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4037 N Galvez St, New Orleans, LA, 70117

1beds
1baths
1,324sqft
$175,000
$132price/sqft
$1,426/moest. monthly cost
$57,040/yrincome needed

About This Home

Great development opportunity in the Historic Urban Two-Family Residential District (HU-RD2) of the Upper 9th Ward! Held in the seller's family for decades, this prime succession property features a ~1,324 sq ft solid concrete building (approx. 28'x28' main area + 20'x27' addition) on a ~9,270 sq ft lot (90' x 103') ; ~0.21 acres. Ideally suited for commercial storage, laydown yard, workshop, or mixed-use redevelopment. Being sold strictly AS-IS with Waiver of Warranty (seller clearing all vehicles and interior contents prior to closing). Note: Adjoining parcel at 2112 Mazant St (MLS # 2026013722) is also available—ideal for expanding your footprint or securing a package deal! Buyer to verify all utilities, zoning restrictions, and lot dimensions. Rare oversized square parcel featuring ~90 feet of street frontage along N. Galvez St with a total lot size of ~9,270 sq ft (0.21 acres)! Includes a 1,324 sq ft solid concrete building on-site. Zoned HU-RD2, offering incredible flexibility for commercial storage, flex space, or residential development. Sold AS-IS (all vehicles and interior contents cleared prior to closing). Adjoining lot at 2112 Mazant St also available for a package deal!

Getting Around

44
WalkingCar-Dependent
34
TransitSome Transit
70
BikeVery Bikeable

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence,Residential

Interior

Bedroom1

  • Level: Main
  • Area: 540

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,324
  • Total interior livable area: 1,324 sqft

Property

Details

  • Parcel number: 39W508119
  • Special condition: Standard

Features

  • Stories: 1
  • Frontage length: 90

Lot

  • Lot size: 9,147 sqft
  • Features: Corner Lot
  • Lot size dimensions: 90 x 103

Parking

  • Total spaces: 4
  • Parking features: 4+ Cars Park,Off Street

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
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
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 $884$10,608
Home Insurance *$272$3,264
Property Taxes $123$1,476
Electricity $147$1,773
Total$1,426$17,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,891/yr
40% on housing$42,780/yr
45% on housing$38,026/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

$132This 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)

No zestimate history available

Price History

DateEventPrice
2026-07-27Listed for sale$175,000

For Sale by Agent

AgentCharlotte Word
BrokerageRealty Plus LLC

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