#2480007, Katherine Bosio, Listing Office: REVE, REALTORS
$7,351
closing credit¹
140810 Magazine St New Orleans, LA 70130
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
(Active Under Contract)
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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Last updated on: 2/1/2025, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$619,000
140810 Magazine St
$7,351
closing credit¹
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0.5% sale price²
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.
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.
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.