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Price Unknown

1938 Jackson Ave, New Orleans, LA 70113

10beds

5,000sqft

Multi Family, Apartment

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,882 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,882/mo

Zestimate^® history

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$1,882/mo

Rent Zestimate^®

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What's special

RENTAL INCOME INCREASE! 90% occupied 10 unit apartment complex. Units #1, 2 and #5 were just approved (10.5.23) for rental increase to $1,149 per month starting on November 1, 2023. Value add opportunities via achieving fair market rents and some minor cosmetic improvements. Property management willing to stay on, terms negotiable with new ownership. Water is paid by owner, most tenants pay electricity with owner only paying 2 units. Mixture of cash and subsidy tenants. Please reach out to listing agents for offering memorandum, which contains all expenses, rent roll, and financing. Do NOT disturb tenants, please contact listing agents for showings.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 10
Full bathrooms: 10

Heating

Window Unit

Cooling

Window Unit(s)

Interior area

Total interior livable area: 5,000 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2
Patio & porch: Balcony
Exterior features: Balcony, Courtyard, Fence
Pool features: None

Lot

Size: 5,100 Square Feet
Dimensions: 5100
Features: City Lot, Rectangular Lot

Details

Parcel number: 412204508
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family, Apartment

Materials

Brick
Foundation: Slab
Roof: Metal

Condition

Very Good Condition,Resale
New construction: No

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Closed Circuit Camera(s)

Location

Region: New Orleans

Financial & listing details

Tax assessed value: $691,600
Annual tax amount: $9,128
Date on market: 7/14/2023
Tenant pays: Electricity

Price history

Date	Event	Price
12/8/2023	Sold	--
Source: GSREIN #2403803 Report a problem
11/8/2023	Contingent	$799,000$160/sqft
Source: GSREIN #2403803 Report a problem
9/14/2023	Price change	$799,000-6%$160/sqft
Source: GSREIN #2403803 Report a problem
7/14/2023	Listed for sale	$850,000$170/sqft
Source: GSREIN #2403803 Report a problem
9/29/2017	Sold	--
Source: Public Record Report a problem
4/15/2015	Sold	--
Source: Public Record Report a problem
7/20/2010	Sold	--
Source: Public Record Report a problem
6/4/2003	Sold	--
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$9,128	$69,160
2025	$9,128 +102.5%	$69,160 +105.5%
2024	$4,509 -5.1%	$33,650 -0.3%
2023	$4,749 +11.3%	$33,750 +11.3%
2022	$4,265 -5.8%	$30,310 -3.7%
2021	$4,529 -7.7%	$31,460 -6.8%
2020	$4,907 +16.4%	$33,750 +21%
2019	$4,215	$27,900
2018	$4,215	$27,900
2017	$4,215 -1.9%	$27,900
2016	$4,299 +1.5%	$27,900 +20%
2015	$4,235	$23,250
2014	$4,235 +22.5%	$23,250
2013	$3,457	$23,250
2012	--	$23,250 -12.7%
2011	--	$26,620