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4740 Banks St, New Orleans, LA, 70119

2beds
3baths
1,564sqft
$325,000
$208price/sqft
$2,379/moest. monthly cost
$95,160/yrincome needed

About This Home

Located in the heart of Mid-City on a corner lot, this updated townhome offers an open, light-filled floor plan with modern finishes throughout. The spacious living, dining, 1/2 bath and kitchen areas flow seamlessly together, while the updated kitchen features quartz countertops, shaker cabinetry, stainless steel appliances, and a pantry with ample storage. Upstairs, each bedroom includes its own private en suite bathroom, providing comfort and privacy. Outside, the fenced backyard offers space to relax or entertain, and off-street parking adds everyday convenience. New central HVAC equipment, underground drain line, LVP flooring and kichen & bathrooms. Just minutes from City Park, the streetcar, neighborhood restaurants, and downtown, this move-in-ready home combines quality updates including less than 5 year old roof with an exceptional Mid-City location.

Getting Around

75
WalkingVery Walkable
57
TransitGood Transit
84
BikeVery Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 1990

Materials

  • Foundation: Slab
  • Roof: Asphalt,Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Range,Refrigerator

Bathroom

  • Level: Second
  • Dimensions: 9.2 x 5.7

Bedroom

  • Level: Second
  • Dimensions: 13.2 x 10.5

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 16.8 x 9.5

Features

  • Ceiling Fan(s),Stone Counters,Stainless Steel Appliances
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,1 Unit

Interior Area

  • Total structure area: 1,578
  • Total interior livable area: 1,564 sqft

Kitchen

  • Level: First
  • Dimensions: 13.2 x 10.5

Living Room

  • Level: First
  • Dimensions: 16.8 x 15

Master Bathroom

  • Level: Second
  • Dimensions: 9.2 x 7.6

Master Bedroom

  • Level: Second
  • Dimensions: 14.5 x 15

Property

Details

  • Parcel number: 105309401
  • Attached to another structure: Yes
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Exterior features: Fence

Lot

  • Lot size: 1,950 sqft
  • Features: Corner Lot,City Lot
  • Lot size dimensions: 26' x 75'

Parking

  • Total spaces: 1
  • Parking features: Driveway,One Space
  • 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
    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 $1,643$19,716
Home Insurance *$359$4,308
Property Taxes $230$2,760
Electricity $147$1,773
Total$2,379$28,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,565/yr
40% on housing$71,370/yr
45% on housing$63,440/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

$208This listing

vs Other Active Listings

Avg $/sqft

ZIP 70119$144
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70119$233
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
2026-07-21Price change$325,000
2026-07-09Listed for sale$339,000
2026-01-07Sold--
2025-06-06Listing removed$185,000
2025-05-24Listed for sale$185,000
2006-09-29Sold--

For Sale by Agent

AgentAaron Dare
BrokerageCrane Realtors

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