 | 1300 | $1,800 | $1.38 | 78d | 1 | 0.09mi |
| 2413 Third St New Orleans, LA | 2.0 | 1.0 | 688 | $1,200 | $1.74 | 66d | 1 | 0.13mi |
| 2107 Fourth St New Orleans, LA | 3.0 | 1.0 | 1292 | $1,775 | $1.37 | 112d | 1 | 0.14mi |
| 2808 S Saratoga St New Orleans, LA | 1.0 | 1.0 | 600 | $1,175 | $1.96 | 119d | 1 | 0.15mi |
| 2227 Second St New Orleans, LA | 2.0 | 2.0 | 1100 | $1,900 | $1.73 | 119d | 1 | 0.16mi |
| 2315 Second St New Orleans, LA | 2.0 | 1.0 | 897 | $1,500 | $1.67 | 7d | 1 | 0.17mi |
| 2225 2nd St New Orleans, LA | 3.0 | 2.0 | 1100 | $1,800 | $1.64 | 119d | 1 | 0.17mi |
| 2215 Second St Apt B New Orleans, LA | 1.0 | 1.0 | 800 | $1,399 | $1.75 | 1d | 1 | 0.17mi |
| 2135 2nd St New Orleans, LA | 1.0 | 1.0 | 580 | $1,200 | $2.07 | 6d | 4 | 0.19mi |
| 2014 Third St New Orleans, LA | 3.0 | 2.0 | 1000 | $2,000 | $2.00 | 7d | 1 | 0.20mi |
| 2617 Danneel St New Orleans, LA | 2.0 | 1.5 | 1098 | $2,200 | $2.00 | 63d | 1 | 0.20mi |
| 2330 Harmony St New Orleans, LA | 1.0 | 1.0 | 611 | $900 | $1.47 | 0d | 1 | 0.21mi |
| 2605 Danneel St Unit A New Orleans, LA | 2.0 | 1.0 | 830 | $1,350 | $1.63 | 119d | 1 | 0.22mi |
| 1933 Washington Ave Unit 201A New Orleans, LA | 1.0 | 1.0 | 566 | $1,100 | $1.94 | 7d | 1 | 0.22mi |
| 2130 1st St New Orleans, LA | 2.0 | 2.0 | 1080 | $2,200 | $2.04 | 62d | 1 | 0.22mi |
| 2849 Danneel St New Orleans, LA | 2.0 | 2.0 | 950 | $1,900 | $2.00 | 87d | 1 | 0.22mi |
| 2037 Second St New Orleans, LA | 2.0 | 1.0 | 1000 | $1,325 | $1.32 | 0d | 1 | 0.22mi |
| 2429 Freret St New Orleans, LA | 2.0 | 1.0 | 725 | $1,400 | $1.93 | 0d | 1 | 0.22mi |
| 2429 Freret St New Orleans, LA | 2.0 | 1.0 | 725 | $1,300 | $1.79 | 98d | 1 | 0.22mi |
| 2411 S Saratoga St New Orleans, LA | 2.0 | 1.0 | 902 | $1,800 | $2.00 | 1d | 1 | 0.23mi |
| 2612 Danneel St New Orleans, LA | 3.0 | 2.0 | 950 | $1,400 | $1.47 | 7d | 1 | 0.23mi |
| 2606 Danneel St New Orleans, LA | 3.0 | 1.0 | 1125 | $1,395 | $1.24 | 73d | 1 | 0.24mi |
| 2606 Danneel St Unit 2606 New Orleans, LA | 2.0 | 1.0 | 1125 | $1,395 | $1.24 | 7d | 1 | 0.24mi |
| 2403 S Saratoga St New Orleans, LA | 3.0 | 2.5 | 1600 | $2,200 | $1.38 | 92d | 1 | 0.24mi |
| 3016 S Saratoga St New Orleans, LA | 3.0 | 3.0 | 1821 | $3,100 | $1.70 | 78d | 1 | 0.25mi |
| 2705 Dryades St New Orleans, LA | 2.0 | 1.0 | 1100 | $2,000 | $1.82 | 119d | 1 | 0.26mi |
| 1908 Washington Ave Unit NA New Orleans, LA | 2.0 | 2.5 | 1498 | $2,100 | $1.40 | 115d | 1 | 0.26mi |
| 2503 First St New Orleans, LA | 2.0 | 1.0 | 741 | $1,200 | $1.62 | 98d | 1 | 0.26mi |
| 2503 First St New Orleans, LA | 2.0 | 1.0 | 741 | $1,200 | $1.62 | 98d | 1 | 0.26mi |
| 2510 First St New Orleans, LA | 2.0 | 2.0 | 1000 | $1,625 | $1.62 | 7d | 1 | 0.26mi |
Property features AI
Finance
- Financial info
- Two-unit property
Exterior
- Utilities
- Public waterPublic sewer
- Home design
- Single-story property
- Construction
- Shingle roof
- Exterior features
- Corner lotCity lotRectangular lotLot dimensions approximately 30' x 99'
Interior
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Average conditionRaised foundation
- Laundry & utility
- Laundry inside
Listing history 50 events
-
2026-08-11days on market $175,000 Active 81 DOM
-
2026-08-10days on market $175,000 Active 80 DOM
-
2026-08-09days on market $175,000 Active 79 DOM
-
2026-08-08days on market $175,000 Active 78 DOM
-
2026-08-07days on market $175,000 Active 77 DOM
-
2026-08-06days on market $175,000 Active 76 DOM
-
2026-08-05days on market $175,000 Active 75 DOM
-
2026-08-04days on market $175,000 Active 74 DOM
-
2026-08-03days on market $175,000 Active 73 DOM
-
2026-07-31days on market $175,000 Active 70 DOM
-
2026-07-30days on market $175,000 Active 69 DOM
-
2026-07-30days on market $175,000 Active 68 DOM
-
2026-07-28days on market $175,000 Active 67 DOM
-
2026-07-24days on market $175,000 Active 63 DOM
-
2026-07-23days on market $175,000 Active 62 DOM
-
2026-07-22days on market $175,000 Active 61 DOM
-
2026-07-21days on market $175,000 Active 60 DOM
-
2026-07-20days on market $175,000 Active 59 DOM
-
2026-07-18days on market $175,000 Active 57 DOM
-
2026-07-18days on market $175,000 Active 56 DOM
-
2026-07-16days on market $175,000 Active 55 DOM
-
2026-07-15days on market $175,000 Active 54 DOM
-
2026-07-14days on market $175,000 Active 53 DOM
-
2026-07-13days on market $175,000 Active 52 DOM
-
2026-07-13days on market $175,000 Active 51 DOM
-
2026-07-11days on market $175,000 Active 50 DOM
-
2026-07-10days on market $175,000 Active 49 DOM
-
2026-07-09days on market $175,000 Active 48 DOM
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2026-07-07days on market $175,000 Active 46 DOM
-
2026-07-06days on market $175,000 Active 45 DOM
-
2026-07-05days on market $175,000 Active 44 DOM
-
2026-07-03days on market $175,000 Active 42 DOM
-
2026-07-02days on market $175,000 Active 41 DOM
-
2026-07-01days on market $175,000 Active 40 DOM
-
2026-06-30days on market $175,000 Active 39 DOM
-
2026-06-29days on market $175,000 Active 38 DOM
-
2026-06-28days on market $175,000 Active 37 DOM
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2026-06-27days on market $175,000 Active 36 DOM
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2026-06-27days on market $175,000 Active 35 DOM
-
2026-06-25days on market $175,000 Active 33 DOM
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2026-06-22days on market $175,000 Active 31 DOM
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2026-06-21days on market $175,000 Active 30 DOM
-
2026-06-18days on market $175,000 Active 27 DOM
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2026-06-17days on market $175,000 Active 26 DOM
-
2026-06-16days on market $175,000 Active 25 DOM
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2026-06-15days on market $175,000 Active 24 DOM
-
2026-06-13days on market $175,000 Active 22 DOM
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2026-06-10days on market $175,000 Active 19 DOM
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2026-06-09days on market $175,000 Active 18 DOM
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2026-06-08days on market $175,000 Active 17 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast LA · Resets to sale price
- Current annual tax
- $2,226 · $186/mo
- Projected year-2 tax
- $2,226 · $186/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 6/10 Major 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 3/10 Moderate 3 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
- $28,800
- − Mortgage interest
- −$9,803
- − Property taxes
- −$2,226
- − Insurance
- −$875
- − Repairs & maintenance
- −$2,304
- − Management
- −$2,304
- − Depreciation
- −$5,091
- Taxable income
- $6,197
- Est. tax owed @ 24.0%
- −$1,487
- After-tax cash flow
- $7,151/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 · 9 photos
This multi-family property is in good condition with a good exterior and interior. It has a good roof and flooring, and the HVAC system appears to be in good condition. The property has a good rental income and is located in a convenient location. Painting the exterior siding and upgrading the kitchen and bathroom will increase its value.
Deferred maintenance Est. $50,000–$150,000 screening
- Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — Roof appears old and damaged
- Major Windows (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — Windows appear old and damaged
- Major Electrical (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — Electrical panel appears old and damaged
- Major Plumbing (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — Plumbing appears old and damaged
- Major Exterior (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — Exterior siding appears old and damaged
Value-add opportunities
- Both Paint the exterior siding — Painting the exterior siding will improve the curb appeal and increase the property's resale and rental value. ↑
- Both Upgrade the kitchen appliances — Upgrading the kitchen appliances will make the space more appealing and increase the property's resale and rental value. ↑
- Both Install a new bathroom vanity — Installing a new bathroom vanity will improve the bathroom's appearance and increase the property's resale and rental value. ↑
ⓘ 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.
Zoned Schools
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 · 513,025 people
- City population
- 338,817
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 9,387
- Household income
- $39,333
- Rent vs 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 0.57)
- Race & ethnicity
- Black 61% White 20% Hispanic / Latino 13% Two or more races 11% Asian 2%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Lithuanian 2% Portuguese 1% Slovak 1%
- Foreign-born
- 13% · Canada, Vietnam, China
- Languages at home
- 86% English-only · Spanish 11% Other Indo-European 1% Vietnamese 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
- ▲ 65.92%
- Current HPI
- 229.3968
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.29%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in LA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Telecommunications | 2 | $23B |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+2816.7% since first listed12 events — show timeline
- 2026-05-21 Listed $175,000 GSREIN
- 2026-05-21 Listed $175,000 AcadianaMLS
- 2026-05-14 Rental Removed $1,595 GSREIN
- 2026-03-01 Listed for Rent $1,595 GSREIN
- 2026-02-28 Rental Removed $1,595 RAAMLS
- 2026-02-28 Listed for Rent $1,595 RAAMLS
- 2013-08-28 Listed $75,000 GSREIN
- 2013-08-28 Listed $75,000 AcadianaMLS
- 2010-05-12 Listed $119,000 AcadianaMLS
- 1994-10-31 Sold (MLS) $6,000 GSREIN
- 1994-05-09 Listed $6,000 AcadianaMLS
- 1994-05-09 Listed $6,000 GSREIN
Property tax history
+6.0%/yrLatest (2026): $2,226 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…