2331 MAGAZINE Street, New Orleans, LA 70130
$2,520,000
Property Type:
MultiFamily
Square Footage:
9,875
Lot Size (sq. ft.):
9,583
Status:
Active
Current Price:
$2,520,000
List Date:
9/04/2026
Last Modified:
9/27/2026
Overview
Description
Listing Details MLS# NO2575779
Listing Info
- Delayed Marketing
- No
- Listing Price
- 2520000
- List Price/SqFt
- 255.19
- Document Modified
- 2026-09-27 14:43:53.260989
- Modification Timestamp
- 2026-09-27T19:44:19Z
- Photo Modified
- 2026-09-04T19:47:09Z
Location Tax Legal Info
- Street Number
- 2331
- Street Name
- MAGAZINE Street
- Parish
- Orleans
- State
- LA
- Zip Code
- 70130
- Tax Assessment Number
- 411203905
- Directions
- Bounding Streets: First Street & Jackson Avenue
General Property Description
- Number of Units
- 16
- Stories
- 3
- SqFt - Total
- 9875
- SqFt - Source
- Appraiser
- Individual Metered?
- Yes
- Lot Dimensions
- 30x150x30x150
- Acres
- 0.22
Currently Not Used
- Acreage Range
- 0 - 0.5
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 59664869
- Originating System Listing ID
- 2575779
- Originating System Name
- ROAM Matrix
Location, Tax & Legal Info
- Legal Desc
- 1. SQ 147 LOTS 8 9 MAGAZINE 2. 30 X 150 EA DB 2331-33 3. FILE #14177
More Information
Remarks & Misc
- Remarks
- 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.
Office/Member/Contract Info
- List AOR
- NOMAR
Siding
- Wood
- Yes
Parking
- Assigned
- Yes
Foundation
- Piers
- Yes
Exterior
- Balcony
- Yes
Roof
- Composition
- Yes
Heating
- Other
- Yes
Cooling
- Window Units
- Yes
Fencing
- Other
- Yes
Owner Pays
- Water
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Property Features
Siding:
Wood
Parking:
Assigned
Foundation:
Piers
Roof:
Composition
Heating:
Other
Cooling:
Window Units
Exterior:
Balcony
Fencing:
Other
Owner Pays:
Water
Tenant Pays:
Electric; Gas
Documents
Offering Memorandum ›
IDX
Listing Office:
Bridgewater Realty Advisors, LLC
Last Updated: September - 27 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and 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.