2225 Marais St · New Orleans, LA 70117

$189,900

4 bd · 2.0 ba · 1,512 sqft · MultiFamily public records · 39 Days on market

Built 1930 $126/sqft · 34% below area Est $288k · 34% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Calling all investors! Here's your opportunity to own an income-producing double ($2070 per month) in New Orleans with strong upside potential. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupant income strategy, 2225-27 Marais offers flexibility and opportunity. This tenant-occupied classic New Orleans double shotgun in the New Marigny neighborhood features two 2-bedroom, 1-bath units with shared laundry. Updates and improvements have already been completed for the next owner to further enhance value and optimize returns. Location is everything, and this one delivers. Just one block from vibrant St. Claude Avenue, you'll enjoy a highly walkable lifestyle with neighborhood favorites like Roberts Fresh Market, the New Orleans Food Co-op, St. Roch Market, Who Dat Cafe, and Arabella Casa di Pasta & so many more nearby. Some of the city's favorite nightlife and live music destinations--including Siberia, No Dice, The Allways and Emporium Arcade Bar--are just blocks away. Tenant occupied; 24-48 hours' notice for showings. Flood Zone X.

Key facts

• Shared laundry
• Flood zone x
• Built 1930

Tags

• INCOME PRODUCING DOUBLE
• NEW MARIGNY NEIGHBORHOOD
• SHARED LAUNDRY
• UPDATES AND IMPROVEMENTS
• HIGHLY WALKABLE LIFESTYLE
• FLOOD ZONE X

Property features AI

Finance

• Financial info: Two total units; Unit 2227 currently rents for $900; Unit 2225 currently rents for $1,075; Tenants pay electricity and gas; owner pays water

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-story building
• Construction: Asbestos siding; Wood siding; Shingle roof
• Exterior features: Fence; City lot; Rectangular lot; Lot dimensions approximately 33 x 71

Interior

• Bedrooms: Unit 2227: 2 bedrooms; Unit 2225: 2 bedrooms
• Bathrooms: Two full bathrooms total (each unit has 1 full bathroom)
• Heating & cooling: Gas heating; Window unit heating; Window unit cooling
• Interior features: Average condition; Raised foundation

🏷️ Possibly a rental listed for sale. The $189,900 price doesn't fit this home's estimated sale value (~$287,740) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath multifamily listed at $190k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $190k).
• Recommended offer: $184k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.8% 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 rising (+2.5%/yr); 581 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
• At $2,987/mo this rent would consume 78% of the median local household income ($46k/yr) (locally 1988% 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.
• At projected returns (-3.0% appreciation + 2.5% rent growth), your $53k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 23y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $55k; list at $190k implies a 245% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $184,203 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 1.57% ✓
• Cap rate: 13.76%
• Cash-on-cash: 26.69%
• DSCR: 2.19
• GRM: 5.3

CMA / ARV

• ARV (median comp): $287,740
• List price: $189,900
• Delta: -34.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1834 36 Marigny St	0.46mi	4/2.0	1,508 (-0%)	2mo	$215,000	$143	76
2929 Saint Claude Ave	0.60mi	4/2.0	1,507 (-0%)	1mo	$155,000	$103	71
2630 N Rampart St	0.40mi	4/2.0	1,680 (+11%)	4mo	$387,500	$231	59
1727 29 Marigny St	0.39mi	4/2.0	1,716 (+14%)	1mo	$285,000	$166	59
2132 Touro St	0.71mi	4/2.0	1,550 (+2%)	6mo	$169,000	$109	58
1353 - 55 Annette St	0.40mi	4/2.0	1,300 (-14%)	1mo	$151,000	$116	57
2211 13 Mandeville St	0.71mi	4/2.0	1,644 (+9%)	2mo	$195,000	$119	50
2105 07 Arts St	0.73mi	4/3.0	1,598 (+6%)	3mo	$265,000	$166	50
727 Montegut St	0.66mi	4/2.0	1,670 (+10%)	4mo	$155,000	$93	49
720 Port St	0.46mi	4/4.0	1,700 (+12%)	6mo	$365,000	$215	45
2215 17 N Galvez St	0.63mi	4/2.0	1,300 (-14%)	5mo	$107,000	$82	43
1552 54 N Derbigny St	0.69mi	4/3.0	1,681 (+11%)	5mo	$330,000	$196	41

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 · 2.49% rent growth · sell at horizon

5-year hold

• IRR: 18.1%
• Equity multiple: 1.73×
• Total profit: $38,782
• Equity at exit: $28,315

10-year hold

• IRR: 26.2%
• Equity multiple: 3.24×
• Total profit: $119,110
• Equity at exit: $16,419

Cash invested: $53,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 70117

• Rents YoY: 2.5%
• Active inventory: 581
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $2,987 high
• Mortgage (P&I): −$996
• Tax from tax record: −$102 /mo · $1,228/yr
• Insurance: −$79
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$627
• Net cashflow: $1,116

Break-even live

Break-even rent $1,574

Max offer price $189,900

Occupancy floor 58%

Sensitivity live

Price	-10% $1,223	-5% $1,170	+0% $1,116	+5% $1,062	+10% $1,008
Rent	-10% $880	-5% $998	+0% $1,116	+5% $1,234	+10% $1,352
Rate	-1.0pp $1,212	-0.5pp $1,164	base $1,116	+0.5pp $1,067	+1.0pp $1,017

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,988
Total (2 units)			$2,987

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: $47,475
• Closing costs: $5,697
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2317 N Rampart St Unit 1272378P New Orleans, LA	3.0–6.0	2.0–4.0	1581	$4,154	$2.63	4d	2	0.17mi
2322 Burgundy St Unit C New Orleans, LA	3.0	2.0	1250	$2,200	$1.76	24d	1	0.26mi
1923 N Robertson St New Orleans, LA	3.0	2.0	1051	$1,950	$1.86	4d	1	0.31mi
1710 Marigny St New Orleans, LA	3.0	2.0	1120	$1,750	$1.56	24d	1	0.34mi
632 Mandeville St Unit 2B New Orleans, LA	4.0	4.5	1337	$4,500	$3.37	18d	1	0.39mi
2220 N Prieur St New Orleans, LA	3.0	2.0	1334	$2,000	$1.50	24d	1	0.45mi
928 Kerlerec St New Orleans, LA	3.0	3.5	1684	$2,750	$1.63	4d	1	0.46mi
928 Kerlerec St New Orleans, LA	3.0	3.5	1684	$2,750	$1.63	4d	1	0.46mi
1418 Royal St Unit 1418 New Orleans, LA	4.0	2.0	1300	$2,450	$1.88	24d	1	0.48mi
1837 Touro St New Orleans, LA	3.0	1.0	1994	$2,000	$1.00	24d	1	0.49mi
1217 Kerlerec St Unit B New Orleans, LA	3.0	1.0	1300	$2,100	$1.62	4d	1	0.51mi
1245 Kerlerec St New Orleans, LA	3.0	2.0	1500	$2,500	$1.67	44d	1	0.53mi
1247 Kerlerec St New Orleans, LA	3.0	2.0	1500	$2,500	$1.67	44d	1	0.53mi
1038 Montegut St New Orleans, LA	3.0	2.5	2250	$4,200	$1.87	24d	1	0.61mi
1038 Montegut St New Orleans, LA	3.0	2.5	2250	$4,200	$1.87	44d	1	0.61mi
2107 Elysian Fields Ave New Orleans, LA	4.0	2.0	1794	$1,650	$0.92	4d	1	0.62mi
1936 N Johnson St Unit 36 New Orleans, LA	3.0	2.0	1844	$2,400	$1.30	24d	1	0.62mi
1938 N Johnson St Unit 38 New Orleans, LA	3.0	2.0	1844	$2,400	$1.30	24d	1	0.62mi
2115 Elysian Fields Ave Unit 2115 New Orleans, LA	3.0	1.0	1100	$1,450	$1.32	24d	1	0.63mi
882 Montegut St New Orleans, LA	1.0–3.0	1.0–2.0	826	$2,575	$3.12	44d	7	0.63mi
2115 Mandeville St New Orleans, LA	3.0	2.0	1400	$1,650	$1.18	24d	1	0.64mi
1472 N Claiborne Ave New Orleans, LA	3.0	1.0	1312	$1,900	$1.45	17d	1	0.66mi
1231 Feliciana St New Orleans, LA	3.0	2.5	1869	$2,750	$1.47	44d	1	0.70mi
734 Ursulines Ave New Orleans, LA	3.0	2.0	1340	$2,800	$2.09	44d	1	0.70mi
2522 N Galvez St New Orleans, LA	3.0	2.0	1105	$1,675	$1.52	24d	1	0.72mi
2524 N Galvez St New Orleans, LA	3.0	2.5	1102	$1,800	$1.63	18d	1	0.72mi
2515 N Galvez St New Orleans, LA	4.0	2.0	1200	$1,200	$1.00	11d	1	0.73mi
2515 N Galvez St Unit 2515 New Orleans, LA	4.0	2.0	1200	$1,900	$1.58	24d	1	0.73mi
2920 Pauger St New Orleans, LA	4.0	2.0	1882	$1,995	$1.06	24d	1	0.76mi
1021 Henriette Delille St New Orleans, LA	3.0	2.0	2012	$2,250	$1.12	18d	1	0.77mi
3134 Burgundy St New Orleans, LA	3.0	2.0	1887	$2,900	$1.54	24d	1	0.79mi
2556 N Tonti St New Orleans, LA	3.0	2.0	1100	$1,850	$1.68	17d	1	0.83mi
3221 Saint Claude Ave New Orleans, LA	3.0	1.0	1900	$1,650	$0.87	24d	1	0.87mi
811 Burgundy St New Orleans, LA	4.0	2.5	2059	$5,000	$2.43	44d	1	0.89mi
1831 N Miro St New Orleans, LA	3.0	2.0	1882	$2,500	$1.33	44d	1	0.89mi
2338 Annette St Unit 1 New Orleans, LA	3.0	1.0	1150	$1,400	$1.22	20d	1	0.91mi
527 Saint Ann St Unit 3 New Orleans, LA	3.0	2.0	1687	$3,500	$2.07	44d	1	0.92mi
515 Saint Ann St Unit 3 New Orleans, LA	3.0	2.0	1644	$3,600	$2.19	45d	1	0.92mi
751 Chartres St New Orleans, LA	2.0–3.0	2.0	1461	$3,450	$2.36	44d	1	0.93mi
1035 N Derbigny St New Orleans, LA	3.0	1.0	1075	$1,399	$1.30	24d	1	0.95mi

Listing history 37 events

1. 2026-06-18
   days on market $189,900 Active 39 DOM
2. 2026-06-17
   days on market $189,900 Active 38 DOM
3. 2026-06-16
   days on market $189,900 Active 37 DOM
4. 2026-06-15
   days on market $189,900 Active 36 DOM
5. 2026-06-13
   remarks 681-char remark
6. 2026-06-13
   pricedays on market $189,900 Active 34 DOM
7. 2026-06-10
   days on market $194,900 Active 31 DOM
8. 2026-06-09
   days on market $194,900 Active 30 DOM
9. 2026-06-08
   days on market $194,900 Active 29 DOM
10. 2026-06-07
    days on market $194,900 Active 28 DOM
11. 2026-06-05
    pricedays on market $194,900 Active 25 DOM
12. 2026-06-03
    days on market $199,900 Active 24 DOM

    Show marketing remark (1096 chars)

    Calling all investors! Here's your opportunity to own an income-producing double ($2070 per month) in New Orleans with strong upside potential. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupant income strategy, 2225-27 Marais offers flexibility and opportunity. This tenant-occupied classic New Orleans double shotgun in the New Marigny neighborhood features two 2-bedroom, 1-bath units with shared laundry. Updates and improvements have already been completed for the next owner to further enhance value and optimize returns. Location is everything, and this one delivers. Just one block from vibrant St. Claude Avenue, you'll enjoy a highly walkable lifestyle with neighborhood favorites like Roberts Fresh Market, the New Orleans Food Co-op, St. Roch Market, Who Dat Cafe, and Arabella Casa di Pasta & so many more nearby. Some of the city's favorite nightlife and live music destinations--including Siberia, No Dice, The Allways and Emporium Arcade Bar--are just blocks away. Tenant occupied; 24-48 hours' notice for showings. Flood Zone X.

13. 2026-06-02
    days on market $199,900 Active 23 DOM
14. 2026-06-01
    days on market $199,900 Active 22 DOM
15. 2026-05-31
    days on market $199,900 Active 21 DOM
16. 2026-05-10
    listed $199,900 Active 1157-char remark

    Show marketing remark (1096 chars)

    Calling all investors! Here's your opportunity to own an income-producing double ($2070 per month) in New Orleans with strong upside potential. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupant income strategy, 2225-27 Marais offers flexibility and opportunity. This tenant-occupied classic New Orleans double shotgun in the New Marigny neighborhood features two 2-bedroom, 1-bath units with shared laundry. Updates and improvements have already been completed for the next owner to further enhance value and optimize returns. Location is everything, and this one delivers. Just one block from vibrant St. Claude Avenue, you'll enjoy a highly walkable lifestyle with neighborhood favorites like Roberts Fresh Market, the New Orleans Food Co-op, St. Roch Market, Who Dat Cafe, and Arabella Casa di Pasta & so many more nearby. Some of the city's favorite nightlife and live music destinations--including Siberia, No Dice, The Allways and Emporium Arcade Bar--are just blocks away. Tenant occupied; 24-48 hours' notice for showings. Flood Zone X.

17. 2026-05-10
    listed $199,900 Active 1096-char remark

    Show marketing remark (1096 chars)

    Calling all investors! Here's your opportunity to own an income-producing double ($2070 per month) in New Orleans with strong upside potential. Whether you're looking to expand your investment portfolio or take advantage of an owner-occupant income strategy, 2225-27 Marais offers flexibility and opportunity. This tenant-occupied classic New Orleans double shotgun in the New Marigny neighborhood features two 2-bedroom, 1-bath units with shared laundry. Updates and improvements have already been completed for the next owner to further enhance value and optimize returns. Location is everything, and this one delivers. Just one block from vibrant St. Claude Avenue, you'll enjoy a highly walkable lifestyle with neighborhood favorites like Roberts Fresh Market, the New Orleans Food Co-op, St. Roch Market, Who Dat Cafe, and Arabella Casa di Pasta & so many more nearby. Some of the city's favorite nightlife and live music destinations--including Siberia, No Dice, The Allways and Emporium Arcade Bar--are just blocks away. Tenant occupied; 24-48 hours' notice for showings. Flood Zone X.

18. 2025-06-27
    historical $995
19. 2025-06-17
    listed $995
20. 2025-04-09
    historical $995
21. 2025-04-08
    listed $995
22. 2025-03-26
    historical $995
23. 2025-03-18
    listed $995
24. 2024-09-09
    historical $1,075
25. 2024-08-21
    price $1,075
26. 2024-08-16
    price $1,125
27. 2024-08-02
    price $1,200
28. 2024-07-23
    price $1,300
29. 2024-06-29
    price $1,350
30. 2024-06-11
    listed $1,395
31. 2022-04-27
    price $895
32. 2018-08-07
    soldstatus $55,000
33. 2010-02-26
    soldstatus $55,000

    Show marketing remark (193 chars)

    Last tenants paid total rents of $1350. Both sides livable but need some repairs. Live in one side and may qualify for 203K construction loan. Or owner may consider bond for deed with 25% down.

34. 2009-11-06
    listed $59,000

    Show marketing remark (193 chars)

    Last tenants paid total rents of $1350. Both sides livable but need some repairs. Live in one side and may qualify for 203K construction loan. Or owner may consider bond for deed with 25% down.

35. 2009-04-22
    listed $65,000
36. 2004-05-13
    soldstatus $55,000
37. 2003-12-08
    listed $64,000

ⓘ 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: $1,228 · $102/mo
• Projected year-2 tax: $1,228 · $102/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 7/10 Severe FEMA zone X · 73% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,844
• − Mortgage interest: −$10,637
• − Property taxes: −$1,228
• − Insurance: −$1,747
• − Repairs & maintenance: −$2,868
• − Management: −$2,868
• − Depreciation: −$5,524
• Taxable income: $10,972
• Est. tax owed @ 24.0%: −$2,633
• After-tax cash flow: $10,758/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): 25,652
• Household income: $45,764
• Rent vs Own: 47.8% rent · 52.2% own
• Severe rent burden: 1988.0

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: Majority Black (60%)
• Race & ethnicity: Black 60% White 30% Two or more races 6% Hispanic / Latino 5%
• Common ancestry: Lithuanian 5% Italian 1% Romanian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 93% English-only · Spanish 3% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -177.22%
• Current HPI: 184.6061
• Rent YoY: ▲ 2.49%
• 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

+196.7% since first listed

26 events — show timeline

• 2026-06-12 Price Changed $189,900 AcadianaMLS
• 2026-06-12 Price Changed $189,900 GSREIN
• 2026-06-03 Price Changed $194,900 AcadianaMLS
• 2026-06-03 Price Changed $194,900 GSREIN
• 2026-05-10 Listed $199,900 GSREIN
• 2026-05-10 Listed $199,900 AcadianaMLS
• 2025-06-27 Rental Removed $995 GSREIN
• 2025-06-17 Listed for Rent $995 GSREIN
• 2025-04-09 Rental Removed $995 GSREIN
• 2025-04-08 Listed for Rent $995 GSREIN
• 2025-03-26 Rental Removed $995 GSREIN
• 2025-03-18 Listed for Rent $995 GSREIN
• 2024-09-09 Rental Removed $1,075 APPFOLIO
• 2024-08-21 Price Changed $1,075 APPFOLIO
• 2024-08-16 Price Changed $1,125 APPFOLIO
• 2024-08-02 Price Changed $1,200 APPFOLIO
• 2024-07-23 Price Changed $1,300 APPFOLIO
• 2024-06-29 Price Changed $1,350 APPFOLIO
• 2024-06-11 Listed for Rent $1,395 APPFOLIO
• 2022-04-27 Price Changed $895 RENT.
• 2018-08-07 Sold (Public Records) $55,000 Public Records
• 2010-02-26 Sold (MLS) $55,000 GSREIN
• 2009-11-06 Listed $59,000 GSREIN
• 2009-04-22 Listed $65,000 GSREIN
• 2004-05-13 Sold (MLS) $55,000 GSREIN
• 2003-12-08 Listed $64,000 GSREIN

Property tax history

-0.1%/yr

Latest (2026): $1,228 · +1.1% YoY. Source: county tax records.