2225 Marais St, New Orleans, LA, 70117
About This Home
Calling all investors! Here’s your opportunity to own an income-producing double ($2070 per month) in New Orleans with strong upside potential. Whether you’re looking to expand your investment portfolio or take advantage of an owner-occupant income strategy, 2225–27 Marais offers flexibility and opportunity. This tenant-occupied classic New Orleans double shotgun in the New Marigny neighborhood features two 2-bedroom, 1-bath units with shared laundry. Updates and improvements have already been completed for the next owner to further enhance value and optimize returns. Location is everything, and this one delivers. Just one block from vibrant St. Claude Avenue, you’ll enjoy a highly walkable lifestyle with neighborhood favorites like Roberts Fresh Market, the New Orleans Food Co-op, St. Roch Market, Who Dat Café, and Arabella Casa di Pasta & so many more nearby. Some of the city’s favorite nightlife and live music destinations—including Siberia, No Dice, The Allways and Emporium Arcade Bar—are just blocks away. Tenant occupied; 24–48 hours’ notice for showings. Flood Zone X.
Getting Around
Walker's Paradise
Good Transit
Biker's ParadiseSchools
Construction
Condition
- Property condition: Average Condition
- Year built: 1930
Materials
- Foundation: Raised
- Roof: Shingle
- Construction materials: Asbestos,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Cottage
- Property subType: Duplex,Multi Family,Multi Family,Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Gas,Window Unit
- Cooling features: Window Unit(s)
Interior Area
- Total interior livable area: 1,512 sqft
Property
Details
- Parcel number: per title
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Fence
Lot
- Lot size: 2,343 sqft
- Features: City Lot,Rectangular Lot
- Lot size dimensions: 33 x 71
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
- Cold Wave
- Heat Wave
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Louisiana Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $879 | $10,548 |
| Home Insurance * | $270 | $3,240 |
| Property Taxes | $123 | $1,476 |
| Electricity | $147 | $1,773 |
| Total | $1,419 | $17,028 |
Income You'd Need if You Spent...
Louisiana FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-10 | Listed for sale | $199,900 |
| 2025-06-27 | Listing removed | $995 |
| 2025-06-16 | Listed for rent | $995 |
| 2025-05-21 | Listing removed | $995 |
| 2025-04-08 | Listed for rent | $995 |
| 2025-03-31 | Listing removed | $995 |
| 2025-03-17 | Listed for rent | $995 |
| 2021-02-28 | Listing removed | -- |
| 2020-08-15 | Listing removed | $890 |
| 2020-08-01 | Price change | $890 |
| 2020-07-17 | Price change | $900 |
| 2020-06-21 | Price change | $925 |
| 2020-05-28 | Listed for rent | $975 |
| 2019-05-28 | Listing removed | $900 |
| 2019-05-02 | Listed for rent | $900 |
| 2018-08-07 | Sold | -- |
| 2004-05-25 | Sold | -- |
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