4851 MAGAZINE Street, New Orleans, LA 70115 (MLS# NO2528237)

Sale/Lease Info

Lease Purchase

No

Remarks & Misc

Remarks

Don't miss this rare opportunity to own a piece of New Orleans magic--perfectly positioned on a Mardi Gras parade route and one of the most vibrant blocks of world-famous Magazine Street. This walker's paradise boasts a 95 Walk Score and offers everything that makes Uptown New Orleans so special: sprawling oak trees, classic New Orleans architecture, and unbeatable proximity to the city's best restaurants, bars, and boutiques. While the property is configured as two generous residential units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for retail, office, residential, or live/work use, providing exceptional versatility in one of the city's strongest retail corridors. Currently operating as a licensed, non-commercial short-term rental with 2024 gross earnings of $74,008 excluding owner's unit, the property delivers impressive cash flow and endless potential--whether you're seeking a primary residence, investment property, or mixed-use opportunity in the heart of Uptown New Orleans. Relax on the spacious front porch and watch the parades roll by, or host your own celebration from the wrought iron fenced front yard. This two-story classic camelback exudes curb appeal and authentic character, featuring soaring ceilings, heart pine floors, and well-proportioned rooms throughout.

Office/Member/Contract Info

List AOR

NOMAR

Property Type

Professional/Office

Yes

Retail

Yes

Parking

None

Yes

Property Features