425 DUBARRY Street, Chalmette, LA 70043
MULTI_FAMILY - Chalmette, LA
- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 4:06 pm
Property Features for 425 DUBARRY Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking features
- Driveway
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 3043204A0007
- Size
- 1,700 SF
Taxes and HOA fees
- Tax Description
- Per Title
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Lara Schultz License #000075293 (504) 300-0700
Listing office REVE, REALTORS 4827 Prytania St, New Orleans, LA (504) 300-0700
Listing date Jul 7, 2026
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Well‑maintained brick duplex built in 1973 with 2 bed/1 bath units
- Each unit offers 850 sq ft and includes updated tile flooring, ceiling fans, and updated bathrooms
- Each unit has its own entrance, private yard space, and dedicated parking
- Central heating and central air; shingle roof
- Fenced property with driveway parking and public water service
- Fully occupied with long‑term tenants and current total rent of $2,250/month; located in a USDA Rural Development eligible area
Overview
Located in Chalmette in St. Bernard Parish, the duplex is fully occupied with long-term tenants in place. Current total rent is stated as $2,250 per month. The property is described as being within a USDA Rural Development eligible area, which may support a qualified owner-occupant purchase with 100% financing and no down payment.
This layout and configuration can suit investors seeking a turnkey, occupied duplex or an owner-occupant who prefers to separate living spaces while renting the other unit. With two distinct entrances and dedicated outdoor/parking areas for each tenant, the property is set up to support day-to-day resident convenience.
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
Map
- City
- Chalmette
- County
- St. Bernard
- State
- Louisiana
- Longitude
- -89.953919
- Latitude
- 29.952528
