Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,650,000
3 Beds
5 Baths2 full baths + 3 half baths
4,442sqft
5206 Magazine St, New Orleans, LA 70115
$1,650,000
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Mixed Use
Built in 1902
$-- HOA
-- sqft lot
$371/sq.ft
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,...
Continue Reading- Houzeo last checked: 37 Minutes ago
- Listing updated: August 28, 2025 at 5:38 pm
- Listing Provided by: Lisa O'Dwyer (504) 666-6105 | O'Dwyer Realty (228) 452-4242
- Source: New Orleans Metropolitan AOR (NOMAR) MLS-LA | MLS#: 2511388
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1902
HOA Fees
-
Finished Area
4,442 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
New Orleans Metropolitan AOR (NOMAR) MLS
MLS Number
2511388
MLS Status
Active
Days on Market
160
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