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Creole Duplex with Modern Finishes
For Sale
$405,000

3400 JACKSON Avenue, New Orleans, LA 70125

Multi-Family, CreoleTownhouse, New Orleans, LA

Property Size2,058 SF
Price / SF$196.79
Days on Market85

Property Features for 3400 JACKSON Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
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
Added: Jul 27 Changed: Oct 9 Last Checked: Oct 19 at 8:06PM
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.

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Investment Insights

Based on property information with market context.

This Creole-style duplex is under construction and totals 2,058 square feet. Each residence is planned with three bedrooms and two bathrooms. Interior details include 9-foot ceilings, luxury vinyl flooring, quartz counters, and stainless steel appliances. Central heating and air conditioning are specified, and parking is planned behind the home.

The property is described as two minutes from both I-10 and the French Quarter, with additional access to I-10 noted nearby. Starbucks is also mentioned in the surrounding area.

Key Highlights

  • Duplex with two 3‑bedroom, 2‑bathroom units
  • 2,058 square feet total
  • Under construction; year built listed as 2026

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 (±1% cap)
NOI $26,059 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$342.2K
$299.4K – $399.2K (±1% cap)
NOI $23,953 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$523.1K
$457.7K – $610.3K (±1% cap)
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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,443
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
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences feature central heating and air conditioning, with parking planned behind the building.
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: Duplex with two 3‑bedroom, 2‑bathroom units; 2,058 square feet total; Under construction; year built listed as 2026
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