Multi-family
1719-21 N Broad St · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.76%
- 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 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 +29.5/30.0
- DSCR +10.0/10.0
- 1% rule +8.0/10.0
- ARV discount +4.8/15.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$205,000
🖨 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
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you're looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
Key facts
- Immediate cash flow
- Separate studio
- Income stability
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath multifamily listed at $205k.
Deal economics
- At list price, monthly cash flow is $668 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $205k).
- Recommended offer: $180k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.6% 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.
- Zoned schools: Benjamin Franklin Elem. Math And Science (math 12% / reading 23%, grade F, #479 of 646 statewide, top 75%, 747 students, 98% FRL, charter) — zoned schools average 98% FRL vs 68% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents soft (-0.2%/yr); 381 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- At $2,657/mo this rent would consume 60% 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 153 days — a 12% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 3y ago; this cycle's ask has dropped $35k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $65k; list at $205k implies a 215% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe 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 153 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1920 — 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
- 1.30% ✓
- Cap rate
- 10.59%
- Cash-on-cash
- 15.35%
- DSCR
- 1.68
- GRM
- 6.4
CMA / ARV
- ARV (median comp)
- $193,315
- List price
- $205,000
- Delta
- 6.04%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2326-28 Lapeyrouse St | 0.30mi | 2/2.0 | 1,070 (+7%) | 20mo | $100,000 | $93 | 58 |
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
- 0.7%
- Equity multiple
- 1.03×
- Total profit
- $1,582
- Equity at exit
- $30,566
- IRR
- 7.0%
- Equity multiple
- 1.46×
- Total profit
- $26,259
- Equity at exit
- $17,725
Cash invested: $57,400 (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 70119
- Home prices YoY
- -34.8%
- Rents YoY
- -0.2%
- Active inventory
- 381
- Price-to-rent
- 12.9×
Monthly cashflow live
- Estimated rent
- $2,657 high interval (Pro) →
- Mortgage (P&I)
- −$1,075
- Tax from tax record
- −$204 /mo · $2,451/yr
- Insurance
- −$85
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$558
- Net cashflow
- $668
Break-even live
Sensitivity live
| Price | -10% $784 | -5% $726 | +0% $668 | +5% $610 | +10% $552 |
|---|---|---|---|---|---|
| Rent | -10% $458 | -5% $563 | +0% $668 | +5% $773 | +10% $878 |
| Rate | -1.0pp $771 | -0.5pp $720 | base $668 | +0.5pp $615 | +1.0pp $561 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 1 | 1 | $2,658 |
| #1 | 1 | 1 | $1,329 |
| #2 | 1 | 1 | $1,329 |
| Total (2 units) | $2,657 | ||
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
- $51,250
- Closing costs
- $6,150
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2525 D'Abadie St New Orleans, LA | 2.0 | 1.0 | 960 | $1,400 | $1.46 | 22d | 1 | 0.07mi |
| 2525 D'Abadie St Unit 2525 New Orleans, LA | 2.0 | 1.0 | 1000 | $1,500 | $1.50 | 22d | 1 | 0.07mi |
| 1660 Paul Morphy St New Orleans, LA | 2.0 | 1.0 | 863 | $1,500 | $1.74 | 25d | 1 | 0.08mi |
| 2632 Oreilly St New Orleans, LA | 3.0 | 1.5 | 950 | $1,450 | $1.53 | 25d | 1 | 0.13mi |
| 1818 Paul Morphy St Unit B New Orleans, LA | 3.0 | 2.0 | 1065 | $1,800 | $1.69 | 25d | 1 | 0.18mi |
| 2826 Aubry St New Orleans, LA | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 12d | 1 | 0.19mi |
| 2902 Aubry St New Orleans, LA | 2.0 | 1.0 | 890 | $1,350 | $1.52 | 25d | 1 | 0.22mi |
| 2624 Laharpe St New Orleans, LA | 2.0 | 1.0 | 950 | $1,500 | $1.58 | 25d | 1 | 0.23mi |
| 1634 N Rocheblave St New Orleans, LA | 2.0 | 1.0 | 900 | $1,400 | $1.56 | 25d | 1 | 0.23mi |
| 1525 N Broad St New Orleans, LA | 3.0 | 1.0 | 1100 | $1,600 | $1.45 | 25d | 1 | 0.24mi |
| 1735 N Tonti St New Orleans, LA | 3.0 | 1.0 | 1197 | $1,650 | $1.38 | 25d | 1 | 0.26mi |
| 2839 Maurepas St New Orleans, LA | 2.0 | 1.0 | 808 | $1,400 | $1.73 | 25d | 1 | 0.27mi |
| 2836 Ponce De Leon St New Orleans, LA | 1.0 | 1.0 | 900 | $1,000 | $1.11 | 25d | 1 | 0.31mi |
| 2329 Laharpe St New Orleans, LA | 3.0 | 1.0 | 1250 | $1,000 | $0.80 | 22d | 1 | 0.31mi |
| 1823 Rosiere St New Orleans, LA | 2.0 | 1.0 | 1400 | $1,450 | $1.04 | 25d | 1 | 0.32mi |
| 1821 Rosiere St New Orleans, LA | 2.0 | 1.0 | 1400 | $1,300 | $0.93 | 25d | 1 | 0.33mi |
| 1466 N White St New Orleans, LA | 3.0 | 1.5 | 1500 | $2,250 | $1.50 | 5d | 1 | 0.36mi |
| 3015 Castiglione St New Orleans, LA | 2.0 | 1.0 | 1075 | $1,500 | $1.40 | 25d | 1 | 0.37mi |
| 2310 George Nick Connor Dr New Orleans, LA | 3.0 | 2.0 | 1050 | $1,600 | $1.52 | 25d | 1 | 0.37mi |
| 2741 Bruxelles St New Orleans, LA | 2.0 | 1.0 | 732 | $1,500 | $2.05 | 5d | 1 | 0.38mi |
| 2741 Bruxelles St New Orleans, LA | 2.0 | 1.0 | 732 | $1,500 | $2.05 | 5d | 1 | 0.38mi |
| 2817 Paris Ave New Orleans, LA | 3.0 | 1.0 | 1018 | $1,700 | $1.67 | 22d | 1 | 0.39mi |
| 2931 Maurepas St Unit 2931 New Orleans, LA | 2.0 | 2.5 | 800 | $1,650 | $2.06 | 5d | 1 | 0.39mi |
| 2951 Maurepas St New Orleans, LA | 1.0 | 1.0 | 800 | $1,550 | $1.94 | 13d | 1 | 0.41mi |
| 1737 Duels St New Orleans, LA | 2.0 | 1.0 | 768 | $1,450 | $1.89 | 25d | 1 | 0.41mi |
| 1739 Duels St New Orleans, LA | 2.0 | 1.0 | 768 | $1,450 | $1.89 | 25d | 1 | 0.41mi |
| 1776 N Miro St New Orleans, LA | 2.0 | 1.0 | 700 | $1,100 | $1.57 | 25d | 1 | 0.42mi |
| 2305 A P Tureaud Ave Unit 2307 A P Tureaud New Orleans, LA | 3.0 | 2.0 | 700 | $2,112 | $3.02 | 25d | 1 | 0.43mi |
| 2913 St Bernard Ave Unit A New Orleans, LA | 2.0 | 1.0 | 1000 | $1,700 | $1.70 | 25d | 1 | 0.43mi |
| 2130 N Broad St Unit 1A New Orleans, LA | 2.0 | 1.0 | 925 | $1,500 | $1.62 | 25d | 1 | 0.43mi |
| 2910 Bruxelles St New Orleans, LA | 3.0 | 2.0 | 1074 | $1,600 | $1.49 | 5d | 1 | 0.46mi |
| 2109 A P Tureaud Ave New Orleans, LA | 2.0 | 1.0 | 936 | $1,450 | $1.55 | 16d | 1 | 0.47mi |
| 1627 N Johnson St New Orleans, LA | 2.0 | 1.0 | 841 | $1,250 | $1.49 | 25d | 1 | 0.47mi |
| 1433 N Miro St New Orleans, LA | 1.0 | 2.0 | 1227 | $2,000 | $1.63 | 12d | 1 | 0.50mi |
| 2175 N Broad St New Orleans, LA | 2.0 | 1.0 | 1500 | $1,500 | $1.00 | 18d | 1 | 0.51mi |
| 1232 N Dorgenois St New Orleans, LA | 2.0 | 2.0 | 1323 | $1,800 | $1.36 | 25d | 1 | 0.51mi |
| 3040 Grand Rte Saint John St New Orleans, LA | 2.0 | 1.0 | 800 | $2,000 | $2.50 | 25d | 1 | 0.52mi |
| 1228 N Dorgenois St New Orleans, LA | 2.0 | 1.0 | 900 | $1,800 | $2.00 | 5d | 1 | 0.52mi |
| 1506 Treasure St Unit 1506 New Orleans, LA | 2.0 | 1.0 | 1000 | $1,500 | $1.50 | 25d | 1 | 0.54mi |
| 3023 Bruxelles St New Orleans, LA | 3.0 | 1.0 | 960 | $2,200 | $2.29 | 16d | 1 | 0.55mi |
Listing history 35 events
-
2026-06-21days on market $205,000 Active 153 DOM
-
2026-06-18days on market $205,000 Active 150 DOM
-
2026-06-17days on market $205,000 Active 149 DOM
-
2026-06-16days on market $205,000 Active 148 DOM
-
2026-06-15days on market $205,000 Active 147 DOM
-
2026-06-13days on market $205,000 Active 145 DOM
-
2026-06-10days on market $205,000 Active 142 DOM
-
2026-06-09days on market $205,000 Active 141 DOM
-
2026-06-08days on market $205,000 Active 140 DOM
-
2026-06-07days on market $205,000 Active 139 DOM
-
2026-06-05days on market $205,000 Active 136 DOM
-
2026-06-03days on market $205,000 Active 135 DOM
-
2026-06-02days on market $205,000 Active 134 DOM
-
2026-06-01days on market $205,000 Active 133 DOM
-
2026-05-31days on market $205,000 Active 132 DOM
-
2026-05-12price $205,000 885-char remark
Show marketing remark (885 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you're looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-04-16price $210,000 885-char remark
Show marketing remark (885 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you're looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-03-25price $220,000 885-char remark
Show marketing remark (885 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you're looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-03-10price $230,000 885-char remark
Show marketing remark (885 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you're looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-01-19$240,000 Active 885-char remark
Show marketing remark (885 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you're looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2024-12-26historical $1,800
-
2024-11-25$1,800
-
2024-11-19$260,000 Active
-
2024-10-11$260,000 Active
-
2024-01-25soldstatus $65,000 Closed
-
2024-01-19status Pending
-
2023-12-27historical Active Under Contract
-
2023-10-16$95,000
-
2023-10-16$95,000 Active
-
2023-07-26price $99,000
-
2023-07-05price $119,000
-
2023-05-10price $120,000
-
2023-04-19price $150,000
-
2023-03-03$99,000
-
1984-05-07soldstatus $30,000
ⓘ 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
- $2,451 · $204/mo
- Projected year-2 tax
- $2,451 · $204/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 8/10 Severe FEMA zone X (shaded) · 76% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
- Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $31,884
- − Mortgage interest
- −$11,483
- − Property taxes
- −$2,451
- − Insurance
- −$1,822
- − Repairs & maintenance
- −$2,551
- − Management
- −$2,551
- − Depreciation
- −$5,964
- Taxable income
- $5,063
- Est. tax owed @ 24.0%
- −$1,215
- After-tax cash flow
- $6,800/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)
- 37,253
- Household income
- $53,143
- Rent vs 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
+583.3% since first listed20 events — show timeline
- 2026-05-12 Price Changed $205,000 AcadianaMLS
- 2026-04-16 Price Changed $210,000 AcadianaMLS
- 2026-03-25 Price Changed $220,000 AcadianaMLS
- 2026-03-10 Price Changed $230,000 AcadianaMLS
- 2026-01-19 Listed $240,000 AcadianaMLS
- 2024-12-26 Rental Removed $1,800 TURBOTENANT
- 2024-11-25 Listed for Rent $1,800 TURBOTENANT
- 2024-11-19 Listed $260,000 AcadianaMLS
- 2024-10-11 Listed $260,000 AcadianaMLS
- 2024-01-25 Sold (MLS) $65,000 GSREIN
- 2024-01-19 Pending — GSREIN
- 2023-12-27 Contingent — GSREIN
- 2023-10-16 Listed $95,000 GSREIN
- 2023-10-16 Listed $95,000 AcadianaMLS
- 2023-07-26 Price Changed $99,000 GSREIN
- 2023-07-05 Price Changed $119,000 GSREIN
- 2023-05-10 Price Changed $120,000 GSREIN
- 2023-04-19 Price Changed $150,000 GSREIN
- 2023-03-03 Listed $99,000 AcadianaMLS
- 1984-05-07 Sold (Public Records) $30,000 Public Records
Property tax history
+4.7%/yrLatest (2026): $2,451 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…