2 months on rocket

514 Jackson Ave, New Orleans, LA, 70130

$1,399,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
5,089 SqFt
$275/SqFt
Multi

Location

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514 Jackson Ave, New Orleans$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAttached, Garage
Year Built1849
HeatingCentral
CoolingCentral Air
MLS #2479916
StatusActive

About 514 Jackson Ave

Historic Firehouse in Iconic Irish Channel with Rare HU-MU Zoning <br><br> Seize this once-in-a-lifetime opportunity to own a piece of New Orleans history! Nestled in the highly sought-after Irish Channel neighborhood, just one and a half blocks off Tchoupitoulas Street, this all-brick former firehouse is more than just a landmark—it’s a statement. Located in a coveted X Flood Zone, this property has NEVER flooded, ensuring peace of mind and long-term value. With prime proximity to the Mississippi River Levee (under 2 blocks away) and the vibrant energy of Magazine Street just 4 blocks from your door, you’ll be surrounded by the best of New Orleans’ culture and convenience. <br><br> This two-story architectural gem boasts towering ceilings—16 feet on the first floor and 15 1/2 feet tall on the second. The first floor is an expansive 2,400 square feet of wide-open, unobstructed space, perfect for creative commercial or residential transformation. Imagine what you could do with a layout this grand! The second floor is currently divided into two separate residential units: one front-facing unit with 1,200 square feet overlooking Jackson Avenue, and a rear unit with 1,500 square feet that overlooks a charming courtyard. <br><br> With approximately 5,100 square feet of total building area, plus an additional 490+ square feet in the detached cabana; built at the rear of the lot, the possibilities are as limitless as your imagination. Zoned HU-MU, this property is rich with potential for commercial use, residential living, or a blend of both. Whether you're an investor looking for the perfect mixed-use project, or a visionary ready to create something truly special, this Iconic firehouse offers unmatched flexibility and opportunity. <br><br> This property qualifies for Tax Credits up to 45% of eligible rehabilitation costs (20% Federal Historic Tax Credit & 25% State Historic Tax Credit) <br><br> This is more than a property—it's a landmark, a legacy, and your next great investment. Don’t miss out on this rare chance to own a piece of the Irish Channel’s storied history!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1849
  • Stories: 2
  • Living Area: 5,089 SqFt

Listing Office:

  • Office Name: Keller Williams Realty New Orleans
  • Office Phone: (504) 862-0100
  • Listing Agent: Chris Smith
  • Agent Phone: (504) 231-2004

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Courtyard, Fence

Parking Information:

  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: TWO BLOCKS LAKE SIDE OF TCHOUPITOULAS ON THE UPTOWN SIDE OF JACKSON AVE BETWEEN ST THOMAS AND ROUSSEAU

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $275/SqFt

Tax Information:

  • Annual Amount: $6,070
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

514 Jackson Ave vs New Orleans

65 DAYS ON ROCKET

-11 Days

$1,399,000

+$1.0M More

$275/SqFt

+$85 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $85/SqFt more than other homes in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2479916

Listing Office:

  • Office Name: Keller Williams Realty New Orleans
  • Office Phone: (504) 862-0100
  • Listing Agent: Chris Smith
  • Agent Phone: (504) 231-2004

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,070$41,750
2019$6,123$40,530
2018$6,245$40,530
2017$5,963$40,530

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4536461
10
/10
  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 1.09 miles

  • Public Magnet Grades PK-5

school-card-donut-4536462
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-4536463
7
/10
  • William Hart Elementary School

  • 2001 Hancock St

  • 1.53 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,846. Residents of New Orleans, LA typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesLouisianaOrleans CountyNew Orleans70130514 Jackson Ave

This home is located at 514 Jackson Ave in New Orleans, LA and zip code 70130 in the Irish Channel neighborhood. This 5,089 square foot home was built in 1849. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $1,399,000.

New Orleans, LA housing market in November 2024 saw over 29 listings sold above listed price, more than 41 sold at listed price and over 161 sold below. In November 2024 in New Orleans, LA there were 6.2% more homes for sale than in October 2024. In November 2024 median list price was $327,611 and the average listing age was 76 days.

From Rocket Homes Real Estate and based on county public records data.

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