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Brick Duplex with Private Entrances

425 DUBARRY Street Chalmette, LA 70043

425 DUBARRY Street, Chalmette, LA, 70043
$225,000
For Sale
$225,000

MULTI_FAMILY - Chalmette, LA

Property Size1,700 SF
Price / SF$132.35
Days on Market11

Property Features for 425 DUBARRY Street

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Parking features
Driveway
Exterior features
Fence
Fencing
Fenced
Standard status
Active
APN
3043204A0007
Size
1,700 SF

Taxes and HOA fees

Tax Description
Per Title

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1973
Floors in Building
1
Number of units
2
Roof type
Shingle
Architectural style
Ranch
Listing Agency REVE, REALTORS
4827 Prytania St, New Orleans, LA
Listed by Lara Schultz · License #000075293
Added: Jul 7 Checked: Jul 17 at 9:06 am
MLS# 2566289 Listing URL

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

A well-maintained brick duplex built in 1973 offering two 2-bedroom, 1-bath units. Each unit includes comfortable living space and features updated tile flooring, ceiling fans, eat-in kitchens with abundant wood cabinetry, and generous counter space. Bathrooms have also been updated. Operationally, the property is designed for independence, with each unit having its own entrance, private yard space, and dedicated parking.

Located in Chalmette in St. Bernard Parish, the duplex is fully occupied with long-term tenants in place. Current total rent is stated as $2,250 per month. The property is described as being within a USDA Rural Development eligible area, which may support a qualified owner-occupant purchase with 100% financing and no down payment.

This layout and configuration can suit investors seeking a turnkey, occupied duplex or an owner-occupant who prefers to separate living spaces while renting the other unit. With two distinct entrances and dedicated outdoor/parking areas for each tenant, the property is set up to support day-to-day resident convenience.

Key Highlights

  • Well‑maintained brick duplex built in 1973 with 2 bed/1 bath units
  • Each unit offers 850 sq ft and includes updated tile flooring, ceiling fans, and updated bathrooms
  • Each unit has its own entrance, private yard space, and dedicated parking

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.2k $17.16
− Vacancy −$2.5k −$1.48
EGI $26.7k $15.68
− OpEx −$8.0k −$4.70
NOI $18.7k $10.97
1,700 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$266.5K
$233.2K – $310.9K (±1% cap)
NOI $18,656 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$249.1K
$218.0K – $290.7K (±1% cap)
NOI $17,440 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$448.5K
$392.5K – $523.3K (±1% cap)
NOI $31,396 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Well-maintained brick duplex with two separate 2-bedroom units, each with its own entrance, yard space, and parking.
Where is this duplex located?
The property is located at 425 DUBARRY Street Chalmette, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Well‑maintained brick duplex built in 1973 with 2 bed/1 bath units; Each unit offers 850 sq ft and includes updated tile flooring, ceiling fans, and updated bathrooms; Each unit has its own entrance, private yard space, and dedicated parking
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