815 N Robertson St · New Orleans, LA
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.6%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 10/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
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 +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$155,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
<br><br> Located in the heart of historic Treme just minutes from downtown and the French Quarter, 815 N. Robertson presents an exceptional opportunity to create something truly special. This 3-bedroom, 2.5-bath property has been fully gutted to the studs, with foundation work and new roof already completed -- a major advantage that saves time and expense for the next owner. <br><br> Approved renovation plans are included and ready to execute. The design highlights classic New Orleans character with tall ceilings, inviting balcony spaces, and a functional floor plan that blends historic charm with modern living. <br><br> Whether you're an investor seeking your next standout project or a buyer ready to design a custom home in one of the city's most iconic neighborhoods, this property offers location, groundwork, and incredible upside. Rare off-street parking adds even more value in this highly desirable area. <br><br> A true chance to restore a Treme gem and bring your vision to life. <br>
Key facts
- Parking
- Built 1921
- Listed 128 days
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/3.0-bath single-family listed at $155k.
Deal economics
- At list price, monthly cash flow is $973 ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $155k).
- Recommended offer: $136k (12.0% below list) — sets the bar for market timing.
- Cap rate 14.3% 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; 351 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- At $2,771/mo this rent would consume 64% of the median local household income ($52k/yr) (locally 1001% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Orleans County population projected at +61% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 0.2% rent growth), your $43k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 129 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 6y ago; this cycle's ask has dropped $30k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; built in 1921 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe 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.
Questions for the listing agent
- It's been on market 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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 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
- 1.79% ✓
- Cap rate
- 14.34%
- Cash-on-cash
- 28.74%
- DSCR
- 2.28
- GRM
- 4.7
CMA / ARV
- ARV (median comp)
- $385,325
- List price
- $155,000
- Delta
- -59.77%
- 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 |
|---|---|---|---|---|---|---|---|
| 1026 N Robertson St | 0.17mi | 3/2.5 (-1) | 1,778 (-7%) | 1mo | $386,400 | $217 | 72 |
| 1814 Dumaine St | 0.17mi | 3/2.0 (-1) | 1,823 (-5%) | 7mo | $355,000 | $195 | 70 |
| 1233 Ursulines Ave | 0.27mi | 3/3.0 (-1) | 1,775 (-8%) | 7mo | $284,000 | $160 | 64 |
| 1461 N Robertson St | 0.49mi | 4/3.5 | 2,100 (+10%) | 1mo | $353,000 | $168 | 59 |
| 2000 St Philip St | 0.30mi | 4/2.5 | 2,181 (+14%) | 6mo | $475,000 | $218 | 56 |
| 2520 Conti St | 0.71mi | 3/2.5 (-1) | 1,970 (+3%) | 4mo | $450,000 | $228 | 52 |
| 1116 N Miro St | 0.52mi | 3/2.0 (-1) | 1,750 (-9%) | 1mo | $395,000 | $226 | 51 |
| 1808 N Rampart St | 0.66mi | 3/2.0 (-1) | 2,002 (+4%) | 3mo | $799,000 | $399 | 51 |
| 1370 Laharpe St | 0.58mi | 3/2.0 (-1) | 1,766 (-8%) | 1mo | $353,500 | $200 | 50 |
| 1355 Columbus St | 0.54mi | 3/2.0 (-1) | 1,786 (-7%) | 7mo | $430,000 | $241 | 48 |
| 2206 Ursulines Ave | 0.46mi | 3/2.0 (-1) | 1,703 (-11%) | 5mo | $399,000 | $234 | 47 |
| 1200 Dauphine St | 0.54mi | 3/2.5 (-1) | 2,204 (+15%) | 2mo | $1,495,000 | $678 | 41 |
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 · 0.18% rent growth · sell at horizon
- IRR
- 17.4%
- Equity multiple
- 1.68×
- Total profit
- $29,329
- Equity at exit
- $23,111
- IRR
- 23.6%
- Equity multiple
- 2.76×
- Total profit
- $76,196
- Equity at exit
- $13,402
Cash invested: $43,400 (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
ZIP-level market 70116
- Home prices YoY
- -34.5%
- Rents YoY
- 0.2%
- Active inventory
- 351
- Price-to-rent
- 4.7×
Monthly cashflow live
- Estimated rent
- $2,771 high interval (Pro) →
- Mortgage (P&I)
- −$813
- Tax from tax record
- −$273 /mo · $3,272/yr
- Insurance
- −$65
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$582
- Net cashflow
- $973
Break-even live
Sensitivity live
| Price | -10% $1,061 | -5% $1,017 | +0% $973 | +5% $929 | +10% $885 |
|---|---|---|---|---|---|
| Rent | -10% $754 | -5% $863 | +0% $973 | +5% $1,082 | +10% $1,192 |
| Rate | -1.0pp $1,051 | -0.5pp $1,012 | base $973 | +0.5pp $933 | +1.0pp $892 |
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
- $38,750
- Closing costs
- $4,650
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1929 Dumaine St New Orleans, LA | 3.0 | 1.0 | 1293 | $1,500 | $1.16 | 4d | 1 | 0.27mi |
| 1021 Henriette Delille St New Orleans, LA | 3.0 | 2.0 | 2012 | $2,250 | $1.12 | 18d | 1 | 0.30mi |
| 1908 Saint Louis St New Orleans, LA | 3.0 | 3.0 | 1234 | $2,300 | $1.86 | 25d | 1 | 0.31mi |
| 324 N Roman St New Orleans, LA | 3.0 | 3.0 | 2100 | $2,500 | $1.19 | 45d | 1 | 0.35mi |
| 618 N Rampart St #204 New Orleans, LA | 3.0 | 2.5 | 1904 | $4,500 | $2.36 | 45d | 1 | 0.35mi |
| 811 Burgundy St New Orleans, LA | 4.0 | 2.5 | 2059 | $5,000 | $2.43 | 45d | 1 | 0.38mi |
| 2129 Dumaine St New Orleans, LA | 3.0 | 2.0 | 1226 | $1,850 | $1.51 | 4d | 1 | 0.40mi |
| 2033 Conti St New Orleans, LA | 3.0 | 3.0 | 1249 | $2,250 | $1.80 | 15d | 1 | 0.40mi |
| 1433 Esplanade Ave New Orleans, LA | 3.0 | 2.0 | 2411 | $5,000 | $2.07 | 3d | 1 | 0.43mi |
| 2024 Bienville St New Orleans, LA | 3.0 | 2.0 | 1314 | $2,100 | $1.60 | 25d | 1 | 0.47mi |
| 2105 Bienville St New Orleans, LA | 3.0 | 3.0 | 1231 | $2,350 | $1.91 | 18d | 1 | 0.47mi |
| 1247 Kerlerec St New Orleans, LA | 3.0 | 2.0 | 1500 | $2,500 | $1.67 | 45d | 1 | 0.53mi |
| 1245 Kerlerec St New Orleans, LA | 3.0 | 2.0 | 1500 | $2,500 | $1.67 | 45d | 1 | 0.53mi |
| 1217 Kerlerec St Unit B New Orleans, LA | 3.0 | 1.0 | 1300 | $2,100 | $1.62 | 4d | 1 | 0.54mi |
| 1472 N Claiborne Ave New Orleans, LA | 3.0 | 1.0 | 1312 | $1,900 | $1.45 | 17d | 1 | 0.54mi |
| 315 N Miro St New Orleans, LA | 3.0 | 3.0 | 1276 | $2,500 | $1.96 | 25d | 1 | 0.57mi |
| 315 N Miro St New Orleans, LA | 3.0 | 3.0 | 1276 | $2,300 | $1.80 | 21d | 1 | 0.57mi |
| 939 Iberville St New Orleans, LA | 1.0–3.0 | 1.0 | 1502 | $3,800 | $2.53 | 13d | 7 | 0.57mi |
| 734 Ursulines Ave New Orleans, LA | 3.0 | 2.0 | 1340 | $2,800 | $2.09 | 45d | 1 | 0.58mi |
| 1011 Canal St Unit 1513939P New Orleans, LA | 4.0 | 4.0 | 1765 | $11,253 | $6.38 | 25d | 1 | 0.59mi |
| 1011 Canal St Unit 1513926P New Orleans, LA | 1.0–4.0 | 1.0–4.0 | 1016 | $12,077 | $11.88 | 3d | 2 | 0.59mi |
| 810 Bienville St New Orleans, LA | 1.0–3.0 | 1.0–2.0 | 995 | $2,688 | $2.70 | 4d | 9 | 0.60mi |
| 928 Kerlerec St New Orleans, LA | 3.0 | 3.5 | 1684 | $2,750 | $1.63 | 4d | 1 | 0.63mi |
| 928 Kerlerec St New Orleans, LA | 3.0 | 3.5 | 1684 | $2,750 | $1.63 | 4d | 1 | 0.63mi |
| 751 Chartres St New Orleans, LA | 2.0–3.0 | 2.0 | 1461 | $3,450 | $2.36 | 45d | 1 | 0.65mi |
| 527 Saint Ann St Unit 3 New Orleans, LA | 3.0 | 2.0 | 1687 | $3,500 | $2.07 | 45d | 1 | 0.70mi |
| 515 Saint Ann St Unit 3 New Orleans, LA | 3.0 | 2.0 | 1644 | $3,600 | $2.19 | 45d | 1 | 0.72mi |
| 535 Decatur St Unit 3 New Orleans, LA | 3.0 | 2.0 | 1600 | $2,800 | $1.75 | 13d | 1 | 0.75mi |
| 1418 Royal St Unit 1418 New Orleans, LA | 4.0 | 2.0 | 1300 | $2,450 | $1.88 | 25d | 1 | 0.76mi |
| 2331 Columbus St New Orleans, LA | 3.0 | 1.0 | 1976 | $1,850 | $0.94 | 25d | 1 | 0.82mi |
| 2329 Laharpe St New Orleans, LA | 3.0 | 1.0 | 1250 | $1,000 | $0.80 | 21d | 1 | 0.87mi |
| 800 Gravier St Unit 1272312P New Orleans, LA | 2.0–4.0 | 2.0–4.0 | 1673 | $6,169 | $3.69 | 15d | 2 | 0.87mi |
| 2731 Saint Philip St Unit 2733 New Orleans, LA | 4.0 | 2.0 | 2000 | $2,600 | $1.30 | 25d | 1 | 0.88mi |
| 2517 Palmyra St New Orleans, LA | 3.0 | 2.0 | 1306 | $2,100 | $1.61 | 18d | 1 | 0.89mi |
| 822 Perdido St Unit 1272370P New Orleans, LA | 1.0–5.0 | 1.0–5.0 | 1447 | $5,974 | $4.13 | 4d | 4 | 0.92mi |
| 2738 Bienville St New Orleans, LA | 4.0 | 3.0 | 1671 | $2,200 | $1.32 | 25d | 1 | 0.93mi |
| 419 Carondelet St Unit PHB New Orleans, LA | 3.0 | 2.5 | 2546 | $5,700 | $2.24 | 4d | 1 | 0.94mi |
| 326 S Dorgenois St Unit 326 New Orleans, LA | 4.0 | 3.0 | 1510 | $2,300 | $1.52 | 3d | 1 | 0.95mi |
| 824 N Dupre St New Orleans, LA | 3.0 | 2.0 | 1315 | $2,250 | $1.71 | 18d | 1 | 0.96mi |
| 431 Gravier St Ste 4 New Orleans, LA | 3.0 | 2.0 | 2100 | $3,700 | $1.76 | 45d | 1 | 0.98mi |
Listing history 29 events
-
2026-06-21days on market $155,000 Active 129 DOM
-
2026-06-18days on market $155,000 Active 126 DOM
-
2026-06-17days on market $155,000 Active 125 DOM
-
2026-06-16days on market $155,000 Active 124 DOM
-
2026-06-15days on market $155,000 Active 123 DOM
-
2026-06-13days on market $155,000 Active 121 DOM
-
2026-06-10days on market $155,000 Active 118 DOM
-
2026-06-09days on market $155,000 Active 117 DOM
-
2026-06-08days on market $155,000 Active 116 DOM
-
2026-06-07days on market $155,000 Active 115 DOM
-
2026-06-05days on market $155,000 Active 112 DOM
-
2026-06-03days on market $155,000 Active 111 DOM
-
2026-06-02days on market $155,000 Active 110 DOM
-
2026-06-01days on market $155,000 Active 109 DOM
-
2026-05-31days on market $155,000 Active 108 DOM
-
2026-04-21price $155,000 1003-char remark
Show marketing remark (1100 chars)
Tremé Renovation Opportunity — Steps from the French Quarter with Rare Off-Street Parking Located in the heart of historic Tremé just minutes from downtown and the French Quarter, 815 N. Robertson presents an exceptional opportunity to create something truly special. This 3-bedroom, 2.5-bath property has been fully gutted to the studs, with foundation work and new roof already completed — a major advantage that saves time and expense for the next owner. Approved renovation plans are included and ready to execute. The design highlights classic New Orleans character with tall ceilings, inviting balcony spaces, and a functional floor plan that blends historic charm with modern living. Whether you’re an investor seeking your next standout project or a buyer ready to design a custom home in one of the city’s most iconic neighborhoods, this property offers location, groundwork, and incredible upside. Rare off-street parking adds even more value in this highly desirable area. A true chance to restore a Tremé gem and bring your vision to life.
-
2026-04-21price $155,000 1100-char remark
Show marketing remark (1100 chars)
Tremé Renovation Opportunity — Steps from the French Quarter with Rare Off-Street Parking Located in the heart of historic Tremé just minutes from downtown and the French Quarter, 815 N. Robertson presents an exceptional opportunity to create something truly special. This 3-bedroom, 2.5-bath property has been fully gutted to the studs, with foundation work and new roof already completed — a major advantage that saves time and expense for the next owner. Approved renovation plans are included and ready to execute. The design highlights classic New Orleans character with tall ceilings, inviting balcony spaces, and a functional floor plan that blends historic charm with modern living. Whether you’re an investor seeking your next standout project or a buyer ready to design a custom home in one of the city’s most iconic neighborhoods, this property offers location, groundwork, and incredible upside. Rare off-street parking adds even more value in this highly desirable area. A true chance to restore a Tremé gem and bring your vision to life.
-
2026-03-30price $175,000 1003-char remark
Show marketing remark (1100 chars)
Tremé Renovation Opportunity — Steps from the French Quarter with Rare Off-Street Parking Located in the heart of historic Tremé just minutes from downtown and the French Quarter, 815 N. Robertson presents an exceptional opportunity to create something truly special. This 3-bedroom, 2.5-bath property has been fully gutted to the studs, with foundation work and new roof already completed — a major advantage that saves time and expense for the next owner. Approved renovation plans are included and ready to execute. The design highlights classic New Orleans character with tall ceilings, inviting balcony spaces, and a functional floor plan that blends historic charm with modern living. Whether you’re an investor seeking your next standout project or a buyer ready to design a custom home in one of the city’s most iconic neighborhoods, this property offers location, groundwork, and incredible upside. Rare off-street parking adds even more value in this highly desirable area. A true chance to restore a Tremé gem and bring your vision to life.
-
2026-03-30price $175,000 1100-char remark
Show marketing remark (1100 chars)
Tremé Renovation Opportunity — Steps from the French Quarter with Rare Off-Street Parking Located in the heart of historic Tremé just minutes from downtown and the French Quarter, 815 N. Robertson presents an exceptional opportunity to create something truly special. This 3-bedroom, 2.5-bath property has been fully gutted to the studs, with foundation work and new roof already completed — a major advantage that saves time and expense for the next owner. Approved renovation plans are included and ready to execute. The design highlights classic New Orleans character with tall ceilings, inviting balcony spaces, and a functional floor plan that blends historic charm with modern living. Whether you’re an investor seeking your next standout project or a buyer ready to design a custom home in one of the city’s most iconic neighborhoods, this property offers location, groundwork, and incredible upside. Rare off-street parking adds even more value in this highly desirable area. A true chance to restore a Tremé gem and bring your vision to life.
-
2026-02-11$185,000 Active 1003-char remark
Show marketing remark (1100 chars)
Tremé Renovation Opportunity — Steps from the French Quarter with Rare Off-Street Parking Located in the heart of historic Tremé just minutes from downtown and the French Quarter, 815 N. Robertson presents an exceptional opportunity to create something truly special. This 3-bedroom, 2.5-bath property has been fully gutted to the studs, with foundation work and new roof already completed — a major advantage that saves time and expense for the next owner. Approved renovation plans are included and ready to execute. The design highlights classic New Orleans character with tall ceilings, inviting balcony spaces, and a functional floor plan that blends historic charm with modern living. Whether you’re an investor seeking your next standout project or a buyer ready to design a custom home in one of the city’s most iconic neighborhoods, this property offers location, groundwork, and incredible upside. Rare off-street parking adds even more value in this highly desirable area. A true chance to restore a Tremé gem and bring your vision to life.
-
2026-02-11$185,000 Active 1100-char remark
Show marketing remark (1100 chars)
Tremé Renovation Opportunity — Steps from the French Quarter with Rare Off-Street Parking Located in the heart of historic Tremé just minutes from downtown and the French Quarter, 815 N. Robertson presents an exceptional opportunity to create something truly special. This 3-bedroom, 2.5-bath property has been fully gutted to the studs, with foundation work and new roof already completed — a major advantage that saves time and expense for the next owner. Approved renovation plans are included and ready to execute. The design highlights classic New Orleans character with tall ceilings, inviting balcony spaces, and a functional floor plan that blends historic charm with modern living. Whether you’re an investor seeking your next standout project or a buyer ready to design a custom home in one of the city’s most iconic neighborhoods, this property offers location, groundwork, and incredible upside. Rare off-street parking adds even more value in this highly desirable area. A true chance to restore a Tremé gem and bring your vision to life.
-
2025-06-02$230,000 Active
-
2024-07-24soldstatus $160,000
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2020-12-14soldstatus $155,000
-
2020-12-11soldstatus $155,000 Closed
-
2020-10-08status Pending
-
2020-10-02$150,000
-
2020-10-02$150,000 Active
-
2020-04-10$150,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast LA · Resets to sale price
- Current annual tax
- $3,272 · $273/mo
- Projected year-2 tax
- $3,272 · $273/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 (shaded) · 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 4/10 Moderate 4 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
- $33,256
- − Mortgage interest
- −$8,682
- − Property taxes
- −$3,272
- − Insurance
- −$1,572
- − Repairs & maintenance
- −$2,661
- − Management
- −$2,661
- − Depreciation
- −$4,509
- Taxable income
- $9,900
- Est. tax owed @ 24.0%
- −$2,376
- After-tax cash flow
- $9,298/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
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)
- 10,404
- Household income
- $52,306
- Rent vs Own
- Severe rent burden
- 1001.0
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
- White 45% Black 40% Hispanic / Latino 10% Two or more races 8%
- Hispanic origin (detail)
- Mexican 1% Cuban 3%
- Common ancestry
- Lithuanian 6% Slovak 3% Romanian 3%
- Foreign-born
- 5% · Canada
- Languages at home
- 90% English-only · Spanish 6% French/Haitian/Cajun 2%
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
- ▼ -144.83%
- Current HPI
- 275.5453
- Rent YoY
- ▲ 0.18%
- 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 |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+3.3% since first listed14 events — show timeline
- 2026-04-21 Price Changed $155,000 AcadianaMLS
- 2026-04-21 Price Changed $155,000 GSREIN
- 2026-03-30 Price Changed $175,000 AcadianaMLS
- 2026-03-30 Price Changed $175,000 GSREIN
- 2026-02-11 Listed $185,000 GSREIN
- 2026-02-11 Listed $185,000 AcadianaMLS
- 2025-06-02 Listed $230,000 AcadianaMLS
- 2024-07-24 Sold (Public Records) $160,000 Public Records
- 2020-12-14 Sold (Public Records) $155,000 Public Records
- 2020-12-11 Sold (MLS) $155,000 GSREIN
- 2020-10-08 Pending — GSREIN
- 2020-10-02 Listed $150,000 GSREIN
- 2020-10-02 Listed $150,000 AcadianaMLS
- 2020-04-10 Listed $150,000 AcadianaMLS
Property tax history
+46.0%/yrLatest (2026): $3,272 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…