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136-38 Cherokee St, New Orleans, LA, 70118

3beds
3baths
2,870sqft
$199,000
$69price/sqft
$1,623/moest. monthly cost
$64,920/yrincome needed

About This Home

Location, Location! This property has so much potential * investor's dream!! 2 separate units...off-street parking!

Getting Around

75
WalkingVery Walkable
53
TransitGood Transit
97
BikeBiker's Paradise

Construction

Condition

  • Property condition: Poor Condition
  • Year built: 1985

Materials

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

Type & Style

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

Interior

Appliances

  • Laundry features: Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,870 sqft

Property

Details

  • Parcel number: 716100807
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Features: Corner Lot,City Lot,Oversized Lot
  • Lot size dimensions: 94 x 141 x 1.8 x 107

Parking

  • Total spaces: 3
  • Parking features: Off Street,Three or more Spaces

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 $1,006$12,072
Home Insurance *$260$3,120
Property Taxes $140$1,680
Electricity $217$2,604
Total$1,623$19,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,645/yr
40% on housing$48,690/yr
45% on housing$43,280/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

$69This listing

vs Other Active Listings

Avg $/sqft

ZIP 70118$235
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70118$261
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
2025-09-05Price change$199,000
2025-02-28Price change$239,900
2025-01-31Listed for sale$250,000

For Sale by Agent

AgentCorinne Fox
BrokerageCompass Uptown-Maple St

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