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1639 Arts St, New Orleans, LA, 70117

2beds
2baths
1,232sqft
$130,000
$106price/sqft
$1,098/moest. monthly cost
$43,920/yrincome needed

About This Home

Excellent Investment Opportunity just off Franklin and Claiborne Ave! This home has largely been renovated and just needs needs a purchaser to finish the project! The home was shored by Davie Shoring in 2022. The windows, drywall, and electrical are new. The plumbing has been roughed in. It sill needs kitchen cabinets, counter tops, light and plumbing fixtures, etc. Great location minutes to Downtown and French Quarter. St. Roch Market and other restaurants are in close proximity. Sold in As-is condition. Seller requires proof of funds or mortgage pre-approval with all offers.

Getting Around

81
WalkingVery Walkable
48
TransitSome Transit
87
BikeVery Bikeable

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1930

Materials

  • Foundation: Raised
  • Roof: Asphalt

Type & Style

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

Interior

Bedroom

  • Level: Lower
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,300
  • Total interior livable area: 1,232 sqft

Kitchen

  • Level: Lower
  • Dimensions: 8x6

Laundry

  • Level: Lower
  • Dimensions: 10x14

Master Bedroom

  • Level: Lower
  • Dimensions: 10x11

Property

Details

  • Parcel number: 38W106910
  • Special condition: Real Estate Owned

Features

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

Lot

  • Lot size: 2,613 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 31 x 90

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Heat Wave
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 $657$7,884
Home Insurance *$202$2,424
Property Taxes $92$1,104
Electricity $147$1,773
Total$1,098$13,176
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,645/yr
40% on housing$32,940/yr
45% on housing$29,280/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

$106This 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
2024-09-30Listing removed$169,000
2024-09-20Price change$169,000
2024-09-16Listed for sale$195,000
2023-04-25Listing removed$185,000
2023-04-25Listed for sale$185,000
2023-02-16Listing removed$185,000
2023-02-16Listed for sale$185,000
2023-02-11Listing removed--
2023-01-10Listed for sale$199,000
2022-09-08Sold--
2021-01-29Sold--
2020-12-28Pending sale$149,000
2020-12-22Listed for sale$149,000
2006-10-18Sold--

Unknown Listed By

AgentDavid Reso
BrokerageAudubon Realty, LLC

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