3445 Magnolia Street
New Orleans, LA 70115
Map
- 7 beds
- 4 baths
- 3,100 sqft
- $233 per sqft
- 1939 build
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>
Last checked:
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Last updated Jun 16, 2025
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MLS# 2505051 —
The Building
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Year Built:1939
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New Construction:No
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Construction Materials:Frame
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Architectural Style:Traditional
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Building Area Source:Measured
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Roof:Shingle
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Foundation:Raised, Slab
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Exterior Features:Courtyard
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Levels:Two
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Stories:2
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Green Energy Efficient:Lighting, Windows
Interior
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Living Area:3100
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Living Area Source:Measured
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Laundry Features:In Unit
Financial & Terms
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Home Warranty:No
Location
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Directions:One block uptown side of Louisiana Ave located on the lakeside corner of Amelia and Magnolia
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Cross Street:Amelia/ S Robertson/ Clara/ Louisiana
The Property
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Parcel Number:3445-MAGNOLIAST
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Property Type:Residential Income
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Property Condition:Average Condition, Repairs Cosmetic, Updated/Remodeled
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Lot Features:Corner Lot, City Lot, Rectangular Lot
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Lot Size Dimensions:42/VAR X 50/60
Listing Agent
- Contact info:
- Agent phone:
- (504) 862-0100
- Office phone:
- (504) 862-0100
Taxes
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Tax Legal Description:SQ 633 LOT 20
Beds
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Bedrooms Total:7
Baths
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Full Baths:4
The Listing
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Current Price:$725,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central, Multiple Heating Units
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Pool Features:In Ground
Parking
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Parking Features:None
Extra Units
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# of Units Total:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/3/25
Jun 3, 2025
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Listed / Active | GSREIN | $725,000 | 33.0% (9.8% / YR) |
|
1/20/22
Jan 20, 2022
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GSREIN | $545,000 | 990.0% (136.2% / YR) | |
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12/3/21
Dec 3, 2021
|
GSREIN |
