4851 Magazine Street, New Orleans, LA 70115

$780,000
  • 4851 Magazine Street, New Orleans, LA 70115 Main Photo

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Active
BEDS3 BATHS2 full 2 partial SQUARE FEET2,802 MLS#2527945
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

4851 Magazine Street | MLS# 2527945

This multi-family property located at 4851 Magazine Street, New Orleans, LA 70115 is currently listed for sale with an asking price of $780,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Duplex, Craftsman
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 2.0

Amenities

Fence
Porch

Feature Descriptions

Days on Site: 144
Exterior: Wood Siding
Lot: City Lot, Rectangular Lot
Lot Dimensions: 32/21x120/113
Parking: None
Patio/Porch: Porch
Property Condition: Very Good Condition
Sewer: Public Sewer
Units: 2
Water: Public

Listed By / Shown By

Listed By

Agency Name: The McEnery Company
Agency Phone: (504) 274-2701

Shown By

Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414

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Estimated Payment

$ 1,963.44 per month $1,735.94 Principal & Interest $0.00 Property Tax (data not provided by mls) $227.50 Homeowner's Insurance

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