New Construction Duplex with
3400 Montesquieu Street Chalmette, LA 70043
3400 Montesquieu Street, Chalmette, LA, 70043
$429,900
For Sale
$429,900
Move-in ready duplex with modern interiors, 3BR/3BA units, and oversized second-story balconies with glass railings.
Property Size2,744 SF
Price / SF$156.67
Days on Market163
Property Features for 3400 Montesquieu Street
General Information
- Standard status
- Active
- Size
- 2,744 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 2026
Listing agency
1 Percent Lists Legacy
(985) 265-2046
Listed by
Trey Miley · License #995709617
(985) 265-2046
Source
Compass
Added: Feb 8 Updated: Jul 21 at 4:58AM Checked: Jul 21 at 4:58AM
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 1 Percent Lists Legacy
Investment Insights
Based on property information with market context.
New construction, move-in ready duplex featuring a clean gable-style facade with smooth stucco exterior and black-framed windows. Each side is laid out as an open-concept living and kitchen area anchored by a waterfall-edge island, with modern cabinetry, stainless steel appliances, and matte black fixtures. The homes include 3 bedrooms and 3 bathrooms, approximately 9-foot ceilings, wide-plank flooring, recessed lighting, and a full-size laundry area. Upstairs, oversized second-story balconies include glass railings, and primary suites feature spa-inspired bathrooms with oversized tiled showers and frameless glass enclosures.
The property is located near Chalmette’s growing retail corridor with easy access to ALDI, Bravata Fitness, Smoothie King, McDonald’s, Waffle House, and major routes throughout St. Bernard Parish and greater New Orleans. Off-street parking and rear patio and fenced yard space are included.
Built as a two-unit income property designed for owner-occupancy and rental income from the other side, offering low-maintenance finishes throughout.
The property is located near Chalmette’s growing retail corridor with easy access to ALDI, Bravata Fitness, Smoothie King, McDonald’s, Waffle House, and major routes throughout St. Bernard Parish and greater New Orleans. Off-street parking and rear patio and fenced yard space are included.
Built as a two-unit income property designed for owner-occupancy and rental income from the other side, offering low-maintenance finishes throughout.
Key Highlights
- Move‑in ready modern duplex (2 stories) built in 2026 with stucco exterior and asphalt roof
- Each unit offers about 1,372 SF with 3 bedrooms and 3 full bathrooms
- Open‑concept living and kitchen with 9‑foot ceilings, wide‑plank flooring, recessed lighting, and stainless steel appliances
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 | $47.1k | $17.16 |
| − Vacancy | −$4.1k | −$1.48 |
| EGI | $43.0k | $15.68 |
| − OpEx | −$12.9k | −$4.70 |
| NOI | $30.1k | $10.97 |
2,744 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$430.2K
$376.4K – $501.9K
NOI $30,113 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$402.2K
$351.9K – $469.2K
NOI $28,151 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$723.9K
$633.5K – $844.6K
NOI $50,676 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Move-in ready duplex with modern interiors, 3BR/3BA units, and oversized second-story balconies with glass railings.
Where is this duplex located?
The property is located at 3400 Montesquieu Street Chalmette, LA.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Move‑in ready modern duplex (2 stories) built in 2026 with stucco exterior and asphalt roof; Each unit offers about 1,372 SF with 3 bedrooms and 3 full bathrooms; Open‑concept living and kitchen with 9‑foot ceilings, wide‑plank flooring, recessed lighting, and stainless steel appliances
