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Image 1 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 2 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 3 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 4 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 5 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 6 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 7 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Image 8 - 5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA - House for sale

Home For Sale In New Orleans, Louisiana

5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA

Home For Sale In New Orleans, Louisiana

house for sale

6 views

Listed: 11/09/23

5340 Marais Street, Lower Ninth Ward, New Orleans, LA 70117, USA

4 Bed:

2 Bath:

2,494 Sq Ft Living Area:

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Price

$ 262,000

Price: Lower

Show 6 more

About This House

Incredible Opportunity . hack the rental market and Bring in your tenants. if not, occupy one unit rent free by using the extra income ! Each unit offers 2 Spacious Bedrooms and 1 full bath. There is even a unit in the rear that was formally used as an Efficiency . each have there own electrical and Water meter so tenants will pay their own bills. Plus, X Flood Zone. Why are we even still talking about this!? It's a No Brainer. Let's Go!

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New Orleans Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$516,159 (+3.3%)
Apr 2024	$499,896 (0%)
Mar 2024	$499,896 (0%)
Feb 2024	$499,896 (0%)
Jan 2024	$499,896 (-15.3%)
Dec 2023	$590,519 (+16.3%)

In May 2024, the asking price for 4 bed houses for sale in/near New Orleans, United States averaged $516,159, an increase of 3.3% from the previous month.

Median price trends for properties for sale in New Orleans, United States as of May 2024.

Household Income

Median household income: $38,423

Number of households: 155,104

The average household income in New Orleans, LA grew from $36,999 to $38,423 in the past year. This data is an estimate based upon 155,104 households in New Orleans, LA.
The chart below presents how household income is distributed in New Orleans, LA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Orleans, LA compared to median property taxes around the country. The prevalent amount of property taxes in New Orleans, LA equals $3k+ , which is less than the national average.

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