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2543-45 Gravier St, New Orleans, LA, 70119

2beds
2baths
1,193sqft
$185,000
$155price/sqft
$1,417/moest. monthly cost
$56,680/yrincome needed

About This Home

Investor’s Dream! This income-producing duplex offers an excellent opportunity in a highly sought-after location and is priced to move. With solid structural integrity and significant potential, it’s a strong fit for investors or buyers seeking to renovate and create added value. Each unit includes a generous layout, a welcoming front porch, and a private backyard with a pergola—well-suited for outdoor enjoyment. The interiors provide a blank canvas with abundant possibilities for customization. Whether you're looking to house hack or expand your rental holdings, this property presents a compelling path to building equity and generating consistent income. Conveniently positioned for access to key amenities and transportation routes. Property is being sold as-is. This is a short sale. All offers must include proof of funds or a pre-approval letter.

Getting Around

82
WalkingVery Walkable
61
TransitGood Transit
96
BikeBiker's Paradise

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1950

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

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

Heating & Cooling

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

Interior Area

  • Total interior livable area: 1,193 sqft

Property

Details

  • Parcel number: 105201501
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 2,844 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 36 x 79

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 $935$11,220
Home Insurance *$204$2,448
Property Taxes $131$1,572
Electricity $147$1,773
Total$1,417$17,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,582/yr
40% on housing$42,510/yr
45% on housing$37,786/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

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 70119$145
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70119$233
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
2026-02-11Price change$185,000
2025-08-27Price change$195,000
2025-06-10Listed for sale$197,000
2025-03-31Listing removed$199,990
2025-02-07Listed for sale$199,990
2019-12-18Sold--

For Sale by Agent

AgentAshley Nash
BrokerageABEK Real Estate

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