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3155 Law St, New Orleans, LA, 70117

3beds
1baths
1,006sqft
$125,000
$124price/sqft
$1,061/moest. monthly cost
$42,440/yrincome needed

About This Home

Discover a fantastic opportunity to own this well-maintained, tenant-occupied 3-bedroom, 1 full bath home in New Orleans. Offering approximately 1,006 living square feet, this raised home features a functional open layout, central heating and air conditioning, Energy Star appliances, washer and dryer hookups, off-street parking, and a welcoming front porch. Whether you're looking to expand your real estate portfolio or purchase a home with immediate income potential, this property offers outstanding value. Conveniently located with easy access to downtown New Orleans, major roadways, shopping, restaurants, schools, and everyday conveniences. Don't miss this excellent opportunity—schedule your private showing today!

Getting Around

25
WalkingCar-Dependent
32
TransitSome Transit
46
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Average Condition
  • Year built: 2006

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Oven,Range,Refrigerator,ENERGY STAR Qualified Appliances

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s)
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,056
  • Total interior livable area: 1,006 sqft

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 39W615427
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None,Porch
  • Exterior features: Porch

Lot

  • Lot size: 3,210 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 30 x 107

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $632$7,584
Home Insurance *$194$2,328
Property Taxes $88$1,056
Electricity $147$1,773
Total$1,061$12,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$36,377/yr
40% on housing$31,830/yr
45% on housing$28,293/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 70117$126
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70117$178
Orleans Parish$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$100,000
2026-07-20Listed for sale$125,000
2023-12-18Listing removed--
2023-05-08Listing removed$150,000
2023-05-08Price change$150,000
2023-04-17Listed for sale$160,000
2020-06-26Sold--
2008-08-27Sold--
2007-05-23Sold--

For Sale by Agent

AgentSeecharran Santoke
BrokerageBerkshire Hathaway HomeServices Preferred, REALTOR

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