710 BURDETTE Street, New Orleans, LA 70118
- Added:
- Apr 1, 2025
- Days on Market:
- 435
- Last Refresh:
- Jun 9 at 6:06 pm
Property Features for 710 BURDETTE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Exterior features
- Porch Screened In
- Standard status
- Pending
- APN
- 716105711
- Size
- 5,655 SF
Utilities
- Heating system
- Central
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Number of units
- 6
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent S. Parkerson McEnery (504) 605-4400
Listing office The McEnery Company 810 Union Street, 4th Floor, New Orleans, LA (504) 274-2701
Listing date Apr 1, 2025
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
- Prime location in the highly sought‑after University neighborhood, near Tulane and Loyola Universities.
- Multi‑family property with six units, offering a mix of one, two, and three‑bedroom configurations.
- Walking distance to St. Charles Avenue and the Maple Street commercial corridor, with access to shopping, dining, and entertainment.
- Units are separately metered for utilities.
- Well‑maintained property with strong future demand and stable occupancy due to barriers to entry.
- Features central heating and cooling (central air and window units).
Overview
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 | $131.6k | $23.28 |
| − Vacancy | −$12.0k | −$2.12 |
| EGI | $119.7k | $21.16 |
| − OpEx | −$53.9k | −$9.52 |
| NOI | $65.8k | $11.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.130956
- Latitude
- 29.942212
