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$2,520,000
Monthly Est:$12,543
16 Beds
16 Baths16 full baths
9,875sqft
2331 Magazine St, New Orleans, LA 70130
$2,520,000
$12,543/moEst:
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Multi Family
Built in 1860
$-- HOA
0.23 acre lot
$255/sq.ft
Description
100% occupied, producing $17825/month gross rental income. Value add opportunity in A+ location on Magazine Street with ability to increase rents 30-40% (increase to $21,795/month) with minor cosmetic renovations. 2331-33 Magazine St, New Orleans, LA 70130. Historic multifamily in the Garden District on Magazine Street. Two connected three-story wood-frame buildings with 16 one-bedroom units totaling approximately +/-9,875 Gross SF on an approximately +/-9,148 SF lot. Frontage on the Magazine Street corridor. Close proximity to restaurants, retail, entertainment, and cultural amenities. St. Charles Avenue streetcar line within walking distance. Rear parking. Tenant-paid utilities. All information is deemed reliable but not guaranteed; buyer and buyer’s agent to verify.
- Houzeo last checked: 12 hours ago
- Listing updated: October 22, 2026 at 9:41 am
- Listing Provided by: Bryce A Danna-Marullo (504) 301-5583 DRE #995705186 | Bridgewater Realty Advisors (504) 901-0463
- Source: Regional One Access Multiple Listing Service | MLS#: 2575779
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1860
HOA Fees
-
Finished Area
9,875 sqft
Lot Size
0.23 acre lot
Basement Area
- sqft
MLS Name
Regional One Access Multiple Listing Service
MLS Number
2575779
MLS Status
Active
Days on Market
60
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 16
Interior
Sewer
Public Sewer
Heating
Other
Cooling
Window Unit(s)
Construction
Year Built
Year Built: 1860
Home type
Multi Family
Foundation Details
Raised
Architectural Style
Other
Construction Materials
Wood Siding
Utilities & Energy
Water Source
Public
Utilities
Natural Gas Available
Laundry Features
Common Area
Parking Features
Assigned, Off Street
Other Features
Tenant Pays
Electricity, Gas
Disclosures
Property As Is
Lot Features
Other
Price History
| Date | Event | Price |
|---|---|---|
09/08/2026 Source: | Off Market | $2,520,000 $255/sqft |
09/04/2026 Source: | Listed for Sale | $2,520,000 +129.09% $255/sqft |
03/07/2006 Source: | Price Increased | $1,100,000 +41.94% $111/sqft |
02/28/2005 Source: | Sold | $775,000 $78/sqft |
Garden District Ranks #5 in New Orleans, LA
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Based on information from the ROAM MLS through Nov 02, 2026, 02:15PM. 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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