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Duplex Renovation Property
For Sale
$74,950
Pending

5415 Elysian Fields Ave, New Orleans, LA 70122

Gutted to the studs, the property retains its original footprint and offers backyard space with off-street parking.

Property Size3,048 SF
Days on Market19

Property Features for 5415 Elysian Fields Ave

General Information

Standard status Pending
Size 3,048 SF
Property subtype Residential Income

Property Condition

Severity Major Repairs Needed
Evidence gutted to the studs

Additional Details

Highway Access Yes
Multifamily Units 2

Amenities

backyard
Listing Agency: McCarthy Group REALTORS
Listed By: Jacob Zakris
Source: Exprealty
Added: Aug 6 Changed: Aug 20 Last Checked: Aug 23 at 4:45AM

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 McCarthy Group REALTORS

Investment Insights

Based on property information with market context.

This 3,048-square-foot duplex at 5415 Elysian Fields Ave has been stripped to the studs while retaining its original footprint. The existing structure offers a starting point for reconstruction as a duplex, single-family residence, or multi-generational home, subject to applicable approvals. A spacious backyard and off-street parking for five or more vehicles add usable exterior space, with room for a boat, trailer, or future outdoor improvements.

The property is in the Milneburg/Gentilly neighborhood with access to the University of New Orleans, Dillard University, Lake Pontchartrain, City Park, I-10, shopping, restaurants, and downtown New Orleans. Its current condition and established building form make the property suited to a substantial renovation project.

Key Highlights

  • 3,048 living sq. ft. duplex
  • Gutted to the studs with original footprint retained
  • Off‑street parking for five or more vehicles

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby

Demographics for 70122, LA

34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Gutted to the studs, the property retains its original footprint and offers backyard space with off-street parking.
Where is this duplex located?
The property is located at 5415 Elysian Fields Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $74,950.
What are key features of this property?
This property features: 3,048 living sq. ft. duplex; Gutted to the studs with original footprint retained; Off‑street parking for five or more vehicles
More about this property
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