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Two-Unit Duplex with Parking
For Sale
$129,000

13551-53 North Nemours Street, New Orleans, LA 70129

Income-producing duplex with distinct two- and three-bedroom residences, central air, and a recently replaced roof.

Property Size2,153 SF
Price / SF$59.92
Days on Market272

Property Features for 13551-53 North Nemours Street

General Information

Standard status Active
Size 2,153 SF
Property subtype MULTI FAMILY FOR SALE / Townhouse

Property Condition

Severity Repairs Needed
Evidence Property needs work.

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units 2

Amenities

Central Air
Central
1
3
5
in-unit
Asphalt
Slab: Traditional
Brick, Other

Building Details

Year Built 1976
Listing Agency: LATTER & BLUM (LATT10)
Listed By: David Dao · License #000046768
Source: Compass
Added: Jan 21 Changed: Oct 11 Last Checked: Oct 19 at 9:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LATTER & BLUM (LATT10)

Rey
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Investment Insights

Based on property information with market context.

This 1976 duplex contains two separate residences totaling 2,153 square feet. One unit offers three bedrooms and two bathrooms, while the other provides two bedrooms and one bathroom. Both sides have central air, and off-street parking serves the property. The building requires work, offering a clear renovation component for a buyer evaluating the existing improvements.

The property is located at 13551-53 North Nemours Street in New Orleans, Louisiana, across from a park. It is in the X flood zone, and the roof was replaced after Hurricane Ida. Both units are currently leased, with rents identified as below market in the property information.

Key Highlights

  • Two‑unit duplex with 2,153 square feet
  • Unit mix includes 3 bedrooms/2 bathrooms and 2 bedrooms/1 bathroom
  • Central air in both residences

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 70129, LA

10,884
Population
3,727
Households
2.9
Avg Household Size
32
Median Age
21%
College-Educated
72%
High-School Grad
90.9 sq mi
ZIP Area
120
Density / Sq Mi
$53,811
Median Household Income
$35,356
Median Earnings
$890
Median Rent
$170,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Income-producing duplex with distinct two- and three-bedroom residences, central air, and a recently replaced roof.
Where is this duplex located?
The property is located at 13551-53 North Nemours Street New Orleans, LA.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,153 square feet; Unit mix includes 3 bedrooms/2 bathrooms and 2 bedrooms/1 bathroom; Central air in both residences
More about this property
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