837 Jackson Ave New Orleans, LA 70130
Lower Garden District NeighborhoodEstimated payment $15,260/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-B1AThis 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
Additional Features
- Outside City Limits
- Central Heating and Cooling System
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 | For Sale | $2,450,000 | -- | $450 / 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
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