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3609-11 Marais St, New Orleans, LA, 70117

5beds
4baths
2,387sqft
$575,000
$241price/sqft
$4,387/moest. monthly cost
$175,480/yrincome needed

About This Home

Thoughtfully designed and built for both comfort and functionality, this newer construction multi-family property offers a rare opportunity to own a versatile, income-producing asset in one of New Orleans’ most dynamic neighborhoods. The property features two well-appointed units with clean, contemporary finishes throughout. The lower unit offers 3 bedrooms, 2 bathrooms, and approximately 1,350 square feet, while the upper unit includes 2 bedrooms, 2 bathrooms, and approximately 1,037 square feet. Each space is designed with open-concept living in mind, filled with natural light and a layout that feels both elevated and livable. Inside, you’ll find wide-plank wood flooring, tall ceilings, and a bright, airy feel enhanced by large windows. The kitchens serve as a true focal point, featuring stainless steel appliances, gas ranges, vented hoods, subway tile backsplashes, and oversized islands with warm wood countertops that contrast beautifully with the cabinetry. Open shelving and thoughtful storage details add both style and functionality. Bathrooms are finished with a modern, cohesive look, including custom tilework, glass-enclosed showers, double vanities in select spaces, and sleek fixtures that carry a consistent design throughout. The primary suite offers a more elevated feel with generous proportions and a well-appointed en suite bath. Additional interior features include in-unit laundry for both units, recessed lighting, contemporary ceiling fans, and a neutral color palette that makes the spaces feel move-in ready while still offering room for personalization. The upper unit enjoys access to a large private rooftop deck, offering a standout outdoor space with open sky views that is ideal for entertaining or relaxing. A low-maintenance yard below adds additional outdoor flexibility without the upkeep. Located in the Bywater/St. Claude corridor, this property places you just minutes from the French Quarter and Bywater, with easy access to some of the city’s best restaurants, live music, coffee shops, and local favorites. The area continues to see strong demand thanks to its walkability, creative energy, and proximity to downtown. Well-suited for an owner-occupant looking to offset their mortgage, an investor seeking solid rental potential, or a buyer in need of a flexible living arrangement, this property offers both immediate appeal and long-term value.

Getting Around

86
WalkingVery Walkable
40
TransitSome Transit
87
BikeVery Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 2021

Materials

  • Foundation: Raised
  • Roof: Asphalt,Shingle
  • Construction materials: HardiPlank Type

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

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

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,387 sqft

Property

Details

  • Parcel number: 39W302903
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Balcony,Porch
  • Exterior features: Balcony,Fence,Porch

Lot

  • Lot size: 3,300 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 30 x 110

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
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $2,907$34,884
Home Insurance *$893$10,716
Property Taxes $407$4,884
Electricity $180$2,165
Total$4,387$52,644
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,411/yr
40% on housing$131,610/yr
45% on housing$116,986/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

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 70117$124
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
2026-05-05Listed for sale$575,000
2021-04-13Sold--
2021-04-13Listed for sale$495,000

For Sale by Agent

AgentAdrienne LaBauve
BrokerageeXp Realty, LLC

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