2215-2217 Dumaine St · New Orleans, LA 70119

$225,000

4 bd · 4.0 ba · 2,075 sqft · MultiFamily · 16 Days on market

Built 1920 Good condition 3,498 sqft lot $108/sqft · 40% below area Est $375k · 40% 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
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

This updated shotgun-style duplex features two well-designed units, each offering 2 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property's appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located in proximity to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

Key facts

• 3,498 sq ft lot
• Built 1920
• Listed 15 days

Tags

• RECENT COSMETIC UPDATES
• PROXIMITY TO RESTAURANTS
• PROXIMITY TO GROCERY STORES

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/2.0-bath units multifamily listed at $225k. Condition is rated good.
• This rent per unit runs 38% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive. Per door: $532/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Recommended offer: $222k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.3% vs local median 4.3% 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: 565 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 + 3.0% rent growth), your $63k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1920 — 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $221,625 (1.5% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 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: 1.51% ✓
• Cap rate: 12.33%
• Cash-on-cash: 21.54%
• DSCR: 1.96
• GRM: 5.5

CMA / ARV

• ARV (median comp): $375,077
• List price: $225,000
• Delta: -40.01%
• 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
1022 N Miro St	0.10mi	4/2.0	2,000 (-4%)	3mo	$194,000	$97	79
1561-63 N Prieur St	0.58mi	4/4.0	2,078 (+0%)	1mo	$335,000	$161	72
1216 N Miro St	0.23mi	4/2.0	1,933 (-7%)	2mo	$342,000	$177	68
1722 24 St Ann St	0.33mi	4/3.5	2,240 (+8%)	6mo	$410,000	$183	65
2328 30 Bienville St	0.46mi	5/3.5 (+1)	2,115 (+2%)	6mo	$400,000	$189	63
2601 03 St Ann St	0.28mi	4/2.0	1,946 (-6%)	10mo	$220,000	$113	61
1915-1917 Bayou Rd	0.34mi	5/3.0 (+1)	2,255 (+9%)	2mo	$250,000	$111	59
2615 26 Saint Ann St	0.30mi	4/2.0	1,900 (-8%)	10mo	$125,000	$66	56
1124-1126 Henriette Delille St	0.70mi	4/2.0	2,071 (-0%)	6mo	$157,000	$76	53
2912 14 St. Peter St	0.59mi	4/2.0	1,912 (-8%)	6mo	$290,000	$152	46
1432-1434 Ursulines Ave	0.52mi	4/1.0	1,888 (-9%)	10mo	$228,000	$121	40
2620 22 Bienville St	0.55mi	5/2.0 (+1)	1,785 (-14%)	4mo	$115,000	$64	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 12.5%
• Equity multiple: 1.50×
• Total profit: $31,439
• Equity at exit: $33,548

10-year hold

• IRR: 21.5%
• Equity multiple: 2.83×
• Total profit: $115,062
• Equity at exit: $19,454

Cash invested: $63,000 (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

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

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 60 active · 20 under contract
• Months of supply: 27.7 mo (4%/mo absorbed)
• Median asking: $282,500 ($151/sqft)
• Median days on market: 16 d
• This list price: 18% of active listings are priced below it
• ARV vs active asking: +19.6% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70119

• Home prices YoY: -34.8%
• Active inventory: 565
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $3,400 high
• Mortgage (P&I): −$1,180
• Tax est. 1.5%: −$281 /mo · $3,375/yr
• Insurance: −$94
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$714
• Net cashflow: $1,065

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	2	$3,400
Total (2 units)			$3,400

Break-even live

Break-even rent $2,052

Max offer price $225,000

Occupancy floor 64%

Sensitivity live

Price	-10% $1,220	-5% $1,142	+0% $1,065	+5% $987	+10% $909
Rent	-10% $796	-5% $930	+0% $1,065	+5% $1,199	+10% $1,333
Rate	-1.0pp $1,178	-0.5pp $1,122	base $1,065	+0.5pp $1,006	+1.0pp $947

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: $56,250
• Closing costs: $6,750
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2230 Dumaine St New Orleans, LA	2.0	2.0	983	$1,700	$1.73	25d	1	0.01mi
2230 Dumaine St New Orleans, LA	2.0	2.0	983	$2,000	$2.03	164d	1	0.01mi
921 N Miro St New Orleans, LA	2.0	1.0	813	$1,275	$1.57	52d	1	0.05mi
921 N Miro St New Orleans, LA	2.0	1.0	813	$1,350	$1.66	119d	1	0.05mi
2219 St Philip St New Orleans, LA	3.0	2.0	1000	$1,500	$1.50	52d	1	0.09mi
2125 Saint Ann St New Orleans, LA	2.0	1.0	766	$1,250	$1.63	52d	1	0.09mi
1017 N Galvez St New Orleans, LA	2.0	1.0	900	$1,550	$1.72	34d	1	0.11mi
2302 Ursulines Ave Unit A New Orleans, LA	2.0	1.0	945	$1,350	$1.43	10d	1	0.13mi
2300 Ursulines Ave Unit A New Orleans, LA	2.0	1.0	945	$1,300	$1.38	10d	1	0.13mi
2032 Saint Philip St New Orleans, LA	2.0	2.0	800	$1,600	$2.00	164d	1	0.14mi
2302 Ursulines Ave Unit B New Orleans, LA	2.0	1.0	924	$1,700	$1.84	45d	1	0.14mi
2423 Saint Ann St Unit 2423 New Orleans, LA	3.0	1.0	1000	$1,500	$1.50	10d	1	0.15mi
2426 Saint Philip St New Orleans, LA	2.0	1.0	849	$1,450	$1.71	164d	1	0.15mi
2332 Ursulines Ave Apt A New Orleans, LA	2.0	1.0	700	$1,200	$1.71	138d	1	0.15mi
2332 Ursulines Ave Unit B New Orleans, LA	2.0	1.0	700	$1,400	$2.00	164d	1	0.15mi
2332 Ursulines Ave Unit B New Orleans, LA	2.0	1.0	950	$1,400	$1.47	10d	1	0.15mi
2332 Ursulines Ave Unit B New Orleans, LA	2.0	1.0	925	$1,425	$1.54	138d	1	0.15mi
2332 Ursulines Ave Unit C New Orleans, LA	2.0	1.0	950	$1,350	$1.42	17d	1	0.15mi
2332 Ursulines Ave New Orleans, LA	2.0	1.0	1000	$1,299	$1.30	23d	1	0.15mi
2332 Ursulines Ave New Orleans, LA	2.0	1.0	1000	$1,299	$1.30	1d	1	0.15mi
2332 Ursulines Ave Unit B New Orleans, LA	2.0	1.0	950	$1,400	$1.47	17d	1	0.15mi
2332 Ursulines Ave Unit B New Orleans, LA	2.0	1.0	925	$1,399	$1.51	133d	1	0.15mi
2332 Ursulines Ave Apt A New Orleans, LA	2.0	1.0	950	$1,295	$1.36	17d	1	0.15mi
2332 Ursulines Ave Apt A New Orleans, LA	2.0	1.0	950	$1,295	$1.36	10d	1	0.15mi
2332 Ursulines Ave Unit C New Orleans, LA	2.0	1.0	950	$1,350	$1.42	10d	1	0.15mi
2017 Saint Ann St New Orleans, LA	2.0	1.0	960	$1,095	$1.14	158d	1	0.16mi
2502 Dumaine St New Orleans, LA	2.0	1.0	966	$1,195	$1.24	164d	1	0.17mi
2502 Dumaine St New Orleans, LA	2.0	1.0	966	$1,195	$1.24	143d	1	0.17mi
2009 Saint Ann St Unit A New Orleans, LA	2.0	2.0	840	$1,125	$1.34	5d	1	0.17mi
2009 Saint Ann St New Orleans, LA	2.0	2.0	840	$1,125	$1.34	14d	1	0.17mi
910 N Prieur St New Orleans, LA	2.0	1.0	820	$1,250	$1.52	10d	1	0.18mi
2506 Saint Philip St New Orleans, LA	2.0	2.0	1020	$1,450	$1.42	160d	1	0.18mi
2506 Saint Philip St New Orleans, LA	2.0	2.0	1020	$1,400	$1.37	108d	1	0.18mi
1121 N Galvez St New Orleans, LA	2.0	1.0	1040	$1,400	$1.35	14d	1	0.19mi
1121 N Galvez St New Orleans, LA	2.0	1.0	1040	$1,400	$1.35	21d	1	0.19mi
1121 N Galvez St New Orleans, LA	2.0	1.0	1040	$1,400	$1.35	164d	1	0.19mi
2516 Dumaine St Unit C New Orleans, LA	2.0	1.0	825	$1,200	$1.45	164d	1	0.19mi
2516 Dumaine St Unit A New Orleans, LA	2.0	1.0	825	$1,200	$1.45	10d	1	0.19mi
2539 Dumaine St New Orleans, LA	1.0	1.0	567	$1,200	$2.12	123d	1	0.21mi
2543 Saint Ann St New Orleans, LA	2.0	2.0	880	$1,650	$1.88	144d	1	0.23mi

Property features AI

Finance

• Financial info: Two units, each renting for $1,300Tenants pay electricity, gas, and water

Exterior

• Parking: Off-street parking
• Utilities: Public waterPublic sewerNatural gas available
• Home design: DuplexShotgun-style design
• Construction: Raised foundation

Interior

• Bedrooms: Four bedrooms total, with two in each unit
• Bathrooms: Four full bathrooms total, with two in each unit
• Heating & cooling: Central heatingCentral air conditioningWindow unit air conditioning
• Laundry & utility: Interior laundry

Listing history 50 events

1. 2026-11-08
   days on market $225,000 Active 16 DOM
2. 2026-11-07
   days on market $225,000 Active 15 DOM
3. 2026-11-06
   days on market $225,000 Active 14 DOM
4. 2026-11-05
   days on market $225,000 Active 13 DOM
5. 2026-11-04
   days on market $225,000 Active 12 DOM
6. 2026-11-02
   days on market $225,000 Active 10 DOM
7. 2026-11-01
   days on market $225,000 Active 9 DOM
8. 2026-10-31
   days on market $225,000 Active 8 DOM
9. 2026-10-30
   days on market $225,000 Active 7 DOM
10. 2026-10-29
    days on market $225,000 Active 6 DOM
11. 2026-10-28
    days on market $225,000 Active 5 DOM
12. 2026-10-27
    days on market $225,000 Active 4 DOM
13. 2026-10-26
    days on market $225,000 Active 3 DOM
14. 2026-10-26
    days on market $225,000 Active 2 DOM
15. 2026-10-24
    days on marketlisting id $225,000 Active 1 DOM
16. 2026-10-23
    days on market $225,000 Active 267 DOM
17. 2026-10-22
    days on market $225,000 Active 266 DOM
18. 2026-10-21
    days on market $225,000 Active 265 DOM
19. 2026-10-20
    days on market $225,000 Active 264 DOM
20. 2026-10-19
    days on market $225,000 Active 263 DOM

    Show marketing remark (582 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 2 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property's appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located in proximity to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

21. 2026-10-19
    price $225,000 Active 262 DOM

    Show marketing remark (582 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 2 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property's appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located in proximity to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

22. 2026-10-18
    days on market $250,000 Active 262 DOM

    Show marketing remark (588 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 2 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located in proximity to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

23. 2026-10-17
    days on market $250,000 Active 261 DOM
24. 2026-10-16
    days on market $250,000 Active 260 DOM
25. 2026-10-15
    days on market $250,000 Active 259 DOM
26. 2026-10-14
    days on market $250,000 Active 258 DOM
27. 2026-10-13
    days on market $250,000 Active 257 DOM
28. 2026-10-12
    days on market $250,000 Active 256 DOM
29. 2026-10-11
    status $250,000 Active 255 DOM

    Show marketing remark (588 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 2 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located in proximity to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

30. 2026-10-11
    days on market $250,000 Active Under Contract 255 DOM

    Show marketing remark (588 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 2 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located in proximity to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

31. 2026-10-10
    days on market $250,000 Active Under Contract 254 DOM
32. 2026-10-09
    days on market $250,000 Active Under Contract 253 DOM
33. 2026-10-08
    days on market $250,000 Active Under Contract 252 DOM
34. 2026-10-07
    days on market $250,000 Active Under Contract 251 DOM
35. 2026-10-07
    days on market $250,000 Active Under Contract 250 DOM
36. 2026-10-05
    days on market $250,000 Active Under Contract 249 DOM
37. 2026-10-04
    days on market $250,000 Active Under Contract 248 DOM
38. 2026-10-04
    days on market $250,000 Active Under Contract 247 DOM
39. 2026-10-02
    days on market $250,000 Active Under Contract 246 DOM
40. 2026-10-01
    days on market $250,000 Active Under Contract 245 DOM
41. 2026-09-30
    days on market $250,000 Active Under Contract 244 DOM
42. 2026-09-29
    days on market $250,000 Active Under Contract 243 DOM
43. 2026-09-28
    days on market $250,000 Active Under Contract 242 DOM
44. 2026-09-27
    days on market $250,000 Active Under Contract 241 DOM
45. 2026-09-25
    days on market $250,000 Active Under Contract 239 DOM
46. 2026-09-24
    days on market $250,000 Active Under Contract 238 DOM
47. 2026-09-23
    days on market $250,000 Active Under Contract 237 DOM
48. 2026-09-22
    days on market $250,000 Active Under Contract 236 DOM
49. 2026-09-21
    days on market $250,000 Active Under Contract 235 DOM
50. 2026-09-20
    statusdays on market $250,000 Active Under Contract 234 DOM

    Show marketing remark (588 chars)

    This updated shotgun-style duplex features two well-designed units, each offering 2 bedrooms and 2 bathrooms. Recent cosmetic updates, including fresh paint, enhance the property’s appeal, while consistent upkeep ensures a clean and well-maintained living environment inside and out. Ideally located in proximity to restaurants, bars, grocery stores, and popular parade routes, this property is perfectly positioned for convenience and lifestyle appeal. An excellent opportunity for investors or owner-occupants looking to live in one unit and generate rental income from the other.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 27% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $40,800
• − Mortgage interest: −$12,603
• − Property taxes: −$3,375
• − Insurance: −$1,922
• − Repairs & maintenance: −$3,264
• − Management: −$3,264
• − Depreciation: −$6,545
• Taxable income: $9,826
• Est. tax owed @ 24.0%: −$2,358
• After-tax cash flow: $10,417/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $10,375–$31,125 screening

This updated shotgun-style duplex features two well-designed units with fresh paint and functional appliances. Ideal for investors or owner-occupants, it offers a clean and well-maintained living environment with potential for further updates to enhance its resale and rental value.

Repairs flagged

• Minor kitchen backsplash — Aesthetic update needed for dated look
• Minor bathroom fixtures — Update needed for dated look
• Minor landscaping — Overgrown areas and debris need cleaning

Value-add opportunities

• Both Kitchen backsplash and countertops — Freshens up the kitchen and adds value ↑
• Both Bathroom fixtures and tubs — Enhances bathrooms and adds value ↑
• Both Landscaping and curb appeal — Improves curb appeal and adds value ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 22/100

Zoned Schools

Elementary Mary Bethune Elementary Literature/technology F LA #415/646 Nat'l #32,000/41,679 High Mcdonogh #35 College Preparatory School

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

A Composite livability gradescore 81/100

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 · 513,025 people
• City population: 338,817
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 37,253
• Household income: $53,143
• Rent vs Own: 62.8% rent · 37.2% own
• Severe rent burden: 13% of renters

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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%

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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%
• Languages at home: 91% English-only · Spanish 6% French/Haitian/Cajun 1% Other Indo-European 0%

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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: —
• Metro: —
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

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Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Property features AI

Finance

• Financial info: Two units, each renting for $1,300Tenants pay electricity, gas, and water

Exterior

• Parking: Off-street parking
• Utilities: Public waterPublic sewerNatural gas available
• Home design: DuplexShotgun-style design
• Construction: Raised foundation

Interior

• Bedrooms: Four bedrooms total, with two in each unit
• Bathrooms: Four full bathrooms total, with two in each unit
• Heating & cooling: Central heatingCentral air conditioningWindow unit air conditioning
• Laundry & utility: Interior laundry

Price history

+221.4% since first listed

19 events — show timeline

• 2026-10-19 Price Changed $225,000 AcadianaMLS
• 2026-10-18 Price Changed $225,000 GSREIN
• 2026-10-11 Relisted — AcadianaMLS
• 2026-10-11 Relisted — GSREIN
• 2026-09-20 Pending — AcadianaMLS
• 2026-09-20 Contingent — GSREIN
• 2026-08-02 Price Changed $250,000 AcadianaMLS
• 2026-08-02 Price Changed $250,000 GSREIN
• 2026-07-09 Price Changed $280,000 AcadianaMLS
• 2026-07-09 Price Changed $280,000 GSREIN
• 2026-04-18 Price Changed $310,000 AcadianaMLS
• 2026-04-18 Price Changed $310,000 GSREIN
• 2026-03-13 Price Changed $325,000 AcadianaMLS
• 2026-03-13 Price Changed $325,000 GSREIN
• 2026-01-29 Listed $225,000 ROAM MLS
• 2026-01-29 Listed $337,500 GSREIN
• 2026-01-29 Listed $337,500 AcadianaMLS
• 2011-03-04 Listed $29,900 AcadianaMLS
• 2001-06-15 Listed $70,000 AcadianaMLS