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Homes for sale in New Orleans, LA | 5206 Magazine Street, New Orleans, LA 70115 | MLS# NO2511388
Homes for sale in New Orleans, LA | 5206 Magazine Street, New Orleans, LA 70115 | MLS# NO2511388
Homes for sale in New Orleans, LA | 5206 Magazine Street, New Orleans, LA 70115 | MLS# NO2511388
Homes for sale in New Orleans, LA | 5206 Magazine Street, New Orleans, LA 70115 | MLS# NO2511388
Homes for sale in New Orleans, LA | 5206 Magazine Street, New Orleans, LA 70115 | MLS# NO2511388
43+
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$1,650,000

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

5206 Magazine Street, New Orleans, LA 70115

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  • Multi Family

  • Built in -

  • $-- HOA

  • 5,850 sqft lot

  • --/sqft

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...

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  • Houzeo last checked: 36 Minutes ago
  • Listing updated: September 25, 2025 at 9:22 pm
  • Listing Provided by: Lisa O'Dwyer | O'Dwyer Realty
  • Source: REALTOR® Association of Acadiana (Lafayette) MLS-LA | MLS#: NO2511388 REALTOR® Association of Acadiana (Lafayette) MLS-LA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Orleans County

  • City

    New Orleans

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    5,850 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    REALTOR® Association of Acadiana (Lafayette) MLS

  • MLS Number

    NO2511388

  • MLS Status

    Active

  • Days on Market

    160

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