CashFlowRE
Sign in Sign up
2400 02 Dumaine St Multi-family
B- Composite 65.71
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 +25.5/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.4/10.0
  • 1% rule +6.3/10.0
  • 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

$198,900

2400 02 Dumaine St · New Orleans, LA 70119
4 bd · 2.0 ba · 1,624 sqft · MultiFamily public records · 51 Days on market
Built 1901 2,975 sqft lot $122/sqft · 39% below area Est $388k · 49% under

🖨 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

Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

Key facts

  • Corner lot
  • 2,975 sq ft lot
  • Built 1901

Tags

CORNER LOTHALF-MILE FROM WHOLE FOODS4-BLOCKS TO ESPLANADE BLVD

Property features AI

Finance

  • Financial info: Two-unit property; Tenants pay electricity, gas and water

Exterior

  • Utilities: Public water; Public sewer
  • Home design: Single-story property; Entry on grade (slab foundation)
  • Construction: Shingle roof; Slab foundation
  • Exterior features: City lot; Rectangular lot; Lot dimensions approximately 33 x 90

Interior

  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Average condition; 1-story layout

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

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

Deal economics

  • At list price, monthly cash flow is $395 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $199k).
  • Recommended offer: $193k (3.0% below list) — sets the bar for market timing.
  • Cap rate 9.1% 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 soft (-0.2%/yr); 381 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 $2,238/mo this rent would consume 51% of the median local household income ($53k/yr) (locally 3381% 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.

Negotiation context

  • It's been on market 51 days — a 3% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
  • 12 sale attempts since 25y ago; this cycle's ask is 19890% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo; built in 1901 — 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.
Recommended offer $192,933 (3.0% below list)

Questions for the listing agent

  1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1901 — 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. 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 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
1.13%
Cap rate
9.08%
Cash-on-cash
9.94%
DSCR
1.44
GRM
7.4

CMA / ARV

ARV (median comp)
$387,815
List price
$198,900
Delta
-48.71%
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
2216-18 Saint Louis St 0.30mi 4/2.0 1,689 (+4%) 1mo $335,000 $198 79
2612-2614 St. Philip St 0.19mi 4/2.0 1,517 (-7%) 3mo $299,000 $197 77
917 N Prieur St 0.27mi 4/2.0 1,700 (+5%) 4mo $315,000 $185 77
2013-15 Conti St 0.41mi 4/2.0 1,610 (-1%) 5mo $65,000 $40 76
2643 45 Dumaine St 0.22mi 4/2.0 1,479 (-9%) 3mo $298,000 $201 73
2025 Conti St 0.40mi 4/2.0 1,680 (+3%) 8mo $285,000 $170 69
2617 Toulouse St 0.26mi 4/4.0 1,750 (+8%) 1mo $215,000 $123 66
2828 30 St Ann St 0.41mi 4/3.5 1,534 (-6%) 5mo $265,000 $173 61
2118 20 Onzaga St 0.70mi 4/2.0 1,526 (-6%) 1mo $182,000 $119 56
1552 54 N Derbigny St 0.72mi 4/3.0 1,681 (+4%) 5mo $330,000 $196 53
3150 52 Toulouse St 0.66mi 4/4.0 1,690 (+4%) 3mo $382,000 $226 52
1024 26 N Rocheblave St 0.70mi 4/5.0 1,826 (+12%) 6mo $380,000 $208 30

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-6.8%
Equity multiple
0.76×
Total profit
$-13,605
Equity at exit
$29,657
10-year hold
IRR
-1.4%
Equity multiple
0.92×
Total profit
$-4,673
Equity at exit
$17,197

Cash invested: $55,692 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Louisiana
90 Strongly Landlord-Friendly · R+12
County
— inherits STATE
City
— inherits STATE
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

ZIP-level market 70119

Home prices YoY
-34.8%
Rents YoY
-0.2%
Active inventory
381
Price-to-rent
7.4×

Monthly cashflow live

Estimated rent
$2,238 high interval (Pro) →
Mortgage (P&I)
$1,043
Tax from tax record
$181 /mo · $2,166/yr
Insurance
$83
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$470
Net cashflow
$395

Break-even live

Break-even rent $1,738
Max offer price $198,900
Occupancy floor 77%

Sensitivity live

Price -10% $507 -5% $451 +0% $395 +5% $339 +10% $282
Rent -10% $218 -5% $306 +0% $395 +5% $483 +10% $572
Rate -1.0pp $495 -0.5pp $445 base $395 +0.5pp $343 +1.0pp $291

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
$49,725
Closing costs
$5,967
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2129 Dumaine St New Orleans, LA 3.0 2.0 1226 $1,850 $1.51 4d 1 0.15mi
2517 Ursulines Ave New Orleans, LA 3.0 2.0 1136 $1,950 $1.72 24d 1 0.18mi
1929 Dumaine St New Orleans, LA 3.0 1.0 1293 $1,500 $1.16 4d 1 0.28mi
2731 Saint Philip St Unit 2733 New Orleans, LA 4.0 2.0 2000 $2,600 $1.30 24d 1 0.33mi
2320 Conti St New Orleans, LA 3.0 2.0 1125 $2,500 $2.22 24d 1 0.38mi
1035 N Derbigny St New Orleans, LA 3.0 1.0 1075 $1,399 $1.30 24d 1 0.41mi
315 N Miro St New Orleans, LA 3.0 3.0 1276 $2,300 $1.80 21d 1 0.42mi
315 N Miro St New Orleans, LA 3.0 3.0 1276 $2,500 $1.96 24d 1 0.42mi
2033 Conti St New Orleans, LA 3.0 3.0 1249 $2,250 $1.80 15d 1 0.43mi
824 N Dupre St New Orleans, LA 3.0 2.0 1315 $2,250 $1.71 17d 1 0.43mi
1908 Saint Louis St New Orleans, LA 3.0 3.0 1234 $2,300 $1.86 24d 1 0.44mi
2105 Bienville St New Orleans, LA 3.0 3.0 1231 $2,350 $1.91 17d 1 0.46mi
2331 Columbus St New Orleans, LA 3.0 1.0 1976 $1,850 $0.94 24d 1 0.47mi
2024 Bienville St New Orleans, LA 3.0 2.0 1314 $2,100 $1.60 24d 1 0.50mi
324 N Roman St New Orleans, LA 3.0 3.0 2100 $2,500 $1.19 44d 1 0.52mi
2664 Lepage St New Orleans, LA 3.0 2.0 1750 $2,725 $1.56 44d 1 0.54mi
2329 Laharpe St New Orleans, LA 3.0 1.0 1250 $1,000 $0.80 20d 1 0.54mi
2738 Bienville St New Orleans, LA 4.0 3.0 1671 $2,200 $1.32 24d 1 0.56mi
1525 N Broad St New Orleans, LA 3.0 1.0 1100 $1,600 $1.45 24d 1 0.58mi
1466 N White St New Orleans, LA 3.0 1.5 1500 $2,250 $1.50 4d 1 0.64mi
1472 N Claiborne Ave New Orleans, LA 3.0 1.0 1312 $1,900 $1.45 16d 1 0.66mi
2517 Palmyra St New Orleans, LA 3.0 2.0 1306 $2,100 $1.61 17d 1 0.73mi
3232 Conti St New Orleans, LA 3.0 2.0 1140 $3,500 $3.07 44d 1 0.76mi
1021 Henriette Delille St New Orleans, LA 3.0 2.0 2012 $2,250 $1.12 17d 1 0.78mi
326 S Dorgenois St Unit 326 New Orleans, LA 4.0 3.0 1510 $2,300 $1.52 2d 1 0.79mi
1735 N Tonti St New Orleans, LA 3.0 1.0 1197 $1,650 $1.38 24d 1 0.80mi
2615 Banks St New Orleans, LA 3.0 2.0 1200 $1,900 $1.58 3d 1 0.82mi
1247 Kerlerec St New Orleans, LA 3.0 2.0 1500 $2,500 $1.67 44d 1 0.82mi
1245 Kerlerec St New Orleans, LA 3.0 2.0 1500 $2,500 $1.67 44d 1 0.82mi
1217 Kerlerec St Unit B New Orleans, LA 3.0 1.0 1300 $2,100 $1.62 4d 1 0.85mi
439 N Norman C Francis Pkwy Unit 1A New Orleans, LA 3.0 1.0 1200 $1,700 $1.42 22d 1 0.86mi
2652 Banks St New Orleans, LA 3.0 3.5 1204 $2,100 $1.74 24d 1 0.87mi
2912 Palmyra St Unit D New Orleans, LA 3.0 2.0 1257 $1,650 $1.31 24d 1 0.88mi
227 S Gayoso St Unit 2h New Orleans, LA 3.0 2.0 1800 $2,500 $1.39 44d 1 0.88mi
618 N Rampart St #204 New Orleans, LA 3.0 2.5 1904 $4,500 $2.36 44d 1 0.89mi
811 Burgundy St New Orleans, LA 4.0 2.5 2059 $5,000 $2.43 44d 1 0.92mi
1831 N Miro St New Orleans, LA 3.0 2.0 1882 $2,500 $1.33 44d 1 0.96mi
2304 Gravier St Unit 2304 New Orleans, LA 3.0 2.0 1112 $1,800 $1.62 16d 1 0.97mi
1818 Paul Morphy St Unit B New Orleans, LA 3.0 2.0 1065 $1,800 $1.69 24d 1 0.97mi
2539 Gravier St Unit 2541 New Orleans, LA 3.0 1.0 1115 $1,495 $1.34 16d 1 0.98mi

Listing history 48 events

  1. 2026-06-18
    days on market $198,900 Active 51 DOM
  2. 2026-06-17
    days on market $198,900 Active 50 DOM
  3. 2026-06-16
    days on market $198,900 Active 49 DOM
  4. 2026-06-15
    days on market $198,900 Active 48 DOM
  5. 2026-06-13
    days on market $198,900 Active 46 DOM
  6. 2026-06-10
    days on market $198,900 Active 43 DOM
  7. 2026-06-09
    days on market $198,900 Active 42 DOM
  8. 2026-06-08
    days on market $198,900 Active 41 DOM
  9. 2026-06-07
    days on market $198,900 Active 40 DOM
  10. 2026-06-05
    days on market $198,900 Active 37 DOM
  11. 2026-06-03
    days on market $198,900 Active 36 DOM
  12. 2026-06-02
    days on market $198,900 Active 35 DOM
  13. 2026-06-01
    days on market $198,900 Active 34 DOM
  14. 2026-05-31
    days on market $198,900 Active 33 DOM
  15. 2026-05-14
    price $198,900 373-char remark
  16. 2026-05-14
    price $895
  17. 2026-04-29
    listed $995
  18. 2026-04-28
    historical $995
  19. 2026-04-28
    listed $224,900 Active 373-char remark
  20. 2026-04-26
    listed $995
  21. 2025-10-13
    historical $995
  22. 2025-10-09
    price $995
  23. 2025-09-30
    price $1,195
  24. 2025-09-17
    listed $1,500
  25. 2025-04-22
    price $194,900
  26. 2025-01-20
    price $198,900
  27. 2024-11-13
    historical $1,345
  28. 2024-11-13
    listed $1,345
  29. 2024-05-29
    historical $1,345
  30. 2024-05-18
    listed $1,345
  31. 2023-11-15
    historical $1,200
  32. 2023-09-14
    listed $1,200
  33. 2023-07-21
    soldstatus $175,000 Closed
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  34. 2023-07-06
    historical Active Under Contract
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  35. 2023-05-17
    status Active
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  36. 2023-05-17
    historical Active Under Contract
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  37. 2023-05-16
    price $199,000
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  38. 2023-04-24
    price $225,000
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  39. 2023-04-03
    price $249,000
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  40. 2023-03-14
    price $275,000
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  41. 2023-03-08
    price $299,000
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  42. 2023-01-24
    listed $399,000 Active
    Show marketing remark (425 chars)

    Owner Financing. Bond for Deed available. This double is part of a larger portfolio of 140+ rental units throughout New Orleans and the surrounding areas. The property is currently leased, sits on a corner lot only a half-mile from Whole Foods and Mid-City Restaurants, and 4-blocks to Esplanade Blvd. Wonderful opportunity for investment, live in one side and rent the second side, or convert this into a single family home.

  43. 2010-01-06
    listed $24,900
  44. 2006-08-10
    soldstatus $170,000
  45. 2002-02-08
    soldstatus $20,000
  46. 2001-10-11
    listed $23,500
  47. 2001-10-11
    listed $23,500
  48. 1990-09-05
    soldstatus $13,330

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast LA · Resets to sale price

Current annual tax
$2,166 · $181/mo
Projected year-2 tax
$2,166 · $181/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
$26,853
− Mortgage interest
−$11,141
− Property taxes
−$2,166
− Insurance
−$1,792
− Repairs & maintenance
−$2,148
− Management
−$2,148
− Depreciation
−$5,786
Taxable income
$1,670
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$401
After-tax cash flow
$4,338/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)
37,253
Household income
$53,143
Rent vs Own
62.8% rent · 37.2% own
Severe rent burden
3381.0

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 0.64)
Race & ethnicity
Black 44% White 40% Two or more races 10% Hispanic / Latino 9% Asian 1%
Hispanic origin (detail)
Mexican 2%
Common ancestry
Lithuanian 8% Slovak 2% Romanian 1%
Foreign-born
6% · Canada, Jamaica
Languages at home
91% English-only · Spanish 6% French/Haitian/Cajun 1% Other Indo-European 0%

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
▼ -135.38%
Current HPI
253.1929
Rent YoY
▼ -0.20%
Metro
New Orleans-Metairie, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+1392.1% since first listed
35 events — show timeline
  • 2026-05-28 Rental Removed $895 TENANTTURNER2
  • 2026-05-14 Price Changed $198,900 GSREIN
  • 2026-05-14 Price Changed $895 TENANTTURNER2
  • 2026-04-29 Listed for Rent $995 TENANTTURNER2
  • 2026-04-28 Rental Removed $995 APPFOLIO
  • 2026-04-28 Listed $224,900 GSREIN
  • 2026-04-26 Listed for Rent $995 APPFOLIO
  • 2025-10-13 Rental Removed $995 TENANTTURNER2
  • 2025-10-09 Price Changed $995 TENANTTURNER2
  • 2025-09-30 Price Changed $1,195 TENANTTURNER2
  • 2025-09-17 Listed for Rent $1,500 TENANTTURNER2
  • 2025-04-22 Price Changed $194,900 GSREIN
  • 2025-01-20 Price Changed $198,900 GSREIN
  • 2024-11-13 Rental Removed $1,345 GSREIN
  • 2024-11-13 Listed for Rent $1,345 GSREIN
  • 2024-05-29 Rental Removed $1,345 GSREIN
  • 2024-05-18 Listed for Rent $1,345 GSREIN
  • 2023-11-15 Rental Removed $1,200 GSREIN
  • 2023-09-14 Listed for Rent $1,200 GSREIN
  • 2023-07-21 Sold (MLS) $175,000 GSREIN
  • 2023-07-06 Contingent GSREIN
  • 2023-05-17 Relisted GSREIN
  • 2023-05-17 Contingent GSREIN
  • 2023-05-16 Price Changed $199,000 GSREIN
  • 2023-04-24 Price Changed $225,000 GSREIN
  • 2023-04-03 Price Changed $249,000 GSREIN
  • 2023-03-14 Price Changed $275,000 GSREIN
  • 2023-03-08 Price Changed $299,000 GSREIN
  • 2023-01-24 Listed $399,000 GSREIN
  • 2010-01-06 Listed $24,900 GSREIN
  • 2006-08-10 Sold (Public Records) $170,000 Public Records
  • 2002-02-08 Sold (MLS) $20,000 GSREIN
  • 2001-10-11 Listed $23,500 GSREIN
  • 2001-10-11 Listed $23,500 AcadianaMLS
  • 1990-09-05 Sold (Public Records) $13,330 Public Records

Property tax history

+1.3%/yr

Latest (2026): $2,166 · +1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…