Two-Unit Duplex with Private
2013-17 Gallo Drive Chalmette, LA 70043
For Sale
$225,000
Pending
Well-maintained duplex with two separate two-bedroom units, each with its own garage and private yard.
Property Size1,977 SF
Days on Market272
Property Features for 2013-17 Gallo Drive
General Information
- Standard status
- Pending
- Size
- 1,977 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1969
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 517-6533
Listed By:
Mary Danna · License #995689808
(504) 517-6533
Source:
Compass
Added: Oct 26, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY 455-0100
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two separate 2-bedroom, 1-bath units. Each side includes its own garage and washer and dryer hookups, along with separate utilities and individual gas, water, and electric meters. Both units feature private yards, and one unit also includes a screened-in porch. Interiors have no carpet, which can simplify upkeep, and the roof is reported to be only 1 year old.
The property is located in Chalmette with convenient access to local shopping, dining, and schools.
As a residential income property configured as two independent units, it may appeal to buyers seeking a straightforward duplex setup with separate metering and outdoor space.
The property is located in Chalmette with convenient access to local shopping, dining, and schools.
As a residential income property configured as two independent units, it may appeal to buyers seeking a straightforward duplex setup with separate metering and outdoor space.
Key Highlights
- Well‑maintained duplex with two separate 2‑bedroom, 1‑bath units
- Each unit includes its own garage and private yard
- Separate utilities with gas, water, and electric meters for each side
Financial Insights For Apartment 5plus
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 | $40.6k | $20.52 |
| − Vacancy | −$3.7k | −$1.87 |
| EGI | $36.9k | $18.65 |
| − OpEx | −$16.6k | −$8.39 |
| NOI | $20.3k | $10.26 |
1,977 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$309.9K
$271.2K – $361.6K
NOI $21,696 @ 7.0% cap · market cap 9.64%
Second Best
Apartment 5plus
$289.7K
$253.5K – $338.0K
NOI $20,282 @ 7.0% cap · market cap 9.01%
Theoretical Best
Office A
$521.6K
$456.4K – $608.5K
NOI $36,511 @ 7.0% cap · market cap 16.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two separate two-bedroom units, each with its own garage and private yard.
Where is this duplex located?
The property is located at 2013-17 Gallo Drive 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 duplex with two separate 2‑bedroom, 1‑bath units; Each unit includes its own garage and private yard; Separate utilities with gas, water, and electric meters for each side