4124 Eve St · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.77%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the 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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new 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
- IRR
- -14.0%
- Equity multiple
- 0.51×
- Total profit
- $-42,470
- Equity at exit
- $46,073
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
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2026-06-18days on market $309,000 Active 319 DOM
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2026-06-17days on market $309,000 Active 318 DOM
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2026-06-16days on market $309,000 Active 317 DOM
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2026-06-15days on market $309,000 Active 316 DOM
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2026-06-13days on market $309,000 Active 314 DOM
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2026-06-10days on market $309,000 Active 311 DOM
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2026-06-09days on market $309,000 Active 310 DOM
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2026-06-08days on market $309,000 Active 309 DOM
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2026-06-07days on market $309,000 Active 308 DOM
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2026-06-05days on market $309,000 Active 305 DOM
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2026-06-03days on market $309,000 Active 304 DOM
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2026-06-02days on market $309,000 Active 303 DOM
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2026-06-01days on market $309,000 Active 302 DOM
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2026-05-31days on market $309,000 Active 301 DOM
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2026-04-23price $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.
-
2026-04-23price $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.
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2026-02-25price $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.
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2026-02-25price $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.
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2026-02-08price $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.
-
2026-02-08price $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.
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2026-02-03price $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.
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2026-02-02price $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.
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2026-02-02status 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.
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2025-12-17historical 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.
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2025-06-16price $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.
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2025-06-16price $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.
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2025-06-16$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.
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2025-06-16$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.
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1978-02-24soldstatus $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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
|
||
| Advertising | 1 | $2B |
|
||
Price history
+724.0% since first listed15 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%/yrLatest (2026): $133 · +0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…