




831 Opelousas Ave, New Orleans, LA, 70114
About This Home
Beautifully renovated Algiers Point gem with commercial short-term rental permits already in place. A rare turnkey investment opportunity with no homestead requirement to operate! Originally rich with historic New Orleans character and thoughtfully reimagined in 2022, this stunning 5-bedroom, 2-bath residence seamlessly blends timeless architecture with elevated modern finishes in one of the city’s most beloved & walkable neighborhoods. Nestled just blocks from the Mississippi River levee, charming neighborhood cafés, local pubs, & the ferry to the French Quarter, the location offers an authentic New Orleans lifestyle with unmatched convenience and charm. Inside, soaring ceilings and gleaming hardwood floors create an airy, inviting atmosphere throughout no carpet! The spacious floor plan is perfectly suited for entertaining, large gatherings, or maximizing short-term rental potential. Designer lighting, stone and granite countertops, stainless steel appliances, and beautifully updated interiors provide a polished, move-in-ready feel while still honoring the home’s historic soul. Significant system upgrades offer peace of mind, including HVAC systems and water heater approximately three years old. The raised foundation, fenced backyard, and welcoming covered front porch further enhance both functionality & curb appeal. Even better, the property is located in an area where flood insurance is not required. One of the most valuable features of this property is its already-secured commercial Airbnb permits — an increasingly rare asset in New Orleans and a major advantage for investors seeking immediate income potential without the lengthy permitting process. Whether envisioned as a luxury primary residence, stylish second home, or high-performing short-term rental, this home delivers the perfect combination of historic elegance, modern comfort, unbeatable walkability, and exceptional income-producing potential in the heart of iconic Algiers Point.
Getting Around
Schools
Construction
Condition
- Property condition: Excellent
- Year built: 1900
Materials
- Foundation: Raised
- Roof: Asphalt,Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Oven,Range,Refrigerator,Washer,ENERGY STAR Qualified Appliances
Bathroom
- Level: First
- Dimensions: 6.8 x 9.5
Bedroom
- Level: First
- Dimensions: 10.3 x 14
Bedroom
- Level: First
- Dimensions: 14 x 14.5
Bedroom
- Level: Second
- Dimensions: 10.3 x 11.3
Bedroom
- Level: Second
- Dimensions: 11.6 x 11.2
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Level: First
- Dimensions: 13 x 14
Family Room
- Level: First
- Dimensions: 13 x 14.3
Features
- Granite Counters,Pantry,Stone Counters,Stainless Steel Appliances
- Fireplace features: Other
- Fireplace: Yes
Heating & Cooling
- Heating features: Window Unit
- Cooling features: Central Air,Window Unit(s)
Interior Area
- Total structure area: 2,258
- Total interior livable area: 2,158 sqft
Kitchen
- Level: First
- Dimensions: 11.8 x 14
Laundry
- Level: First
- Dimensions: 6.3 x 11.2
Living Room
- Level: First
- Dimensions: 11.9 x 14.3
Master Bathroom
- Level: First
- Dimensions: 11.1 x 11.2
Master Bedroom
- Level: First
- Dimensions: 13.7 x 14.1
Mud Room
- Level: First
- Dimensions: 7.2 x 11.2
Porch
- Level: First
- Dimensions: 6.2 x 5.3
Porch
- Level: First
- Dimensions: 25.2 x 7.5
Property
Details
- Parcel number: 513202209
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Covered,Porch
- Exterior features: Fence,Porch
Lot
- Lot size: 4,159 sqft
- Features: City Lot,Rectangular Lot
- Lot size dimensions: 32 x 130
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
- Heat Wave
- 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 | $2,604 | $31,248 |
| Home Insurance * | $881 | $10,572 |
| Property Taxes | $364 | $4,368 |
| Electricity | $163 | $1,957 |
| Total | $4,012 | $48,144 |
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 |
|---|---|---|
| 2026-05-25 | Listed for sale | $515,000 |
| 2026-05-06 | Listing removed | $515,000 |
| 2026-02-04 | Price change | $515,000 |
| 2025-11-08 | Listed for sale | $525,000 |
| 2021-12-10 | Sold | -- |
| 2021-10-30 | Pending sale | $299,900 |
| 2021-10-15 | Price change | $299,900 |
| 2021-10-01 | Price change | $314,900 |
| 2021-08-02 | Pending sale | $349,900 |
| 2021-07-24 | Price change | $349,900 |
| 2021-06-30 | Pending sale | $374,900 |
| 2021-05-16 | Price change | $374,900 |
| 2021-04-29 | Listed for sale | $399,900 |
| 2014-12-31 | Sold | -- |
