1333-31 Elmira Ave, New Orleans, LA, 70114
About This Home
Looking for a smart investment opportunity in the heart of the Westbank? This property offers a strong combination of homeownership and income potential. A double that features 2 bedrooms and 1 bathroom on each side—giving you the option to live in one unit while renting out the other. Generate rental income to help offset your mortgage or add this property to your portfolio as a solid income-producing asset. Whether you're stepping into homeownership or expanding your investments, this property delivers flexibility and opportunity. Don’t miss your chance to secure a property with built-in earning potential in New Orleans!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Average Condition
- Year built: 1937
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: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,456 sqft
Property
Details
- Parcel number: 513304014
- Special condition: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Porch
- Exterior features: Porch
Lot
- Lot size: 3,598 sqft
- Features: Outside City Limits,Rectangular Lot
- Lot size dimensions: 30 x 120
Parking
- Total spaces: 2
- Parking features: Driveway,Two Spaces
- 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 | $1,061 | $12,732 |
| Home Insurance * | $359 | $4,308 |
| Property Taxes | $148 | $1,776 |
| Electricity | $147 | $1,773 |
| Total | $1,715 | $20,580 |
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 |
|---|---|---|
| 2026-05-01 | Listed for sale | $220,000 |
View on Zillow