Multi-family
1719 21 N Broad St · New Orleans, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ 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 +22.9/30.0
- ARV discount +13.7/15.0
- DSCR +7.4/10.0
- 1% rule +6.0/10.0
- Livability +4.0/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
- Schools +1.6/10.0
- Appreciation +0.0/10.0
$205,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you’re looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
Key facts
- Immediate cash flow
- Separate studio
- Efficient layout
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath multifamily listed at $205k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $361 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $205k).
- Recommended offer: $180k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.4% 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 18d on market — plan ~3-4 weeks tenant-placement turnaround); 710 units permitted in Orleans Parish in 2024 (244 in 5+ unit buildings).
- At $2,250/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 150 days — a 12% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 4y ago; this cycle's ask has dropped $35k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 150 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.10% ✓
- Cap rate
- 8.40%
- Cash-on-cash
- 7.54%
- DSCR
- 1.34
- GRM
- 7.6
CMA / ARV
- ARV (median comp)
- $237,484
- List price
- $205,000
- Delta
- -13.68%
- Verdict
- UNDERPRICED
- Comps
- 18 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2017 19 Conti St | 0.55mi | 2/2.0 | 912 (-4%) | 22mo | $197,000 | $216 | 49 |
| 127 29 N Johnson St | 0.46mi | 2/2.0 | 1,075 (+13%) | 23mo | $180,000 | $167 | 38 |
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
- -8.2%
- Equity multiple
- 0.71×
- Total profit
- $-16,800
- Equity at exit
- $30,566
- IRR
- -3.1%
- Equity multiple
- 0.82×
- Total profit
- $-10,385
- Equity at exit
- $17,725
Cash invested: $57,400 (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 70119
- Home prices YoY
- -34.8%
- Rents YoY
- -0.2%
- Active inventory
- 381
- Price-to-rent
- 15.2×
Monthly cashflow live
- Estimated rent
- $2,250 high interval (Pro) →
- Mortgage (P&I)
- −$1,075
- Tax est. 1.5%
- −$256 /mo · $3,075/yr
- Insurance
- −$85
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$472
- Net cashflow
- $361
Break-even live
Sensitivity live
| Price | -10% $502 | -5% $432 | +0% $361 | +5% $290 | +10% $219 |
|---|---|---|---|---|---|
| Rent | -10% $183 | -5% $272 | +0% $361 | +5% $450 | +10% $539 |
| Rate | -1.0pp $464 | -0.5pp $413 | base $361 | +0.5pp $308 | +1.0pp $254 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 1 | 1 | $2,250 |
| #1 | 1 | 1 | $1,125 |
| #2 | 1 | 1 | $1,125 |
| Total (2 units) | $2,250 | ||
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
- $51,250
- Closing costs
- $6,150
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2915 Conti St New Orleans, LA | 2.0 | 1.0 | 750 | $1,450 | $1.93 | 24d | 1 | 0.28mi |
| 216 N Salcedo St New Orleans, LA | 3.0 | 1.0 | 866 | $1,500 | $1.73 | 24d | 1 | 0.30mi |
| 218 N Salcedo St New Orleans, LA | 2.0 | 1.0 | 866 | $1,300 | $1.50 | 24d | 1 | 0.30mi |
| 403 N Tonti St New Orleans, LA | 1.0 | 1.0 | 700 | $1,250 | $1.79 | 24d | 1 | 0.31mi |
| 2408 10 Oak Pl New Orleans, LA | 2.0 | 1.0 | 1000 | $1,700 | $1.70 | 17d | 1 | 0.31mi |
| 2320 Conti St New Orleans, LA | 3.0 | 2.0 | 1125 | $2,500 | $2.22 | 24d | 1 | 0.34mi |
| 210 N Lopez St Unit A New Orleans, LA | 1.0 | 1.0 | 800 | $1,100 | $1.38 | 15d | 1 | 0.34mi |
| 2640 Saint Peter St New Orleans, LA | 1.0 | 1.0 | 610 | $1,011 | $1.66 | 24d | 1 | 0.35mi |
| 2734 Orleans Ave New Orleans, LA | 1.0 | 1.0 | 800 | $1,050 | $1.31 | 12d | 1 | 0.40mi |
| 2734 Orleans Ave New Orleans, LA | 1.0 | 1.0 | 800 | $1,050 | $1.31 | 4d | 1 | 0.40mi |
| 2545 Saint Peter St New Orleans, LA | 2.0 | 1.0 | 900 | $2,000 | $2.22 | 16d | 1 | 0.40mi |
| 124 N Galvez St Unit 2 New Orleans, LA | 1.0 | 1.0 | 1100 | $1,259 | $1.14 | 24d | 1 | 0.41mi |
| 2424 Tulane Ave New Orleans, LA | 1.0–2.0 | 1.0–2.0 | 820 | $1,882 | $2.29 | 4d | 10 | 0.41mi |
| 2723 Orleans Ave New Orleans, LA | 1.0 | 1.0 | 750 | $990 | $1.32 | 24d | 1 | 0.43mi |
| 2723 Orleans Ave New Orleans, LA | 1.0 | 1.0 | 750 | $990 | $1.32 | 3d | 1 | 0.43mi |
| 129 N Rendon New Orleans, LA | 2.0 | 1.0 | 895 | $1,300 | $1.45 | 4d | 1 | 0.43mi |
| 3100 Banks St New Orleans, LA | 1.0 | 1.0 | 755 | $1,725 | $2.28 | 16d | 1 | 0.43mi |
| 3100 Banks St Unit 209 New Orleans, LA | 1.0 | 1.0 | 755 | $1,725 | $2.28 | 3d | 1 | 0.43mi |
| 3023 Baudin St New Orleans, LA | 3.0 | 1.0 | 968 | $2,400 | $2.48 | 17d | 1 | 0.44mi |
| 2539 Gravier St Unit 2541 New Orleans, LA | 3.0 | 1.0 | 1115 | $1,495 | $1.34 | 16d | 1 | 0.44mi |
| 209 N Johnson St New Orleans, LA | 2.0 | 1.0 | 725 | $1,400 | $1.93 | 16d | 1 | 0.45mi |
| 3315 Iberville St Unit 3 New Orleans, LA | 3.0 | 1.5 | 1006 | $1,345 | $1.34 | 24d | 1 | 0.45mi |
| 2831 Orleans Ave Unit 2829 New Orleans, LA | 1.0 | 1.0 | 663 | $1,200 | $1.81 | 24d | 1 | 0.46mi |
| 2831 Orleans Ave Unit 2831 New Orleans, LA | 1.0 | 1.0 | 663 | $1,150 | $1.73 | 24d | 1 | 0.46mi |
| 403 S Lopez St New Orleans, LA | 2.0 | 1.0 | 820 | $1,500 | $1.83 | 12d | 1 | 0.46mi |
| 2911 Orleans Ave Unit 2909 New Orleans, LA | 2.0 | 1.0 | 925 | $1,400 | $1.51 | 15d | 1 | 0.47mi |
| 2615 Saint Ann St New Orleans, LA | 2.0 | 1.0 | 950 | $1,400 | $1.47 | 24d | 1 | 0.48mi |
| 2321 Gravier St Unit 2321 New Orleans, LA | 2.0 | 1.0 | 985 | $1,500 | $1.52 | 16d | 1 | 0.49mi |
| 2543 Saint Ann St New Orleans, LA | 2.0 | 2.0 | 880 | $1,650 | $1.88 | 4d | 1 | 0.49mi |
| 2543 Saint Ann St New Orleans, LA | 2.0 | 2.0 | 880 | $1,650 | $1.88 | 3d | 1 | 0.49mi |
| 322 N Norman C Francis Pkwy New Orleans, LA | 2.0 | 1.0 | 900 | $1,400 | $1.56 | 24d | 1 | 0.50mi |
| 2300 Gravier St Unit 2300 New Orleans, LA | 2.0 | 1.0 | 1078 | $1,395 | $1.29 | 17d | 1 | 0.52mi |
| 2304 Gravier St Unit 2304 New Orleans, LA | 3.0 | 2.0 | 1112 | $1,800 | $1.62 | 16d | 1 | 0.52mi |
| 2919 Gravier St New Orleans, LA | 2.0 | 1.0 | 1000 | $1,600 | $1.60 | 24d | 1 | 0.53mi |
| 2516 Dumaine St Unit C New Orleans, LA | 2.0 | 1.0 | 825 | $1,200 | $1.45 | 24d | 1 | 0.54mi |
| 2922 Gravier St New Orleans, LA | 2.0 | 1.0 | 822 | $1,300 | $1.58 | 24d | 1 | 0.55mi |
| 2502 Dumaine St New Orleans, LA | 2.0 | 1.0 | 966 | $1,195 | $1.24 | 3d | 1 | 0.55mi |
| 2502 Dumaine St New Orleans, LA | 2.0 | 1.0 | 966 | $1,195 | $1.24 | 24d | 1 | 0.55mi |
| 916 N Broad St New Orleans, LA | 2.0 | 2.5 | 1100 | $1,900 | $1.73 | 3d | 1 | 0.56mi |
| 3423 Iberville St Unit A New Orleans, LA | 2.0 | 1.0 | 876 | $1,450 | $1.66 | 4d | 1 | 0.57mi |
Listing history 32 events
-
2026-06-18days on market $205,000 Active 150 DOM
-
2026-06-17days on market $205,000 Active 149 DOM
-
2026-06-16days on market $205,000 Active 148 DOM
-
2026-06-15days on market $205,000 Active 147 DOM
-
2026-06-13days on market $205,000 Active 145 DOM
-
2026-06-10days on market $205,000 Active 142 DOM
-
2026-06-09days on market $205,000 Active 141 DOM
-
2026-06-08days on market $205,000 Active 140 DOM
-
2026-06-07days on market $205,000 Active 139 DOM
-
2026-06-05days on market $205,000 Active 136 DOM
-
2026-06-03days on market $205,000 Active 135 DOM
-
2026-06-02days on market $205,000 Active 134 DOM
-
2026-06-01days on market $205,000 Active 133 DOM
-
2026-05-31days on market $205,000 Active 132 DOM
-
2026-05-12price $205,000 891-char remark
Show marketing remark (891 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you’re looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-04-16price $210,000 891-char remark
Show marketing remark (891 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you’re looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-03-25price $220,000 891-char remark
Show marketing remark (891 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you’re looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-03-10price $230,000 891-char remark
Show marketing remark (891 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you’re looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2026-01-19$240,000 Active 891-char remark
Show marketing remark (891 chars)
Ideal opportunity for buyers seeking a low-maintenance property with built-in rental income in the thriving New Orleans Market. This setup features a one-bedroom main unit plus a separate studio, making it perfect to live in one and rent the other to offset monthly expenses. The property is currently producing $2,300 in rental income, offering immediate cash flow and flexibility for owner-occupants or investors alike. Its efficient layout and smaller footprint make it an excellent option for buyers who want income without the upkeep of a larger multifamily property. Whether you’re looking to offset your housing costs with rental income or add a reliable cash-flowing asset to your portfolio, this property combines simplicity, income stability, and long-term value. Schedule a showing before it's too late! Tenant-occupied. Do not disturb tenants. Showings by appointment only.
-
2023-01-06soldstatus $493,000 Closed 482-char remark
Show marketing remark (482 chars)
Beautifully renovated shotgun double located in the heart of the city! Just minutes from Bayou St. John, City Park, and Downtown. This home oozes New Orleans charm, but with all the modern updates. You’ll love the designer kitchen, with gleaming tile and quartz. The bathrooms feature large showers and beautiful tile work. Each side has its own porch and private backyard space. Great investment opportunity for str with Jazzfest and the Fairgrounds blocks away. Owner Agent.
-
2022-12-05status Pending 482-char remark
Show marketing remark (482 chars)
Beautifully renovated shotgun double located in the heart of the city! Just minutes from Bayou St. John, City Park, and Downtown. This home oozes New Orleans charm, but with all the modern updates. You’ll love the designer kitchen, with gleaming tile and quartz. The bathrooms feature large showers and beautiful tile work. Each side has its own porch and private backyard space. Great investment opportunity for str with Jazzfest and the Fairgrounds blocks away. Owner Agent.
-
2022-12-02$499,000 Active 482-char remark
Show marketing remark (482 chars)
Beautifully renovated shotgun double located in the heart of the city! Just minutes from Bayou St. John, City Park, and Downtown. This home oozes New Orleans charm, but with all the modern updates. You’ll love the designer kitchen, with gleaming tile and quartz. The bathrooms feature large showers and beautiful tile work. Each side has its own porch and private backyard space. Great investment opportunity for str with Jazzfest and the Fairgrounds blocks away. Owner Agent.
-
2022-09-26soldstatus $269,500 Closed
-
2022-09-16status Pending
-
2022-09-02price $289,000
-
2022-08-22status Active
-
2022-08-22price $299,000
-
2022-08-11status Pending
-
2022-07-07price $339,000
-
2022-06-16price $345,000
-
2022-04-06price $355,000
-
2022-03-22$375,000 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,000
- − Mortgage interest
- −$11,483
- − Property taxes
- −$3,075
- − Insurance
- −$1,025
- − Repairs & maintenance
- −$2,160
- − Management
- −$2,160
- − Depreciation
- −$5,964
- Taxable income
- $1,133
- Est. tax owed @ 24.0%
- −$272
- After-tax cash flow
- $4,058/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 · 13 photos
A moderately rehabbed property with fair exterior and interior conditions, requiring some exterior painting and bathroom tile replacement to boost its value.
Repairs flagged
- Minor exterior siding — Light discoloration
- Minor bathroom tiles — Some discoloration
Value-add opportunities
- Both paint exterior — Enhances curb appeal and value
- Both replace bathroom tiles — Improves functionality and aesthetics
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| exterior siding · Light discoloration | Minor | $500–3,000 |
| bathroom tiles · Some discoloration | Minor | $500–3,000 |
| Total estimated repair cost · 2 items | $1,000–6,000 |
Value-add ROI direction
- Both paint exterior — Enhances curb appeal and value ↑
- Both replace bathroom tiles — Improves functionality and aesthetics ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
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)
- 37,253
- Household income
- $53,143
- Rent vs 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 |
|---|---|---|
| Telecommunications | 2 | $23B |
|
||
| Utilities | 1 | $12B |
|
||
| Wholesale / Distribution | 1 | $5B |
|
||
| Advertising | 1 | $2B |
|
||
Price history
-45.3% since first listed18 events — show timeline
- 2026-05-12 Price Changed $205,000 GSREIN
- 2026-04-16 Price Changed $210,000 GSREIN
- 2026-03-25 Price Changed $220,000 GSREIN
- 2026-03-10 Price Changed $230,000 GSREIN
- 2026-01-19 Listed $240,000 GSREIN
- 2023-01-06 Sold (MLS) $493,000 GSREIN
- 2022-12-05 Pending — GSREIN
- 2022-12-02 Listed $499,000 GSREIN
- 2022-09-26 Sold (MLS) $269,500 GSREIN
- 2022-09-16 Pending — GSREIN
- 2022-09-02 Price Changed $289,000 GSREIN
- 2022-08-22 Relisted — GSREIN
- 2022-08-22 Price Changed $299,000 GSREIN
- 2022-08-11 Pending — GSREIN
- 2022-07-07 Price Changed $339,000 GSREIN
- 2022-06-16 Price Changed $345,000 GSREIN
- 2022-04-06 Price Changed $355,000 GSREIN
- 2022-03-22 Listed $375,000 GSREIN
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…