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- Description
- Property Details
- Location
- Facts & Features
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Street View
$1,995,000
Monthly Est:$9,930
4 Beds
3 Baths3 full baths
2,000sqft
1582 Magazine St, New Orleans, LA 70130
$1,995,000
$9,930/moEst:
Get Pre-Approved
Single Family Residence
Built in 2014
$-- HOA
-- sqft lot
$998/sq.ft
Description
1582-84 Magazine Street is a 5,856 SF two-story building in the Lower Garden District, currently 100% occupied across two units. The ground floor currently operates as a coworking space. The second floor is a licensed four-bedroom, three-bath commercial short-term rental.
The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It's in move-in-ready condition. HU-B1 zoning gives a buyer flexibility on commercial use.
The setup suits an investor looking for cash flow from day one, or an owner-occupant who wants to run a business downstairs and keep the STR income upstairs. The office tenants can be vacated at closing if needed.
**Furniture not included - can be sold separately**
Highlights:
- 5,856 SF building, two floors; two units
- Ground floor office/co-working (~3,800sf)
- Second floor licensed commercial STR (~2,000sf)
- Fully renovated in 2014; updated in 2020; new roof in 2022
- Zoned HU-B1
- Located in New Orleans Lower Garden District; Magazine St. frontage
- Strong cash flow for investors; office can be vacated for owner-occupant
- Houzeo last checked: 2 hours ago
- Listing updated: September 28, 2026 at 8:16 pm
- Listing Provided by: Michael Bucher (703) 304-5335 | Urban Properties Real Estate, LLC (504) 913-0462
- Source: New Orleans Metropolitan AOR (NOMAR) MLS-LA | MLS#: 2579150
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
Year Built
2014
HOA Fees
-
Finished Area
2,000 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
New Orleans Metropolitan AOR (NOMAR) MLS
MLS Number
2579150
MLS Status
Active
Days on Market
11
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Bathroom
Level: First
Office
Level: First
Bedroom
Level: Second
Area: 240.00 Square Feet
Dimensions: 15'x16
Bedroom
Level: Second
Area: 345.00 Square Feet
Dimensions: 15'x23'
Bedroom
Level: Second
Area: 180.00 Square Feet
Dimensions: 15'x12'
Bedroom
Level: Second
Area: 180.00 Square Feet
Dimensions: 15'x12'
LivingRoom
Level: Second
Area: 550.00 Square Feet
Dimensions: 22'x25'
Interior
Sewer
Public Sewer
Interior Features
Stainless Steel Appliances
Appliances
Dryer, Dishwasher, Microwave, Oven, Refrigerator, Washer
Exterior Features
Balcony, Courtyard, Sound System
Cooling
Central Air
Heating
Central
Construction
Year Built
Year Built: 2014
Home type
Single Family Residence
Property Condition
Very Good Condition
Foundation Details
Slab
Architectural Style
Other
Roof
Shingle
Construction Materials
Wood Siding
Utilities & Energy
Security Features
Closed Circuit Cameras
Water Source
Public
Fireplace Features
None
Parking Features
None
Other Features
Patio And Porch Features
Brick, Concrete, Balcony
Lot Features
Corner Lot, City Lot
Price History
| Date | Event | Price |
|---|---|---|
09/28/2026 Source: | Listed for Sale | $1,995,000 +796.68% $998/sqft |
10/02/2025 Source: | Sold | $222,488 -31.54% $111/sqft |
08/01/2025 Source: | Price Decreased | $325,000 -66.67% $162/sqft |
07/31/2025 Source: | Listing Removed | $975,000 $488/sqft |
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Based on information from the ROAM MLS through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 ROAM MLS. All Rights Reserved.
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