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720 Soraparu St, New Orleans, LA, 70130

4beds
4baths
1,582sqft
$339,900
$215price/sqft
$2,511/moest. monthly cost
$100,440/yrincome needed

About This Home

Fabulous Double Shotgun Cottage in the Irish Channel — Investment Opportunity! Fantastic opportunity to renovate a classic double shotgun cottage in the highly desirable Irish Channel. This property offers dual rental potential or the perfect fix-and-flip project for investors. The home has been fully gutted and is ready for transformation into a beautiful single-family residence or income-producing double. Major improvements already completed include foundation work, new underground plumbing, new framing, new Hardie board siding, and fresh exterior paint. Roof is About 4 to 5 Years Old. With strong rental demand and excellent resale potential, this property is ideal for investors, developers, or renovators ready to bring their vision to life. Prime Location, less than a mile to Magazine, St. Charles, the Streetcar & all NOLA has to offer! X Flood Zone. Schedule your appointment today!

Getting Around

86
WalkingVery Walkable
49
TransitSome Transit
79
BikeVery Bikeable

Construction

Condition

  • Property condition: Poor Condition
  • Year built: 1923

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Hardboard

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,582 sqft

Property

Details

  • Parcel number: 411105521
  • Special condition: None

Features

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

Lot

  • Lot size: 3,180 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 30 x 106/107

Parking

  • Parking features: None

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
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
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 $1,718$20,616
Home Insurance *$406$4,872
Property Taxes $240$2,880
Electricity $147$1,773
Total$2,511$30,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,091/yr
40% on housing$75,330/yr
45% on housing$66,960/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

$215This listing

vs Other Active Listings

Avg $/sqft

ZIP 70130$310
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70130$370
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)

Price History

DateEventPrice
2026-04-04Listed for sale$379,900
2023-03-08Listing removed$290,000
2023-02-07Listed for sale$290,000
2022-06-08Sold--

For Sale by Agent

AgentFeras Ayyad
BrokerageNOLA Living Realty

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