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725-27 Desire St, New Orleans, LA, 70117

2beds
2baths
1,882sqft
$699,000
$371price/sqft
$5,262/moest. monthly cost
$210,480/yrincome needed

About This Home

Back on the market! Rare opportunity to purchase a newly constructed (2020) Townhouse Style Duplex with an in-ground pool in the Bywater Neighborhood in New Orleans. Close proximity to the French Quarter, Marigny and CBD. Conveniently located just steps from Satsuma, Alma, Bywater Bakery, Elizabeth's, & The Country Club. The property is zoned HMR-3 and is currently tenant occupied. To be sold as a package along with 3400 Desire St. which is also listed for sale (MLS No. 2488068).

Getting Around

25
WalkingCar-Dependent
31
TransitSome Transit
44
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 2020

Materials

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

Type & Style

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

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

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

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,882 sqft

Property

Details

  • Parcel number: 39W107917
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: In Ground
  • Patio & porch: Balcony,Porch
  • Exterior features: Balcony,Porch

Lot

  • Lot size: 3,480 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 20 x 120

Parking

  • Parking features: 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 $3,534$42,408
Home Insurance *$1,086$13,032
Property Taxes $495$5,940
Electricity $147$1,773
Total$5,262$63,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$180,411/yr
40% on housing$157,860/yr
45% on housing$140,320/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

$371This listing

vs Other Active Listings

Avg $/sqft

ZIP 70117$123
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
2025-03-02Listed for sale$699,000
2025-02-21Listing removed$699,000
2024-07-12Price change$699,000
2024-02-23Listed for sale$773,000

For Sale by Agent

AgentPhillipa Bowers
BrokerageREVE, REALTORS

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