Multi-family
2245 St Claude Ave · New Orleans, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
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 +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
- Schools +2.2/10.0
- Condition / age +1.0/5.0
- Appreciation +0.0/10.0
$259,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
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
LOCATION IS SUPER! Developmental Mixed-Use property available for acquisition at 2245 St Claude Ave. Located just a block and a half from the bustling intersection of St. Claude Avenue and Elysian Fields, this distinctive property offers a strategic development opportunity in a high-traffic corridor, providing a chance to establish a presence in one of the city's most dynamic commercial districts. The site features approximately 32 feet of frontage along the vibrant St Claude Avenue and includes +-3,600 SF of existing improvements sited on +-2,880 SF of land. The property is zoned HMC-2 (Historic Marigny/Treme/Bywater Commercial District) allowing for a multitude of uses. All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning, Overlays, and Intended Use are to be verified by the purchaser. Property to be sold in "as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents. 2245 St. Claude Avenue is eligible for both Federal and State Historic Tax Credits which could recoup up to 45% of qualified rehabilitation costs.
Key facts
- Mixed-use property
- 32 feet of frontage
- Zoned hmc-2
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a multifamily listed at $259k. Condition is rated poor.
Deal economics
- At list price, monthly cash flow is $2k ($27k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $259k).
- Recommended offer: $228k (12.0% below list) — sets the bar for market timing.
- Cap rate 16.6% 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.
- Zoned schools: Benjamin Franklin Elem. Math And Science (math 12% / reading 23%, grade F, #479 of 646 statewide, top 75%, 747 students, 98% FRL, charter) — zoned schools average 98% FRL vs 68% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+2.5%/yr); 643 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 53d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% 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 $5,082/mo this rent would consume 133% of the median local household income ($46k/yr) — 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 $8k 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 $73k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 502 days — a 12% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $340k (57%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1870 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 502 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1870 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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 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
- 1.96% ✓
- Cap rate
- 16.60%
- Cash-on-cash
- 36.81%
- DSCR
- 2.64
- GRM
- 4.2
CMA / ARV
- ARV (median comp)
- $737,656
- List price
- $259,000
- Delta
- -64.89%
- 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 |
|---|---|---|---|---|---|---|---|
| 920 Frenchmen St | 0.23mi | 7/5.0 | 3,685 (+2%) | 1mo | $724,374 | $197 | 85 |
| 716 Marigny St | 0.27mi | 4/3.5 | 3,624 (+1%) | 14mo | $720,000 | $199 | 74 |
| 2412 N Rampart St | 0.14mi | 7/5.0 | 3,891 (+8%) | 8mo | $1,200,000 | $308 | 73 |
| 2259-2261 N Derbigny St | 0.41mi | 5/4.0 | 3,696 (+3%) | 17mo | $340,000 | $92 | 63 |
| 2231 Royal St | 0.29mi | 6/6.0 | 3,400 (-6%) | 18mo | $725,000 | $213 | 63 |
| 1328 Esplanade Ave | 0.69mi | 5/5.0 | 3,579 (-1%) | 8mo | $960,000 | $268 | 60 |
| 1241 Kerlerec St | 0.55mi | 6/6.0 | 3,507 (-3%) | 13mo | $555,000 | $158 | 59 |
| 1416 18 Franklin Ave | 0.42mi | 8/8.5 | 3,780 (+5%) | 17mo | $75,000 | $20 | 58 |
| 1506-08 Spain St | 0.29mi | 8/4.0 | 3,224 (-10%) | 15mo | $205,000 | $64 | 57 |
| 730 32 Frenchmen St | 0.32mi | 6/5.0 | 4,128 (+15%) | 11mo | $625,000 | $151 | 52 |
| 1311 13 Governor Nicholls St | 0.71mi | 8/4.0 | 3,956 (+10%) | 0mo | $250,000 | $63 | 50 |
| 2032-34 Elysian Fields Ave | 0.67mi | 8/4.0 | 3,336 (-7%) | 17mo | $310,000 | $93 | 43 |
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
- IRR
- 32.1%
- Equity multiple
- 2.34×
- Total profit
- $97,207
- Equity at exit
- $38,618
- IRR
- 38.9%
- Equity multiple
- 4.54×
- Total profit
- $256,873
- Equity at exit
- $22,394
Cash invested: $72,520 (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
Active competition Active MLS
- For sale now
- 41 active · 6 under contract
- Months of supply
- 17.6 mo (6%/mo absorbed)
- Median asking
- $539,000 ($178/sqft)
- Median days on market
- 93 d
- This list price
- 7% of active listings are priced below it
- ARV vs active asking
- +15.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 70117
- Rents YoY
- 2.5%
- Active inventory
- 643
- Price-to-rent
- 4.2×
Monthly cashflow live
- Estimated rent
- $5,082 high interval (Pro) →
- Mortgage (P&I)
- −$1,358
- Tax est. 1.5%
- −$324 /mo · $3,885/yr
- Insurance
- −$108
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$1,067
- Net cashflow
- $2,225
Break-even live
Sensitivity live
| Price | -10% $2,404 | -5% $2,314 | +0% $2,225 | +5% $2,135 | +10% $2,046 |
|---|---|---|---|---|---|
| Rent | -10% $1,823 | -5% $2,024 | +0% $2,225 | +5% $2,425 | +10% $2,626 |
| Rate | -1.0pp $2,355 | -0.5pp $2,291 | base $2,225 | +0.5pp $2,158 | +1.0pp $2,089 |
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
- $64,750
- Closing costs
- $7,770
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2317 N Rampart St Unit 1272378P New Orleans, LA | 3.0–6.0 | 2.0–4.0 | 1581 | $2,165 | $1.37 | 52d | 2 | 0.09mi |
| 2320 N Rampart St New Orleans, LA | 3.0 | 3.0 | 2317 | $3,700 | $1.60 | 93d | 1 | 0.11mi |
| 2221 Burgundy St Apt B New Orleans, LA | 1.0 | 1.0 | 597 | $1,295 | $2.17 | 32d | 1 | 0.16mi |
| 2221 Burgundy St Unit A New Orleans, LA | 1.0 | 1.0 | 810 | $1,395 | $1.72 | 52d | 1 | 0.16mi |
| 2322 Burgundy St Unit C New Orleans, LA | 3.0 | 2.0 | 1250 | $2,200 | $1.76 | 72d | 1 | 0.18mi |
| 2104 Marais St Unit 2106 New Orleans, LA | 2.0 | 2.0 | 936 | $2,000 | $2.14 | 72d | 1 | 0.18mi |
| 1134 Frenchmen St New Orleans, LA | 2.0 | 1.0 | 900 | $1,200 | $1.33 | 16d | 1 | 0.20mi |
| 1134 Frenchmen St New Orleans, LA | 2.0 | 1.0 | 900 | $1,550 | $1.72 | 52d | 1 | 0.20mi |
| 1136 Frenchmen St New Orleans, LA | 2.0 | 1.0 | 1800 | $1,650 | $0.92 | 72d | 1 | 0.20mi |
| 1136 Frenchmen St New Orleans, LA | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 16d | 1 | 0.20mi |
| 1136 Frenchmen St New Orleans, LA | 2.0 | 1.0 | 1000 | $1,550 | $1.55 | 52d | 1 | 0.20mi |
| 2108 Urquhart St New Orleans, LA | 1.0 | 1.0 | 625 | $1,550 | $2.48 | 16d | 1 | 0.21mi |
| 2108 Urquhart St New Orleans, LA | 1.0 | 1.0 | 625 | $1,550 | $2.48 | 72d | 1 | 0.21mi |
| 2103 Urquhart St New Orleans, LA | 2.0 | 1.0 | 940 | $1,299 | $1.38 | 72d | 1 | 0.21mi |
| 1239 Saint Roch Ave New Orleans, LA | 2.0 | 2.0 | 1500 | $2,150 | $1.43 | 52d | 1 | 0.21mi |
| 1301 Frenchmen St Unit 2B New Orleans, LA | 2.0 | 1.0 | 940 | $1,299 | $1.38 | 72d | 1 | 0.22mi |
| 1301 Frenchmen St Unit 2103 New Orleans, LA | 2.0 | 1.0 | 940 | $1,299 | $1.38 | 41d | 1 | 0.22mi |
| 2411 Dauphine St New Orleans, LA | 2.0 | 1.0 | 925 | $1,650 | $1.78 | 16d | 1 | 0.22mi |
| 2431 Dauphine St New Orleans, LA | 1.0 | 1.0 | 544 | $2,100 | $3.86 | 52d | 1 | 0.23mi |
| 2431 Dauphine St New Orleans, LA | 1.0 | 1.0 | 544 | $1,700 | $3.12 | 32d | 1 | 0.23mi |
| 1435 Marigny St New Orleans, LA | 3.0 | 1.0 | 800 | $1,300 | $1.62 | 72d | 1 | 0.24mi |
| 1327 Frenchmen St Unit B New Orleans, LA | 2.0 | 2.5 | 1175 | $1,900 | $1.62 | 72d | 1 | 0.24mi |
| 2021 Burgundy St New Orleans, LA | 1.0 | 1.0 | 800 | $1,650 | $2.06 | 72d | 1 | 0.27mi |
| 722 Spain St Unit 1A New Orleans, LA | 2.0 | 2.0 | — | $1,875 | — | 52d | 1 | 0.27mi |
| 720 Spain St Apt 2B New Orleans, LA | 2.0 | 2.0 | — | $1,875 | — | 27d | 1 | 0.28mi |
| 720 Spain St Unit 2A New Orleans, LA | 1.0 | 1.0 | — | $1,450 | — | 27d | 1 | 0.28mi |
| 720 Spain St Unit 1A New Orleans, LA | 2.0 | 2.0 | 900 | $1,875 | $2.08 | 72d | 1 | 0.28mi |
| 1940 N Rampart St Unit 101 New Orleans, LA | 2.0 | 2.0 | 1150 | $2,500 | $2.17 | 93d | 1 | 0.29mi |
| 727 Saint Roch Ave New Orleans, LA | 2.0 | 1.0 | 1054 | $2,300 | $2.18 | 41d | 1 | 0.31mi |
| 2025 Dauphine St New Orleans, LA | 1.0 | 1.0 | 800 | $1,600 | $2.00 | 66d | 1 | 0.31mi |
| 633 Mandeville St Unit B New Orleans, LA | 2.0 | 1.0 | 860 | $2,000 | $2.33 | 26d | 1 | 0.31mi |
| 1909 Pauger St New Orleans, LA | 2.0 | 1.0 | 868 | $1,300 | $1.50 | 72d | 1 | 0.32mi |
| 1910 N Rampart St New Orleans, LA | 2.0 | 1.0 | 1450 | $1,995 | $1.38 | 52d | 1 | 0.32mi |
| 2020 Dauphine St New Orleans, LA | 1.0 | 1.0 | 300 | $1,300 | $4.33 | 72d | 1 | 0.33mi |
| 1022 Port St New Orleans, LA | 1.0 | 1.0 | 789 | $1,100 | $1.39 | 52d | 1 | 0.33mi |
| 2625 Burgundy St Unit A New Orleans, LA | 2.0 | 1.0 | 803 | $1,650 | $2.05 | 72d | 1 | 0.33mi |
| 822 Touro St #1 New Orleans, LA | 1.0 | 1.0 | 580 | $1,300 | $2.24 | 32d | 1 | 0.33mi |
| 1603 Marigny St New Orleans, LA | 3.0 | 2.0 | 988 | $1,099 | $1.11 | 52d | 1 | 0.33mi |
| 1601 Marigny St Unit 1603 New Orleans, LA | 3.0 | 2.0 | 988 | $1,099 | $1.11 | 52d | 1 | 0.33mi |
| 718 Frenchmen St #10 New Orleans, LA | 1.0 | 1.0 | 480 | $1,300 | $2.71 | 16d | 1 | 0.34mi |
Listing history 50 events
-
2026-08-08days on market $259,000 Active 502 DOM
-
2026-08-07days on market $259,000 Active 501 DOM
-
2026-08-06days on market $259,000 Active 500 DOM
-
2026-08-05days on market $259,000 Active 499 DOM
-
2026-08-04days on market $259,000 Active 498 DOM
-
2026-08-03days on market $259,000 Active 497 DOM
-
2026-07-31days on market $259,000 Active 494 DOM
-
2026-07-30days on market $259,000 Active 492 DOM
-
2026-07-28days on market $259,000 Active 491 DOM
-
2026-07-24days on market $259,000 Active 487 DOM
-
2026-07-23days on market $259,000 Active 486 DOM
-
2026-07-22days on market $259,000 Active 485 DOM
-
2026-07-21days on market $259,000 Active 484 DOM
-
2026-07-20days on market $259,000 Active 483 DOM
-
2026-07-18days on market $259,000 Active 481 DOM
-
2026-07-18days on market $259,000 Active 480 DOM
-
2026-07-16days on market $259,000 Active 479 DOM
-
2026-07-15days on market $259,000 Active 478 DOM
-
2026-07-14days on market $259,000 Active 477 DOM
-
2026-07-13days on market $259,000 Active 476 DOM
-
2026-07-13days on market $259,000 Active 475 DOM
-
2026-07-11days on market $259,000 Active 474 DOM
-
2026-07-10days on market $259,000 Active 473 DOM
-
2026-07-09days on market $259,000 Active 472 DOM
-
2026-07-07days on market $259,000 Active 470 DOM
-
2026-07-06days on market $259,000 Active 469 DOM
-
2026-07-06days on market $259,000 Active 468 DOM
-
2026-07-03days on market $259,000 Active 466 DOM
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2026-07-02days on market $259,000 Active 465 DOM
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2026-07-01days on market $259,000 Active 464 DOM
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2026-06-30days on market $259,000 Active 463 DOM
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2026-06-29days on market $259,000 Active 462 DOM
-
2026-06-28days on market $259,000 Active 461 DOM
-
2026-06-27days on market $259,000 Active 460 DOM
-
2026-06-27days on market $259,000 Active 459 DOM
-
2026-06-25pricedays on market $259,000 Active 457 DOM
-
2026-06-21days on market $299,000 Active 454 DOM
-
2026-06-18days on market $299,000 Active 451 DOM
-
2026-06-17status $299,000 Active 450 DOM
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2026-06-17days on market $299,000 Active Under Contract 450 DOM
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2026-06-16days on market $299,000 Active Under Contract 449 DOM
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2026-06-15days on market $299,000 Active Under Contract 448 DOM
-
2026-06-13days on market $299,000 Active Under Contract 446 DOM
-
2026-06-10days on market $299,000 Active Under Contract 443 DOM
-
2026-06-09days on market $299,000 Active Under Contract 442 DOM
-
2026-06-08days on market $299,000 Active Under Contract 441 DOM
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2026-06-07days on market $299,000 Active Under Contract 440 DOM
-
2026-06-05days on market $299,000 Active Under Contract 437 DOM
-
2026-06-03days on market $299,000 Active Under Contract 436 DOM
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2026-06-02days on market $299,000 Active Under Contract 435 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $60,981
- − Mortgage interest
- −$14,508
- − Property taxes
- −$3,885
- − Insurance
- −$1,295
- − Repairs & maintenance
- −$4,879
- − Management
- −$4,879
- − Depreciation
- −$7,535
- Taxable income
- $24,002
- Est. tax owed @ 24.0%
- −$5,760
- After-tax cash flow
- $20,936/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.
Condition & rehab AI · 12 photos
This property requires extensive renovation and repairs to bring it up to code and improve its value for resale and rental.
Repairs flagged
- Major Exposed framing in kitchen and bathrooms — Structural integrity compromised.
- Major Missing cabinets and countertops in kitchen — Basic functionality lost.
- Major Exposed framing in bathrooms — Structural integrity compromised.
- Major Missing fixtures and flooring in bathrooms — Basic functionality lost.
- Major Peeling paint and missing siding — Aesthetic and structural issues.
- Major Exposed subflooring and missing flooring — Basic functionality lost.
- Major Exposed framing and missing drywall — Structural integrity compromised.
- Major Exposed framing and missing glass in windows — Structural integrity compromised.
- Major Exposed framing and missing components in HVAC/mechanicals — Basic functionality lost.
- Major Overgrown vegetation and missing landscaping — Curb appeal compromised.
Value-add opportunities
- Both Kitchen renovation — Modern kitchen with appliances and cabinetry would attract buyers and renters. ↑
- Both Bathroom renovation — Modern bathrooms with fixtures and flooring would attract buyers and renters. ↑
- Both Exterior painting and siding repair — Improved curb appeal and structural integrity. ↑
- Both Flooring replacement — Improved functionality and aesthetic appeal. ↑
- Both Drywall repair and painting — Improved structural integrity and aesthetic appeal. ↑
- Both Window repair and replacement — Improved structural integrity and natural light. ↑
- Both HVAC maintenance and replacement — Improved comfort and energy efficiency. ↑
- Both Landscaping and yard maintenance — Improved curb appeal and property value. ↑
ⓘ Rehab cost is a screening estimate — Extensive scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 513,025 people
- City population
- 338,817
- Metro
- New Orleans-Metairie, LA
- Population (ZIP)
- 25,652
- Household income
- $45,764
- Rent vs Own
- Severe rent burden
- 13% of renters
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 |
|
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| Advertising | 1 | $2B |
|
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Price history
-50.1% since first listed12 events — show timeline
- 2026-04-07 Price Changed $299,000 AcadianaMLS
- 2026-04-07 Price Changed $299,000 GSREIN
- 2026-02-12 Price Changed $399,000 AcadianaMLS
- 2026-02-12 Price Changed $399,000 GSREIN
- 2025-07-25 Price Changed $469,000 AcadianaMLS
- 2025-07-25 Price Changed $469,000 GSREIN
- 2025-05-07 Price Changed $499,000 AcadianaMLS
- 2025-05-07 Price Changed $499,000 GSREIN
- 2025-04-14 Price Changed $525,000 AcadianaMLS
- 2025-04-14 Price Changed $525,000 GSREIN
- 2025-03-24 Listed $599,000 GSREIN
- 2025-03-24 Listed $599,000 AcadianaMLS
Cash-flow waterfall
monthlySold comps — $/sqft
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