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3219 21 Louisiana Ave Pkwy Triplex
B+ Composite 75.81
Why this score? — see what drove the B+ grade

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

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +4.0/5.0
  • Rent growth +2.7/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0
  • Appreciation +0.0/10.0

$295,000

3219 21 Louisiana Ave Pkwy · New Orleans, LA 70125
3 bd · 3.0 ba · 2,178 sqft · MultiFamily public records · 696 Days on market
Built 1950 $135/sqft · 19% above area Est $357k · 17% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks MLS

Bank owned property to be sold as-is, where-is. Three (3) plex available in a well-established neighborhood with close proximity to Tulane and Loyola. Units are all spacious. The bottom floor is a 2 bedroom, 1 bath. The top 2 floors are 3 bedroom, 1 bath. All three units are fully occupied and the current gross monthly income is $4,095. Unit 100 generates $1,295 monthly Unit 200 generates $1,250 monthly Unit 300 generates $1,550 monthly Property is located in an AE Flood Zone. Property is eligible for State Historic Tax Credits, allowing 25% of qualified renovation costs recoupable. A new property management company has been assigned and are currently in the process of making repairs to the property. The Property Manager can transfer services to new owner. All leases are month to month but long-term leases could be put in place. Healthy Home applications have been applied for. New HVAC's installed. Minimal 24 hour notice must be given with showings. Please send offer and pre-approval letter with request for showing of occupied units. All measurements and information deemed reliable but not guaranteed and should be verified by buyer. No disclosures available as this is a bank owned property.

Key facts

  • 2 parking spots
  • Built 1950
  • Listed 696 days

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 2×3bd/1.0ba + 1×2bd/1.0ba units multifamily listed at $295k.

Deal economics

  • At list price, monthly cash flow is $1k ($17k/yr) — positive. Per door: $485/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $295k).
  • Recommended offer: $260k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.9% 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; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
  • At $4,730/mo this rent would consume 93% 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.
  • At projected returns (-3.0% appreciation + 0.7% rent growth), your $83k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 696 days — a 12% lower offer ($260k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 19y ago; this cycle's ask is 22164% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $60k; list at $295k implies a 392% 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 $259,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 696 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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.
  9. 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.
  10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.60%
Cap rate
13.95%
Cash-on-cash
27.34%
DSCR
2.22
GRM
5.2

CMA / ARV

ARV (median comp)
$357,397
List price
$295,000
Delta
-17.46%
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
3619-25 Delachaise St 0.25mi 4/4.0 (+1) 2,162 (-1%) 7mo $315,000 $146 73
3526 Louisiana Ave Pkwy 0.19mi 4/2.0 (+1) 2,200 (+1%) 11mo $153,000 $70 71
2900 General Taylor St 0.31mi 4/4.0 (+1) 2,322 (+7%) 8mo $387,000 $167 59
2217 Willow St 0.51mi 4/3.0 (+1) 2,082 (-4%) 8mo $189,000 $91 57
2232-34 S Salcedo St 0.61mi 4/2.0 (+1) 2,108 (-3%) 1mo $391,237 $186 56
4325 27 Jena St 0.67mi 4/2.0 (+1) 2,149 (-1%) 3mo $307,500 $143 55
3324-26 Second St 0.31mi 4/2.0 (+1) 1,995 (-8%) 9mo $30,003 $15 55
3112 14 General Taylor St 0.19mi 4/2.0 (+1) 1,930 (-11%) 11mo $265,000 $137 54
2712 14 S Johnson St 0.19mi 4/4.0 (+1) 1,870 (-14%) 6mo $246,200 $132 54
2315 Peniston St 0.65mi 4/2.0 (+1) 2,115 (-3%) 7mo $275,000 $130 50
4419 21 Fontainebleau Dr 0.73mi 4/2.0 (+1) 2,399 (+10%) 8mo $440,000 $183 33
2521 Robert St 0.73mi 4/2.5 (+1) 2,489 (+14%) 10mo $260,000 $104 27

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
10.9%
Equity multiple
1.42×
Total profit
$34,559
Equity at exit
$43,985
10-year hold
IRR
17.9%
Equity multiple
2.32×
Total profit
$108,942
Equity at exit
$25,506

Cash invested: $82,600 (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
14.6×

Monthly cashflow live

Estimated rent
$4,730 high interval (Pro) →
Mortgage (P&I)
$1,547
Tax from tax record
$185 /mo · $2,216/yr
Insurance
$123
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$993
Net cashflow
$1,456

Break-even live

Break-even rent $2,888
Max offer price $295,000
Occupancy floor 64%

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

UnitsBedsBathsEst. rent
1× unit 2 1 $1,365
Total (3 units) $4,730

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
$73,750
Closing costs
$8,850
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
3200 Washington Ave Unit NA New Orleans, LA 4.0 3.0 2490 $3,400 $1.37 3d 1 0.11mi
2833 S Derbigny St New Orleans, LA 3.0 2.0 1500 $1,795 $1.20 24d 1 0.12mi
3044 Louisiana Avenue Pkwy New Orleans, LA 3.0 2.0 1800 $1,900 $1.06 24d 1 0.13mi
3035 Delachaise St New Orleans, LA 3.0 1.0 1968 $1,750 $0.89 2d 1 0.16mi
4027 S Derbigny St New Orleans, LA 3.0 2.0 2950 $1,950 $0.66 24d 1 0.17mi
2614 S Johnson St New Orleans, LA 3.0 2.0 1536 $2,079 $1.35 15d 1 0.21mi
2617 S Johnson St New Orleans, LA 2.0 1.0 1500 $1,300 $0.87 24d 1 0.22mi
2606 S Miro St New Orleans, LA 3.0 2.0 1450 $2,016 $1.39 24d 1 0.28mi
3429 Clara St New Orleans, LA 3.0 2.0 1620 $2,350 $1.45 15d 1 0.34mi
4442 S Johnson St Unit 4442 New Orleans, LA 4.0 4.5 3000 $4,500 $1.50 12d 1 0.42mi
3350 Jena St New Orleans, LA 3.0 2.5 2200 $2,500 $1.14 44d 1 0.43mi
2717 Milan St New Orleans, LA 3.0 1.5 1850 $1,650 $0.89 15d 1 0.45mi
4500 S Miro St Unit B New Orleans, LA 2.0 1.0 1500 $2,000 $1.33 24d 1 0.45mi
2608 Magnolia St New Orleans, LA 4.0 2.5 1950 $3,200 $1.64 44d 1 0.47mi
2600 Peniston St New Orleans, LA 4.0 2.0 2342 $3,500 $1.49 44d 1 0.50mi
3114 Cadiz St New Orleans, LA 2.0 2.0 1500 $2,500 $1.67 24d 1 0.52mi
4603 S Miro St New Orleans, LA 3.0 2.0 1650 $1,650 $1.00 24d 1 0.53mi
3636 Upperline St New Orleans, LA 3.0 1.0 1600 $1,975 $1.23 24d 1 0.58mi
5417 S Johnson St New Orleans, LA 3.0 3.0 1739 $2,900 $1.67 17d 1 0.69mi
4400 Elba St New Orleans, LA 3.0 2.0 1600 $1,875 $1.17 24d 1 0.74mi
4223 S Liberty St New Orleans, LA 3.0 1.5 1509 $2,400 $1.59 3d 1 0.74mi
4403 Elba St New Orleans, LA 3.0 2.0 1400 $1,800 $1.29 3d 1 0.74mi
4401 Elba St New Orleans, LA 3.0 2.0 1400 $1,850 $1.32 24d 1 0.74mi
1407 Magnolia St New Orleans, LA 3.0 2.0 1824 $1,500 $0.82 24d 1 0.74mi
5533 S Tonti St New Orleans, LA 4.0 4.0 3000 $3,000 $1.00 15d 1 0.75mi
2231 S Liberty St New Orleans, LA 3.0 3.5 1752 $2,000 $1.14 17d 1 0.76mi
4120 Erato St New Orleans, LA 3.0 2.0 2250 $1,750 $0.78 24d 1 0.77mi
3737 Nashville Ave New Orleans, LA 4.0 2.0 2000 $3,400 $1.70 21d 1 0.78mi
2123 S Liberty St Unit 2125 New Orleans, LA 3.0 2.0 1500 $2,100 $1.40 3d 1 0.80mi
2308 Jena St New Orleans, LA 3.0 2.5 2550 $3,300 $1.29 44d 1 0.82mi
2625 Jefferson Ave New Orleans, LA 4.0 2.0 2000 $2,600 $1.30 44d 1 0.83mi
2427 Soniat St New Orleans, LA 3.0 2.0 1500 $2,750 $1.83 17d 1 0.83mi
2425 Soniat St New Orleans, LA 3.0 2.5 1500 $2,850 $1.90 12d 1 0.83mi
4435 Loyola Ave New Orleans, LA 3.0 2.0 1973 $2,900 $1.47 16d 1 0.86mi
2403 S Saratoga St New Orleans, LA 3.0 2.5 1600 $2,500 $1.56 24d 1 0.87mi
3180 State Street Dr New Orleans, LA 3.0 2.0 1600 $1,900 $1.19 10d 1 0.88mi
2520 Jefferson Ave New Orleans, LA 2.0 1.0 1500 $1,800 $1.20 24d 1 0.89mi
3212 Danneel St New Orleans, LA 3.0 2.0 1945 $2,000 $1.03 24d 1 0.89mi
3816 State Street Dr New Orleans, LA 2.0 2.0 2828 $2,250 $0.80 16d 1 0.89mi
2318 Martin Luther King Junior Blvd New Orleans, LA 3.0 2.0 1400 $1,700 $1.21 24d 1 0.89mi

Listing history 27 events

  1. 2026-06-18
    days on market $295,000 Active 696 DOM
  2. 2026-06-17
    days on market $295,000 Active 695 DOM
  3. 2026-06-16
    days on market $295,000 Active 694 DOM
  4. 2026-06-15
    days on market $295,000 Active 693 DOM
  5. 2026-06-13
    days on market $295,000 Active 691 DOM
  6. 2026-06-10
    days on market $295,000 Active 688 DOM
  7. 2026-06-09
    days on market $295,000 Active 687 DOM
  8. 2026-06-08
    days on market $295,000 Active 686 DOM
  9. 2026-06-07
    days on market $295,000 Active 685 DOM
  10. 2026-06-05
    days on market $295,000 Active 682 DOM
  11. 2026-06-03
    days on market $295,000 Active 681 DOM
  12. 2026-06-02
    days on market $295,000 Active 680 DOM
  13. 2026-06-01
    days on market $295,000 Active 679 DOM
  14. 2026-05-31
    days on market $295,000 Active 678 DOM
  15. 2026-03-03
    historical $1,295
  16. 2026-01-21
    price $1,295
  17. 2025-10-29
    listed $1,325
  18. 2025-08-13
    price $295,000 1209-char remark
    Show marketing remark (1212 chars)

    Bank owned property to be sold as-is, where-is. Three (3) plex available in a well-established neighborhood with close proximity to Tulane and Loyola. Units are all spacious. The bottom floor is a 2 bedroom, 1 bath. The top 2 floors are 3 bedroom, 1 bath. All three units are fully occupied and the current gross monthly income is $4,095. Unit 100 generates $1,295 monthly Unit 200 generates $1,250 monthly Unit 300 generates $1,550 monthly Property is located in an AE Flood Zone. Property is eligible for State Historic Tax Credits, allowing 25% of qualified renovation costs recoupable. A new property management company has been assigned and are currently in the process of making repairs to the property. The Property Manager can transfer services to new owner. All leases are month to month but long-term leases could be put in place. Healthy Home applications have been applied for. New HVAC's installed. Minimal 24 hour notice must be given with showings. Please send offer and pre-approval letter with request for showing of occupied units. All measurements and information deemed reliable but not guaranteed and should be verified by buyer. No disclosures available as this is a bank owned property.

  19. 2025-08-13
    price $295,000 1212-char remark
    Show marketing remark (1212 chars)

    Bank owned property to be sold as-is, where-is. Three (3) plex available in a well-established neighborhood with close proximity to Tulane and Loyola. Units are all spacious. The bottom floor is a 2 bedroom, 1 bath. The top 2 floors are 3 bedroom, 1 bath. All three units are fully occupied and the current gross monthly income is $4,095. Unit 100 generates $1,295 monthly Unit 200 generates $1,250 monthly Unit 300 generates $1,550 monthly Property is located in an AE Flood Zone. Property is eligible for State Historic Tax Credits, allowing 25% of qualified renovation costs recoupable. A new property management company has been assigned and are currently in the process of making repairs to the property. The Property Manager can transfer services to new owner. All leases are month to month but long-term leases could be put in place. Healthy Home applications have been applied for. New HVAC's installed. Minimal 24 hour notice must be given with showings. Please send offer and pre-approval letter with request for showing of occupied units. All measurements and information deemed reliable but not guaranteed and should be verified by buyer. No disclosures available as this is a bank owned property.

  20. 2024-07-22
    listed $330,000 Active 1209-char remark
    Show marketing remark (1212 chars)

    Bank owned property to be sold as-is, where-is. Three (3) plex available in a well-established neighborhood with close proximity to Tulane and Loyola. Units are all spacious. The bottom floor is a 2 bedroom, 1 bath. The top 2 floors are 3 bedroom, 1 bath. All three units are fully occupied and the current gross monthly income is $4,095. Unit 100 generates $1,295 monthly Unit 200 generates $1,250 monthly Unit 300 generates $1,550 monthly Property is located in an AE Flood Zone. Property is eligible for State Historic Tax Credits, allowing 25% of qualified renovation costs recoupable. A new property management company has been assigned and are currently in the process of making repairs to the property. The Property Manager can transfer services to new owner. All leases are month to month but long-term leases could be put in place. Healthy Home applications have been applied for. New HVAC's installed. Minimal 24 hour notice must be given with showings. Please send offer and pre-approval letter with request for showing of occupied units. All measurements and information deemed reliable but not guaranteed and should be verified by buyer. No disclosures available as this is a bank owned property.

  21. 2024-07-22
    listed $330,000 Active 1212-char remark
    Show marketing remark (1212 chars)

    Bank owned property to be sold as-is, where-is. Three (3) plex available in a well-established neighborhood with close proximity to Tulane and Loyola. Units are all spacious. The bottom floor is a 2 bedroom, 1 bath. The top 2 floors are 3 bedroom, 1 bath. All three units are fully occupied and the current gross monthly income is $4,095. Unit 100 generates $1,295 monthly Unit 200 generates $1,250 monthly Unit 300 generates $1,550 monthly Property is located in an AE Flood Zone. Property is eligible for State Historic Tax Credits, allowing 25% of qualified renovation costs recoupable. A new property management company has been assigned and are currently in the process of making repairs to the property. The Property Manager can transfer services to new owner. All leases are month to month but long-term leases could be put in place. Healthy Home applications have been applied for. New HVAC's installed. Minimal 24 hour notice must be given with showings. Please send offer and pre-approval letter with request for showing of occupied units. All measurements and information deemed reliable but not guaranteed and should be verified by buyer. No disclosures available as this is a bank owned property.

  22. 2023-05-04
    listed $475,000
  23. 2013-08-10
    listed $300,000
  24. 2013-08-10
    listed $300,000
  25. 2008-01-11
    soldstatus $60,000
  26. 2007-12-03
    listed $60,000
  27. 2007-12-03
    listed $60,000

ⓘ 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
$2,216 · $185/mo
Projected year-2 tax
$2,216 · $185/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
$56,760
− Mortgage interest
−$16,525
− Property taxes
−$2,216
− Insurance
−$6,594
− Repairs & maintenance
−$4,541
− Management
−$4,541
− Depreciation
−$8,582
Taxable income
$13,763
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,303
After-tax cash flow
$14,164/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

-97.8% since first listed
13 events — show timeline
  • 2026-03-03 Rental Removed $1,295 GSREIN
  • 2026-01-21 Price Changed $1,295 GSREIN
  • 2025-10-29 Listed for Rent $1,325 GSREIN
  • 2025-08-13 Price Changed $295,000 AcadianaMLS
  • 2025-08-13 Price Changed $295,000 GSREIN
  • 2024-07-22 Listed $330,000 GSREIN
  • 2024-07-22 Listed $330,000 AcadianaMLS
  • 2023-05-04 Listed $475,000 AcadianaMLS
  • 2013-08-10 Listed $300,000 GSREIN
  • 2013-08-10 Listed $300,000 AcadianaMLS
  • 2008-01-11 Sold (MLS) $60,000 GSREIN
  • 2007-12-03 Listed $60,000 AcadianaMLS
  • 2007-12-03 Listed $60,000 GSREIN

Property tax history

+0.9%/yr

Latest (2026): $2,216 · +4.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…