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4124 Eve St
B- Composite 65.31
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 +24.9/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.1/10.0
  • 1% rule +6.5/10.0
  • Livability +4.0/5.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$309,000

4124 Eve St · New Orleans, LA 70125
5 bd · 3.0 ba · 2,712 sqft · SingleFamily public records · 319 Days on market
Built 1950 4,103 sqft lot $114/sqft · 34% below area Est $563k · 45% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc.! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

Key facts

  • 4,103 sq ft lot
  • 3 parking spots
  • Built 1950

Tags

HIDDEN STORAGE SPACESORIGINAL HARD WOOD FLOORINGCOVERED SECURED PARKING

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 5-bed/3.0-bath single-family listed at $309k.

Deal economics

  • At list price, monthly cash flow is $239 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $309k).
  • Recommended offer: $272k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.9% vs local median 4.4% in New Orleans — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 81/100 on livability (#3 in LA, #1,383 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, health & safety A+; Watch: crime C-, employment D.
  • Orleans Parish (urban): math 11% / reading 27% proficiency, ranked #69 of 98 in LA (top 70%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents flat; 217 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $3,545/mo this rent would consume 70% of the median local household income ($61k/yr) (locally 1270% 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 $2k of loan paydown is wiped out by about $9k 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 319 days — a 12% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask is 735% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $38k; list at $309k implies a 724% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $271,920 (12.0% below list)

Questions for the listing agent

  1. It's been on market 319 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1950 — 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
1.15%
Cap rate
8.88%
Cash-on-cash
9.23%
DSCR
1.41
GRM
7.3

CMA / ARV

ARV (median comp)
$562,934
List price
$309,000
Delta
-45.11%
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
1643 S Norman Francis Pkwy 0.30mi 4/2.5 (-1) 2,879 (+6%) 3mo $570,000 $198 66
1225 S Dupre St 0.22mi 4/2.5 (-1) 2,424 (-11%) 2mo $325,000 $134 64
1637 S Norman C. Francis Pkwy 0.29mi 5/4.0 2,966 (+9%) 13mo $680,000 $229 56
5833 Fontainebleau Dr 0.46mi 5/3.5 3,053 (+13%) 1mo $755,000 $247 55
3403 Jefferson Ave 0.63mi 4/3.0 (-1) 2,678 (-1%) 11mo $515,000 $192 55
3415 Louisiana Ave Pkwy 0.56mi 6/3.5 (+1) 2,568 (-5%) 8mo $260,000 $101 51
3233 General Taylor St 0.67mi 4/3.0 (-1) 2,882 (+6%) 5mo $490,000 $170 50
3825 Louisiana Avenue Pkwy 0.31mi 4/3.0 (-1) 2,357 (-13%) 11mo $358,000 $152 49
3301 Nashville Ave 0.70mi 4/3.5 (-1) 2,773 (+2%) 9mo $550,000 $198 49
335 Audubon Blvd 0.63mi 4/2.0 (-1) 2,785 (+3%) 12mo $527,000 $189 47
3701 Octavia St 0.45mi 4/4.0 (-1) 2,932 (+8%) 14mo $690,000 $235 45
3518 Octavia St 0.55mi 4/3.0 (-1) 3,066 (+13%) 7mo $570,000 $186 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 · 0.73% rent growth · sell at horizon

5-year hold
IRR
-14.0%
Equity multiple
0.51×
Total profit
$-42,470
Equity at exit
$46,073
10-year hold
IRR
-10.1%
Equity multiple
0.45×
Total profit
$-47,167
Equity at exit
$26,717

Cash invested: $86,520 (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 70125

Home prices YoY
-16.3%
Rents YoY
0.7%
Active inventory
217
Price-to-rent
7.3×

Monthly cashflow live

Estimated rent
$3,545 high interval (Pro) →
Mortgage (P&I)
$1,620
Tax est. 1.5%
$386 /mo · $4,635/yr
Insurance
$129
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$744
Net cashflow
$239

Break-even live

Break-even rent $3,243
Max offer price $309,000
Occupancy floor 88%

Sensitivity live

Price -10% $452 -5% $345 +0% $239 +5% $132 +10% $25
Rent -10% $-41 -5% $99 +0% $239 +5% $379 +10% $519
Rate -1.0pp $394 -0.5pp $317 base $239 +0.5pp $159 +1.0pp $77

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
$77,250
Closing costs
$9,270
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 33 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2117 S Lopez St New Orleans, LA 5.0 2.0 1920 $2,000 $1.04 24d 1 0.38mi
3737 Nashville Ave New Orleans, LA 4.0 2.0 2000 $3,400 $1.70 22d 1 0.47mi
5533 S Tonti St New Orleans, LA 4.0 4.0 3000 $3,000 $1.00 15d 1 0.66mi
4442 S Johnson St Unit 4442 New Orleans, LA 4.0 4.5 3000 $4,500 $1.50 12d 1 0.67mi
3200 Washington Ave Unit NA New Orleans, LA 4.0 3.0 2490 $3,400 $1.37 4d 1 0.70mi
3112 Upperline St New Orleans, LA 5.0 3.5 2800 $3,650 $1.30 24d 1 0.82mi
7922 Colapissa St New Orleans, LA 4.0 2.0 1848 $2,400 $1.30 11d 1 0.87mi
2201 Broadway St Unit 2 New Orleans, LA 4.0 2.0 2000 $3,000 $1.50 44d 1 0.89mi
6326 S Johnson St Unit 1 New Orleans, LA 5.0 2.0 2013 $3,950 $1.96 44d 1 0.95mi
7325 Sycamore St New Orleans, LA 4.0 3.0 2500 $2,350 $0.94 24d 1 0.95mi
6321 S Prieur St New Orleans, LA 6.0 2.0 1900 $4,200 $2.21 44d 1 0.98mi
2818 Palmer Ave New Orleans, LA 5.0 2.0 1832 $4,900 $2.67 44d 1 0.99mi
2808 Calhoun St New Orleans, LA 6.0 4.0 3037 $7,500 $2.47 22d 1 1.03mi
2715 Palmer Ave New Orleans, LA 5.0 2.0 2184 $4,900 $2.24 44d 1 1.05mi
2703 Palmer Ave New Orleans, LA 5.0 2.0 2349 $5,500 $2.34 44d 1 1.05mi
2738 Calhoun St New Orleans, LA 4.0 2.0 1900 $4,800 $2.53 4d 1 1.05mi
2608 Magnolia St New Orleans, LA 4.0 2.5 1950 $3,200 $1.64 44d 1 1.07mi
5718 Cucullu St New Orleans, LA 4.0 3.0 1873 $2,500 $1.33 18d 1 1.09mi
2625 Jefferson Ave New Orleans, LA 4.0 2.0 2000 $2,600 $1.30 44d 1 1.12mi
7902 Sycamore St New Orleans, LA 4.0 2.0 1991 $3,200 $1.61 44d 1 1.12mi
2616 Calhoun St New Orleans, LA 4.0 2.5 2850 $2,500 $0.88 44d 1 1.13mi
2600 Peniston St New Orleans, LA 4.0 2.0 2342 $3,500 $1.49 44d 1 1.14mi
1609 Broadway St New Orleans, LA 5.0 2.0 1776 $5,000 $2.82 44d 1 1.20mi
7011 Jeannette St Unit A New Orleans, LA 5.0 3.0 2200 $5,000 $2.27 44d 1 1.23mi
2101 S Carrollton Ave New Orleans, LA 4.0 2.0 1800 $2,400 $1.33 24d 1 1.23mi
2432 Calhoun St New Orleans, LA 4.0 2.0 3300 $4,400 $1.33 18d 1 1.23mi
5830 Clara St Unit 1 New Orleans, LA 4.0 2.0 2100 $4,500 $2.14 44d 1 1.24mi
2325 State St New Orleans, LA 5.0 3.0 1800 $4,000 $2.22 24d 1 1.25mi
1519 Pine St New Orleans, LA 5.0 3.0 3000 $4,000 $1.33 24d 1 1.27mi
7015 Willow St New Orleans, LA 5.0 3.0 2000 $4,200 $2.10 44d 1 1.29mi
2322 Nashville Ave New Orleans, LA 4.0 2.0 2249 $2,750 $1.22 44d 1 1.31mi
2229 Joseph St New Orleans, LA 4.0 2.0 1830 $4,000 $2.19 18d 1 1.33mi
4600 S Carrollton Ave Unit 2B New Orleans, LA 4.0 2.0 2097 $2,850 $1.36 24d 1 1.36mi

Listing history 29 events

  1. 2026-06-18
    days on market $309,000 Active 319 DOM
  2. 2026-06-17
    days on market $309,000 Active 318 DOM
  3. 2026-06-16
    days on market $309,000 Active 317 DOM
  4. 2026-06-15
    days on market $309,000 Active 316 DOM
  5. 2026-06-13
    days on market $309,000 Active 314 DOM
  6. 2026-06-10
    days on market $309,000 Active 311 DOM
  7. 2026-06-09
    days on market $309,000 Active 310 DOM
  8. 2026-06-08
    days on market $309,000 Active 309 DOM
  9. 2026-06-07
    days on market $309,000 Active 308 DOM
  10. 2026-06-05
    days on market $309,000 Active 305 DOM
  11. 2026-06-03
    days on market $309,000 Active 304 DOM
  12. 2026-06-02
    days on market $309,000 Active 303 DOM
  13. 2026-06-01
    days on market $309,000 Active 302 DOM
  14. 2026-05-31
    days on market $309,000 Active 301 DOM
  15. 2026-04-23
    price $309,000 1487-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  16. 2026-04-23
    price $309,000 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  17. 2026-02-25
    price $310,000 1487-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  18. 2026-02-25
    price $310,000 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  19. 2026-02-08
    price $349,000 1487-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  20. 2026-02-08
    price $349,000 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  21. 2026-02-03
    price $350,000 1487-char remark
    Show marketing remark (1487 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc.! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  22. 2026-02-02
    price $350,000 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  23. 2026-02-02
    status Active 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  24. 2025-12-17
    historical 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  25. 2025-06-16
    price $377,000 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  26. 2025-06-16
    price $370,000 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  27. 2025-06-16
    listed $377,000 Active 1487-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  28. 2025-06-16
    listed $37,000 Active 1488-char remark
    Show marketing remark (1488 chars)

    Calling all brokers, buyers' investors and contractors to schedule an appointment to view , show with a dream/goal to purchase this unique uptown beauty offering location location and square footage square footage and more square footage! Thats right, five bedrooms two bathrooms with over 3200 square ft! It's too bad I can't add the hidden storage spaces in the square footage, but you surely may come and observe it for yourself with your client/agent contractor. Yes, I mentioned contractor. This beauty will require a little TLC to your discretion for beauty is in the eye of the beholder. Wait a minute, that's not all, this beauty also offers an unattached functional beauty salon with a half bath in the rear that also may be converted into whatever your heart's desire is. Did I mention it has its own entrance without entering the home? How many vehicles do you have? Well, there is enough covered secured parking under the carport to safely park at least three to four vehicles if not a boat or jet ski etc. ! Delight yourself and come step onto this beauty's original hard wood flooring running throughout most of the two-story home. Thats right I'll say it again, over 3200 square ft with a functional beauty salon in the rear that may be whatever your heart's desire is. Make an appointment with me TODAY! Contractors and investors are welcome welcome welcome!! No offer is an offer without proof of funds. NO FHA and preapproval with all offers. Agent is related to seller.

  29. 1978-02-24
    soldstatus $37,500

ⓘ 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 8/10 Severe FEMA zone AE · 77% 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$42,542
− Mortgage interest
−$17,309
− Property taxes
−$4,635
− Insurance
−$6,664
− Repairs & maintenance
−$3,403
− Management
−$3,403
− Depreciation
−$8,989
Taxable loss
−$1,861
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$447
After-tax cash flow
$3,311/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)
17,821
Household income
$61,174
Rent vs Own
53.3% rent · 46.7% own
Severe rent burden
1270.0

Population outlook (Orleans County) Hauer SSP2

Today (2025)
513,025 people
By 2030
575,781 · +12.2%
By 2040
700,174 · +36.5%
By 2050
826,541 · +61.1%
By 2075
1,123,374 · +119.0%
By 2100
1,355,609 · +164.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
Black 51% White 32% Hispanic / Latino 9% Two or more races 9% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 8% Romanian 1% Slovak 1%
Foreign-born
7% · Canada, China
Languages at home
90% English-only · Spanish 6% French/Haitian/Cajun 1% Chinese 1%

Political lean MEDSL · Orleans

2024 margin
Solid D (+67.0) · D 82.2% · R 15.2% · Other 2.7%
2008→2024 swing
+6.7pp toward D · 2008: 60.3pp · 2024: 67.0pp
All cycles
2024: D+67.0 2020: D+68.2 2016: D+66.2 2012: D+62.5 2008: D+60.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -49.68%
Current HPI
255.5998
Rent YoY
▲ 0.73%
Metro
New Orleans-Metairie, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+724.0% since first listed
15 events — show timeline
  • 2026-04-23 Price Changed $309,000 AcadianaMLS
  • 2026-04-23 Price Changed $309,000 GSREIN
  • 2026-02-25 Price Changed $310,000 AcadianaMLS
  • 2026-02-25 Price Changed $310,000 GSREIN
  • 2026-02-08 Price Changed $349,000 AcadianaMLS
  • 2026-02-08 Price Changed $349,000 GSREIN
  • 2026-02-03 Price Changed $350,000 AcadianaMLS
  • 2026-02-02 Price Changed $350,000 GSREIN
  • 2026-02-02 Relisted GSREIN
  • 2025-12-17 Listing Removed GSREIN
  • 2025-06-16 Price Changed $377,000 GSREIN
  • 2025-06-16 Price Changed $370,000 GSREIN
  • 2025-06-16 Listed $37,000 GSREIN
  • 2025-06-16 Listed $377,000 AcadianaMLS
  • 1978-02-24 Sold (Public Records) $37,500 Public Records

Property tax history

+0.2%/yr

Latest (2026): $133 · +0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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