$7,351

closing credit¹

140810 Magazine St New Orleans, LA 70130

$619,000
8 beds
4 full
5,077 sqft
$122 / sqft
Multi-Family

Property details

About 140810 Magazine St

Don't miss the opportunity to restore this Victorian double gallery four-plex, located in the heart of the Lower Garden District. Just a block from Coliseum Square and within walking distance to a variety of shops and restaurants, this property is situated in a prime location. Partially taken down to the studs, this architectural gem showcases its original hardwood floors, intricate crown molding, soaring ceilings, original millwork, elegant brick fireplace mantles, and ornate medallions throughout. Each of the four two-bedroom, one-bath units boasts its own balcony or private outdoor space, making this a rare and historically significant property. Renovate into a spacious single-family home or back into an income producing four-plex. A new roof was installed after hurricane Ida and the home is currently under a termite contract. The building is pre-approved for historic tax credits which could allow up to 45% (25% State and 20% Federal tax credits) rehabilitation costs back to the owner! Restore this beauty back to its former glory and obtain a sought after investment property. The facade of this building was donated to the Preservation Resource Center and the act of donation is included in the attachments.

Highlights

Home typeQuadruplex
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size5,077 sqft
Lot size0 Acres
Year built1870
MLS #2472529

Summary

  • MLS Number: 2472529
  • MLS Name: NOMAR
  • Office Name: eXp Realty, LLC
  • Office Phone: (337) 522-7554
  • Office Email: la.broker@exprealty.net
  • Listing Agent: Adrienne LaBauve
  • Agent Phone: (504) 344-0877

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view of front of property

$619,000

140810 Magazine St

$7,351

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

1

Noble Minds

Public Charter KG-5

1.5 mi

1333 S Carrollton Ave

4

Joshua Butler Elementary School

Public District PK-5

1.5 mi

300 Fourth St

3

Isaac G. Joseph Elementary School

Public District PK-5

1.5 mi

537 Avenue D

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $94,216. Typical income of New Orleans, LA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
32%
35k-100k
23%
100k-200k
24%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
4%
Single, with Kids
27%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
25%
18-34 yrs old
42%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 140810 Magazine St in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 5,077 square foot home was built in 1870. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $619,000.

Over 26 listings were sold over their listed price in December 2024 in New Orleans, LA. In the same period over 204 listings were sold below the listed price and 46 listings were sold for the listed price. The number of listings in New Orleans, LA increased by 0.5% between November and December 2024. In December 2024, listings were on the market for 74 days. During the same period, the median list price in this real estate market was $325,680.

From Rocket Homes Real Estate and based on county public records data.

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