Brick Duplex with Private
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
(504) 300-0700
4827 Prytania St, New Orleans, LA
Listed by
Lara Schultz · License #000075293
(504) 300-0700
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.
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
NOI $18,656 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$249.1K
$218.0K – $290.7K
NOI $17,440 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$448.5K
$392.5K – $523.3K
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
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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