4851 Magazine Street, New Orleans, LA 70115
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
4851 Magazine Street,New Orleans, LA 70115
$799,000
- 7 Beds
- 8 Baths
- 5,600 sq. ft.
- Multi-family
- Active
Listed by: seph babington
Office: the mcenery company
MLS#:NO2527945
Source:LA_RAAMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$285.15
About this home
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 living so special: sprawling oak trees, classic New Orleans architecture, and unbeatable proximity to the city's best restaurants, bars, and boutiques. 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. Enjoy a private backyard, great for pets, entertaining, or grilling under the stars. While the house is configured as two generous units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for commercial, 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.
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Home facts
- Listing ID #:NO2527945
- Added:54 day(s) ago
- Updated:December 18, 2025 at 04:35 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:8
- Full bathrooms:4
- Living area:5,600 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Heat
Structure and exterior
- Roof:Composition
- Building area:5,600 sq. ft.
- Lot area:0.08 Acres
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$285.15
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