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Duplex (2 Units, Any Combination)Residential
Last sold for $258,000 on Sep 10, 2012

261 40TH ST

NEW ORLEANS, LA 70124
4
Beds
2
Baths
2,472 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
8
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$258,000 · Sep 10, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,346 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$32,930 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,930
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$32,930
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$329,300

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.28 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Duplex (2 Units, Any Combination)
CountyOrleans
Lot (acres)The size of the land the home sits on, from county records.0.14
ConstructionThe main material the home's frame and walls are built from.Brick
HeatingThe type of heating system in the home.None

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Mary Bethune Elementary Literature/TechnologyA-
Elementary · Grades PK–8 · 4.1 mi
M
Benjamin Franklin Elementary Math and ScienceB
Middle · Grades PK–8 · 6.4 mi

District: Orleans Parish School District

Neighborhood · ZIP 70124These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.64
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.86
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.27

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.20,658
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,006 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$113,051
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$140,081
Average tempThe average temperature here across a full year.69°F
Annual precipHow much rain and melted snow falls here in a typical year.65 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

261 40th St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 78% of homes in Orleans Parish County
  • Has a smaller lot than 68% of homes in New Orleans 70124
  • Older than 88% of homes in West End

How it measures up in New Orleans 70124

The dot is this home. The mark in the middle is the typical home in New Orleans 70124.

Living area2,472 ft²
SmallerTypical 2,299 ft²Bigger

Bigger than 58% of homes nearby

Lot size0.14 ac
SmallerTypical 0.14 acBigger

Bigger than 32% of homes nearby

Year built1955
OlderTypical 1965Newer

Newer than 30% of homes nearby

How 261 40th St ranks against every home in each area.
MeasureThis homeWest EndNew Orleans 70124Orleans Parish County
Living areabigger than2,472 ft²73% of homes58% of homes78% of homes
Lot sizebigger than0.14 ac54% of homes32% of homes65% of homes
Year builtnewer than195512% of homes30% of homes53% of homes

About 261 40th St

When did 261 40th St, New Orleans, LA last sell?

261 40th St, New Orleans, LA last sold on Sep 10, 2012 for $258,000, according to the county's recorded deed.

How big is 261 40th St, New Orleans, LA?

261 40th St, New Orleans, LA has 4 bedrooms, 2 bathrooms, 2,472 square feet of living space and a 0.14-acre lot.

When was 261 40th St, New Orleans, LA built?

261 40th St, New Orleans, LA was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 261 40th St, New Orleans, LA?

261 40th St, New Orleans, LA is assigned to Mary Bethune Elementary Literature/Technology (elementary), rated A-; Benjamin Franklin Elementary Math and Science (middle), rated B. All sit in Orleans Parish School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 261 40th St, New Orleans, LA compare to other homes in New Orleans 70124?

Among the 8,718 homes in New Orleans 70124, it is bigger than 58% of them (2,472 ft² against a typical 2,299 ft²), its lot is bigger than 32% of them (0.14 ac against a typical 0.14 ac) and it is newer than 30% of them (1955 against a typical 1965). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 261 40th St, New Orleans, LA?

The 2025 property tax bill for 261 40th St, New Orleans, LA was $4,346. The county assessed it at $32,930.

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