New-Construction
For Sale
$375,000
3410 Montesquieu St, Chalmette, LA 70043
Two contemporary residences offer private driveways, separate utilities, and modern interiors near everyday amenities.
Property Size2,113 SF
Price / SF$177.47
Days on Market35
Property Features for 3410 Montesquieu St
General Information
Standard status
Active
Size
2,113 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Buildings
1
Construction
modern
Listing Agency:
Century 21 Action Realty, Inc.
(504) 606-0466
Listed By:
April Brown
(504) 606-0466
Source:
Hospitalityrealty
Added: Jul 26
Changed: Aug 28
Last Checked: Aug 26 at 12:41PM
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 Century 21 Action Realty, Inc.
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two residences, each with three bedrooms and two bathrooms. Both units feature an open-concept arrangement, a primary suite with walk-in closet, contemporary cabinetry, stone countertops, and a full set of stainless steel appliances. Separate utilities and private driveways serve each residence, while the property is built on a slab foundation with updated finishes throughout.
The property is positioned near interstate access, shopping, restaurants, and other everyday amenities. Its two-unit configuration supports flexible residential use, including occupancy of one residence while the other is leased, subject to applicable requirements.
The property is positioned near interstate access, shopping, restaurants, and other everyday amenities. Its two-unit configuration supports flexible residential use, including occupancy of one residence while the other is leased, subject to applicable requirements.
Key Highlights
- 2026‑built duplex with two residential units
- Each unit includes 3 bedrooms and 2 bathrooms
- Primary suites include walk‑in closets
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,188
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$463,760
$463.8K
Cap Rate 7%
$331,257
$331.3K
Cap Rate 9%
$257,644
$257.6K
Market Conditions
NOI Build-Up for 2,113 SF
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.
Gross rent
$36.3K $17.16/SF
− Vacancy
−$3.1K −$1.48/SF
EGI
$33.1K $15.68/SF
− OpEx
−$9.9K −$4.70/SF
NOI
$23.2K $10.97/SF
Area
St. Bernard County, LA
Vacancy
8.64%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$463,760
Cap Rate 7%
$331,257
Cap Rate 9%
$257,644
Alternative Uses
Best Use
Multifamily LT 5
$331.3K
$289.9K – $386.5K
NOI $23,188 @ 7.0% cap · market cap 6.18%
Second Best
Apartment 5plus
$309.7K
$271.0K – $361.3K
NOI $21,677 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$557.5K
$487.8K – $650.4K
NOI $39,023 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 70043, LA
21,596
Population
8,782
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
83%
High-School Grad
9.1 sq mi
ZIP Area
2,373
Density / Sq Mi
$57,065
Median Household Income
$37,969
Median Earnings
$1,091
Median Rent
$203,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two contemporary residences offer private driveways, separate utilities, and modern interiors near everyday amenities.
Where is this duplex located?
The property is located at 3410 Montesquieu St Chalmette, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2026‑built duplex with two residential units; Each unit includes 3 bedrooms and 2 bathrooms; Primary suites include walk‑in closets
