Active
Sale
Multifamily

261 Jules Ave

261 Jules Ave, Jefferson, LA 70121

For Sale

$6,255,000

$297.86/SF$169,054.05/Unit

Total Units
37
Building Size
21,000 SF
Lot Size
20,766 ac
Parish
Jefferson
DOM
48
Listed
09/07/2026
Updated
09/10/2026
More listing information
261 Jules Ave
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Overview

Studio Arms Apartments is located in the vibrant and diverse community of Jefferson, LA (Old Jefferson). It is 2.5 blocks from Ochsner's main campus, and at 90% occupancy there is very strong revenue growth that will accelerate when Ochsner's children's hospital and neuroscience center are complete. It is also within easy reach of Downtown New Orleans, Elmwood, and the Old Metairie and Veterans Avenue business districts. 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.

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

SVN Urban Properties

MB
Michael Bucher

Managing Director

mike.bucher@svn.com703-304-5335

Additional Information

City
Jefferson
County
Jefferson Parish
State
LA
Zip Code
70121
Latitude
29.961538
Longitude
-90.1404088
Zoning
R3
Zoning Desc.
Multiple Family Residential District
Building Name
Studio Arms Apartments
# of Buildings
2
Floors
3
Year Built
1960
Year Renovated
2022
Roof Type
Other
Parking Type
Surface
Parking Spaces
24
Passenger Elevators
1
Total Units
37
Laundry
In Each Unit
Power Provider
Entergy
Listing ID
b2759014

Parcel & Location