3445 MAGNOLIA Street, New Orleans, LA 70115 (MLS# NO2528242)

3445 MAGNOLIA Street, New Orleans, LA 70115

$679,000
Property Type: MultiFamily Square Footage: 3,100 Status: Active
Current Price: $679,000 List Date: 10/27/2025 Last Modified: 1/30/2026

Description

Turnkey Income-Producing Property | Renovated in 2015

This fully renovated and well-maintained multi-unit property is a fantastic income-producing opportunity in the heart of Central City. Updated in 2015, the home features a smart and functional layout, including a spacious owner's unit on the ground floor with three bedrooms and high-end finishes throughout.

The upper level includes two additional rental units, all designed for comfort and efficiency. The total rental income is currently $2,800 per month, with long-term tenants in place. The thoughtfully designed floor plan and high-quality renovation make this a great choice for both investors and owner-occupants alike.

Whether you're looking to live on-site while generating steady rental income or expand your real estate portfolio, this turnkey property is ready to perform.

Supplements: ********

More Information MLS# NO2528242

Listing Info

Delayed Marketing: No List Price/SqFt: 219.03 Document Modified: 2026-01-30 14:16:26.467935 Status: Active Listing Date: 2025-10-27 Listing Price: 679000 Current Price: $679,000 Type: Triplex Modification Timestamp: 2026-01-30T20:16:26Z Photo Modified: 2026-01-30T20:11:23Z

Location, Tax & Legal Info

Legal Desc: SQ 633 LOT 20

General Property Description

Lot Dimensions: 42/VAR X 50/60 Stories: 2 SqFt - Total: 3100 SqFt - Source: Measured Individual Metered?: Yes Number of Units: 3

Remarks & Misc

Remarks: Turnkey Income-Producing Property | Renovated in 2015

This fully renovated and well-maintained multi-unit property is a fantastic income-producing opportunity in the heart of Central City. Updated in 2015, the home features a smart and functional layout, including a spacious owner's unit on the ground floor with three bedrooms and high-end finishes throughout.

The upper level includes two additional rental units, all designed for comfort and efficiency. The total rental income is currently $2,800 per month, with long-term tenants in place. The thoughtfully designed floor plan and high-quality renovation make this a great choice for both investors and owner-occupants alike.

Whether you're looking to live on-site while generating steady rental income or expand your real estate portfolio, this turnkey property is ready to perform.

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Parking

No Parking: 1

Construction

Frame: 1

Foundation

Piers: 1 Slab: 1

Roof

Composition: 1

Heating

Central: 1

Cooling

Central Air: 1

Unit 1

Type: Other Beds: 3 Full Baths: 2 SqFt: 1500 Rent/Mo: 0

Unit 2

Type: Other Beds: 2 Full Baths: 1 SqFt: 800 Rent/Mo: 1400

Unit 3

Type: Other Beds: 2 Full Baths: 1 Rent/Mo: 1400 SqFt: 800

Lot

Corner: 1

Unit 4

Type: Other Beds: 2 Full Baths: 1 SqFt: 800 Rent/Mo: 1400

Owner Pays

Water: 1

Tenant Pays

Electric: 1 Gas: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 52884504 Originating System Listing ID: 2528242 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 3445 Street Name: MAGNOLIA Street Parish: Orleans State: LA Zip Code: 70115 Tax Assessment Number: 3445-MAGNOLIAST Directions: One block uptown side of Louisiana Ave located on the lakeside corner of Amelia and Magnolia Bounding Streets: Amelia/ S Robertson/ Clara/ Louisiana

Property Features

Parking: No Parking Construction: Frame Foundation: Piers; Slab Roof: Composition Heating: Central Cooling: Central Air Lot: Corner Owner Pays: Water Tenant Pays: Electric; Gas
Listing Office: Keller Williams Realty New Orleans
IDX
Last Updated: January - 30 - 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.