Studio Arms

For Sale

261 Jules Avenue, Jefferson, LA 70121

The Studio Arms property is located in the vibrant and diverse community of Jefferson, LA (Old Jefferson). It is situated within easy reach of Downtown New Orleans, Elmwood, and the Old Metairie and Veterans Avenue business districts. It is also 2.5 blocks from Ochsner's main hospital on Jefferson Hwy, making it an attractive location for Ochsner's workforce. Nearby points of interest include the Jefferson Performing Arts Society, Veteran's Memorial Square, and numerous parks, providing ample entertainment and leisure opportunities for potential residents. With its convenient proximity to city amenities and natural beauty, the location presents an appealing investment opportunity for those seeking to establish a multifamily property in a thriving community.Fully stabilized multi-family property in growing Jefferson Parish submarket, anchored by Ochsner Medical Center. 90% occupancy and very strong revenue growth that will accelerate when Ochsner's children's hospital and neuroscience center are complete.

Key features

  • 24% Revenue growth in 2024, strong long-term market fundamentals
  • 37 units (100% occupied); 3-story w/ elevator
  • Full renovation in 2022
  • On-site parking and laundry

Building Details

  • For Sale $6,255,000
  • Property Type Multi-Family
  • Property Size 21,000 SF
  • Units 37
  • Lot Size 0.48 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 24
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Year Renovated 2022
  • Date Updated Oct 2, 2026
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Contacts

Michael Bucher

SVN | Urban Properties

Location

  • City Jefferson, LA
  • Neighborhood Jefferson
  • Zip Code 70121
  • Market New Orleans
  • Walk score 41/100 Car-Dependent
  • Bike score 66/100 Bikeable
Powered by Walk Score ®

Points of Interest

South Carrollton at Jeannette

1.14 miles

South Carrollton at Birch

1.14 miles

South Carrollton at Hickory

1.15 miles

South Carrollton at Willow

1.15 miles

South Carrollton at Spruce

1.17 miles

South Carrollton at Oak

1.18 miles

South Carrollton at Freret

1.21 miles

South Carrollton at South Claiborne

1.25 miles

South Carrollton at Maple

1.27 miles

South Carrollton at Saint Charles

1.32 miles

Shell

0.75 miles

RaceTrac

0.82 miles

Airline Discount

1.52 miles

Discount Zone

1.57 miles

Valero

1.79 miles

Exxon

1.84 miles

Chevron

2.02 miles

ChargePoint

3.34 miles

Rosen Lot

1.83 miles

Diboll Complex

1.92 miles

Jenn Parking Garage

2.67 miles

Roman Parking Garage

3.48 miles

Staff & Volunteer Parking

3.60 miles

Prytania Street Parking Garage

3.73 miles

New Orleans Centre Parking Garage

3.77 miles

Delachise Street Parking Garage

3.84 miles

United States Postal Service Parking Garage

3.90 miles

Bonnabel Boat Launch Parking

4.06 miles

Enterprise

2.07 miles

Pelican Pointe

2.26 miles

Safari Car Wash

2.82 miles

Water Works

3.54 miles

Budget

3.99 miles

Hertz

4.05 miles

Tropic Express Car Wash

5.00 miles

Rich's Wash Dat

7.23 miles

Dollar

7.32 miles

Laketown Car Wash

7.46 miles

Cowbell

0.70 miles

Dots Diner

0.71 miles

Taco Bell

0.88 miles

Ninja Sushi

0.91 miles

McDonald's

0.96 miles

Seafood Sally's

0.96 miles

Jacques-Imo's

0.99 miles

Mukbang Seafood and Bar

1.01 miles

Popeyes

1.02 miles

14 Parishes Jamaican Restaurant

1.05 miles

Jake's Uptown Supermarket

1.01 miles

Rouses

1.09 miles

Canseco's Carrollton Market

1.20 miles

Robert's

1.22 miles

Robért Fresh Market

1.23 miles

Shoppers Value

1.36 miles

Canseco's Market

1.77 miles

Langenstein's

1.87 miles

Ideal Market

2.42 miles

Walmart Supercenter

2.50 miles

Eastbank Consolidated Fire Department Station 12

0.12 miles

Ochsner Medical Center

0.34 miles

Ochsner Rehabilitation Hospital

0.82 miles

Oschner Kidney Care

0.89 miles

Castellon Pharmacy

1.05 miles

In & Out Urgent Care

1.20 miles

Walgreens

1.24 miles

New Orleans Fire Department EngineNew Orleans Fire Department Engine 25 and Ladder 7

1.26 miles

Eastbank Consolidated Fire Department Station 11

1.29 miles

Eastbank Consolidated Fire Department Station 14

1.30 miles

Listing Summary

  • Property Financials

    261 Jules Avenue is currently listed for sale at $6,255,000 for a price per square foot of $297.86.

  • Property Details

    261 Jules Avenue totals 21,000 square feet of Multi-Family space on a lot spanning 0.48 acres. The property was initially built in 1960, being last renovated in 2022.

    Tenancy at 261 Jules Avenue is listed as Multi-Tenant, comprising a total of 37 units. There are a total of 24 parking spaces available onsite.

  • Area Characteristics

    261 Jules Avenue is located in the Jefferson neighborhood.

    In terms of ease of commuting, the area has a walk score of 41, indicating that it is car-dependent.

Contact Michael Bucher
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