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2505 Painters St, New Orleans, LA, 70117

2beds
2baths
1,440sqft
$145,000
$101price/sqft
$1,207/moest. monthly cost
$48,280/yrincome needed

About This Home

New Orleans opportunity! This 2-bedroom, 2-full-bath home offers a spacious and functional layout with plenty of room to make it your own. The interior features generous living areas, an accommodating kitchen and dining space, two full bathrooms, and well-sized bedrooms. A significant improvement is already in place—the roof was replaced in 2023, adding value to this New Orleans property. Whether you're searching for a primary residence or evaluating your next real estate investment, this home offers an opportunity to bring your own vision to life. Located in New Orleans, a city internationally recognized for its distinctive architecture, food, music and history. IMPORTANT FINANCING/DISCLOSURE NOTICE: Property may not qualify for certain government-backed financing programs in its current condition. Buyer and buyer's agent are responsible for determining financing eligibility with buyer's lender. All buyers and buyer's agents should review the available Property Disclosure and other listing documents prior to submitting an offer. All offers must include current lender pre-approval documentation for financed purchases or proof of funds for cash purchases. Please submit a complete offer package with all attached documents. Property is owner occupied. Please respect the 4 hour showing notice and appointment instructions. Schedule your private showing and explore the possibilities this property has to offer! Sold As-Is, Government Financing may be limited but not completely out of the question.

Getting Around

53
WalkingSomewhat Walkable
38
TransitSome Transit
63
BikeBikeable

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1963

Materials

  • Foundation: Raised
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Range,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup

Bedroom

  • Level: Lower
  • Dimensions: 16x11

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Carbon Monoxide Detector,Pantry
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Kitchen

  • Level: Lower
  • Dimensions: 15x14

Laundry

  • Level: Lower
  • Dimensions: 8x6

Living Room

  • Level: Lower
  • Dimensions: 20x16

Master Bathroom

  • Level: Lower
  • Dimensions: 8x6

Master Bedroom

  • Level: Lower
  • Dimensions: 16x11

Property

Accessibility

  • Accessibility features: Accessibility Features

Details

  • Parcel number: 38W203920
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: Fence

Lot

  • Lot size: 2,879 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 35 x 90

Parking

  • Parking features: Carport
  • Carport: 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

  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
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 $733$8,796
Home Insurance *$225$2,700
Property Taxes $102$1,224
Electricity $147$1,773
Total$1,207$14,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,382/yr
40% on housing$36,210/yr
45% on housing$32,186/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

$101This 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
2026-08-14Price change$139,000
2026-07-25Listed for sale$145,000
1983-01-04Sold--

For Sale by Agent

AgentUlysses Barnes
BrokerageMelrose Group Realty

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