2331 Magazine Street
New Orleans, LA 70130
16
Bed
0
Bath
9,786Sqft
0.23Acre(Lot)
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 +/-9,786 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.
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 16Bathroom Information
Full Baths: 16Roofing Information
Shingle -
Interior Features
Roof: ShingleLaundry Features: CommonArea -
Heating & Cooling
Has Heating: Yes Heating: WindowUnit Has Cooling: Yes Cooling: WindowUnits
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Building Information
Year Built: 1860Construction Materials: WoodSidingStories: 3Patio And Porch Features: BalconyPool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: Balcony, Fence
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Lot Information
Lot Dimensions: 30x150x30x150 Main Square Feet: 0.225 Lot Size Acres: 0.225 Lot Description: CityLot,RectangularLot
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Listing Price Information
Listing Price: $2520000
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Tax Information
Parcel Number: 411203905 Tax Lot: 8 Tax Legal Desc: 1. SQ 147 LOTS 8 9 MAGAZINE 2. 30 X 150 EA DB 2331-33 3. FILE #14177
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Virtual Tour
Parking Information
Assigned, OffStreet
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 836 34 Josephine Street, New Orleans, LA, 70130 | $489,900 | 5 | -- | 2,072 | 0.07 Acre |
| 1431 St. Andrew Street, New Orleans, LA, 70130 | $1,200,000 | 11 | 11 | 5,069 | 0.17 Acre |
| 1418 20 Josephine Street, New Orleans, LA, 70130 | $1,250,000 | 8 | 7 | 3,676 | -- |
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 09/05/2026 @ 13:51
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