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New Construction Duplex For Sale
New
For Sale
$425,000

3400 JACKSON Avenue, New Orleans, LA 70125

MULTI_FAMILY - New Orleans, LA

Property Size2,058 SF
Price / SF$206.51
Days on Market4

Property Features for 3400 JACKSON Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Parking features Driveway
Lot features Regular
Standard status Active
APN 41185639
Size 2,058 SF

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2026
Floors in Building 2
Number of units 1
Roof type Shingle
Architectural style Creole
Listing Agency: Service 1st Real Estate
Listed By: Danielle Atkins · License #995680313
Added: Jul 27 Last Checked: Jul 30 at 11:06PM
MLS# 2569611

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

New construction duplex at 3400 JACKSON Avenue, New Orleans, LA 70125, featuring two residential units with the same layout—an upstairs unit and a downstairs unit. Each unit is designed with 3 bedrooms and 2 bathrooms, 9-foot ceilings, luxury vinyl floors, quartz countertops, and stainless steel appliances. The property is still under construction, and the current photos reflect a previously built version with the interior layout remaining the same. The home is described as not being a shotgun-style configuration.

According to the public remarks, the duplex is located minutes from I-10 interstate access and nearby Starbucks, with a short commute to Downtown New Orleans. It is also described as being a few blocks off the Zulu Parade route and approximately 2 minutes from both the French Quarter and I-10.

An expected completion date of 9/15 is noted in the remarks. The offering is presented as suitable for either investment income or owner-occupancy.

Key Highlights

  • New construction under development, Year built 2026; expected completion date 9/15
  • Double home setup with two units: 3 bedrooms and 2 bathrooms upstairs and downstairs (not a shotgun)
  • 9‑ft ceilings; luxury vinyl floors; quartz countertops; stainless steel appliances

Financial Insights For Multifamily LT 5

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 $40.7k $19.80
− Vacancy −$3.5k −$1.71
EGI $37.2k $18.09
− OpEx −$11.2k −$5.43
NOI $26.1k $12.66
2,058 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$372.3K
$325.7K – $434.3K (±1% cap)
NOI $26,059 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$342.2K
$299.4K – $399.2K (±1% cap)
NOI $23,953 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$523.1K
$457.7K – $610.3K (±1% cap)
NOI $36,615 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Spa & Massage Center HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,501
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex under construction with mirrored upstairs and downstairs layouts and 9-foot ceilings.
Where is this duplex located?
The property is located at 3400 JACKSON Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: New construction under development, Year built 2026; expected completion date 9/15; Double home setup with two units: 3 bedrooms and 2 bathrooms upstairs and downstairs (not a shotgun); 9‑ft ceilings; luxury vinyl floors; quartz countertops; stainless steel appliances
More about this property
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