3334 Washington Ave · New Orleans, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +4.0/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$99,999
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
Key facts
- Corner property
- Zoned hu-rd2
- Built 1923
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a other listed at $100k.
Deal economics
- At list price, monthly cash flow is $693 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
- Cap rate 14.6% 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 flat; 217 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).
- This rent runs 32% of the median local income ($61k/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 $691 of loan paydown is wiped out by about $3k 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.
- At projected returns (-3.0% appreciation + 0.7% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 228 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 12 sale attempts since 14y ago; this cycle's ask has dropped $49k (33%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $20k; list at $100k implies a 400% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 228 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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 for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.62% ✓
- Cap rate
- 14.61%
- Cash-on-cash
- 29.71%
- DSCR
- 2.32
- GRM
- 5.1
CMA / ARV
- ARV (median comp)
- $354,601
- List price
- $99,999
- Delta
- -71.80%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.73% rent growth · sell at horizon
- IRR
- 21.8%
- Equity multiple
- 1.87×
- Total profit
- $24,293
- Equity at exit
- $14,910
- IRR
- 28.4%
- Equity multiple
- 3.27×
- Total profit
- $63,664
- Equity at exit
- $8,646
Cash invested: $28,000 (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
ZIP-level market 70125
- Home prices YoY
- -16.3%
- Rents YoY
- 0.7%
- Active inventory
- 217
- Price-to-rent
- 5.1×
Monthly cashflow live
- Estimated rent
- $1,620 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$20 /mo · $244/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$340
- Net cashflow
- $693
Break-even live
Sensitivity live
| Price | -10% $750 | -5% $722 | +0% $693 | +5% $665 | +10% $637 |
|---|---|---|---|---|---|
| Rent | -10% $565 | -5% $629 | +0% $693 | +5% $757 | +10% $821 |
| Rate | -1.0pp $744 | -0.5pp $719 | base $693 | +0.5pp $667 | +1.0pp $641 |
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
- $25,000
- Closing costs
- $3,000
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2620 S Galvez St Apt 2B New Orleans, LA | 3.0 | 1.0 | 1000 | $1,100 | $1.10 | 18d | 1 | 0.08mi |
| 2617 S Johnson St New Orleans, LA | 2.0 | 1.0 | 1500 | $1,300 | $0.87 | 24d | 1 | 0.08mi |
| 2615 S Johnson St New Orleans, LA | 2.0 | 1.0 | 1200 | $1,400 | $1.17 | 24d | 1 | 0.08mi |
| 2615 S Johnson St New Orleans, LA | 2.0 | 1.0 | 1200 | $1,350 | $1.12 | 18d | 1 | 0.08mi |
| 2614 S Johnson St New Orleans, LA | 3.0 | 2.0 | 1536 | $2,079 | $1.35 | 15d | 1 | 0.09mi |
| 3230 Toledano St New Orleans, LA | 3.0 | 2.0 | 950 | $1,750 | $1.84 | 24d | 1 | 0.10mi |
| 3517 4th St New Orleans, LA | 2.0 | 1.0 | 691 | $1,200 | $1.74 | 24d | 1 | 0.11mi |
| 3322 Third St New Orleans, LA | 3.0 | 2.0 | 950 | $1,450 | $1.53 | 24d | 1 | 0.11mi |
| 2606 S Miro St New Orleans, LA | 3.0 | 2.0 | 1450 | $2,016 | $1.39 | 24d | 1 | 0.13mi |
| 3617 Fourth St Unit A New Orleans, LA | 3.0 | 2.0 | 1225 | $1,995 | $1.63 | 18d | 1 | 0.15mi |
| 2833 S Derbigny St New Orleans, LA | 3.0 | 2.0 | 1500 | $1,795 | $1.20 | 24d | 1 | 0.20mi |
| 3204 2nd St New Orleans, LA | 3.0 | 2.0 | 850 | $1,295 | $1.52 | 24d | 1 | 0.20mi |
| 3212 Louisiana Avenue Pkwy Unit A New Orleans, LA | 2.0 | 1.0 | 1209 | $1,795 | $1.48 | 3d | 1 | 0.21mi |
| 3713 Louisiana Avenue Pkwy New Orleans, LA | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 4d | 1 | 0.21mi |
| 3208 Louisiana Avenue Pkwy New Orleans, LA | 3.0 | 2.0 | 1391 | $1,900 | $1.37 | 18d | 1 | 0.21mi |
| 3514 S Miro St New Orleans, LA | 3.0 | 2.0 | 1230 | $1,950 | $1.59 | 18d | 1 | 0.22mi |
| 3511 S Miro St New Orleans, LA | 3.0 | 1.0 | 802 | $1,000 | $1.25 | 24d | 1 | 0.23mi |
| 2628 S Derbigny St New Orleans, LA | 3.0 | 1.0 | 900 | $1,500 | $1.67 | 4d | 1 | 0.23mi |
| 3120 Second St New Orleans, LA | 3.0 | 3.0 | 1256 | $2,050 | $1.63 | 24d | 1 | 0.23mi |
| 3122 2nd St New Orleans, LA | 3.0 | 3.0 | 1206 | $2,075 | $1.72 | 24d | 1 | 0.23mi |
| 3108 Second St New Orleans, LA | 3.0 | 3.0 | 1216 | $2,100 | $1.73 | 4d | 1 | 0.24mi |
| 3335 General Taylor St New Orleans, LA | 2.0 | 1.0 | 1053 | $1,150 | $1.09 | 12d | 1 | 0.25mi |
| 3335 General Taylor St New Orleans, LA | 2.0 | 1.0 | 1053 | $1,150 | $1.09 | 24d | 1 | 0.25mi |
| 3712 Toledano St New Orleans, LA | 2.0 | 2.0 | 750 | $1,400 | $1.87 | 15d | 1 | 0.25mi |
| 3632 First St Unit A New Orleans, LA | 3.0 | 2.0 | 950 | $1,850 | $1.95 | 12d | 1 | 0.26mi |
| 3632 First St Unit B New Orleans, LA | 3.0 | 2.0 | 950 | $1,750 | $1.84 | 12d | 1 | 0.26mi |
| 2516 S Derbigny St New Orleans, LA | 1.0 | 1.0 | — | $1,500 | — | 12d | 1 | 0.26mi |
| 4101 S Galvez St New Orleans, LA | 2.0 | 1.0 | 975 | $975 | $1.00 | 18d | 1 | 0.26mi |
| 2341 S Roman St Unit U New Orleans, LA | 3.0 | 2.0 | 1000 | $1,850 | $1.85 | 24d | 1 | 0.27mi |
| 3044 Louisiana Avenue Pkwy New Orleans, LA | 3.0 | 2.0 | 1800 | $1,900 | $1.06 | 24d | 1 | 0.28mi |
| 4201 S Galvez St New Orleans, LA | 2.0 | 1.0 | 1100 | $1,650 | $1.50 | 24d | 1 | 0.29mi |
| 3218 Jackson Ave New Orleans, LA | 3.0 | 2.0 | 1267 | $1,750 | $1.38 | 24d | 1 | 0.29mi |
| 3013 Louisiana Avenue Pkwy Unit 2 New Orleans, LA | 1.0 | 1.0 | 550 | $1,200 | $2.18 | 24d | 1 | 0.30mi |
| 3035 Delachaise St New Orleans, LA | 3.0 | 1.0 | 1968 | $1,750 | $0.89 | 2d | 1 | 0.31mi |
| 4027 S Derbigny St New Orleans, LA | 3.0 | 2.0 | 2950 | $1,950 | $0.66 | 24d | 1 | 0.32mi |
| 3900 Delachaise St New Orleans, LA | 2.0 | 1.0 | 860 | $1,500 | $1.74 | 24d | 1 | 0.33mi |
| 3829 General Taylor St New Orleans, LA | 3.0 | 1.0 | 1000 | $1,300 | $1.30 | 24d | 1 | 0.33mi |
| 3106 General Taylor St New Orleans, LA | 2.0 | 1.0 | 750 | $1,400 | $1.87 | 22d | 1 | 0.36mi |
| 4237 S Prieur St New Orleans, LA | 2.0 | 1.0 | 1200 | $1,575 | $1.31 | 18d | 1 | 0.37mi |
| 4305 S Johnson St Unit 4305 New Orleans, LA | 3.0 | 1.0 | 1175 | $1,595 | $1.36 | 12d | 1 | 0.37mi |
Listing history 48 events
-
2026-06-18days on market $99,999 Active 228 DOM
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2026-06-17days on market $99,999 Active 227 DOM
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2026-06-16days on market $99,999 Active 226 DOM
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2026-06-15days on market $99,999 Active 225 DOM
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2026-06-13days on market $99,999 Active 223 DOM
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2026-06-10days on market $99,999 Active 220 DOM
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2026-06-09days on market $99,999 Active 219 DOM
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2026-06-08days on market $99,999 Active 218 DOM
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2026-06-07days on market $99,999 Active 217 DOM
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2026-06-05days on market $99,999 Active 214 DOM
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2026-06-03days on market $99,999 Active 213 DOM
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2026-06-02days on market $99,999 Active 212 DOM
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2026-06-01days on market $99,999 Active 211 DOM
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2026-05-31days on market $99,999 Active 210 DOM
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2026-03-31price $99,999 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-03-31price $99,999 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-03-07status Active 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-03-07status Active 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-03-07price $120,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-03-02price $120,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-02-24historical 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-01-12price $124,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-01-12price $124,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-01-12price $124 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
-
2026-01-12price $124 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
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2025-12-03price $129,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
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2025-12-03price $129,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
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2025-11-21price $139,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
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2025-11-21price $139,000 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
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2025-10-22$149,000 Active 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
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2025-10-22$149,000 Active 494-char remark
Show marketing remark (494 chars)
Zoned HU-RD2, this corner property offers a versatile opportunity in a growing corridor surrounded by attractive residential homes. Formerly a neighborhood lounge, the building will require a full renovation, but its previous commercial use may still be an option subject to city approval. Set within the RLD-Pre War future land use area, the site provides flexibility for redevelopment as residential or mixed use. Proof of funds required for showings. Call Graham at 917-573-9060 for details.
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2024-11-05price $129,000
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2024-11-05price $129,000
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2024-08-19price $139,000
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2024-05-30price $159,000
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2024-04-25price $179,000
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2024-02-27$139,000 Active
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2023-08-01price $148,000
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2023-05-12price $199,000
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2023-04-05price $325,000
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2023-03-04$148,000
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2014-09-19$49,000
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2014-09-19$49,000
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2014-09-19$49,000
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2014-09-19$49,000
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2012-01-12$75,000
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2012-01-12$75,000
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1981-01-19soldstatus $20,000
ⓘ 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
- $244 · $20/mo
- Projected year-2 tax
- $550 · $46/mo
- Expected delta
- +$306/yr (+$25/mo · 125.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,438
- − Mortgage interest
- −$5,601
- − Property taxes
- −$244
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,555
- − Management
- −$1,555
- − Depreciation
- −$2,909
- Taxable income
- $7,074
- Est. tax owed @ 24.0%
- −$1,698
- After-tax cash flow
- $6,622/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.
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)
- 17,821
- Household income
- $61,174
- Rent vs Own
- Severe rent burden
- 1270.0
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 0.63)
- Race & ethnicity
- Black 51% White 32% Hispanic / Latino 9% Two or more races 9% Asian 2% Native American 1%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Lithuanian 8% Romanian 1% Slovak 1%
- Foreign-born
- 7% · Canada, China
- Languages at home
- 90% English-only · Spanish 6% French/Haitian/Cajun 1% Chinese 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
- ▼ -49.68%
- Current HPI
- 255.5998
- Rent YoY
- ▲ 0.73%
- 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 |
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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
+400.0% since first listed34 events — show timeline
- 2026-03-31 Price Changed $99,999 AcadianaMLS
- 2026-03-31 Price Changed $99,999 GSREIN
- 2026-03-07 Relisted — AcadianaMLS
- 2026-03-07 Relisted — GSREIN
- 2026-03-07 Price Changed $120,000 GSREIN
- 2026-03-02 Price Changed $120,000 AcadianaMLS
- 2026-02-24 Listing Removed — GSREIN
- 2026-01-12 Price Changed $124,000 AcadianaMLS
- 2026-01-12 Price Changed $124,000 GSREIN
- 2026-01-12 Price Changed $124 AcadianaMLS
- 2026-01-12 Price Changed $124 GSREIN
- 2025-12-03 Price Changed $129,000 AcadianaMLS
- 2025-12-03 Price Changed $129,000 GSREIN
- 2025-11-21 Price Changed $139,000 AcadianaMLS
- 2025-11-21 Price Changed $139,000 GSREIN
- 2025-10-22 Listed $149,000 GSREIN
- 2025-10-22 Listed $149,000 AcadianaMLS
- 2024-11-05 Price Changed $129,000 AcadianaMLS
- 2024-11-05 Price Changed $129,000 GSREIN
- 2024-08-19 Price Changed $139,000 GSREIN
- 2024-05-30 Price Changed $159,000 GSREIN
- 2024-04-25 Price Changed $179,000 GSREIN
- 2024-02-27 Listed $139,000 AcadianaMLS
- 2023-08-01 Price Changed $148,000 GSREIN
- 2023-05-12 Price Changed $199,000 GSREIN
- 2023-04-05 Price Changed $325,000 GSREIN
- 2023-03-04 Listed $148,000 AcadianaMLS
- 2014-09-19 Listed $49,000 GSREIN
- 2014-09-19 Listed $49,000 GSREIN
- 2014-09-19 Listed $49,000 AcadianaMLS
- 2014-09-19 Listed $49,000 AcadianaMLS
- 2012-01-12 Listed $75,000 GSREIN
- 2012-01-12 Listed $75,000 AcadianaMLS
- 1981-01-19 Sold (Public Records) $20,000 Public Records
Property tax history
+4.7%/yrLatest (2018): $244 · +4.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…