1128-30 Clouet St · New Orleans, LA 70117

$199,000

4 bd · 2.0 ba · 1,988 sqft · MultiFamily public records · 90 Days on market

Built 1927 3,628 sqft lot $100/sqft · 51% below area

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Why this score? — see what drove the B- grade

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

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

Key facts

• Fenced-in back yard
• Gated driveway
• Walkable to cafes

Tags

• CORNER LOT
• GATED DRIVEWAY
• FENCED-IN BACK YARD
• LUSH GREEN SURROUNDINGS
• WALKABLE TO RESTAURANTS
• WALKABLE TO CAFES

🏷️ Possibly a rental listed for sale. The $199,000 price doesn't fit this home's estimated sale value (~$404,265) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath multifamily listed at $199k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $199k).
• Recommended offer: $187k (6.0% 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 rising (+2.5%/yr); 587 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 $3,191/mo this rent would consume 84% of the median local household income ($46k/yr) (locally 1988% 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 $6k 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 + 2.5% rent growth), your $56k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 19y ago; this cycle's ask is 99900% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $170k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1927 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,060 (6.0% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — 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 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: 13.90%
• Cash-on-cash: 27.15%
• DSCR: 2.21
• GRM: 5.2

CMA / ARV

• ARV (median comp): $404,265
• List price: $199,000
• Delta: -50.77%
• 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
939 Piety St	0.24mi	4/2.5	2,022 (+2%)	1mo	$409,000	$202	83
827-829 St Ferdinand St	0.33mi	4/2.0	2,019 (+2%)	2mo	$450,000	$223	80
3313 15 St Claude Ave	0.21mi	4/3.0	1,850 (-7%)	1mo	$320,000	$173	74
3129 31 N Claiborne Ave	0.32mi	4/2.0	1,806 (-9%)	3mo	$267,150	$148	68
1537-1539 Louisa St	0.32mi	4/2.0	1,778 (-11%)	6mo	$329,000	$185	62
1805 07 St Roch Ave	0.70mi	4/2.0	1,914 (-4%)	1mo	$290,000	$152	60
523-25 Spain St	0.61mi	3/3.5 (-1)	1,891 (-5%)	2mo	$280,000	$148	50
816-18 Alvar St	0.55mi	3/2.5 (-1)	1,814 (-9%)	5mo	$435,000	$240	48
4029 Royal St	0.70mi	3/3.0 (-1)	2,056 (+3%)	5mo	$487,000	$237	48
832 36 Mandeville St	0.63mi	3/3.0 (-1)	1,851 (-7%)	4mo	$294,000	$159	47
1220 22 Mazant St	0.61mi	3/2.0 (-1)	2,184 (+10%)	5mo	$325,000	$149	46
720 Port St	0.44mi	4/4.0	1,700 (-14%)	6mo	$365,000	$215	42

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 · 2.49% rent growth · sell at horizon

5-year hold

• IRR: 18.8%
• Equity multiple: 1.76×
• Total profit: $42,206
• Equity at exit: $29,672

10-year hold

• IRR: 26.8%
• Equity multiple: 3.30×
• Total profit: $128,154
• Equity at exit: $17,206

Cash invested: $55,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

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

Methodology + full state rankings →

ZIP-level market 70117

• Rents YoY: 2.5%
• Active inventory: 587
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $3,191 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$134 /mo · $1,604/yr
• Insurance: −$83
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$670
• Net cashflow: $1,194

Break-even live

Break-even rent $1,679

Max offer price $199,000

Occupancy floor 58%

Sensitivity live

Price	-10% $1,307	-5% $1,251	+0% $1,194	+5% $1,138	+10% $1,082
Rent	-10% $942	-5% $1,068	+0% $1,194	+5% $1,320	+10% $1,446
Rate	-1.0pp $1,294	-0.5pp $1,245	base $1,194	+0.5pp $1,143	+1.0pp $1,090

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$3,192
Total (2 units)			$3,191

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1231 Feliciana St New Orleans, LA	3.0	2.5	1869	$2,750	$1.47	45d	1	0.10mi
1038 Montegut St New Orleans, LA	3.0	2.5	2250	$4,200	$1.87	45d	1	0.13mi
1038 Montegut St New Orleans, LA	3.0	2.5	2250	$4,200	$1.87	25d	1	0.13mi
3221 Saint Claude Ave New Orleans, LA	3.0	1.0	1900	$1,650	$0.87	25d	1	0.14mi
3134 Burgundy St New Orleans, LA	3.0	2.0	1887	$2,900	$1.54	25d	1	0.20mi
5624-5626 Saint Claude ST New Orleans, LA	4.0	3.0	1521	$2,300	$1.51	25d	1	0.34mi
1437 Gallier St New Orleans, LA	3.0	2.0	1451	$1,875	$1.29	22d	1	0.38mi
1325 Pauline St New Orleans, LA	3.0	2.0	1792	$2,250	$1.26	4d	1	0.46mi
1325 Pauline St New Orleans, LA	3.0	2.0	1792	$2,250	$1.26	4d	1	0.46mi
1323 Pauline St New Orleans, LA	3.0	2.0	1792	$2,250	$1.26	4d	1	0.46mi
1835 Louisa St New Orleans, LA	3.0	2.5	1800	$2,350	$1.31	4d	1	0.55mi
1839 Louisa St New Orleans, LA	3.0	2.0	1500	$2,095	$1.40	17d	1	0.56mi
2320 N Rampart St New Orleans, LA	3.0	3.0	2317	$3,700	$1.60	45d	1	0.65mi
2317 N Rampart St Unit 1272378P New Orleans, LA	3.0–6.0	2.0–4.0	1581	$4,154	$2.63	4d	2	0.65mi
2322 Burgundy St Unit C New Orleans, LA	3.0	2.0	1250	$2,200	$1.76	25d	1	0.65mi
632 Mandeville St Unit 2B New Orleans, LA	4.0	4.5	1337	$4,500	$3.37	18d	1	0.66mi
1411 France St New Orleans, LA	3.0	2.0	1525	$2,000	$1.31	25d	1	0.70mi
2028 Desire St New Orleans, LA	3.0	1.0	1300	$1,300	$1.00	25d	1	0.71mi
2019 Gallier St New Orleans, LA	4.0	2.0	1400	$2,200	$1.57	25d	1	0.72mi
4317 Urquhart St New Orleans, LA	3.0	2.0	1300	$1,650	$1.27	25d	1	0.76mi
1403 Lesseps St New Orleans, LA	3.0	3.0	1700	$1,800	$1.06	13d	1	0.76mi
4230 N Claiborne Ave New Orleans, LA	3.0	2.5	1296	$1,750	$1.35	25d	1	0.78mi
4318 1/2 N Robertson St New Orleans, LA	3.0	1.0	1250	$1,150	$0.92	4d	1	0.79mi
4318 N Robertson St New Orleans, LA	3.0	1.0	1250	$1,150	$0.92	4d	1	0.79mi
2331 Feliciana St New Orleans, LA	3.0	2.0	1250	$1,850	$1.48	25d	1	0.90mi
2220 N Prieur St New Orleans, LA	3.0	2.0	1334	$2,000	$1.50	25d	1	0.96mi
1418 Royal St Unit 1418 New Orleans, LA	4.0	2.0	1300	$2,450	$1.88	25d	1	0.97mi
119 Vallette St New Orleans, LA	3.0	2.5	1500	$2,100	$1.40	25d	1	0.97mi
2228 Arts St New Orleans, LA	3.0	2.0	2270	$1,675	$0.74	4d	1	0.97mi
2115 Mandeville St New Orleans, LA	3.0	2.0	1400	$1,650	$1.18	25d	1	1.02mi
249 Vallette St New Orleans, LA	4.0	2.0	1734	$2,500	$1.44	17d	1	1.05mi
928 Kerlerec St New Orleans, LA	3.0	3.5	1684	$2,750	$1.63	4d	1	1.08mi
928 Kerlerec St New Orleans, LA	3.0	3.5	1684	$2,750	$1.63	4d	1	1.08mi
336 Elmira Ave New Orleans, LA	3.0	1.0	1250	$1,825	$1.46	25d	1	1.09mi
2107 Elysian Fields Ave New Orleans, LA	4.0	2.0	1794	$1,650	$0.92	4d	1	1.09mi
1837 Touro St New Orleans, LA	3.0	1.0	1994	$2,000	$1.00	25d	1	1.10mi
1217 Kerlerec St Unit B New Orleans, LA	3.0	1.0	1300	$2,100	$1.62	4d	1	1.20mi
734 Ursulines Ave New Orleans, LA	3.0	2.0	1340	$2,800	$2.09	45d	1	1.20mi
1245 Kerlerec St New Orleans, LA	3.0	2.0	1500	$2,500	$1.67	45d	1	1.23mi
1247 Kerlerec St New Orleans, LA	3.0	2.0	1500	$2,500	$1.67	45d	1	1.23mi

Listing history 19 events

1. 2026-05-19
   status Active 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

2. 2026-05-19
   status Active 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

3. 2026-05-18
   historical 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

4. 2026-05-07
   status Active 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

5. 2026-05-07
   status Active 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

6. 2026-04-07
   historical 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

7. 2026-01-27
   price $199,000 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

8. 2026-01-27
   listed $199,000 Active 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

9. 2026-01-27
   listed $199 Active 876-char remark

   Show marketing remark (876 chars)

   Exuding historic charm, this double shot gun property is on a corner lot with gated driveway and is located in a prime Bywater historical district location just off St. Claude Avenue. The light-filled rooms showcase stunning wood floors and architectural features throughout. Additional features include in a delightful fenced-in back yard with driveway amidst lush green surroundings. Enjoy this prime location in the vibrant neighborhood, walkable to world-class restaurants, cafes, bars, shops, entertainment, Mardi Gras parades, and more. Welcome home! Also a great project for investors and renovators, this neighborhood qualifies for 100% financing product and up to $6,000 in grant funds available. The left side is currently occupied, rented on a month-to-month basis for below market at $930/month, need 24 hour notice to view. Right side unoccupied and easy to show.

10. 2025-10-25
    price $209,000
11. 2025-10-25
    price $209,000
12. 2025-07-23
    listed $229,000 Active
13. 2018-01-16
    soldstatus $170,000
14. 2017-03-31
    listed $180,000
15. 2013-09-18
    listed $150,000
16. 2010-12-07
    listed $80,000
17. 2009-08-08
    listed $57,500
18. 2007-06-06
    listed $79,900
19. 1985-12-11
    soldstatus $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: $1,604 · $134/mo
• Projected year-2 tax: $1,604 · $134/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 7/10 Severe FEMA zone X · 60% 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,292
• − Mortgage interest: −$11,147
• − Property taxes: −$1,604
• − Insurance: −$1,792
• − Repairs & maintenance: −$3,063
• − Management: −$3,063
• − Depreciation: −$5,789
• Taxable income: $11,833
• Est. tax owed @ 24.0%: −$2,840
• After-tax cash flow: $11,491/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): 25,652
• Household income: $45,764
• Rent vs Own: 47.8% rent · 52.2% own
• Severe rent burden: 1988.0

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: Majority Black (60%)
• Race & ethnicity: Black 60% White 30% Two or more races 6% Hispanic / Latino 5%
• Common ancestry: Lithuanian 5% Italian 1% Romanian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 93% English-only · Spanish 3% Other Indo-European 1% French/Haitian/Cajun 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: ▼ -177.22%
• Current HPI: 184.6061
• Rent YoY: ▲ 2.49%
• 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

+231.7% since first listed

19 events — show timeline

• 2026-05-19 Relisted — AcadianaMLS
• 2026-05-19 Relisted — GSREIN
• 2026-05-18 Listing Removed — GSREIN
• 2026-05-07 Relisted — AcadianaMLS
• 2026-05-07 Relisted — GSREIN
• 2026-04-07 Listing Removed — GSREIN
• 2026-01-27 Price Changed $199,000 GSREIN
• 2026-01-27 Listed $199 GSREIN
• 2026-01-27 Listed $199,000 AcadianaMLS
• 2025-10-25 Price Changed $209,000 AcadianaMLS
• 2025-10-25 Price Changed $209,000 GSREIN
• 2025-07-23 Listed $229,000 AcadianaMLS
• 2018-01-16 Sold (Public Records) $170,000 Public Records
• 2017-03-31 Listed $180,000 AcadianaMLS
• 2013-09-18 Listed $150,000 AcadianaMLS
• 2010-12-07 Listed $80,000 AcadianaMLS
• 2009-08-08 Listed $57,500 AcadianaMLS
• 2007-06-06 Listed $79,900 AcadianaMLS
• 1985-12-11 Sold (Public Records) $60,000 Public Records

Property tax history

-3.5%/yr

Latest (2026): $1,604 · -5.2% YoY. Source: county tax records.