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1426 Carondelet St, New Orleans, LA, 70130

7beds
5baths
2,997sqft
$788,000
$263price/sqft
$5,710/moest. monthly cost
$228,400/yrincome needed

About This Home

Experience the timeless elegance of New Orleans living with this historic fourplex located at 1426 Carondelet Street. Built in 1880, this property combines classic architectural character with an unbeatable location just one block from the St. Charles Avenue streetcar line. Situated in the heart of the city, this is a prime opportunity for investors to acquire a unique asset in Carondelet St. This four-unit investment property offers a strong blend of historical charm and operational stability. The building is currently 50% occupied, providing immediate income potential upon acquisition. To respect the privacy of our current residents, all showings require a minimum of 24-hour advance notice. Please contact us to schedule your private tour of this exceptional investment opportunity.

Getting Around

96
WalkingWalker's Paradise
65
TransitGood Transit
86
BikeVery Bikeable

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1880

Materials

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

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex,Multi Family,Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total interior livable area: 2,997 sqft

Property

Details

  • Parcel number: 101107002
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Balcony,Porch
  • Exterior features: Balcony,Porch

Lot

  • Lot size: 4,042 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 4,043

Parking

  • Parking features: None

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 $3,984$47,808
Home Insurance *$942$11,304
Property Taxes $558$6,696
Electricity $226$2,719
Total$5,710$68,520
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,771/yr
40% on housing$171,300/yr
45% on housing$152,266/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

$263This listing

vs Other Active Listings

Avg $/sqft

ZIP 70130$308
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70130$370
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
2026-05-04Price change$815,000
2026-04-19Listed for sale$864,000
2020-07-01Listing removed$1,500
2020-06-14Listed for rent$1,500
2015-05-19Sold--

For Sale by Agent

AgentLeo Lalla
BrokerageLALLA Real Estate, LLC

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