1356 Flanders St, New Orleans, LA, 70114
About This Home
12-unit multifamily investment opportunity with strong income and upside potential. X Flood Zone. Currently generating $9,100/month with room to increase rents. Property features a newer roof, updated AC units, fresh exterior paint, and a camera system. Select units include new flooring, refrigerators, and stoves. Well-maintained with recent improvements, this property is ideal for investors seeking steady cash flow and future growth. Rent roll available upon request.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Very Good Condition
- Year built: 1967
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Multi Family,Apartment
Interior
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Heating & Cooling
- Heating features: Ductless,Wall Furnace
- Cooling features: Ductless,Wall Unit(s)
Interior Area
- Total interior livable area: 6,100 sqft
Property
Details
- Parcel number: 513709440
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Exterior features: Fence
Lot
- Lot size: 7,373 sqft
- Features: City Lot,Irregular Lot
- Lot size dimensions: 73/114 x 101/92
Parking
- Parking features: Driveway,Off Street
- 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
- 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 | $4,045 | $48,540 |
| Home Insurance * | $1,369 | $16,428 |
| Property Taxes | $566 | $6,792 |
| Electricity | $461 | $5,534 |
| Total | $6,441 | $77,292 |
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 |
|---|---|---|
| 2026-05-06 | Price change | $998,000 |
| 2026-04-06 | Listed for sale | $1,050,000 |
| 2024-07-25 | Sold | -- |
| 2024-07-15 | Contingent | $1,000,000 |
| 2024-06-18 | Price change | $1,000,000 |
| 2024-06-11 | Price change | $1,200,000 |
| 2024-05-28 | Listed for sale | $1,000,000 |
| 2021-12-30 | Sold | -- |
| 2021-10-15 | Pending sale | $695,000 |
| 2021-09-29 | Price change | $695,000 |
| 2021-08-21 | Price change | $829,000 |
| 2021-08-05 | Listed for sale | $895,000 |
| 2016-07-11 | Sold | -- |
| 2006-09-25 | Sold | -- |
| 2003-05-02 | Sold | -- |
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