4851 MAGAZINE ST Active

New Orleans,LA 70115

$ 799000

3 Beds

3 Baths

2802 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,802 sqft

Price per Sqft $285

MLS Listing ID 2527945

Style Craftsman

Bedrooms 3

Full Baths 2

Half Baths 2

Construction Status Very Good Condition

HOA Y/N No

Year Built 1900

Lot Size 3,811 Sqft

Acres 0.0875

Property Sub-Type Duplex

Property Description

Don't miss this rare opportunity to own a piece of New Orleans magic—perfectly positioned on a Mardi Gras parade route and one of the most vibrant blocks of world-famous Magazine Street. This walker's paradise boasts a 95 Walk Score and offers everything that makes Uptown living so special: sprawling oak trees, classic New Orleans architecture, and unbeatable proximity to the city's best restaurants, bars, and boutiques.

Relax on the spacious front porch and watch the parades roll by, or host your own celebration from the wrought iron fenced front yard. This two-story classic camelback exudes curb appeal and authentic character, featuring soaring ceilings, heart pine floors, and well-proportioned rooms throughout. Enjoy a private backyard, great for pets, entertaining, or grilling under the stars.

While the house is configured as two generous units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for commercial, residential, or live/work use, providing exceptional versatility in one of the city's strongest retail corridors. Currently operating as a licensed, non-commercial short-term rental with 2024 gross earnings of $74,008 excluding owner's unit, the property delivers impressive cash flow and endless potential—whether you're seeking a primary residence, investment property, or mixed-use opportunity in the heart of Uptown New Orleans.

Location

State LA

County Orleans

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Fence,Porch

Parking Features None

Pool None

Water Access Desc Public

Roof Type Asphalt

Porch Porch

Building

Lot Description City Lot,Rectangular Lot

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 614201810

Special Listing Condition None

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