Victorian
452 Jackson Avenue, New Orleans, LA 70130
For Sale
$325,000
Separate gas, electric, and water meters are in place.
Property Size1,170 SF
Price / SF$277.78
Days on Market92
Property Features for 452 Jackson Avenue
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Utilities to Site
Building Details
Building Size
Year Built
Units
Listing Agency:
Express Realty
Listed By:
Ralph L Guerrera
(504) 884-1884
Source:
Donaldjulienrealestate
Added: Aug 15
Changed: Nov 9
Last Checked: Nov 13 at 6:39PM
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 Express Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1894, this 1,170-square-foot Victorian duplex retains high ceilings, original mantels, and brick fireplaces that are closed. Cement fiber siding covers most of the exterior, with wood siding at the front, and window AC units provide cooling. The roof was replaced in 2024. Separate gas, electric, and water meters serve the property.
The property is at 452 Jackson Avenue, one block from the Tchoupitoulas Corridor. It is zoned Historic Urban Neighborhood Mixed-Use District, Medium Density, and lies in Flood Zone X.
The property is at 452 Jackson Avenue, one block from the Tchoupitoulas Corridor. It is zoned Historic Urban Neighborhood Mixed-Use District, Medium Density, and lies in Flood Zone X.
Key Highlights
- 1,170‑square‑foot duplex built in 1894
- Roof replaced in 2024
- Original mantels, high ceilings, and closed brick fireplaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,815
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,300
$296.3K
Cap Rate 7%
$211,643
$211.6K
Cap Rate 9%
$164,611
$164.6K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$23.2K $19.80/SF
− Vacancy
−$2.0K −$1.71/SF
EGI
$21.2K $18.09/SF
− OpEx
−$6.3K −$5.43/SF
NOI
$14.8K $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%
$296,300
Cap Rate 7%
$211,643
Cap Rate 9%
$164,611
Alternative Uses
Best Use
Multifamily LT 5
$211.6K
$185.2K – $246.9K
NOI $14,815 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$194.5K
$170.2K – $227.0K
NOI $13,617 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$297.4K
$260.2K – $346.9K
NOI $20,816 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in New Orleans, LA
Properties on Market for Duplexes in New Orleans
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas, electric, and water meters are in place.
Where is this duplex located?
The property is located at 452 Jackson Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,170‑square‑foot duplex built in 1894; Roof replaced in 2024; Original mantels, high ceilings, and closed brick fireplaces
