$9,797 Closing Credit¹
#2490839, Joey Walker, Listing office: REVE, REALTORS
$695,000 List price
520002 Magazine St New Orleans, LA 70115
$8,253
Closing credit¹
6 beds
4 full
3,316 sqft
$210 / sqft
Multi-Family
Property details
About 520002 Magazine St
Commercial/Residential INVESTOR SPECIAL opportunity! Super location on visible corner of Magazine & Dufossat. Zoned HU-B1 Historic Urban Neighborhood Business District. Currently being used as residential rentals. Two large shotgun style lower units and two smaller units up. Currently occupied by long-term tenants on month-to-month basis. Lower left unit is now vacant. Property offers nice deep lot (45' x 130') with plenty available rear yard space with access from Dufossat St., off-street parking available on right side of property facing Magazine St., high ceilings, wood floors, separate gas, electric and water meters. Tons of potential for mixed use options. Purchaser to verify zoning and use. Located along the Magazine Street commercial corridor with easy access to restaurants, boutiques, and neighborhood amenities. Great spot for watching Mardi Gras parades along Magazine St.! This property may be approved for Federal and State Historic Tax Credits, to be verified by Buyer. See attached MLS Documents for more information.
Highlights
Home typeQuadruplex
HeatingOther
StatusActive
CoolingWindow Unit(s)
Size3,316 sqft
Year built1920
ParkingDriveway, Off Street
MLS #2497842
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 6
- Parking: Driveway, Off Street
- Exterior: Fence
- Architectural Style: Cottage
- Heating: Other
- Cooling: Window Unit(s)
- List Price: $695,000
- Price/SqFt: $209
- Lot: Corner Lot, City Lot
- Year Built: 1920
- Stories: 2
- Living Area: 3,316 SqFt
- MLS Number: 2497842
- MLS Name: NOMAR
- Office Name: J. Louis Matherne & Associates
- Office Phone: (504) 885-8478
- Office Email: jmath10715@cs.com
- Listing Agent: Jennifer Matherne
- Agent Phone: (504) 583-6407
Disclaimer: Copyright © 2025, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.
The information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing.
By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, please do not use this site in any way. Your continued use of this site, and/or its affiliates' sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$695,000
520002 Magazine St
$8,253
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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
9
Ray St. Pierre Academy for Advanced Studies
Public Magnet PK-5
1.5 mi
•2820 Mount Kennedy Dr
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. The most common annual income of people living in New Orleans, LA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents 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 Theatre
Hiking/backpacking
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Mercedes
Audi
BMW
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 520002 Magazine St
The listing price of 520002 Magazine St property is $695,000.
The property 520002 Magazine St is a multi located in New Orleans, Louisiana, 70115.
Active Listing: 520002 Magazine St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 520002 Magazine St are: Noble Minds (GreatSchools Rating 1/10), Joshua Butler Elementary School (GreatSchools Rating 4/10), Ray St. Pierre Academy for Advanced Studies (GreatSchools Rating 9/10), Audubon Charter School (GreatSchools Rating 7/10), Benjamin Franklin Elementary Math and Science (GreatSchools Rating 5/10), Samuel J. Green Charter School (GreatSchools Rating 6/10), Lycee Francais de la Nouvelle-Orleans (GreatSchools Rating 6/10), New Orleans Charter Science and Mathematics High School (GreatSchools Rating 3/10), Lusher Charter School (GreatSchools Rating 9/10).
The property 520002 Magazine St is 3,316 SqFt (source: MLS/tax record).
The year of construction for 520002 Magazine St is 1920.
This home is located at 520002 Magazine St in New Orleans, LA and zip code 70118 in the Audubon neighborhood. This 3,316 square foot home was built in 1920. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $695,000.
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. In May 2025 in New Orleans, LA there were 9.6% more homes for sale than in April. While the average time on the market in May 2025 was 67 days, the median list price was $328,910.
From Rocket Homes Real Estate and based on county public records data.