514 Jackson Ave
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514 Jackson Ave
2 Unit Apartment Building $1,399,000 ($699,500/Unit) New Orleans, LA 70130
Investment Highlights
- This property qualifies for Tax Credits up to 45% of eligible rehabilitation costs (20% Federal Historic Tax Credit & 25% State Historic Tax Credit)
Executive Summary
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.
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.
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.
This property qualifies for Tax Credits up to 45% of eligible rehabilitation costs (20% Federal Historic Tax Credit & 25% State Historic Tax Credit)
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!
The front left exterior, there is a Bansky Original Art Mural that the seller will remove prior to going to a closing. The Bansky mural is excluded from the sale. Seller to make repairs after removal. Please schedule showing requests on Showing Time. This property is NOT on any lock box. Must have a scheduled appointment and listing agent to be present for all showings. Any questions, please telephone Chris Smith at 504-231-2004.
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.
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.
This property qualifies for Tax Credits up to 45% of eligible rehabilitation costs (20% Federal Historic Tax Credit & 25% State Historic Tax Credit)
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!
The front left exterior, there is a Bansky Original Art Mural that the seller will remove prior to going to a closing. The Bansky mural is excluded from the sale. Seller to make repairs after removal. Please schedule showing requests on Showing Time. This property is NOT on any lock box. Must have a scheduled appointment and listing agent to be present for all showings. Any questions, please telephone Chris Smith at 504-231-2004.
Property Facts
| Price | $1,399,000 | Lot Size | 0.09 AC |
| Price Per Unit | $699,500 | Building Size | 7,086 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 2 | Year Built | 1849 |
| Property Type | Multifamily | Tenancy | Single |
| Property Subtype | Apartment | Parking Ratio | 0.56/1,000 SF |
| Building Class | B |
| Price | $1,399,000 |
| Price Per Unit | $699,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 7,086 SF |
| No. Stories | 2 |
| Year Built | 1849 |
| Tenancy | Single |
| Parking Ratio | 0.56/1,000 SF |
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Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 4-11-1-029-22 | Improvements Assessment | $35,610 |
| Land Assessment | $12,290 | Total Assessment | $47,900 |
PROPERTY TAXES
Parcel Number
4-11-1-029-22
Land Assessment
$12,290
Improvements Assessment
$35,610
Total Assessment
$47,900
zoning
| Zoning Code | HU-MU (HU-MU) |
| HU-MU (HU-MU) |
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