Duplex with Extra
3438-40 Jackson Boulevard Chalmette, LA 70043
3438-40 Jackson Boulevard, Chalmette, LA, 70043
$285,000
For Sale
$285,000
Duplex offering an extra lot, with ample parking and yard space for flexible owner-tenant living.
Property Size2,400 SF
Price / SF$118.75
Days on Market633
Property Features for 3438-40 Jackson Boulevard
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1993
Listing agency
ERA Top Agent Realty
(504) 554-3992
Listed by
Joy Gilmore · License #000039239
(504) 554-3992
Source
Compass
Added: Oct 28, 2024 Updated: Jul 22 at 5:41AM Checked: Jul 22 at 5:41AM
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 duplex at 3438-40 Jackson Boulevard, Chalmette, LA 70043 is being offered with an extra lot and a configuration that supports owner-occupancy while renting the other side. The property includes lots of parking and yard space, providing practical outdoor and off-street options for day-to-day use.
The layout lends itself to either living in one unit and collecting rental income from the other or using the full duplex as a residential income investment. The additional lot adds flexibility to the property’s overall site plan and use.
As an investment-focused residential income property, it offers a straightforward duplex setup paired with parking and outdoor space.
The layout lends itself to either living in one unit and collecting rental income from the other or using the full duplex as a residential income investment. The additional lot adds flexibility to the property’s overall site plan and use.
As an investment-focused residential income property, it offers a straightforward duplex setup paired with parking and outdoor space.
Key Highlights
- Duplex with 5 bedrooms and 3 full bathrooms
- 1‑story brick and vinyl siding duplex built in 1993
- Central air and central heating
Local Financial Insights For Apartment 5plus
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 | $49.2k | $20.52 |
| − Vacancy | −$4.5k | −$1.87 |
| EGI | $44.8k | $18.65 |
| − OpEx | −$20.1k | −$8.39 |
| NOI | $24.6k | $10.26 |
2,400 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$376.3K
$329.2K – $439.0K
NOI $26,338 @ 7.0% cap · market cap 9.24%
Second Best
Apartment 5plus
$351.7K
$307.8K – $410.4K
NOI $24,622 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$633.2K
$554.0K – $738.7K
NOI $44,323 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offering an extra lot, with ample parking and yard space for flexible owner-tenant living.
Where is this duplex located?
The property is located at 3438-40 Jackson Boulevard Chalmette, LA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Duplex with 5 bedrooms and 3 full bathrooms; 1‑story brick and vinyl siding duplex built in 1993; Central air and central heating
