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Renovated Duplex with Workshop

2317 Delille Street Chalmette, LA 70043

2317 Delille Street, Chalmette, LA, 70043
$300,000
For Sale
$300,000

Newly renovated duplex with no tenants since renovation, plus an included 20x20 workshop with a garage door.

Property Size2,251 SF
Price / SF$133.27
Days on Market91

Property Features for 2317 Delille Street

General Information

Standard status
Active
Size
2,251 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse

Building Details

Year Built
1960
Listing agency ERA Top Agent Realty
Listed by Richard Bulot · License #995686343
Source Compass
Added: Apr 22 Updated: Jul 21 at 2:57AM Checked: Jul 21 at 2:57AM

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 ERA Top Agent Realty


Investment Insights

Based on property information with market context.

This newly renovated duplex has not had tenants live in either side since the renovation. The property also includes a 20x20 workshop equipped with a garage door, providing practical space for storage or light work.

Located at 2317 Delille Street in Chalmette, the home is reported as about 10 miles to the French Quarter and Downtown New Orleans, and a few miles from the new Alabo Street Wharf Sunrise Foods Grain Terminal just across Jackson Barracks.

For regional context, the remarks note development and industrial activity connected to the Domino Sugar Refinery, Chalmette Refinery (formerly Exxon-Mobil), Valero Refinery, the St. Bernard Port, and the Louisiana International Cargo Container Terminal. The area is also described as having a 22'-25' flood wall encircling Arabi, Chalmette, Meraux & Violet.

Key Highlights

  • Newly renovated duplex with no tenants living in either side since renovation
  • Included 20x20 workshop with a garage door
  • 5 bedrooms and 3 full bathrooms; central air and central heating

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 $38.6k $17.16
− Vacancy −$3.3k −$1.48
EGI $35.3k $15.68
− OpEx −$10.6k −$4.70
NOI $24.7k $10.97
2,251 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$352.9K
$308.8K – $411.7K (±1% cap)
NOI $24,703 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$329.9K
$288.7K – $384.9K (±1% cap)
NOI $23,093 @ 7.0% cap · market cap 7.70%
Theoretical Best
Office A
$593.9K
$519.6K – $692.9K (±1% cap)
NOI $41,571 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Carpet & Flooring Store Computer & Electronic Repair Tech Support Center (Bike/Boat/Book/etc) Store Plumbing Service Florist (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Newly renovated duplex with no tenants since renovation, plus an included 20x20 workshop with a garage door.
Where is this duplex located?
The property is located at 2317 Delille Street Chalmette, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Newly renovated duplex with no tenants living in either side since renovation; Included 20x20 workshop with a garage door; 5 bedrooms and 3 full bathrooms; central air and central heating
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