Duplex with Eleven-Foot
5513 TCHOUPITOULAS Street New Orleans, LA 70115
5513 TCHOUPITOULAS Street, New Orleans, LA, 70115
$520,000
For Sale
$520,000
MULTI_FAMILY - New Orleans, LA
Property Size2,501 SF
Price / SF$207.92
Days on Market174
Property Features for 5513 TCHOUPITOULAS Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Patio and Porch features
- Porch
- Exterior features
- Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 614105103
- Size
- 2,501 SF
Taxes and HOA fees
- Tax Description
- SQ 130 Lot B
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1914
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agency
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed by
Lynn Morgan · License #000021015
(504) 669-8822
Added: Jan 30 Updated: Jul 11 at 6:34AM Checked: Jul 23 at 7:06AM
MLS# 2540777
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.
Investment Insights
Based on property information with market context.
This duplex offers two residential units with details carried through from a prior renovation completed in 2006. Features include eleven-foot ceilings, oak flooring, and stainless steel kitchen appliances. Each unit has a separate laundry facility. Units are being sold furnished, providing a turn-key option for an owner-occupant or a tenant-ready investment. The 5513 unit includes a dedicated staircase to an approximately 826 square foot bonus room under air/heat, which is included in the living space.
The property is positioned in New Orleans, with easy access to Uptown, Garden District, Audubon Park, and downtown. It is located across from an Aldi market, and near Riverside Market restaurants and shops. There is also easy walking access to Magazine shops and restaurants.
For tenants or owner-occupants, the combination of furnished living space, separated laundry areas, and the bonus-room configuration in the 5513 unit supports flexible day-to-day use. The 5513 unit is currently leased until December 2026, which may appeal to buyers seeking immediate occupancy while still allowing for longer-term planning.
The property is positioned in New Orleans, with easy access to Uptown, Garden District, Audubon Park, and downtown. It is located across from an Aldi market, and near Riverside Market restaurants and shops. There is also easy walking access to Magazine shops and restaurants.
For tenants or owner-occupants, the combination of furnished living space, separated laundry areas, and the bonus-room configuration in the 5513 unit supports flexible day-to-day use. The 5513 unit is currently leased until December 2026, which may appeal to buyers seeking immediate occupancy while still allowing for longer-term planning.
Key Highlights
- Units sold furnished; 5513 unit is currently leased until December 2026
- Previous owner renovated the property in 2006
- 11‑foot ceilings and oak flooring throughout
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 | $33.6k | $13.44 |
| − Vacancy | −$2.9k | −$1.16 |
| EGI | $30.7k | $12.28 |
| − OpEx | −$9.2k | −$3.68 |
| NOI | $21.5k | $8.60 |
2,501 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.1K
$268.7K – $358.3K
NOI $21,496 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$272.2K
$238.2K – $317.6K
NOI $19,056 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$659.8K
$577.4K – $769.8K
NOI $46,188 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Renovated duplex with furnished units, in-unit laundry, and a bonus room layout, across from Aldi for convenient access.
Where is this duplex located?
The property is located at 5513 TCHOUPITOULAS Street New Orleans, LA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Units sold furnished; 5513 unit is currently leased until December 2026; Previous owner renovated the property in 2006; 11‑foot ceilings and oak flooring throughout
