8430 JEANNETTE Street, New Orleans, LA 70118
- Added:
- Apr 6, 2026
- Days on Market:
- 68
- Last Refresh:
- Jun 12 at 9:06 am
Property Features for 8430 JEANNETTE Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 716203707
- Size
- 1,561 SF
Taxes and HOA fees
- Tax Description
- 1. SQ 178 LOT C JEANNETTE 2. 8430-32 JEANNETTE 3. 30 X 90
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Lauren Lawson License #995704895 (337) 522-7554
Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA (337) 522-7554
Listing date Apr 6, 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
- Income‑producing double occupied by long‑term tenants, providing immediate rental income
- Located in X Flood Zone
- Central heating and central air conditioning
- Fenced exterior
- Public water service
- Built in 1963 with a shingle roof
Overview
The duplex is located in New Orleans at 8430 Jeannette Street, positioned in an X Flood Zone. Public remarks indicate it is highly walkable and provides easy access to public transportation, along with nearby restaurants and local shops. The property is also described as being near S. Carrollton and Oak Street.
For buyers or investors looking for a residential income property with existing occupancy, this duplex provides a practical option with tenants already in place. Its updated condition and low-maintenance framing may appeal to operators who want to minimize friction from day one while managing a duplex asset in a convenient, well-accessed area.
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 | $19.80 |
| − Vacancy | −$2.7k | −$1.71 |
| EGI | $28.2k | $18.09 |
| − OpEx | −$8.5k | −$5.43 |
| NOI | $19.8k | $12.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.130759
- Latitude
- 29.951836