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1511 S Liberty St
B+ Composite 79.11
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 +25.7/30.0
  • ARV discount +15.0/15.0
  • Appreciation +10.0/10.0
  • DSCR +8.6/10.0
  • 1% rule +6.0/10.0
  • Rent growth +4.0/5.0
  • Livability +4.0/5.0
  • Condition / age +4.0/5.0
  • Schools +1.8/10.0

$180,000

1511 S Liberty St · New Orleans, LA 70113
3 bd · 2.0 ba · 1,386 sqft · SingleFamily public records · 266 Days on market
Built 2004 Good condition 1,864 sqft lot $130/sqft · 44% below area Est $324k · 44% under

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

Listing remarks MLS

Charming Central City Home with Updates and Room to Grow! Welcome to this home located in the heart of Central City! This property offers the perfect mix of modern touches and classic charm. Inside, you'll find fresh paint and a bright, open layout that's great for family time or entertaining friends. This home just needs a little TLC to make it shine! With a few finishing touches, you can add instant value and create your dream space. The backyard is great for pets, gardening, or weekend barbecues. Located not far from downtown, shopping, restaurants, and public transportation, this home puts you within blocks of everything Central City has to offer. Don't miss this chance to own a beautiful home with great potential in one of the most convenient areas of town!

Key facts

  • Backyard
  • Open layout
  • 1,864 sq ft lot

Tags

OPEN LAYOUTBACKYARD

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $180k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $367 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $180k).
  • Recommended offer: $158k (12.0% below list) — sets the bar for market timing.

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 fast (+6.0%/yr); 156 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 60d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 72% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).

Forward outlook

  • In year one you build about $19k of equity ($1k loan paydown + $18k appreciation (10.0% local appreciation)).
  • Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 6.0% rent growth), your $50k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 266 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 11y ago; this cycle's ask has dropped $40k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $95k; list at $180k implies a 89% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $158,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 266 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
1.10%
Cap rate
9.19%
Cash-on-cash
10.33%
DSCR
1.46
GRM
7.6

CMA / ARV

ARV (median comp)
$323,842
List price
$180,000
Delta
-44.42%
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
2015 Martin Luther King Blvd 0.17mi 3/2.0 1,332 (-4%) 5mo $249,000 $187 82
2504 Martin Luther King Jr Blvd 0.13mi 3/2.0 1,384 (-0%) 19mo $65,000 $47 78
1819 Baronne St 0.37mi 3/2.0 1,375 (-1%) 6mo $315,000 $229 76
2725 Philip St 0.37mi 3/2.0 1,404 (+1%) 9mo $199,000 $142 74
1301 S Saratoga St 0.19mi 3/2.0 1,510 (+9%) 4mo $250,000 $166 73
1323 S Rampart St 0.21mi 3/2.0 1,477 (+7%) 11mo $275,000 $186 70
2014 Philip St 0.44mi 3/2.0 1,476 (+6%) 4mo $310,000 $210 65
2320 Second St 0.44mi 3/2.0 1,366 (-1%) 16mo $214,000 $157 64
2305 Washington Ave 0.59mi 3/2.0 1,382 (-0%) 11mo $337,000 $244 63
2321 Seventh St 0.74mi 3/2.0 1,425 (+3%) 4mo $325,000 $228 58
2410 Freret St 0.38mi 3/3.0 1,305 (-6%) 13mo $249,000 $191 58
1725 St. Andrew St Unit C 0.45mi 3/3.0 1,330 (-4%) 20mo $445,000 $335 52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 5.98% rent growth · sell at horizon

5-year hold
IRR
31.9%
Equity multiple
3.53×
Total profit
$127,529
Equity at exit
$162,158
10-year hold
IRR
28.5%
Equity multiple
8.36×
Total profit
$371,099
Equity at exit
$349,700

Cash invested: $50,400 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
38 active · 10 under contract
Months of supply
25.3 mo (4%/mo absorbed)
Median asking
$250,000 ($185/sqft)
Median days on market
98 d
This list price
29% of active listings are priced below it
ARV vs active asking
+26.4% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70113

Rents YoY
6.0%
Active inventory
156
Price-to-rent
7.6×

Monthly cashflow live

Estimated rent
$1,975 high interval (Pro) →
Mortgage (P&I)
$944
Tax from tax record
$107 /mo · $1,285/yr
Insurance
$75
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$415
Net cashflow
$367

Break-even live

Break-even rent $1,509
Max offer price $180,000
Occupancy floor 76%

Sensitivity live

Price -10% $469 -5% $418 +0% $367 +5% $316 +10% $266
Rent -10% $211 -5% $289 +0% $367 +5% $445 +10% $523
Rate -1.0pp $458 -0.5pp $413 base $367 +0.5pp $321 +1.0pp $273

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
$45,000
Closing costs
$5,400
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2318 Martin Luther King Junior Blvd New Orleans, LA 3.0 2.0 1400 $1,700 $1.21 72d 1 0.01mi
1614 Rev John Raphael Jr Way New Orleans, LA 3.0 2.0 1000 $1,500 $1.50 72d 1 0.08mi
2239 Saint Andrew St New Orleans, LA 3.0 2.0 1450 $1,875 $1.29 39d 1 0.14mi
2526 Martin Luther King Junior Blvd New Orleans, LA 3.0 2.0 1200 $2,200 $1.83 52d 1 0.15mi
2107 Erato St New Orleans, LA 2.0 2.5 1050 $1,750 $1.67 16d 1 0.20mi
2515 Erato St Unit 102 New Orleans, LA 2.0 1.0 1000 $2,100 $2.10 70d 1 0.20mi
2123 S Liberty St Unit 2125 New Orleans, LA 3.0 2.0 1500 $2,100 $1.40 52d 1 0.23mi
2123 S Liberty St Unit 2123 New Orleans, LA 4.0 2.0 1700 $2,300 $1.35 16d 1 0.23mi
2123 S Liberty St New Orleans, LA 4.0 2.0 1700 $2,400 $1.41 27d 1 0.23mi
1407 Magnolia St New Orleans, LA 3.0 2.0 1824 $1,500 $0.82 72d 1 0.24mi
2119 Josephine St New Orleans, LA 3.0 1.0 1017 $950 $0.93 70d 1 0.25mi
2722 Martin L King Bl New Orleans, LA 3.0 2.5 1350 $1,700 $1.26 25d 1 0.26mi
2032 Saint Andrew St New Orleans, LA 3.0 2.0 1035 $1,825 $1.76 41d 1 0.26mi
2102 Josephine St New Orleans, LA 4.0 2.0 1286 $2,100 $1.63 72d 1 0.28mi
2053 Jackson Ave New Orleans, LA 3.0 2.0 1330 $2,200 $1.65 16d 1 0.30mi
2818 Saint Andrew St New Orleans, LA 2.0 1.0 900 $1,550 $1.72 72d 1 0.30mi
2231 S Liberty St New Orleans, LA 3.0 3.5 1752 $2,000 $1.14 66d 1 0.31mi
1848 Felicity St New Orleans, LA 2.0 1.0 1000 $1,300 $1.30 66d 1 0.33mi
1944 Jackson Ave New Orleans, LA 3.0 2.5 1572 $2,500 $1.59 93d 1 0.37mi
1827 Baronne St Unit C New Orleans, LA 2.0 1.0 876 $1,450 $1.66 72d 1 0.38mi
1816 Saint Andrew St Unit 2A New Orleans, LA 2.0 1.0 1110 $1,625 $1.46 20d 1 0.39mi
2130 1st St New Orleans, LA 2.0 2.0 1080 $2,200 $2.04 16d 1 0.43mi
2225 2nd St New Orleans, LA 3.0 2.0 1100 $1,800 $1.64 72d 1 0.44mi
2227 Second St New Orleans, LA 2.0 2.0 1100 $1,900 $1.73 72d 1 0.45mi
2713 2nd St New Orleans, LA 2.0 2.0 1172 $1,700 $1.45 32d 1 0.45mi
2403 S Saratoga St New Orleans, LA 3.0 2.5 1600 $2,200 $1.38 46d 1 0.45mi
1915 Philip St New Orleans, LA 3.0 1.5 1300 $2,450 $1.88 72d 1 0.46mi
1809 Carondelet St Unit 1809 New Orleans, LA 2.0 2.0 1086 $2,000 $1.84 52d 1 0.46mi
1809 Carondelet St New Orleans, LA 2.0 2.0 1086 $2,200 $2.03 72d 1 0.46mi
875 O'Keefe Ave #205 New Orleans, LA 2.0 2.5 1040 $2,250 $2.16 66d 1 0.48mi
2310 Third St Unit 1 New Orleans, LA 3.0 2.0 1300 $1,800 $1.38 32d 1 0.50mi
1001 Julia St Unit 10B New Orleans, LA 2.0 2.0 1418 $6,650 $4.69 59d 1 0.52mi
822 Howard Ave Unit 1272380P New Orleans, LA 1.0–5.0 1.0–4.0 1743 $4,190 $2.40 16d 5 0.52mi
1100 Girod St Unit PHF New Orleans, LA 2.0 2.0 1380 $5,800 $4.20 72d 1 0.53mi
1643 Josephine St New Orleans, LA 1.0–3.0 1.5–2.0 896 $2,483 $2.77 16d 21 0.53mi
818 Howard Ave Unit 402 New Orleans, LA 2.0 2.0 958 $2,635 $2.75 27d 1 0.53mi
1711 Jackson Ave Unit B New Orleans, LA 2.0 2.0 1200 $1,750 $1.46 32d 1 0.53mi
814 Howard Ave Unit 102 New Orleans, LA 2.0 2.0 1160 $3,800 $3.28 72d 1 0.54mi
1100 Girod St Unit PHC New Orleans, LA 2.0 2.5 1609 $5,500 $3.42 61d 1 0.57mi
2712 Lasalle St New Orleans, LA 3.0 1.5 932 $1,500 $1.61 16d 1 0.57mi

Listing history 48 events

  1. 2026-07-11
    days on market $180,000 Active 266 DOM
  2. 2026-07-10
    days on market $180,000 Active 265 DOM
  3. 2026-07-09
    days on market $180,000 Active 264 DOM
  4. 2026-07-07
    days on market $180,000 Active 262 DOM
  5. 2026-07-06
    days on market $180,000 Active 261 DOM
  6. 2026-07-06
    days on market $180,000 Active 260 DOM
  7. 2026-07-03
    days on market $180,000 Active 258 DOM
  8. 2026-07-02
    days on market $180,000 Active 257 DOM
  9. 2026-07-01
    days on market $180,000 Active 256 DOM
  10. 2026-06-30
    days on market $180,000 Active 255 DOM
  11. 2026-06-29
    days on market $180,000 Active 254 DOM
  12. 2026-06-28
    days on market $180,000 Active 253 DOM
  13. 2026-06-27
    days on market $180,000 Active 252 DOM
  14. 2026-06-27
    days on market $180,000 Active 251 DOM
  15. 2026-06-25
    days on market $180,000 Active 249 DOM
  16. 2026-06-21
    days on market $180,000 Active 246 DOM
  17. 2026-06-18
    days on market $180,000 Active 243 DOM
  18. 2026-06-17
    days on market $180,000 Active 242 DOM
  19. 2026-06-16
    days on market $180,000 Active 241 DOM
  20. 2026-06-15
    days on market $180,000 Active 240 DOM
  21. 2026-06-13
    days on market $180,000 Active 238 DOM
  22. 2026-06-10
    days on market $180,000 Active 235 DOM
  23. 2026-06-09
    days on market $180,000 Active 234 DOM
  24. 2026-06-08
    days on market $180,000 Active 233 DOM
  25. 2026-06-07
    days on market $180,000 Active 232 DOM
  26. 2026-06-05
    days on market $180,000 Active 229 DOM
  27. 2026-06-03
    days on market $180,000 Active 228 DOM
  28. 2026-06-02
    days on market $180,000 Active 227 DOM
  29. 2026-06-01
    days on market $180,000 Active 226 DOM
  30. 2026-05-31
    days on market $180,000 Active 225 DOM
  31. 2025-12-29
    price $180,000 772-char remark
    Show marketing remark (790 chars)

    Charming Central City Home with Updates and Room to Grow! Welcome to this home located in the heart of Central City! This property offers the perfect mix of modern touches and classic charm. Inside, you’ll find fresh paint and a bright, open layout that’s great for family time or entertaining friends. This home just needs a little TLC to make it shine! With a few finishing touches, you can add instant value and create your dream space. The backyard is great for pets, gardening, or weekend barbecues. Located not far from downtown, shopping, restaurants, and public transportation, this home puts you within blocks of everything Central City has to offer. Don’t miss this chance to own a beautiful home with great potential in one of the most convenient areas of town!

  32. 2025-12-29
    price $180,000 790-char remark
    Show marketing remark (790 chars)

    Charming Central City Home with Updates and Room to Grow! Welcome to this home located in the heart of Central City! This property offers the perfect mix of modern touches and classic charm. Inside, you’ll find fresh paint and a bright, open layout that’s great for family time or entertaining friends. This home just needs a little TLC to make it shine! With a few finishing touches, you can add instant value and create your dream space. The backyard is great for pets, gardening, or weekend barbecues. Located not far from downtown, shopping, restaurants, and public transportation, this home puts you within blocks of everything Central City has to offer. Don’t miss this chance to own a beautiful home with great potential in one of the most convenient areas of town!

  33. 2025-11-25
    price $199,000 772-char remark
    Show marketing remark (790 chars)

    Charming Central City Home with Updates and Room to Grow! Welcome to this home located in the heart of Central City! This property offers the perfect mix of modern touches and classic charm. Inside, you’ll find fresh paint and a bright, open layout that’s great for family time or entertaining friends. This home just needs a little TLC to make it shine! With a few finishing touches, you can add instant value and create your dream space. The backyard is great for pets, gardening, or weekend barbecues. Located not far from downtown, shopping, restaurants, and public transportation, this home puts you within blocks of everything Central City has to offer. Don’t miss this chance to own a beautiful home with great potential in one of the most convenient areas of town!

  34. 2025-11-25
    price $199,000 790-char remark
    Show marketing remark (790 chars)

    Charming Central City Home with Updates and Room to Grow! Welcome to this home located in the heart of Central City! This property offers the perfect mix of modern touches and classic charm. Inside, you’ll find fresh paint and a bright, open layout that’s great for family time or entertaining friends. This home just needs a little TLC to make it shine! With a few finishing touches, you can add instant value and create your dream space. The backyard is great for pets, gardening, or weekend barbecues. Located not far from downtown, shopping, restaurants, and public transportation, this home puts you within blocks of everything Central City has to offer. Don’t miss this chance to own a beautiful home with great potential in one of the most convenient areas of town!

  35. 2025-10-14
    listed $220,000 Active 772-char remark
    Show marketing remark (790 chars)

    Charming Central City Home with Updates and Room to Grow! Welcome to this home located in the heart of Central City! This property offers the perfect mix of modern touches and classic charm. Inside, you’ll find fresh paint and a bright, open layout that’s great for family time or entertaining friends. This home just needs a little TLC to make it shine! With a few finishing touches, you can add instant value and create your dream space. The backyard is great for pets, gardening, or weekend barbecues. Located not far from downtown, shopping, restaurants, and public transportation, this home puts you within blocks of everything Central City has to offer. Don’t miss this chance to own a beautiful home with great potential in one of the most convenient areas of town!

  36. 2025-10-14
    listed $220,000 Active 790-char remark
    Show marketing remark (790 chars)

    Charming Central City Home with Updates and Room to Grow! Welcome to this home located in the heart of Central City! This property offers the perfect mix of modern touches and classic charm. Inside, you’ll find fresh paint and a bright, open layout that’s great for family time or entertaining friends. This home just needs a little TLC to make it shine! With a few finishing touches, you can add instant value and create your dream space. The backyard is great for pets, gardening, or weekend barbecues. Located not far from downtown, shopping, restaurants, and public transportation, this home puts you within blocks of everything Central City has to offer. Don’t miss this chance to own a beautiful home with great potential in one of the most convenient areas of town!

  37. 2021-05-22
    listed $190,000
  38. 2017-06-02
    soldstatus $95,000
  39. 2017-05-29
    soldstatus $95,000 Sold
  40. 2017-04-06
    status Under Contract
  41. 2017-02-09
    status Active
  42. 2016-12-18
    historical
  43. 2016-06-05
    status Active
  44. 2016-04-05
    status Under Contract
  45. 2016-01-21
    price $78,000
  46. 2016-01-21
    price $98,000
  47. 2015-08-07
    listed $98,500 Active
  48. 2015-08-07
    listed $98,000

ⓘ 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
$1,285 · $107/mo
Projected year-2 tax
$1,285 · $107/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 X · 75% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 20 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
$23,695
− Mortgage interest
−$10,083
− Property taxes
−$1,285
− Insurance
−$1,697
− Repairs & maintenance
−$1,896
− Management
−$1,896
− Depreciation
−$5,236
Taxable income
$1,602
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$384
After-tax cash flow
$4,025/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 · 9 photos

Good 80/100 Cosmetic rehab Est. rehab $6,930–$20,790 screening

This charming Central City home has been updated with fresh paint and an open layout, making it move-in ready with good curb appeal and potential for further value enhancement.

Value-add opportunities

  • Both Painting the exterior and interior — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Landscaping and curb appeal improvements — A well-maintained yard and patio can attract more buyers and renters.
  • Both Updating the kitchen and bathrooms — Fresh updates can increase the home's value and appeal to a broader range of buyers and renters.

ⓘ Rehab cost is a screening estimate — Cosmetic 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.

F Composite school gradezoned avg 18/100

Zoned Schools

Elementary Benjamin Franklin Elem. Math And Science F LA #479/646 Nat'l #34,936/41,679

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
A Composite livability gradescore 81/100

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 · 513,025 people
City population
338,817
Metro
New Orleans-Metairie, LA
Population (ZIP)
9,387
Household income
$39,333
Rent vs Own
75.4% rent · 24.6% 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
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
Black 61% White 20% Hispanic / Latino 13% Two or more races 11% Asian 2%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 2% Portuguese 1% Slovak 1%
Foreign-born
13% · Canada, Vietnam, China
Languages at home
86% English-only · Spanish 11% Other Indo-European 1% Vietnamese 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

Price history

+83.7% since first listed
18 events — show timeline
  • 2025-12-29 Price Changed $180,000 AcadianaMLS
  • 2025-12-29 Price Changed $180,000 GSREIN
  • 2025-11-25 Price Changed $199,000 AcadianaMLS
  • 2025-11-25 Price Changed $199,000 GSREIN
  • 2025-10-14 Listed $220,000 GSREIN
  • 2025-10-14 Listed $220,000 AcadianaMLS
  • 2021-05-22 Listed $190,000 AcadianaMLS
  • 2017-06-02 Sold (Public Records) $95,000 Public Records
  • 2017-05-29 Sold (MLS) $95,000 GSREIN
  • 2017-04-06 Pending GSREIN
  • 2017-02-09 Relisted GSREIN
  • 2016-12-18 Listing Removed GSREIN
  • 2016-06-05 Relisted GSREIN
  • 2016-04-05 Pending GSREIN
  • 2016-01-21 Price Changed $98,000 GSREIN
  • 2016-01-21 Price Changed $78,000 GSREIN
  • 2015-08-07 Listed $98,500 GSREIN
  • 2015-08-07 Listed $98,000 AcadianaMLS

Property tax history

+4.6%/yr

Latest (2026): $1,285 · -5.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…