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2545 Agriculture St, New Orleans, LA, 70122

7beds
7baths
4,400sqft
$489,000
$111price/sqft
$3,841/moest. monthly cost
$153,640/yrincome needed

About This Home

Investment Opportunity in Gentilly!! 2545-2553 Agriculture St. Two buildings with combined 7 units. 6 out 7 are occupied with long term tenants - all month to month leases. Flexible MU-1 Zoning: Designated as Medium Intensity Mixed Use, this property opens the door to abundant income streams. The ground floor of the 2551/2553 building is a blank canvas, ready to be developed into additional housing units or tailored for commercial use. Both buildings have approximately 5 year old roofs installed post-Ida. One water meter for each building in which tenants split proportionately. 6 total electric meters - 2553 A & B share one elec meter. Seller open to selling buildings separately, although subdivision will take additional months for completion. Measurements are estimated and not guaranteed.

Getting Around

41
WalkingCar-Dependent
34
TransitSome Transit
39
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1958

Materials

  • Foundation: Raised
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Multi Family,Apartment

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,400 sqft

Property

Details

  • Parcel number: 2545AGRICULTUREST
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Porch

Lot

  • Features: City Lot,Irregular Lot
  • Lot size dimensions: 38 x 48 x 33 x 14 x 68 x 75 x

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 $2,472$29,664
Home Insurance *$691$8,292
Property Taxes $346$4,152
Electricity $332$3,992
Total$3,841$46,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,691/yr
40% on housing$115,230/yr
45% on housing$102,426/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

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 70122$133
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70122$145
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
2026-05-26Listed for sale$489,000
2024-04-26Listing removed--
2024-02-08Pending sale$499,000
2023-11-27Listed for sale$499,000
2023-10-11Listing removed--
2023-08-28Listing removed--
2023-08-10Listed for rent$950
2023-05-26Listing removed$549,000
2023-05-26Price change$549,000
2023-04-13Listed for sale$599,000
1997-02-18Sold--

For Sale by Agent

AgentJennifer Cunningham
BrokerageSnap Realty

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