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1917 Governor Nicholls St
C Composite 55.88
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 +19.6/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.2/10.0
  • 1% rule +4.3/10.0
  • 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

$165,000

1917 Governor Nicholls St · New Orleans, LA 70116
2 bd · 1.0 ba · 780 sqft · SingleFamily public records · 83 Days on market
Built 1920 1,411 sqft lot $212/sqft · 9% below area Est $215k · 23% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC--even better, the property is in Flood Zone X! *virtually staged photos

Key facts

  • Spacious island
  • Quartz countertops
  • All-new appliances

Tags

HISTORIC TREMEQUARTZ COUNTERTOPSALL-NEW APPLIANCESMODERN KITCHENSPACIOUS ISLANDLUXURIOUS PRIMARY BATHROOM

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $165k.

Deal economics

  • At list price, monthly cash flow is $125 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $154k (6.6% below list).
  • Recommended offer: $154k (6.6% below list) — sets the bar for 1% rule.
  • Cap rate 7.7% 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; 350 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 35% of the median local income ($52k/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 $1k of loan paydown is wiped out by about $5k 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 83 days — a 6% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 2y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $88k; list at $165k implies a 89% 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.
Recommended offer $154,133 (6.6% below list)

Questions for the listing agent

  1. It's been on market 83 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
  2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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.
  7. 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.
  8. 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
0.93%
Cap rate
7.69%
Cash-on-cash
4.98%
DSCR
1.22
GRM
8.9

CMA / ARV

ARV (median comp)
$215,130
List price
$165,000
Delta
-23.30%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2326 Saint Philip St 0.32mi 2/1.0 780 (0%) 4mo $67,500 $87 82
1215 N Villere St 0.29mi 2/1.0 728 (-7%) 1mo $225,000 $309 75
1672 Rousselin Dr 0.72mi 1/1.0 (-1) 810 (+4%) 13mo $260,000 $321 45
934 N Rocheblave St 0.39mi 1/2.0 (-1) 845 (+8%) 22mo $197,000 $233 41
1136 St Bernard Ave 0.57mi 2/2.0 856 (+10%) 18mo $117,000 $137 38
212 N Tonti St 0.74mi 2/2.0 732 (-6%) 16mo $73,000 $100 38
1316 Burgundy St 0.64mi 1/1.0 (-1) 720 (-8%) 22mo $630,000 $875 34

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 · 0.18% rent growth · sell at horizon

5-year hold
IRR
-14.3%
Equity multiple
0.50×
Total profit
$-23,017
Equity at exit
$24,602
10-year hold
IRR
-10.7%
Equity multiple
0.43×
Total profit
$-26,290
Equity at exit
$14,266

Cash invested: $46,200 (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.

ZIP-level market 70116

Home prices YoY
-34.5%
Rents YoY
0.2%
Active inventory
350
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$1,541 high interval (Pro) →
Mortgage (P&I)
$865
Tax from tax record
$92 /mo · $1,103/yr
Insurance
$69
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$324
Net cashflow
$125

Break-even live

Break-even rent $1,383
Max offer price $165,000
Occupancy floor 87%

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
$41,250
Closing costs
$4,950
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1128 N Roman St New Orleans, LA 1.0 1.0 600 $1,400 $2.33 3d 1 0.07mi
1128 N Roman St New Orleans, LA 2.0 2.0 600 $1,400 $2.33 24d 1 0.07mi
1818 Esplanade Ave Unit 1B New Orleans, LA 2.0 1.0 700 $2,200 $3.14 24d 1 0.07mi
2110 Bayou Rd Unit 5 New Orleans, LA 1.0 1.0 600 $1,250 $2.08 24d 1 0.12mi
1717 Gov Nicholls St New Orleans, LA 2.0 2.0 935 $1,695 $1.81 10d 1 0.15mi
1035 N Derbigny St New Orleans, LA 3.0 1.0 1075 $1,399 $1.30 24d 1 0.15mi
1424 N Johnson St New Orleans, LA 2.0 1.0 1100 $1,400 $1.27 24d 1 0.16mi
1820 Kerlerec St New Orleans, LA 2.0 1.0 950 $1,600 $1.68 17d 1 0.16mi
1121 N Galvez St New Orleans, LA 2.0 1.0 1040 $1,400 $1.35 24d 1 0.17mi
1435 N Derbigny St New Orleans, LA 2.0 2.0 1040 $1,600 $1.54 24d 1 0.19mi
2032 Saint Philip St New Orleans, LA 2.0 2.0 800 $1,600 $2.00 24d 1 0.19mi
2015 Kerlerec St Unit 2015 New Orleans, LA 2.0 1.0 819 $2,050 $2.50 24d 1 0.22mi
1615 Governor Nicholls St Apt 103 New Orleans, LA 1.0 1.0 600 $1,050 $1.75 21d 1 0.23mi
909 N Derbigny St New Orleans, LA 2.0 2.0 950 $1,850 $1.95 24d 1 0.24mi
1527 N Roman St Unit C New Orleans, LA 1.0 1.0 895 $800 $0.89 24d 1 0.28mi
1527 N Roman St Unit B New Orleans, LA 1.0 1.0 895 $900 $1.01 24d 1 0.28mi
2017 Saint Ann St New Orleans, LA 2.0 1.0 960 $1,095 $1.14 17d 1 0.30mi
2332 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 925 $1,425 $1.54 2d 1 0.30mi
2332 Ursulines Ave Unit B New Orleans, LA 2.0 1.0 700 $1,400 $2.00 24d 1 0.30mi
1831 Saint Ann St Unit A New Orleans, LA 3.0 2.0 900 $2,000 $2.22 3d 1 0.31mi
1831 Saint Ann St Unit A New Orleans, LA 3.0 2.0 900 $1,650 $1.83 24d 1 0.31mi
1523 Saint Philip St Unit A New Orleans, LA 2.0 1.0 648 $1,250 $1.93 24d 1 0.32mi
2230 Dumaine St New Orleans, LA 2.0 2.0 983 $2,000 $2.03 24d 1 0.32mi
1423 N Villere St Unit B New Orleans, LA 1.0 1.0 558 $1,500 $2.69 24d 1 0.33mi
1328 Esplanade Ave Unit HM New Orleans, LA 1.0 1.0 595 $1,750 $2.94 24d 1 0.35mi
1552 N Derbigny St New Orleans, LA 3.0 2.0 841 $2,100 $2.50 21d 1 0.35mi
1039 Marais St Unit 4 New Orleans, LA 2.0 1.0 750 $1,300 $1.73 21d 1 0.37mi
2426 Saint Philip St New Orleans, LA 2.0 1.0 849 $1,450 $1.71 24d 1 0.37mi
1607 Saint Ann St Unit 2 New Orleans, LA 1.0 1.0 700 $1,275 $1.82 24d 1 0.38mi
808 N Robertson St Unit B New Orleans, LA 1.0 1.0 650 $1,050 $1.62 24d 1 0.40mi
2506 Saint Philip St New Orleans, LA 2.0 2.0 1020 $1,450 $1.42 20d 1 0.41mi
2506 Saint Philip St New Orleans, LA 2.0 2.0 1020 $1,450 $1.42 2d 1 0.41mi
1129 Treme St New Orleans, LA 1.0 1.0 650 $1,500 $2.31 24d 1 0.43mi
1228 N Dorgenois St New Orleans, LA 2.0 1.0 900 $1,800 $2.00 3d 1 0.43mi
1627 N Johnson St New Orleans, LA 2.0 1.0 841 $1,250 $1.49 24d 1 0.43mi
2502 Dumaine St New Orleans, LA 2.0 1.0 966 $1,195 $1.24 3d 1 0.44mi
2502 Dumaine St New Orleans, LA 2.0 1.0 966 $1,195 $1.24 24d 1 0.44mi
1212 Treme St Unit B New Orleans, LA 1.0 1.0 750 $1,490 $1.99 24d 1 0.44mi
1366 Laharpe St Unit 1364 New Orleans, LA 1.0 1.0 844 $1,150 $1.36 3d 1 0.44mi
1216 Treme St Apt A New Orleans, LA 2.0 1.5 1000 $1,790 $1.79 24d 1 0.44mi

Listing history 43 events

  1. 2026-06-18
    days on market $165,000 Active 83 DOM
  2. 2026-06-17
    days on market $165,000 Active 82 DOM
  3. 2026-06-16
    days on market $165,000 Active 81 DOM
  4. 2026-06-15
    days on market $165,000 Active 80 DOM
  5. 2026-06-13
    days on market $165,000 Active 78 DOM
  6. 2026-06-10
    days on market $165,000 Active 75 DOM
  7. 2026-06-09
    days on market $165,000 Active 74 DOM
  8. 2026-06-08
    days on market $165,000 Active 73 DOM
  9. 2026-06-07
    days on market $165,000 Active 72 DOM
  10. 2026-06-05
    days on market $165,000 Active 69 DOM
  11. 2026-06-03
    days on market $165,000 Active 68 DOM
  12. 2026-06-02
    days on market $165,000 Active 67 DOM
  13. 2026-06-01
    days on market $165,000 Active 66 DOM
  14. 2026-05-31
    days on market $165,000 Active 65 DOM
  15. 2026-04-27
    price $165,000 484-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  16. 2026-04-27
    price $165,000 493-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  17. 2026-04-18
    price $169,000 484-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  18. 2026-04-18
    price $169,000 493-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  19. 2026-04-13
    price $172,500 484-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  20. 2026-04-13
    price $172,500 493-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  21. 2026-04-08
    price $179,000 484-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  22. 2026-04-08
    price $179,000 493-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  23. 2026-04-03
    status Active 484-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  24. 2026-04-03
    status Active 493-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  25. 2026-03-04
    status Pending 484-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  26. 2026-03-04
    status Pending 493-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  27. 2026-02-26
    listed $185,000 Active 484-char remark
    Show marketing remark (484 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC--even better, the property is in Flood Zone X! *virtually staged photos

  28. 2026-01-27
    listed $185,000 Active 493-char remark
    Show marketing remark (493 chars)

    MOTIVATED!! Located in historic Treme! Updated 2BR/2BA home featuring quartz countertops, all-new appliances, and a modern kitchen with a spacious island. A luxurious primary bathroom with a wall-to-ceiling tiled shower and rainfall showerhead. Off street parking available with yard. Renovations and Major system updates provide peace of mind, including a new roof (2022), updated electrical, plumbing, and HVAC—even better, the property is in Flood Zone X! * virtually staged photos

  29. 2024-07-26
    soldstatus $87,500
  30. 2024-07-15
    soldstatus $87,500 Closed
  31. 2024-05-22
    historical Active Under Contract
  32. 2024-04-26
    price $105,000
  33. 2024-04-01
    status Active
  34. 2024-03-20
    status Pending
  35. 2024-03-11
    status Active
  36. 2024-03-07
    historical Active Under Contract
  37. 2024-02-28
    price $115,000
  38. 2024-02-21
    price $124,000
  39. 2024-01-24
    listed $145,000 Active
  40. 2024-01-24
    listed $105,000
  41. 2018-06-14
    soldstatus $51,500
  42. 2010-09-09
    soldstatus $67,338
  43. 1972-07-11
    soldstatus $18,400

ⓘ 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
$1,103 · $92/mo
Projected year-2 tax
$1,103 · $92/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 · 60% 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
$18,496
− Mortgage interest
−$9,243
− Property taxes
−$1,103
− Insurance
−$1,622
− Repairs & maintenance
−$1,480
− Management
−$1,480
− Depreciation
−$4,800
Taxable loss
−$1,231
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$295
After-tax cash flow
$1,799/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

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)
10,404
Household income
$52,306
Rent vs Own
52.5% rent · 47.5% own
Severe rent burden
1001.0

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
White 45% Black 40% Hispanic / Latino 10% Two or more races 8%
Hispanic origin (detail)
Mexican 1% Cuban 3%
Common ancestry
Lithuanian 6% Slovak 3% Romanian 3%
Foreign-born
5% · Canada
Languages at home
90% English-only · Spanish 6% French/Haitian/Cajun 2%

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
▼ -144.83%
Current HPI
275.5453
Rent YoY
▲ 0.18%
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

Price history

+796.7% since first listed
29 events — show timeline
  • 2026-04-27 Price Changed $165,000 AcadianaMLS
  • 2026-04-27 Price Changed $165,000 GSREIN
  • 2026-04-18 Price Changed $169,000 AcadianaMLS
  • 2026-04-18 Price Changed $169,000 GSREIN
  • 2026-04-13 Price Changed $172,500 AcadianaMLS
  • 2026-04-13 Price Changed $172,500 GSREIN
  • 2026-04-08 Price Changed $179,000 AcadianaMLS
  • 2026-04-08 Price Changed $179,000 GSREIN
  • 2026-04-03 Relisted AcadianaMLS
  • 2026-04-03 Relisted GSREIN
  • 2026-03-04 Pending AcadianaMLS
  • 2026-03-04 Pending GSREIN
  • 2026-02-26 Listed $185,000 AcadianaMLS
  • 2026-01-27 Listed $185,000 GSREIN
  • 2024-07-26 Sold (Public Records) $87,500 Public Records
  • 2024-07-15 Sold (MLS) $87,500 GSREIN
  • 2024-05-22 Contingent GSREIN
  • 2024-04-26 Price Changed $105,000 GSREIN
  • 2024-04-01 Relisted GSREIN
  • 2024-03-20 Pending GSREIN
  • 2024-03-11 Relisted GSREIN
  • 2024-03-07 Contingent GSREIN
  • 2024-02-28 Price Changed $115,000 GSREIN
  • 2024-02-21 Price Changed $124,000 GSREIN
  • 2024-01-24 Listed $105,000 AcadianaMLS
  • 2024-01-24 Listed $145,000 GSREIN
  • 2018-06-14 Sold (Public Records) $51,500 Public Records
  • 2010-09-09 Sold (Public Records) $67,338 Public Records
  • 1972-07-11 Sold (Public Records) $18,400 Public Records

Property tax history

+17.4%/yr

Latest (2026): $1,103 · +29.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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