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920-22 Vallette St, New Orleans, LA, 70114

4beds
4baths
2,400sqft
$179,000
$75price/sqft
$1,518/moest. monthly cost
$60,720/yrincome needed

About This Home

INVESTORS SPECIAL! Exceptional cash-flowing fourplex located in the highly desirable Algiers Point area. This property generates a robust total monthly rent of $4,417, offering an immediate and reliable stream of income for your portfolio.Situated in a preferred X flood zone, this property features a massive yard and historically high occupancy with long-term tenant stability. Each of the four units consists of a comfortable 1-bedroom, 1-bathroom layout, maximizing tenant appeal in a premier rental market. DO NOT DISTURB TENANTS

Getting Around

70
WalkingSomewhat Walkable
42
TransitSome Transit
71
BikeVery Bikeable

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1950

Materials

  • Foundation: Raised
  • Roof: Asphalt,Shingle

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: Other
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 2,400 sqft

Property

Details

  • Parcel number: 0
  • Special condition: None

Features

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

Lot

  • Lot size: 4,653 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 33 x 141

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
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 $905$10,860
Home Insurance *$306$3,672
Property Taxes $126$1,512
Electricity $181$2,177
Total$1,518$18,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,045/yr
40% on housing$45,540/yr
45% on housing$40,480/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

$75This listing

vs Other Active Listings

Avg $/sqft

ZIP 70114$136
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70114$139
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)

No zestimate history available

Price History

DateEventPrice
2026-06-05Listed for sale$179,000
2018-07-09Sold--
2012-10-03Sold--

For Sale by Agent

AgentJennifer Blanchard
BrokerageKELLER WILLIAMS REALTY 455-0100

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