Multi-family
2400 02 Dumaine 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 +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
- Schools +2.2/10.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$198,900
🖨 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
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath multifamily listed at $199k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $396 ($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: $181k (9.0% 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.
- 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 soft (-0.2%/yr); 438 active listings in the ZIP; 5 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 $2,239/mo this rent would consume 51% of the median local household income ($53k/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 $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 102 days — a 9% lower offer ($181k) 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.
Questions for the listing agent
- It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% 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 1901 — 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 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
- 9.96%
- DSCR
- 1.44
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $382,040
- List price
- $198,900
- Delta
- -47.94%
- 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%) | 2mo | $335,000 | $198 | 78 |
| 2612-2614 St. Philip St | 0.19mi | 4/2.0 | 1,517 (-7%) | 5mo | $299,000 | $197 | 76 |
| 917 N Prieur St | 0.27mi | 4/2.0 | 1,700 (+5%) | 5mo | $315,000 | $185 | 75 |
| 2013-15 Conti St | 0.41mi | 4/2.0 | 1,610 (-1%) | 6mo | $65,000 | $40 | 74 |
| 2643 45 Dumaine St | 0.22mi | 4/2.0 | 1,479 (-9%) | 4mo | $298,000 | $201 | 71 |
| 2617 Toulouse St | 0.26mi | 4/4.0 | 1,750 (+8%) | 2mo | $215,000 | $123 | 65 |
| 2828 30 St Ann St | 0.41mi | 4/3.5 | 1,534 (-6%) | 7mo | $265,000 | $173 | 60 |
| 2620 22 Bienville St | 0.47mi | 5/2.0 (+1) | 1,785 (+10%) | 2mo | $115,000 | $64 | 56 |
| 2118 20 Onzaga St | 0.70mi | 4/2.0 | 1,526 (-6%) | 3mo | $182,000 | $119 | 55 |
| 1552 54 N Derbigny St | 0.72mi | 4/3.0 | 1,681 (+4%) | 6mo | $330,000 | $196 | 51 |
| 3150 52 Toulouse St | 0.66mi | 4/4.0 | 1,690 (+4%) | 4mo | $382,000 | $226 | 51 |
| 1600 02 N Dupre St | 0.54mi | 3/3.0 (-1) | 1,460 (-10%) | 0mo | $496,000 | $340 | 49 |
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
- IRR
- -6.8%
- Equity multiple
- 0.76×
- Total profit
- $-13,539
- Equity at exit
- $29,657
- IRR
- -1.4%
- Equity multiple
- 0.92×
- Total profit
- $-4,541
- 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
Active competition Active MLS
- For sale now
- 31 active · 15 under contract
- Months of supply
- 11.6 mo (9%/mo absorbed)
- Median asking
- $298,000 ($159/sqft)
- Median days on market
- 142 d
- This list price
- 6% of active listings are priced below it
- ARV vs active asking
- +47.8% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 70119
- Home prices YoY
- -34.8%
- Rents YoY
- -0.2%
- Active inventory
- 438
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $2,239 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
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$470
- Net cashflow
- $396
Break-even live
Sensitivity live
| Price | -10% $509 | -5% $452 | +0% $396 | +5% $340 | +10% $283 |
|---|---|---|---|---|---|
| Rent | -10% $219 | -5% $308 | +0% $396 | +5% $484 | +10% $573 |
| Rate | -1.0pp $496 | -0.5pp $447 | base $396 | +0.5pp $344 | +1.0pp $292 |
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
- 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 |
|---|---|---|---|---|---|---|---|---|
| 921 N Miro St New Orleans, LA | 2.0 | 1.0 | 813 | $1,350 | $1.66 | 27d | 1 | 0.05mi |
| 921 N Miro St New Orleans, LA | 2.0 | 1.0 | 813 | $1,350 | $1.66 | 16d | 1 | 0.05mi |
| 2426 Saint Philip St New Orleans, LA | 2.0 | 1.0 | 849 | $1,450 | $1.71 | 72d | 1 | 0.06mi |
| 2502 Dumaine St New Orleans, LA | 2.0 | 1.0 | 966 | $1,195 | $1.24 | 52d | 1 | 0.08mi |
| 2502 Dumaine St New Orleans, LA | 2.0 | 1.0 | 966 | $1,195 | $1.24 | 72d | 1 | 0.08mi |
| 2230 Dumaine St New Orleans, LA | 2.0 | 2.0 | 983 | $2,000 | $2.03 | 72d | 1 | 0.09mi |
| 2506 Saint Philip St New Orleans, LA | 2.0 | 2.0 | 1020 | $1,450 | $1.42 | 69d | 1 | 0.09mi |
| 2506 Saint Philip St New Orleans, LA | 2.0 | 2.0 | 1020 | $1,400 | $1.37 | 16d | 1 | 0.09mi |
| 2516 Dumaine St Unit C New Orleans, LA | 2.0 | 1.0 | 825 | $1,200 | $1.45 | 72d | 1 | 0.11mi |
| 2214 Dumaine St New Orleans, LA | 2.0 | 1.0 | 1176 | $1,600 | $1.36 | 72d | 1 | 0.11mi |
| 2332 Ursulines Ave Unit B New Orleans, LA | 2.0 | 1.0 | 925 | $1,425 | $1.54 | 46d | 1 | 0.11mi |
| 2332 Ursulines Ave Unit B New Orleans, LA | 2.0 | 1.0 | 700 | $1,400 | $2.00 | 72d | 1 | 0.11mi |
| 2332 Ursulines Ave Unit B New Orleans, LA | 2.0 | 1.0 | 925 | $1,399 | $1.51 | 41d | 1 | 0.11mi |
| 2332 Ursulines Ave Apt A New Orleans, LA | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 46d | 1 | 0.11mi |
| 2328 Ursulines Ave Unit 2330 New Orleans, LA | 2.0 | 1.5 | 1000 | $1,300 | $1.30 | 32d | 1 | 0.11mi |
| 2539 Dumaine St New Orleans, LA | 1.0 | 1.0 | 567 | $1,200 | $2.12 | 32d | 1 | 0.12mi |
| 2129 Dumaine St New Orleans, LA | 3.0 | 2.0 | 1226 | $1,850 | $1.51 | 52d | 1 | 0.15mi |
| 2543 Saint Ann St New Orleans, LA | 2.0 | 2.0 | 880 | $1,650 | $1.88 | 52d | 1 | 0.15mi |
| 2543 Saint Ann St New Orleans, LA | 2.0 | 2.0 | 880 | $1,650 | $1.88 | 52d | 1 | 0.15mi |
| 1108 N Miro St Unit 1110 New Orleans, LA | 1.0 | 1.0 | 370 | $950 | $2.57 | 32d | 1 | 0.17mi |
| 1110 N Miro St New Orleans, LA | 1.0 | 1.0 | 370 | $950 | $2.57 | 32d | 1 | 0.17mi |
| 2517 Ursulines Ave New Orleans, LA | 3.0 | 2.0 | 1136 | $1,950 | $1.72 | 72d | 1 | 0.18mi |
| 2615 Saint Ann St New Orleans, LA | 2.0 | 1.0 | 950 | $1,400 | $1.47 | 72d | 1 | 0.20mi |
| 1121 N Galvez St New Orleans, LA | 2.0 | 1.0 | 1040 | $1,400 | $1.35 | 72d | 1 | 0.20mi |
| 2545 Saint Peter St New Orleans, LA | 2.0 | 1.0 | 900 | $2,000 | $2.22 | 65d | 1 | 0.21mi |
| 2032 Saint Philip St New Orleans, LA | 2.0 | 2.0 | 800 | $1,600 | $2.00 | 72d | 1 | 0.22mi |
| 916 N Broad St New Orleans, LA | 3.0 | 2.5 | 1500 | $2,100 | $1.40 | 30d | 1 | 0.24mi |
| 936 N Broad St New Orleans, LA | 2.0 | 1.0 | 901 | $1,200 | $1.33 | 72d | 1 | 0.24mi |
| 936 N Broad St New Orleans, LA | 2.0 | 1.0 | 901 | $1,200 | $1.33 | 32d | 1 | 0.24mi |
| 2017 Saint Ann St New Orleans, LA | 2.0 | 1.0 | 960 | $1,095 | $1.14 | 66d | 1 | 0.25mi |
| 914 N Broad St New Orleans, LA | 2.0 | 2.0 | 1450 | $2,100 | $1.45 | 41d | 1 | 0.25mi |
| 800 N Broad St New Orleans, LA | 3.0 | 1.0 | 18002 | $1,800 | $0.10 | 72d | 1 | 0.26mi |
| 1022 N Broad St New Orleans, LA | 1.0 | 1.0 | 90 | $800 | $8.89 | 65d | 1 | 0.27mi |
| 2641 Ursulines Ave Unit A New Orleans, LA | 2.0 | 1.0 | 1350 | $2,200 | $1.63 | 66d | 1 | 0.28mi |
| 1228 N Dorgenois St New Orleans, LA | 2.0 | 1.0 | 900 | $1,800 | $2.00 | 52d | 1 | 0.28mi |
| 1228 N Dorgenois St New Orleans, LA | 2.0 | 1.0 | 900 | $1,800 | $2.00 | 32d | 1 | 0.28mi |
| 1929 Dumaine St New Orleans, LA | 3.0 | 1.0 | 1293 | $1,650 | $1.28 | 27d | 1 | 0.28mi |
| 1232 N Dorgenois St New Orleans, LA | 2.0 | 2.0 | 1323 | $1,800 | $1.36 | 72d | 1 | 0.29mi |
| 2640 Saint Peter St New Orleans, LA | 1.0–2.0 | 1.0 | 669 | $1,661 | $2.48 | 39d | 3 | 0.29mi |
| 1100 N Broad St Unit Rear New Orleans, LA | 1.0 | 1.0 | 518 | $1,400 | $2.70 | 72d | 1 | 0.29mi |
Property features AI
Finance
- Financial info
- Two-unit propertyTenants pay electricity, gas and water
Exterior
- Utilities
- Public waterPublic sewer
- Home design
- Single-story propertyEntry on grade (slab foundation)
- Construction
- Shingle roofSlab foundation
- Exterior features
- City lotRectangular lotLot dimensions approximately 33 x 90
Interior
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heatingCentral air conditioning
- Interior features
- Average condition1-story layout
Listing history 50 events
-
2026-08-08days on market $198,900 Active 102 DOM
-
2026-08-07days on market $198,900 Active 101 DOM
-
2026-08-06days on market $198,900 Active 100 DOM
-
2026-08-05days on market $198,900 Active 99 DOM
-
2026-08-04days on market $198,900 Active 98 DOM
-
2026-08-03days on market $198,900 Active 97 DOM
-
2026-07-31days on market $198,900 Active 94 DOM
-
2026-07-30days on market $198,900 Active 92 DOM
-
2026-07-28days on market $198,900 Active 91 DOM
-
2026-07-24days on market $198,900 Active 87 DOM
-
2026-07-23days on market $198,900 Active 86 DOM
-
2026-07-22days on market $198,900 Active 85 DOM
-
2026-07-21days on market $198,900 Active 84 DOM
-
2026-07-20days on market $198,900 Active 83 DOM
-
2026-07-18days on market $198,900 Active 81 DOM
-
2026-07-18days on market $198,900 Active 80 DOM
-
2026-07-16days on market $198,900 Active 79 DOM
-
2026-07-15days on market $198,900 Active 78 DOM
-
2026-07-14days on market $198,900 Active 77 DOM
-
2026-07-13days on market $198,900 Active 76 DOM
-
2026-07-13days on market $198,900 Active 75 DOM
-
2026-07-11days on market $198,900 Active 74 DOM
-
2026-07-10days on market $198,900 Active 73 DOM
-
2026-07-09days on market $198,900 Active 72 DOM
-
2026-07-07days on market $198,900 Active 70 DOM
-
2026-07-06days on market $198,900 Active 69 DOM
-
2026-07-06days on market $198,900 Active 68 DOM
-
2026-07-03days on market $198,900 Active 66 DOM
-
2026-07-02days on market $198,900 Active 65 DOM
-
2026-07-01days on market $198,900 Active 64 DOM
-
2026-06-30days on market $198,900 Active 63 DOM
-
2026-06-29days on market $198,900 Active 62 DOM
-
2026-06-28days on market $198,900 Active 61 DOM
-
2026-06-27days on market $198,900 Active 60 DOM
-
2026-06-27days on market $198,900 Active 59 DOM
-
2026-06-25days on market $198,900 Active 57 DOM
-
2026-06-22days on market $198,900 Active 55 DOM
-
2026-06-21days on market $198,900 Active 54 DOM
-
2026-06-18days on market $198,900 Active 51 DOM
-
2026-06-17days on market $198,900 Active 50 DOM
-
2026-06-16days on market $198,900 Active 49 DOM
-
2026-06-15days on market $198,900 Active 48 DOM
-
2026-06-13days on market $198,900 Active 46 DOM
-
2026-06-10days on market $198,900 Active 43 DOM
-
2026-06-09days on market $198,900 Active 42 DOM
-
2026-06-08days on market $198,900 Active 41 DOM
-
2026-06-07days on market $198,900 Active 40 DOM
-
2026-06-05days on market $198,900 Active 37 DOM
-
2026-06-03days on market $198,900 Active 36 DOM
-
2026-06-02days on market $198,900 Active 35 DOM
ⓘ 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
- $26,869
- − Mortgage interest
- −$11,141
- − Property taxes
- −$2,166
- − Insurance
- −$1,792
- − Repairs & maintenance
- −$2,150
- − Management
- −$2,150
- − Depreciation
- −$5,786
- Taxable income
- $1,684
- Est. tax owed @ 24.0%
- −$404
- After-tax cash flow
- $4,348/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 · 10 photos
This property requires moderate renovations to improve its curb appeal and interior functionality, with a focus on exterior paint and kitchen updates. The home is currently leased and sits on a corner lot, making it a good investment opportunity.
Components & finishes AI
Repairs flagged
- Major Exterior paint — Peeling paint on exterior siding indicates significant wear.
- Minor Kitchen cabinets — Dated appearance suggests they could be replaced for a fresh look.
- Minor Bathroom fixtures — Standard fixtures may benefit from updating.
Value-add opportunities
- Both Paint exterior siding — Fresh paint will improve curb appeal and home value. ↑
- Both Replace kitchen cabinets — Modern cabinets will enhance the kitchen's functionality and aesthetics. ↑
- Both Update bathroom fixtures — New fixtures will improve the bathroom's functionality and appearance. ↑
ⓘ Rehab cost is a screening estimate — Moderate 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)
- 37,253
- Household income
- $53,143
- 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
- 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 |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
|
||
| Advertising | 1 | $2B |
|
||
Price history
+1392.1% since first listed35 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%/yrLatest (2026): $2,166 · +1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…