$725,000

3445 Magnolia St New Orleans, LA 70115

$8,609
Closing credit¹
7 beds
4 full
3,100 sqft
$234 / sqft
Multi-Family

Property details

About 3445 Magnolia St

Turnkey Income-Producing Property | Renovated in 2015 <br><br> 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.<br><br> 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.<br><br> 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.<br><br>

Highlights

Home typeTriplex
HeatingCentral, Multi Unit(s)
StatusActive
CoolingCentral Air, Multi Unit(s)
Size3,100 sqft
Year built1939
MLS #2505051

Summary

  • Full Bathrooms: 4
  • Total Bedroom Count: 7
  • Parking: None
  • Exterior: Courtyard
  • Architectural Style: Traditional
  • Heating: Central, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s)
  • List Price: $725,000
  • Price/SqFt: $233
  • Annual Tax Amount: $3,271
  • Tax Year: 2020
  • Lot: Corner Lot, City Lot, Rectangular Lot
  • Directions: One block uptown side of Louisiana Ave located on the lakeside corner of Amelia and Magnolia
  • Year Built: 1939
  • Stories: 2
  • Living Area: 3,100 SqFt
  • MLS Number: 2505051
  • MLS Name: NOMAR
  • Office Name: Keller Williams Realty New Orleans
  • Office Phone: (504) 862-0100
  • Office Email: klrw125@kw.com
  • Listing Agent: Chris Smith
  • Agent Phone: (504) 231-2004

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Last updated on: 6/6/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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3445 Magnolia St, New Orleans, LA 70115 - view of front facade with entry steps

$725,000

3445 Magnolia St

$8,609

closing credit¹

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Price information

Property sales

DateEventPrice
Jan 26, 2022
Home Sold
$545,000
Feb 22, 2019
Home Sold
$250,000
Oct 17, 2014
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2023$48,060$-
2022$21,500$-
2021$22,500$-
2020$22,500$3,271
2019$6,680$1,009
2018$6,680$1,029
2017$6,680$982

History based on county public records data.

Nearby schools

1

Noble Minds

Public Charter KG-5

2.0 mi

1333 S Carrollton Ave

2

McDonogh No.26 Elementary School

Public District PK-5

2.8 mi

1200 Jefferson St

7

Ruppel Academie Francaise

Public District PK-4

2.8 mi

815 Huey P Long Ave

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 $12,622. Residents of New Orleans, LA typically earn less than $<35k each year. 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?

91%
<35k
9%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
29%
Single, with Kids
8%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
5%
12-17 yrs old
33%
18-34 yrs old
29%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3445 Magnolia St

The listing price of 3445 Magnolia St property is $725,000.

The property 3445 Magnolia St is a multi located in New Orleans, Louisiana, 70115.

Active Listing: 3445 Magnolia St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3445 Magnolia St are: Noble Minds (GreatSchools Rating 1/10), McDonogh No.26 Elementary School (GreatSchools Rating 2/10), Ruppel Academie Francaise (GreatSchools Rating 7/10), Kipp Central City (GreatSchools Rating 4/10), Samuel J. Green Charter School (GreatSchools Rating 6/10), Wilson Charter School (GreatSchools Rating 4/10), Walter L. Cohen College Preparatory (GreatSchools Rating 2/10), Rooted School (GreatSchools Rating 2/10), Eleanor Mcmain Secondary School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2020 is $3,271 (source: MLS/based on county public records data).

The last sale was on January 26, 2022 for $545,000 (source: MLS/tax record).

The property 3445 Magnolia St is 3,100 SqFt (source: MLS/tax record).

The year of construction for 3445 Magnolia St is 1939.

This home is located at 3445 Magnolia St in New Orleans, LA and zip code 70115 in the Milan neighborhood. This 3,100 square foot home was built in 1939. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $725,000.

In May 2025 more than 32 listings in New Orleans, LA were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 221 were sold below. The inventory of homes for sale in New Orleans, LA between April and May 2025 increased by 9.6%. In May 2025 median list price was $328,910 and the average listing age was 67 days.

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

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