Single-Story Brick
400 East Liberaux Street Chalmette, LA 70043
400 East Liberaux Street, Chalmette, LA, 70043
$325,000
For Sale
$325,000
Solid all-brick duplex with two separate units, each with individual street access and in-unit den, kitchen, and washer/dryer hookups.
Property Size1,800 SF
Price / SF$180.56
Days on Market101
Property Features for 400 East Liberaux Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1900
Listing agency
Fiorella Avenue Realty
(985) 707-3544
Listed by
Becky Jones · License #000031612
(985) 707-3544
Source
Compass
Added: Apr 13 Updated: Jul 22 at 11:56AM Checked: Jul 22 at 11:56AM
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 Fiorella Avenue Realty
Investment Insights
Based on property information with market context.
This solid all-brick, single-story duplex offers two separate units with individual street access. Unit A fronts LaPlace St and features three bedrooms and two full baths, along with a den, kitchen, and washer/dryer hookups. Unit B fronts E. Libreaux St and includes two bedrooms and one bath, plus a den, kitchen, and washer/dryer hookups.
The property is located in Chalmette, with easy access to New Orleans and the French Quarter, supporting commuter-friendly living and tenant demand.
Both units are laid out with a den and kitchen, and each includes washer/dryer hookups, supporting comfortable everyday use for residents.
The property is located in Chalmette, with easy access to New Orleans and the French Quarter, supporting commuter-friendly living and tenant demand.
Both units are laid out with a den and kitchen, and each includes washer/dryer hookups, supporting comfortable everyday use for residents.
Key Highlights
- Solid all‑brick, single‑story duplex built in 1900 with slab foundation and asphalt roof
- Two separate units with individual street access: 3BR/2BA (fronts LaPlace St) and 2BR/1BA (fronts E. Libreaux St)
- Each unit includes a den and kitchen, plus washer/dryer hookups
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 | $30.9k | $17.16 |
| − Vacancy | −$2.7k | −$1.48 |
| EGI | $28.2k | $15.68 |
| − OpEx | −$8.5k | −$4.70 |
| NOI | $19.8k | $10.97 |
1,800 SF · lease $17.16/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$282.2K
$246.9K – $329.2K
NOI $19,753 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$263.8K
$230.8K – $307.8K
NOI $18,466 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$474.9K
$415.5K – $554.0K
NOI $33,242 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Solid all-brick duplex with two separate units, each with individual street access and in-unit den, kitchen, and washer/dryer hookups.
Where is this duplex located?
The property is located at 400 East Liberaux Street Chalmette, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Solid all‑brick, single‑story duplex built in 1900 with slab foundation and asphalt roof; Two separate units with individual street access: 3BR/2BA (fronts LaPlace St) and 2BR/1BA (fronts E. Libreaux St); Each unit includes a den and kitchen, plus washer/dryer hookups
