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    Turnkey Occupied Duplex Title is generated by Realmo AI

    8430 JEANNETTE Street, New Orleans, LA 70118

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    Claim this Listing
    For Sale
    $365,000

    MULTI_FAMILY - New Orleans, LA

    Property size:
    1,561 SF
    Price / SF:
    $233/SF
    Added:
    Apr 6, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 12 at 6:06 am

    Property Features for 8430 JEANNETTE Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Exterior features
    Fence
    Fencing
    Fenced
    Standard status
    Active
    APN
    716203707
    Size
    1,561 SF

    Taxes and HOA fees

    Tax Description
    1. SQ 178 LOT C JEANNETTE 2. 8430-32 JEANNETTE 3. 30 X 90

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1963
    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Lauren Lawson
    Lauren Lawson

    Listing agent Lauren Lawson License #995704895

    Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA

    Listing date Apr 6, 2026

    MLS# 2551340 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.

    HighLights

    • Income‑producing double occupied by long‑term tenants, providing immediate rental income
    • Located in X Flood Zone
    • Central heating and central air conditioning
    • Fenced exterior
    • Public water service
    • Built in 1963 with a shingle roof

    Overview

    This turnkey occupied duplex offers two units designed for straightforward, low-maintenance living. The property is described as recently updated and is currently in place with long-term tenants, supporting an “in place” income setup. The overall presentation is intended to be tenant-friendly while keeping ongoing upkeep manageable.

    The duplex is located in New Orleans at 8430 Jeannette Street, positioned in an X Flood Zone. Public remarks indicate it is highly walkable and provides easy access to public transportation, along with nearby restaurants and local shops. The property is also described as being near S. Carrollton and Oak Street.

    For buyers or investors looking for a residential income property with existing occupancy, this duplex provides a practical option with tenants already in place. Its updated condition and low-maintenance framing may appeal to operators who want to minimize friction from day one while managing a duplex asset in a convenient, well-accessed area.

    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 $30.9k $19.80
    − Vacancy −$2.7k −$1.71
    EGI $28.2k $18.09
    − OpEx −$8.5k −$5.43
    NOI $19.8k $12.66
    1,561 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $282.4K
    $247.1K – $329.4K (±1% cap)
    NOI $19,766 @ 7.0% cap · market cap 5.42%
    Second Best
    Apartment 5plus
    $259.5K
    $227.1K – $302.8K (±1% cap)
    NOI $18,168 @ 7.0% cap · market cap 4.98%
    Theoretical Best
    Office A
    $396.8K
    $347.2K – $462.9K (±1% cap)
    NOI $27,773 @ 7.0% cap · market cap 7.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.130759
    Latitude
    29.951836

    FAQs

    What type of property is this?
    Duplex - Updated double with long-term tenants and low-maintenance operation in an X Flood Zone location.
    Where is this duplex located?
    The property is located at 8430 JEANNETTE Street New Orleans, LA.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: Income‑producing double occupied by long‑term tenants, providing immediate rental income; Located in X Flood Zone; Central heating and central air conditioning
    More about this property
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