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    Renovated Duplex with Office Unit Title is generated by Realmo AI

    5515-5513 Tchoupitoulas St, New Orleans, LA 70130

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    For Sale
    $520,000

    Renovated duplex featuring furnished units, high ceilings, and separate laundry facilities, with office space on one side.

    Property size:
    2,501 SF
    Price / SF:
    $207/SF
    Added:
    Feb 6, 2026
    Days on Market:
    152
    Last Refresh:
    Jul 8 at 3:07 am

    Property Features for 5515-5513 Tchoupitoulas St

    General Information

    Standard status
    Active
    Size
    2,501 SF

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    Lynn Morgan
    Lynn Morgan

    Listing office KELLER WILLIAMS REALTY 455-0100

    Listing date Feb 6, 2026

    Source Exprealty

    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 KELLER WILLIAMS REALTY 455-0100

    HighLights

    • Renovated duplex by previous owner in 2006, with furnished units
    • One side of double is currently rented through end of December 2026
    • 5513 unit includes a dedicated staircase to the second floor and 826 sq. ft.
    • 11‑foot ceilings with oak flooring, ceiling fans, and stainless steel kitchen appliances
    • Separate laundry facility for each unit in outside sheds
    • Bonus room under air/heat included in the 5513 unit square footage

    Overview

    This renovated duplex offers an owner-occupant friendly setup, with office space on one side of the double. The property was renovated in 2006, and the units are sold furnished. Interior features include eleven-foot ceilings, oak flooring, ceiling fans, and stainless steel kitchen appliances. Each unit also has a separate laundry facility located in outside sheds. The 5513 unit includes a dedicated staircase to the second floor, where the second-floor area is 826 sq. ft. There is also a bonus room under air/heat, included within the stated living space.

    The property is located directly across from an Aldi market and Riverside Market shops and restaurants. It provides easy access to Uptown, Audubon Park, Garden District, and downtown, with walkability to Magazine Street shops and restaurants.

    One side of the double is currently rented through the end of December 2026, which may suit buyers seeking an income component while retaining the opportunity to occupy the other side as an office and/or residence. The combination of furnished availability, high-ceiling finishes, and unit-level laundry supports a tenant-ready presentation for office and residential use.

    Local 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 $57.0k $22.80
    − Vacancy −$7.9k −$3.15
    EGI $49.2k $19.65
    − OpEx −$12.3k −$4.91
    NOI $36.9k $14.74
    2,501 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $526.6K
    $460.8K – $614.4K (±1% cap)
    NOI $36,865 @ 7.0% cap · market cap 7.09%
    Second Best
    Multifamily LT 5
    $452.4K
    $395.9K – $527.8K (±1% cap)
    NOI $31,669 @ 7.0% cap · market cap 6.09%
    Theoretical Best
    Office A
    $635.7K
    $556.2K – $741.6K (±1% cap)
    NOI $44,497 @ 7.0% cap · market cap 8.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    HVAC Service Barber Shop Grocery & Convenience Store Daycare Center Auto Parts Store Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1177166
    Latitude
    29.9165663

    FAQs

    What type of property is this?
    Duplex - Renovated duplex featuring furnished units, high ceilings, and separate laundry facilities, with office space on one side.
    Where is this duplex located?
    The property is located at 5515-5513 Tchoupitoulas St 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: Renovated duplex by previous owner in 2006, with furnished units; One side of double is currently rented through end of December 2026; 5513 unit includes a dedicated staircase to the second floor and 826 sq. ft.
    More about this property
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