Uptown Duplex with Two-Bedroom
New
For Sale
$385,000
3655 TCHOUPITOULAS Street, New Orleans, LA 70115
MULTI_FAMILY - New Orleans, LA
Property Size1,314 SF
Lot Size0.09 Acres
Price / SF$292
Days on Market2
Property Features for 3655 TCHOUPITOULAS Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Patio and Porch features
Porch
Exterior features
Fence, Porch
Fencing
Fenced
Lot features
Regular
Subdivision
East Riverside
Standard status
Active
APN
614102808
Size
1,314 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
SQ 107 LOT O TCHOUPITOULAS 27 X 139/145 3655-57 TCHOUPITOULAS DU-W FILE #73607 11/95 SALI
Legal Description
SQ 107 LOT O TCHOUPITOULAS 27 X 139/145 3655-57 TCHOUPITOULAS DU-W FILE #73607 11/95 SALI
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
wood floors
historic mantels
updated kitchens and baths
separate laundry rooms
exterior storage
separately fenced yards
Building Details
Year built
1934
Floors in Building
1
Number of units
2
Roof type
Asphalt, Shingle
Architectural style
Cottage
Listing Agency:
REVE, REALTORS
(504) 300-0700
Listed By:
Joey Walker · License #995699523
(504) 610-5637
Added: Jul 31
Last Checked: Aug 1 at 9:06AM
MLS# 2570344
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 Uptown duplex offers two residential units, each built on a classic two-bedroom, one-bath shotgun floor plan. Both units include wood floors, historic mantels, updated kitchens and baths, separate laundry rooms, and exterior storage. Exterior features include a porch with fenced yards, with each yard separately fenced to support multiple living arrangements.
The property sits on a deep 27' x 139'/145' lot and is served by public water. Central heating and central air conditioning are provided, and the home was built in 1934 with a cottage architectural style. The roof is asphalt shingle, and exterior fencing is listed among the features.
Zoned HU-MU, the layout is configured as a two-unit residential property and may be well suited for an owner-occupant or tenant arrangement where separation and outdoor space are important.
The property sits on a deep 27' x 139'/145' lot and is served by public water. Central heating and central air conditioning are provided, and the home was built in 1934 with a cottage architectural style. The roof is asphalt shingle, and exterior fencing is listed among the features.
Zoned HU-MU, the layout is configured as a two-unit residential property and may be well suited for an owner-occupant or tenant arrangement where separation and outdoor space are important.
Key Highlights
- Zoned HU‑MU duplex with two residential units
- Two‑bedroom, one‑bath shotgun floor plans in both units
- Updated kitchens and baths plus separate laundry rooms per unit
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 | $17.7k | $13.44 |
| − Vacancy | −$1.5k | −$1.16 |
| EGI | $16.1k | $12.28 |
| − OpEx | −$4.8k | −$3.68 |
| NOI | $11.3k | $8.60 |
1,314 SF · lease $13.44/SF/yr · vacancy 8.64% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$161.3K
$141.2K – $188.2K
NOI $11,294 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$143.0K
$125.2K – $166.9K
NOI $10,012 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$346.7K
$303.3K – $404.5K
NOI $24,267 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,829
Businesses Nearby
Explore this area
Business Placement
Demographics for 70115, LA
31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Zoned HU-MU duplex with two two-bedroom, one-bath shotgun units, central HVAC, and separate fenced yards.
Where is this duplex located?
The property is located at 3655 TCHOUPITOULAS Street New Orleans, LA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Zoned HU‑MU duplex with two residential units; Two‑bedroom, one‑bath shotgun floor plans in both units; Updated kitchens and baths plus separate laundry rooms per unit
