837 Jackson Ave New Orleans, LA 70130
Lower Garden District NeighborhoodEstimated payment $14,743/month
Highlights
- Traditional Architecture
- Central Heating and Cooling System
- Property is in very good condition
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,270
Year Built
- Built in 2015
Lot Details
- 4,034 Sq Ft Lot
- Property is in very good condition
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Raised Foundation
- Shingle Roof
Interior Spaces
- 5,441 Sq Ft Home
- Property has 2 Levels
Location
- Outside City Limits
Utilities
- Central Heating and Cooling System
- Internet Available
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 411107901
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,270 | $153,570 | $14,120 | $139,450 |
| 2024 | $20,577 | $153,570 | $14,120 | $139,450 |
| 2023 | $2,909 | $145,500 | $6,050 | $139,450 |
| 2022 | $2,909 | $20,670 | $6,050 | $14,620 |
| 2021 | $4,663 | $32,390 | $10,090 | $22,300 |
| 2020 | $4,709 | $32,390 | $10,090 | $22,300 |
| 2018 | $8,273 | $53,690 | $10,090 | $43,600 |
| 2017 | $7,899 | $53,690 | $10,090 | $43,600 |
| 2016 | $4,603 | $30,330 | $8,030 | $22,300 |
| 2015 | $4,509 | $30,330 | $8,030 | $22,300 |
| 2014 | -- | $30,330 | $8,030 | $22,300 |
| 2013 | -- | $30,330 | $8,030 | $22,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Price Changed | $2,450,000 | +900.0% | $450 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $245,000 | -90.6% | $45 / Sq Ft |
| 03/19/2025 03/19/25 | Off Market | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $2,600,000 | -- | $478 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document |
Source: Gulf South Real Estate Information Network
MLS Number: 2486006
APN: 4-11-1-079-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 2217 Laurel St Unit 1
- 1005 Josephine St Unit d
- 637 Philip St
- 625 Jackson Ave
- 2301 Magazine St Unit A
- 623 Soraparu St
- 1943 Sophie B Wright Place
- 2026 Camp St
- 2020-2022 Camp St Unit 2020R
- 1207 Jackson Ave Unit 303
- 2418 Constance St Unit Right
- 2013 Camp St Unit A
- 2025 Camp St
- 927 Second St
- 2023 Camp St
- 2502 Laurel St
- 940 Felicity St Unit 1A
- 1237 Josephine St
- 530 Saint Andrew St
- 427 Jackson Ave