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3100 02 Robert St
B- Composite 68.31
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • 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

$165,000

3100 02 Robert St · New Orleans, LA 70125
4 bd · 2.0 ba · 2,392 sqft · Townhouse public records · 185 Days on market
Built 1960 3,998 sqft lot $69/sqft · 75% below area

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

Listing remarks MLS

RENOVATION PROJECT in Broadmoor area of New Orleans. Multifamily townhouse-style property, situated on a desirable large corner lot. Featuring two separate units, this property offers both versatility and potential for the savvy investor or homeowner. Bring your contractors! ### Property Details: - **Location**: Broadmoor, New Orleans - **Lot Size**: 40 X 100 Spacious corner lot with two driveways - **Units**: - **Unit 3000**: 2 bedrooms, 1 bath (Owner-occupied; 24-hour notice for showings) - **Unit 3002**: 2 bedrooms, 2 bath (Currently vacant and available for immediate showings) This property is a renovation project. Please bring your contractors during showings to envision the possibilities. Note that the owners will not be making any repairs, so this is an opportunity for buyers ready to take on a project. Property appears to have foundation issues. ### Key Features: - **Condition**: The owner's unit is in much better condition compared to the vacant unit. - **Accessibility**: One unit can be shown without prior notice; the owner's unit requires 24-hour notice for viewings. - **Financing**: Please be aware that this property will not qualify for FHA or VA loans. Don't miss your chance to invest in this appealing property in a vibrant neighborhood. Schedule your showing today!

Key facts

  • Two driveways
  • Large corner lot
  • Two separate units

Tags

LARGE CORNER LOTTWO SEPARATE UNITSSPACIOUS CORNER LOTTWO DRIVEWAYS

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 4-bed/2.0-bath townhouse listed at $165k.

Deal economics

  • At list price, monthly cash flow is $842 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $165k).
  • Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.5% 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; 219 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $3,131/mo this rent would consume 61% 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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 0.7% rent growth), your $46k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 185 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $60k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $130k; 27% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • 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 $145,200 (12.0% below list)

Questions for the listing agent

  1. It's been on market 185 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 1960 — 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
1.90%
Cap rate
15.52%
Cash-on-cash
32.94%
DSCR
2.47
GRM
4.4

CMA / ARV

ARV (median comp)
$589,708
List price
$165,000
Delta
-72.02%
Verdict
UNDERPRICED
Comps
13 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5815 S Robertson St Unit .. 0.53mi 3/3.0 (-1) 2,407 (+1%) 2mo $385,000 $160 63

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
11.4%
Equity multiple
1.44×
Total profit
$20,231
Equity at exit
$24,602
10-year hold
IRR
18.1%
Equity multiple
2.31×
Total profit
$60,653
Equity at exit
$14,266

Cash invested: $46,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Louisiana
90 Strongly Landlord-Friendly · R+12
County
— inherits STATE
City
— inherits STATE
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

ZIP-level market 70125

Home prices YoY
-16.3%
Rents YoY
0.7%
Active inventory
219
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$3,131 high interval (Pro) →
Mortgage (P&I)
$865
Tax from tax record
$271 /mo · $3,251/yr
Insurance
$69
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$657
Net cashflow
$842

Break-even live

Break-even rent $2,065
Max offer price $165,000
Occupancy floor 68%

Sensitivity live

Price -10% $935 -5% $888 +0% $842 +5% $795 +10% $748
Rent -10% $594 -5% $718 +0% $842 +5% $965 +10% $1,089
Rate -1.0pp $925 -0.5pp $884 base $842 +0.5pp $799 +1.0pp $755

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$41,250
Closing costs
$4,950
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3112 Upperline St New Orleans, LA 5.0 3.5 2800 $3,650 $1.30 24d 1 0.05mi
5417 S Johnson St New Orleans, LA 3.0 3.0 1739 $2,900 $1.67 18d 1 0.14mi
3350 Jena St New Orleans, LA 3.0 2.5 2200 $2,500 $1.14 45d 1 0.20mi
4442 S Johnson St Unit 4442 New Orleans, LA 4.0 4.5 3000 $4,500 $1.50 13d 1 0.22mi
4603 S Miro St New Orleans, LA 3.0 2.0 1650 $1,650 $1.00 24d 1 0.27mi
2625 Jefferson Ave New Orleans, LA 4.0 2.0 2000 $2,600 $1.30 45d 1 0.28mi
5718 Cucullu St New Orleans, LA 4.0 3.0 1873 $2,500 $1.33 18d 1 0.30mi
5533 S Tonti St New Orleans, LA 4.0 4.0 3000 $3,000 $1.00 15d 1 0.34mi
3636 Upperline St New Orleans, LA 3.0 1.0 1600 $1,975 $1.23 24d 1 0.36mi
2519 Octavia St New Orleans, LA 4.0 2.0 1600 $3,900 $2.44 45d 1 0.36mi
2703 Palmer Ave New Orleans, LA 5.0 2.0 2349 $5,500 $2.34 45d 1 0.39mi
2715 Palmer Ave New Orleans, LA 5.0 2.0 2184 $4,900 $2.24 45d 1 0.40mi
2429 Octavia St New Orleans, LA 3.0 2.0 1640 $2,350 $1.43 24d 1 0.40mi
2832 Palmer Ave Unit Up New Orleans, LA 4.0 2.0 1720 $2,900 $1.69 45d 1 0.40mi
2818 Palmer Ave New Orleans, LA 5.0 2.0 1832 $4,900 $2.67 45d 1 0.41mi
5819 Clara St New Orleans, LA 4.0 2.0 1596 $2,500 $1.57 45d 1 0.42mi
3180 State Street Dr New Orleans, LA 3.0 2.0 1600 $1,900 $1.19 11d 1 0.43mi
2438 State St Unit Lower New Orleans, LA 3.0 2.0 1700 $2,500 $1.47 4d 1 0.45mi
5830 Clara St Unit 1 New Orleans, LA 4.0 2.0 2100 $4,500 $2.14 45d 1 0.45mi
2824 Calhoun St Unit A New Orleans, LA 3.0 2.0 1828 $3,900 $2.13 45d 1 0.46mi
6326 S Johnson St Unit 1 New Orleans, LA 5.0 2.0 2013 $3,950 $1.96 45d 1 0.46mi
2738 Calhoun St New Orleans, LA 4.0 2.0 1900 $4,800 $2.53 4d 1 0.46mi
2325 State St New Orleans, LA 5.0 3.0 1800 $4,000 $2.22 24d 1 0.47mi
2616 Calhoun St New Orleans, LA 4.0 2.5 2850 $2,500 $0.88 45d 1 0.49mi
4027 S Derbigny St New Orleans, LA 3.0 2.0 2950 $1,950 $0.66 24d 1 0.49mi
2229 Joseph St New Orleans, LA 4.0 2.0 1830 $4,000 $2.19 18d 1 0.49mi
2322 Nashville Ave New Orleans, LA 4.0 2.0 2249 $2,750 $1.22 45d 1 0.50mi
2314 State St New Orleans, LA 3.0 2.0 1700 $3,275 $1.93 18d 1 0.51mi
2306 Octavia St New Orleans, LA 3.0 2.0 2254 $2,650 $1.18 4d 1 0.51mi
2503 Calhoun St New Orleans, LA 3.0 2.0 1800 $3,000 $1.67 18d 1 0.51mi
2211 Jefferson Ave New Orleans, LA 3.0 2.0 1600 $1,800 $1.12 18d 1 0.51mi
2717 Milan St New Orleans, LA 3.0 1.5 1850 $1,650 $0.89 15d 1 0.53mi
2211 State St New Orleans, LA 4.0 4.0 1650 $4,200 $2.55 18d 1 0.54mi
2217 Jefferson Ave Unit none New Orleans, LA 3.0 2.0 2500 $2,500 $1.00 45d 1 0.54mi
2432 Calhoun St Unit A New Orleans, LA 3.0 2.0 1983 $4,400 $2.22 22d 1 0.55mi
2432 Calhoun St New Orleans, LA 4.0 2.0 3300 $4,400 $1.33 18d 1 0.55mi
3737 Nashville Ave New Orleans, LA 4.0 2.0 2000 $3,400 $1.70 22d 1 0.55mi
3035 Delachaise St New Orleans, LA 3.0 1.0 1968 $1,750 $0.89 3d 1 0.55mi
2209 Jefferson Ave New Orleans, LA 3.0 2.0 1600 $1,800 $1.12 17d 1 0.55mi
2117 S Lopez St New Orleans, LA 5.0 2.0 1920 $2,000 $1.04 24d 1 0.55mi

Listing history 25 events

  1. 2026-06-21
    days on market $165,000 Active 185 DOM
  2. 2026-06-18
    days on market $165,000 Active 182 DOM
  3. 2026-06-17
    days on market $165,000 Active 181 DOM
  4. 2026-06-16
    days on market $165,000 Active 180 DOM
  5. 2026-06-15
    days on market $165,000 Active 179 DOM
  6. 2026-06-13
    days on market $165,000 Active 177 DOM
  7. 2026-06-10
    days on market $165,000 Active 174 DOM
  8. 2026-06-09
    days on market $165,000 Active 173 DOM
  9. 2026-06-08
    days on market $165,000 Active 172 DOM
  10. 2026-06-07
    days on market $165,000 Active 171 DOM
  11. 2026-06-05
    days on market $165,000 Active 168 DOM
  12. 2026-06-03
    days on market $165,000 Active 167 DOM
  13. 2026-06-02
    days on market $165,000 Active 166 DOM
  14. 2026-06-02
    price $165,000 Active 165 DOM
  15. 2026-06-01
    days on market $189,000 Active 165 DOM
  16. 2026-05-31
    days on market $189,000 Active 164 DOM
  17. 2026-03-05
    price $189,000 1300-char remark
    Show marketing remark (1376 chars)

    RENOVATION PROJECT in Broadmoor area of New Orleans. Multifamily townhouse-style property, situated on a desirable large corner lot. Featuring two separate units, this property offers both versatility and potential for the savvy investor or homeowner. Bring your contractors! ### Property Details: - * * Location * * : Broadmoor, New Orleans - * * Lot Size * * : 40 X 100 Spacious corner lot with two driveways - * * Units * * : - * * Unit 3000 * * : 2 bedrooms, 1 bath (Owner-occupied; 24-hour notice for showings) - * * Unit 3002 * * : 2 bedrooms, 2 bath (Currently vacant and available for immediate showings) This property is a renovation project. Please bring your contractors during showings to envision the possibilities. Note that the owners will not be making any repairs, so this is an opportunity for buyers ready to take on a project. Property appears to have foundation issues. ### Key Features: - * * Condition * * : The owner's unit is in much better condition compared to the vacant unit. - * * Accessibility * * : One unit can be shown without prior notice; the owner's unit requires 24-hour notice for viewings. - * * Financing * * : Please be aware that this property will not qualify for FHA or VA loans. Don’t miss your chance to invest in this appealing property in a vibrant neighborhood. Schedule your showing today!

  18. 2026-03-05
    price $189,000 1376-char remark
    Show marketing remark (1376 chars)

    RENOVATION PROJECT in Broadmoor area of New Orleans. Multifamily townhouse-style property, situated on a desirable large corner lot. Featuring two separate units, this property offers both versatility and potential for the savvy investor or homeowner. Bring your contractors! ### Property Details: - * * Location * * : Broadmoor, New Orleans - * * Lot Size * * : 40 X 100 Spacious corner lot with two driveways - * * Units * * : - * * Unit 3000 * * : 2 bedrooms, 1 bath (Owner-occupied; 24-hour notice for showings) - * * Unit 3002 * * : 2 bedrooms, 2 bath (Currently vacant and available for immediate showings) This property is a renovation project. Please bring your contractors during showings to envision the possibilities. Note that the owners will not be making any repairs, so this is an opportunity for buyers ready to take on a project. Property appears to have foundation issues. ### Key Features: - * * Condition * * : The owner's unit is in much better condition compared to the vacant unit. - * * Accessibility * * : One unit can be shown without prior notice; the owner's unit requires 24-hour notice for viewings. - * * Financing * * : Please be aware that this property will not qualify for FHA or VA loans. Don’t miss your chance to invest in this appealing property in a vibrant neighborhood. Schedule your showing today!

  19. 2026-01-30
    price $199,000 1300-char remark
    Show marketing remark (1300 chars)

    RENOVATION PROJECT in Broadmoor area of New Orleans. Multifamily townhouse-style property, situated on a desirable large corner lot. Featuring two separate units, this property offers both versatility and potential for the savvy investor or homeowner. Bring your contractors! ### Property Details: - **Location**: Broadmoor, New Orleans - **Lot Size**: 40 X 100 Spacious corner lot with two driveways - **Units**: - **Unit 3000**: 2 bedrooms, 1 bath (Owner-occupied; 24-hour notice for showings) - **Unit 3002**: 2 bedrooms, 2 bath (Currently vacant and available for immediate showings) This property is a renovation project. Please bring your contractors during showings to envision the possibilities. Note that the owners will not be making any repairs, so this is an opportunity for buyers ready to take on a project. Property appears to have foundation issues. ### Key Features: - **Condition**: The owner's unit is in much better condition compared to the vacant unit. - **Accessibility**: One unit can be shown without prior notice; the owner's unit requires 24-hour notice for viewings. - **Financing**: Please be aware that this property will not qualify for FHA or VA loans. Don't miss your chance to invest in this appealing property in a vibrant neighborhood. Schedule your showing today!

  20. 2026-01-28
    price $199,000 1376-char remark
    Show marketing remark (1376 chars)

    RENOVATION PROJECT in Broadmoor area of New Orleans. Multifamily townhouse-style property, situated on a desirable large corner lot. Featuring two separate units, this property offers both versatility and potential for the savvy investor or homeowner. Bring your contractors! ### Property Details: - * * Location * * : Broadmoor, New Orleans - * * Lot Size * * : 40 X 100 Spacious corner lot with two driveways - * * Units * * : - * * Unit 3000 * * : 2 bedrooms, 1 bath (Owner-occupied; 24-hour notice for showings) - * * Unit 3002 * * : 2 bedrooms, 2 bath (Currently vacant and available for immediate showings) This property is a renovation project. Please bring your contractors during showings to envision the possibilities. Note that the owners will not be making any repairs, so this is an opportunity for buyers ready to take on a project. Property appears to have foundation issues. ### Key Features: - * * Condition * * : The owner's unit is in much better condition compared to the vacant unit. - * * Accessibility * * : One unit can be shown without prior notice; the owner's unit requires 24-hour notice for viewings. - * * Financing * * : Please be aware that this property will not qualify for FHA or VA loans. Don’t miss your chance to invest in this appealing property in a vibrant neighborhood. Schedule your showing today!

  21. 2025-12-18
    listed $225,000 Active 1300-char remark
    Show marketing remark (1376 chars)

    RENOVATION PROJECT in Broadmoor area of New Orleans. Multifamily townhouse-style property, situated on a desirable large corner lot. Featuring two separate units, this property offers both versatility and potential for the savvy investor or homeowner. Bring your contractors! ### Property Details: - * * Location * * : Broadmoor, New Orleans - * * Lot Size * * : 40 X 100 Spacious corner lot with two driveways - * * Units * * : - * * Unit 3000 * * : 2 bedrooms, 1 bath (Owner-occupied; 24-hour notice for showings) - * * Unit 3002 * * : 2 bedrooms, 2 bath (Currently vacant and available for immediate showings) This property is a renovation project. Please bring your contractors during showings to envision the possibilities. Note that the owners will not be making any repairs, so this is an opportunity for buyers ready to take on a project. Property appears to have foundation issues. ### Key Features: - * * Condition * * : The owner's unit is in much better condition compared to the vacant unit. - * * Accessibility * * : One unit can be shown without prior notice; the owner's unit requires 24-hour notice for viewings. - * * Financing * * : Please be aware that this property will not qualify for FHA or VA loans. Don’t miss your chance to invest in this appealing property in a vibrant neighborhood. Schedule your showing today!

  22. 2025-12-18
    listed $225,000 Active 1376-char remark
    Show marketing remark (1376 chars)

    RENOVATION PROJECT in Broadmoor area of New Orleans. Multifamily townhouse-style property, situated on a desirable large corner lot. Featuring two separate units, this property offers both versatility and potential for the savvy investor or homeowner. Bring your contractors! ### Property Details: - * * Location * * : Broadmoor, New Orleans - * * Lot Size * * : 40 X 100 Spacious corner lot with two driveways - * * Units * * : - * * Unit 3000 * * : 2 bedrooms, 1 bath (Owner-occupied; 24-hour notice for showings) - * * Unit 3002 * * : 2 bedrooms, 2 bath (Currently vacant and available for immediate showings) This property is a renovation project. Please bring your contractors during showings to envision the possibilities. Note that the owners will not be making any repairs, so this is an opportunity for buyers ready to take on a project. Property appears to have foundation issues. ### Key Features: - * * Condition * * : The owner's unit is in much better condition compared to the vacant unit. - * * Accessibility * * : One unit can be shown without prior notice; the owner's unit requires 24-hour notice for viewings. - * * Financing * * : Please be aware that this property will not qualify for FHA or VA loans. Don’t miss your chance to invest in this appealing property in a vibrant neighborhood. Schedule your showing today!

  23. 2006-04-17
    soldstatus $130,000
  24. 2000-04-11
    soldstatus $97,000
  25. 1981-04-20
    soldstatus $65,000

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

Tax reassessment forecast LA · Resets to sale price

Current annual tax
$3,251 · $271/mo
Projected year-2 tax
$3,251 · $271/mo
Expected delta
$0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone AE · 78% 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 3/10 Moderate 3 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
$37,569
− Mortgage interest
−$9,243
− Property taxes
−$3,251
− Insurance
−$5,944
− Repairs & maintenance
−$3,005
− Management
−$3,005
− Depreciation
−$4,800
Taxable income
$8,320
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,997
After-tax cash flow
$8,104/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

+190.8% since first listed
9 events — show timeline
  • 2026-03-05 Price Changed $189,000 AcadianaMLS
  • 2026-03-05 Price Changed $189,000 GSREIN
  • 2026-01-30 Price Changed $199,000 AcadianaMLS
  • 2026-01-28 Price Changed $199,000 GSREIN
  • 2025-12-18 Listed $225,000 GSREIN
  • 2025-12-18 Listed $225,000 AcadianaMLS
  • 2006-04-17 Sold (Public Records) $130,000 Public Records
  • 2000-04-11 Sold (Public Records) $97,000 Public Records
  • 1981-04-20 Sold (Public Records) $65,000 Public Records

Property tax history

+2.8%/yr

Latest (2026): $3,251 · +17.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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