This was a pretty good spot to explore New Orleans from.
Pros:
Street parking never seemed to be a problem, even in carnival season. Street immediately in front is well lit by the church across the way.
Location is good. It's a bit of a trek to French Quarter/Bourbon Street, but ultimately it's walkable (we walked it 3 times).
Cons:
Locks were irritating, as the doors don't quite want to line up right.
Building is not particularly level, to the point it's noticeable walking through the apartment, and doors don't want to stay put (either self closing or opening). The person in the furthest bedroom on the right said that he slept better with his head at the foot of the bed due to floor slope.
Other Notes:
It was a little cold while we were in NOLA, so the walk down to Bourbon Street was a little brisk. It's a nicer walk if you cross the street and stay on the hospital side as you're walking down Canal since the sidewalk and buildings you walk past are in much better shape.
The backyard is a shared space with the other apartments in the building. This isn't really a pro or con, just a note that it is not a private yard.