Renovated Duplex with Office
5513 TCHOUPITOULAS Street New Orleans, LA 70115
For Sale
$520,000
COMMERCIAL - New Orleans, LA
Property Size2,501 SF
Price / SF$207.92
Days on Market179
Property Features for 5513 TCHOUPITOULAS Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HU MU
Standard status
Active
APN
614105103
Size
2,501 SF
Taxes and HOA fees
Tax Description
SQ 130 Lot B Tchoupitoulas Street
Utilities
Water source
Public
Building Details
Year built
1914
Floors in Building
2
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
Lynn Morgan · License #000021015
(504) 669-8822
Added: Jan 30
Changed: Jun 30
Last Checked: Jul 28 at 12:06PM
MLS# 2540783
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 renovated duplex offers an owner-occupied setup with an office location on one side of the double. The property was renovated by a previous owner in 2006 and is being sold furnished. Interiors include 11-foot ceilings, oak flooring, ceiling fans, and stainless steel kitchen appliances, along with a separate laundry facility for each unit located in outside sheds.
The unit identified as 5513 has a dedicated staircase to the second floor, and it includes a bonus room that is under air/heat, which is included in the living space square footage. The unit identified as 826 is currently rented through the end of December 2026.
Located at 5513 Tchoupitoulas Street in New Orleans (70115), the property is positioned across from the Aldi market and Riverside Market shops and restaurants. Access to Uptown, Audubon Park, the Garden District, and downtown is described as easy, and the property is also described as walkable to Magazine Street shops and restaurants. For tenants or owner-operators seeking a combined live/work configuration, the duplex’s separate unit setup, furnished sale, and established in-place amenities support a practical transition for an owner-occupant or an investor seeking immediate occupancy.
The unit identified as 5513 has a dedicated staircase to the second floor, and it includes a bonus room that is under air/heat, which is included in the living space square footage. The unit identified as 826 is currently rented through the end of December 2026.
Located at 5513 Tchoupitoulas Street in New Orleans (70115), the property is positioned across from the Aldi market and Riverside Market shops and restaurants. Access to Uptown, Audubon Park, the Garden District, and downtown is described as easy, and the property is also described as walkable to Magazine Street shops and restaurants. For tenants or owner-operators seeking a combined live/work configuration, the duplex’s separate unit setup, furnished sale, and established in-place amenities support a practical transition for an owner-occupant or an investor seeking immediate occupancy.
Key Highlights
- 1914‑built double with 11‑ft ceilings, oak flooring, and ceiling fans
- Renovated in 2006 by a previous owner; units sold furnished
- Each unit has a separate laundry facility in outside sheds
Financial Insights For Office B
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 | $44.4k | $17.76 |
| − Vacancy | −$5.2k | −$2.08 |
| EGI | $39.2k | $15.68 |
| − OpEx | −$9.8k | −$3.92 |
| NOI | $29.4k | $11.76 |
2,501 SF · lease $17.76/SF/yr · vacancy 11.72% · expense 25.00%
Alternative Uses
Best Use
Office B
$420.1K
$367.6K – $490.2K
NOI $29,409 @ 7.0% cap · market cap 5.66%
Second Best
Multifamily LT 5
$307.1K
$268.7K – $358.3K
NOI $21,496 @ 7.0% cap · market cap 4.13%
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Renovated double-unit property with office use on one side and furnished income-ready leasing through December 2026.
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: 1914‑built double with 11‑ft ceilings, oak flooring, and ceiling fans; Renovated in 2006 by a previous owner; units sold furnished; Each unit has a separate laundry facility in outside sheds
