837-839 Jackson Avenue, New Orleans, LA 70130
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by:brenna white
Office:lanasa realty, inc
MLS#:NO2486006
Source:LA_RAAMLS
Price summary
- Price:$2,450,000
- Price per sq. ft.:$450.28
About this home
UNICORN INVESTMENT OPPORTUNITY! This outstanding building has FOUR TRANSFERABLE Commercial short term rental permits. The building underwent a full scale renovation in 2015. Each unit is two bedrooms, 2.5 baths (many are ensuite baths) walk in closets for days. The upper units have soaring ceilings and all units have tons of natural light. Every unit comes fully furnished with professional property management in place, many repeat guests, high star ratings across multiple short term rental platforms- a highly sought after vacation rental accommodation. The units were designed to complement but not compete with each other leading to high booking rates. The building as a whole is permitted to sleep 16 with room to spare, each unit sleeps 4. Steps from Magazine St, the location is outstanding for locals and tourists alike. This building is made for high returns (10% CAP rate), can be short term rented full time, or turn one unit into an owners unit- or both! Imagine having a place to come and go from steps from fabulous restaurants and shopping, and it produces income while you are not using it! Best of both worlds. The building grosses approximately $300,000 a year and growing. STR lender recommendations available upon request. This is a special opportunity for an investor- special building, in a special location that doesn't come along often. Certainly not one to be missed! Links to rental units can be provided upon request. Agent is related to sellers and property management company. Zoned Hu-B1A This one will move quickly, don't sleep on this great investment opportunity.
Contact an agent
Home facts
- Listing ID #:NO2486006
- Added:9 day(s) ago
- Updated:October 09, 2025 at 10:21 AM
Rooms and interior
- Living area:5,441 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
Structure and exterior
- Roof:Composition
- Building area:5,441 sq. ft.
- Lot area:0.09 Acres
Finances and disclosures
- Price:$2,450,000
- Price per sq. ft.:$450.28
New listings near 837-839 Jackson Avenue
- New
$649,000Active7 beds 4 baths4,266 sq. ft.818 20 Valmont Street, New Orleans, LA 70115
MLS# 2524081Listed by: MCCARTHY GROUP REALTORS - New
$899,000Active5 beds 4 baths3,966 sq. ft.5545 Jacquelyn Court, New Orleans, LA 70124
MLS# 2525629Listed by: DEMAND REALTY - New
$849,000Active-- beds -- baths4,660 sq. ft.3421 Prytania Street, New Orleans, LA 70115
MLS# NO2525628Listed by: VILLERE REALTY, LLC - New
$549,900Active2 beds 2 baths1,072 sq. ft.931 First Street, New Orleans, LA 70130
MLS# NO2523836Listed by: SNAP REALTY - New
$315,000Active2 beds 2 baths1,064 sq. ft.4000 Davey Street #201, New Orleans, LA 70112
MLS# 2525564Listed by: KELLER WILLIAMS REALTY 455-0100 - New
$199,900Active4 beds 3 baths2,350 sq. ft.530 S Scott Street, New Orleans, LA 70119
MLS# 2525565Listed by: CENTURY 21 ACTION REALTY, INC. - New
$199,900Active4 beds 3 baths2,350 sq. ft.530 S Scott Street, New Orleans, LA 70119
MLS# NO2525565Listed by: CENTURY 21 ACTION REALTY, INC. - New
$235,000Active3 beds 2 baths1,592 sq. ft.4308 Clio Street, New Orleans, LA 70125
MLS# NO2525318Listed by: FQR REALTORS - New
$344,900Active4 beds 3 baths2,501 sq. ft.2020 Mandeville Street, New Orleans, LA 70117
MLS# NO2525525Listed by: HERA REALTY - New
$475,000Active3 beds 2 baths1,904 sq. ft.524 Delery Street, New Orleans, LA 70117
MLS# 2524653Listed by: COMPASS WESTBANK (LATT10)
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.