New Construction
For Sale
$405,000
3400 JACKSON Avenue, New Orleans, LA 70125
Multifamily, New Orleans, LA
Property Size2,058 SF
Price / SF$196.79
Days on Market89
Property Features for 3400 JACKSON Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Parking
2
Standard status
Active
APN
41185639
Size
2,058 SF
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Number of units
2
Building materials
HardiPlank Type
Architectural style
Creole
Listing Agency:
Service 1st Real Estate
(225) 503-2525
Listed By:
Danielle M Atkins · License #995680313
(504) 256-6511
Added: Jul 27
Changed: Oct 23
Last Checked: Oct 23 at 4:06PM
MLS# 2569611
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,058-square-foot duplex is under construction, with two residences offering three bedrooms and two bathrooms apiece. Interior details include 9-foot ceilings, luxury vinyl flooring, quartz countertops, and stainless steel appliances. Central heating and air conditioning serve the property, which is designed in a Creole architectural style and finished with HardiPlank siding. Public water and sewer are available, and parking is planned behind the home.
The property is a few blocks from the Zulu Parade route, with access to I-10 and nearby Starbucks. The French Quarter is described as a two-minute drive, and Downtown New Orleans is a short commute.
The property is a few blocks from the Zulu Parade route, with access to I-10 and nearby Starbucks. The French Quarter is described as a two-minute drive, and Downtown New Orleans is a short commute.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 2,058 square feet; under construction with a 2026 year built
- 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.
How Realmo checks its estimates
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, quartz counters, and stainless steel appliances.
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 $405,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 2,058 square feet; under construction with a 2026 year built; 9‑foot ceilings, luxury vinyl flooring, quartz countertops, and stainless steel appliances
