Triplex with Detached
For Sale
$583,000
Pending
6216-18 FONTAINEBLEAU Drive, New Orleans, LA 70125
Multifamily, New Orleans, LA
Property Size3,311 SF
Lot Size0.10 Acres
Days on Market38
Property Features for 6216-18 FONTAINEBLEAU Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 5
Patio and Porch features
Porch
Lot features
Corner Lot
Directions
On the Corner of Calhoun and Fontainebleau
Standard status
Pending
APN
615210906
Size
3,311 SF
Lot size
0.10 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
BURTHEVILLE SQ 146 LOT Y FONTAINEBLEAU & CALHOUN 42X104 DUP-W 6216-18 FONTAINEBLEAU DR FILE #79137 5/99
Legal Description
BURTHEVILLE SQ 146 LOT Y FONTAINEBLEAU & CALHOUN 42X104 DUP-W 6216-18 FONTAINEBLEAU DR FILE #79137 5/99
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central, Ductless (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1940
Number of units
3
Architectural style
Colonial
Buildings
2
Listing Agency:
Berkshire Hathaway HS - Garden District/Uptown · Berkshire Hathaway HomeServices
(504) 799-1702
Listed By:
Edward J Breaux · License #995695890
(504) 319-1701
Added: Sep 17
Changed: Oct 23
Last Checked: Oct 24 at 3:06AM
MLS# 2577439
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1940 Colonial triplex includes two apartments in the main house and a detached rear efficiency. Each main-house unit has 2 bedrooms, 2 full baths, and approximately 1,300 square feet; the upper apartment also has a private balcony. Across the property, the configuration totals 5 bedrooms and 5 full baths in approximately 3,311 square feet. Interior features include hardwood floors, millwork, a double parlor, and breakfast nooks, with a covered front porch outside.
The two main-house units are vacant, and the rear efficiency is occupied. The property sits on a 0.1003-acre corner lot in New Orleans’ Fontainebleau neighborhood, with access to the interstate, downtown, Carrollton, Uptown, and nearby universities. The site is in an X flood zone.
The two main-house units are vacant, and the rear efficiency is occupied. The property sits on a 0.1003-acre corner lot in New Orleans’ Fontainebleau neighborhood, with access to the interstate, downtown, Carrollton, Uptown, and nearby universities. The site is in an X flood zone.
Key Highlights
- Two main‑house apartments, each with 2 bedrooms, 2 full baths, and approximately 1,300 square feet
- Detached rear efficiency is occupied; both main‑house apartments are vacant
- 5 bedrooms and 5 full baths across approximately 3,311 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,926
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,520
$838.5K
Cap Rate 7%
$598,943
$598.9K
Cap Rate 9%
$465,844
$465.8K
Market Conditions
NOI Build-Up for 3,311 SF
Gross rent
$65.6K $19.80/SF
− Vacancy
−$5.7K −$1.71/SF
EGI
$59.9K $18.09/SF
− OpEx
−$18.0K −$5.43/SF
NOI
$41.9K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,520
Cap Rate 7%
$598,943
Cap Rate 9%
$465,844
Alternative Uses
Best Use
Multifamily LT 5
$598.9K
$524.1K – $698.8K
NOI $41,926 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$550.5K
$481.7K – $642.3K
NOI $38,536 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$841.5K
$736.4K – $981.8K
NOI $58,908 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
Explore this area
Business Placement
Demographics for 70125, LA
17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Two main-house apartments are vacant, while a separate rear efficiency is occupied.
Where is this triplex located?
The property is located at 6216-18 FONTAINEBLEAU Drive New Orleans, LA.
What is the asking price?
The asking price for this property is $583,000.
What are key features of this property?
This property features: Two main‑house apartments, each with 2 bedrooms, 2 full baths, and approximately 1,300 square feet; Detached rear efficiency is occupied; both main‑house apartments are vacant; 5 bedrooms and 5 full baths across approximately 3,311 square feet
