New Construction
For Sale
$405,000
3400 Jackson Ave, New Orleans, LA 70125
Two separate residences offer an owner-occupancy or rental configuration near interstate access and New Orleans destinations.
Property Size2,058 SF
Price / SF$196.79
Days on Market81
Property Features for 3400 Jackson Ave
General Information
Standard status
Active
Size
2,058 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Listing Agency:
Service 1st Real Estate
Listed By:
Danielle Atkins · License #995680313
(504) 256-6511
Source:
Dominionplace
Added: Jul 31
Changed: Oct 5
Last Checked: Oct 7 at 1:15PM
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 Service 1st Real Estate
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Investment Insights
Based on property information with market context.
This two-story duplex is under construction with matching three-bedroom, two-bath residences arranged on separate levels rather than a shotgun layout. The 2,058-square-foot property is planned with 9-foot ceilings, luxury vinyl flooring, quartz countertops, stainless steel appliances, and contemporary interior finishes. Construction is expected to be completed on 9/15, and the stated 2026 year built reflects the new construction timeline.
The property is a few blocks from the Zulu Parade route, minutes from I-10 interstate access, and approximately 2 minutes from the French Quarter. Starbucks is also nearby, with Downtown New Orleans described as a short commute. Interior photographs represent a previously built property with the same layout; the current residence remains in progress.
The property is a few blocks from the Zulu Parade route, minutes from I-10 interstate access, and approximately 2 minutes from the French Quarter. Starbucks is also nearby, with Downtown New Orleans described as a short commute. Interior photographs represent a previously built property with the same layout; the current residence remains in progress.
Key Highlights
- Two‑level duplex with a 3‑bedroom, 2‑bath residence upstairs and downstairs
- 2,058 SF of planned residential space
- 9‑foot ceilings, luxury vinyl flooring, quartz countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,059
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,180
$521.2K
Cap Rate 7%
$372,271
$372.3K
Cap Rate 9%
$289,544
$289.5K
Market Conditions
NOI Build-Up for 2,058 SF
Gross rent
$40.7K $19.80/SF
− Vacancy
−$3.5K −$1.71/SF
EGI
$37.2K $18.09/SF
− OpEx
−$11.2K −$5.43/SF
NOI
$26.1K $12.66/SF
Area
New Orleans, LA
Vacancy
8.64%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,180
Cap Rate 7%
$372,271
Cap Rate 9%
$289,544
Alternative Uses
Best Use
Multifamily LT 5
$372.3K
$325.7K – $434.3K
NOI $26,059 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$342.2K
$299.4K – $399.2K
NOI $23,953 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$523.1K
$457.7K – $610.3K
NOI $36,615 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,443
Businesses Nearby
Explore this area
Business Placement
Demographics for 70125, LA
17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer an owner-occupancy or rental configuration near interstate access and New Orleans destinations.
Where is this duplex located?
The property is located at 3400 Jackson Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Two‑level duplex with a 3‑bedroom, 2‑bath residence upstairs and downstairs; 2,058 SF of planned residential space; 9‑foot ceilings, luxury vinyl flooring, quartz countertops, and stainless steel appliances
