2616 BURDETTE Street, New Orleans, LA 70125
MULTI_FAMILY - New Orleans, LA
- Added:
- Jul 6, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 7 at 7:06 am
Property Features for 2616 BURDETTE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage, Off Street
- Exterior features
- Fence, Window Screens
- Fencing
- Fenced
- Standard status
- Active
- APN
- 716324307
- Size
- 2,422 SF
Taxes and HOA fees
- Tax Description
- 1. SQ 383 LOT L BURDETTE 2. 35 X 105
Utilities
- Heating system
- Other (Heating), Central, Ductless (Heating)
- Cooling system
- Wall Unit(s), Central Air, Ductless
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Clare Folson License #995689817 (337) 522-7554
Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA (337) 522-7554
Listing date Jul 6, 2026
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
- Fontainebleau neighborhood home with hardwood floors and stained‑glass French casement windows
- Upstairs sunroom with air conditioning; upstairs includes double parlor, formal dining room, kitchen with breakfast nook
- Two bedrooms upstairs plus a bonus office room; upstairs full bathroom
- Downstairs offers 1 bedroom plus large living/dining/office space with kitchenette and a full bathroom
- Recent updates include new double‑pane windows, freshly painted and repaired siding, and newer mini‑splits downstairs
- Off‑street parking and garage; located in an X flood zone
Overview
Located at 2616 Burdette Street in the Fontainebleau neighborhood of New Orleans, the home sits on a tree-lined street. The property includes off-street parking and a garage, and it benefits from recent repaving of Burdette Street. The listing also notes the property is in an X flood zone.
Recent updates include new double-pane windows, fresh paint and repaired siding, and newer mini-splits downstairs. A pre-listing inspection was completed for buyer convenience, and related reports are available to interested buyers.
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 | $48.0k | $19.80 |
| − Vacancy | −$4.1k | −$1.71 |
| EGI | $43.8k | $18.09 |
| − OpEx | −$13.1k | −$5.43 |
| NOI | $30.7k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.116159
- Latitude
- 29.956095
