LA > New Orleans
New Orleans, LA 70115,5206 MAGAZINE ST
New Orleans, LA 70115,5206 MAGAZINE ST
New Orleans, LA 70115,5206 MAGAZINE ST
47
See all 47 photos
$1,700,000
Est. payment /mo
Save
3 Beds
3.5 Baths
4,442 SqFt
New

5206 MAGAZINE ST New Orleans, LA 70115

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
15
Jul
Wed
16
Jul
Thu
17
Jul
Karen Cantrelle

Karen Cantrelle

+1(504) 723-8715

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,442 sqft

Price per Sqft $382

MLS Listing ID 2511388

Style Other

Bedrooms 3

Full Baths 2

Half Baths 3

Construction Status Very Good Condition

HOA Y/N No

Year Built 1902

Property Sub-Type Mixed Use

Property Description

Incredible investment opportunity in the heart of Magazine Street's vibrant commercial corridor! This mixed-use property offers 5,103 total square feet (4,442 living) on a deep 45' x 130' lot. Two long-term commercial tenants anchor the street-level frontage, offering strong visibility and consistent rental income. The residential portion includes three apartments: a rented 1-bedroom unit, a large, newly renovated 2-bedroom, 1.5-bath unit with a bonus office/exercise room and 2024 updated kitchen (owner occupied), and a third 1-bedroom, 1-bath upper unit in need of a full renovation—an excellent value-add opportunity. Foundation piers were replaced in 2024. With over $75,000 in current annual rents and additional income potential, this property offers both performance and upside in one of New Orleans' most sought-after locations. Zoned for mixed-use and surrounded by restaurants, boutiques, and neighborhood amenities, this is your chance to own a high-performing property in the heart of Magazine Street.

Location

State LA

County Orleans

Interior

Heating Central, Multiple Heating Units, Dual System

Cooling Central Air, Window Unit(s)

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Fence

Parking Features None

Pool None

Water Access Desc Public

Roof Type Asphalt,Flat,Shingle

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories Two

Construction Status Very Good Condition

Others

Tax ID 614123310

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by O'Dwyer Realty

GET MORE INFORMATION

agent

Karen Cantrelle

Broker | License ID: 0995687977

+1(504) 723-8715

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Karen Cantrelle, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

5206 MAGAZINE ST

QUICK SEARCH