$10,000 Closing Credit¹
#2485012, Bryan Francher, Listing office: LATTER & BLUM (LATT28)
$2,450,000 List price
837-839 Jackson Ave New Orleans, LA 70130
$10,000
Closing credit¹
8 beds
8 full, 4 partial
5,441 sqft
0.09 acres
$450 / sqft
Multi-Family
Property details
About 837-839 Jackson Ave
UNICORN INVESTMENT OPPORTUNITY! This outstanding building has FOUR TRANSFERABLE Commercial short term rental permits. The building underwent a full scale renovation in 2015. Each unit is two bedrooms, 2.5 baths (many are ensuite baths) walk in closets for days. The upper units have soaring ceilings and all units have tons of natural light. Every unit comes fully furnished with professional property management in place, many repeat guests, high star ratings across multiple short term rental platforms- a highly sought after vacation rental accommodation. The units were designed to complement but not compete with each other leading to high booking rates. The building as a whole is permitted to sleep 16 with room to spare, each unit sleeps 4. Steps from Magazine St, the location is outstanding for locals and tourists alike. This building is made for high returns (10% CAP rate), can be short term rented full time, or turn one unit into an owners unit- or both! Imagine having a place to come and go from steps from fabulous restaurants and shopping, and it produces income while you are not using it! Best of both worlds. The building grosses approximately $300,000 a year and growing. STR lender recommendations available upon request. This is a special opportunity for an investor- special building, in a special location that doesn't come along often. Certainly not one to be missed! Links to rental units can be provided upon request. Agent is related to sellers and property management company. Zoned Hu-B1A This one will move quickly, don't sleep on this great investment opportunity.
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Size5,441 sqft
Lot size0.0926 Acres
Year built1860
MLS #2486006
Summary
- Partial Bathrooms: 4
- Full Bathrooms: 8
- Total Bedroom Count: 8
- Parking: None
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $2,450,000
- Price/SqFt: $450
- Lot: City Lot
- Year Built: 1860
- Stories: 2
- Living Area: 5,441 SqFt
- Lot Size: 0.0926 Acres
- MLS Number: 2486006
- MLS Name: NOMAR
- Office Name: LaNasa Realty, Inc
- Office Phone: (504) 336-4050
- Office Email: jennifer@lanasa.com
- Listing Agent: Brenna White
- Agent Phone: (504) 252-5762
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Last updated on: 6/28/2025, 11:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,450,000
837-839 Jackson Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
10
Gretna No. 2 Academy for Advanced Studies
Public Magnet PK-5
1.0 mi
•701 Amelia St
7
Ruppel Academie Francaise
Public District PK-4
1.0 mi
•815 Huey P Long Ave
2
McDonogh No.26 Elementary School
Public District PK-5
1.1 mi
•1200 Jefferson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,846. The majority of New Orleans, LA residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
56%
<35k
41%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Tennis
Where do the neighbors shop?
Banana Republic
H&M
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
BMW
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 837-839 Jackson Ave
The listing price of 837-839 Jackson Ave property is $2,450,000.
The property 837-839 Jackson Ave is a multi located in New Orleans, Louisiana, 70130.
Active Listing: 837-839 Jackson Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 837-839 Jackson Ave are: Gretna No. 2 Academy for Advanced Studies (GreatSchools Rating 10/10), Ruppel Academie Francaise (GreatSchools Rating 7/10), McDonogh No.26 Elementary School (GreatSchools Rating 2/10), Renew Scitech Academy at Laurel (GreatSchools Rating 5/10), International School of Louisiana (GreatSchools Rating 7/10), James M. Singleton Charter School (GreatSchools Rating 3/10), Jcfa (GreatSchools Rating 1/10), The Net Charter High School (GreatSchools Rating 3/10), Walter L. Cohen College Preparatory (GreatSchools Rating 2/10).
The property 837-839 Jackson Ave is 5,441 SqFt (source: MLS/tax record).
The year of construction for 837-839 Jackson Ave is 1860.
This home is located at 837-839 Jackson Ave in New Orleans, LA and zip code 70130 in the Saint Thomas neighborhood. This 5,441 square foot home, which was built in 1860, sits on a 0.09 acre lot. Features: 8 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $2,450,000.
New Orleans, LA housing market in May 2025 saw over 32 listings sold above listed price, more than 62 sold at listed price and over 221 sold below. The inventory of homes for sale in New Orleans, LA between April and May 2025 increased by 9.6%. The median list price of listings available in May 2025 was $328,910, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.