2918-20 Pakenham Drive, Chalmette, LA 70043
Duplex ideal for owner-occupancy or investment in Chalmette.
- Added:
- Sep 26, 2025
- Days on Market:
- 257
- Last Refresh:
- Mar 13 at 3:06 pm
Property Features for 2918-20 Pakenham Drive
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1983
Listing agent Troy Lee License #912124134 (504) 473-2771
Listing office Keller Williams Realty New Orleans (504) 473-2771
Listing date Sep 26, 2025
Source Compass
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 New Orleans
HighLights
- Opportunity to owner occupy and have rental income offset mortgage payments.
- Move‑in ready condition.
- Central air conditioning and heating.
- Brick construction.
- Four total bedrooms.
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chalmette
- County
- St. Bernard
- State
- Louisiana
- Longitude
- -89.9702
- Latitude
- 29.948446
