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16 Beds
16 Baths
9,875 sqft

$2,520,000

2331 MAGAZINE Street, New Orleans LA, 70130

Price per sqft$255.19
Built in1860
Property size9,875 sqft
Property typeCondominium
Courtesy of Bryce Danna-Marullo with Bridgewater Realty Advisors, LLC

Overview

Active

Listed Sep 4, 2026

Updated 8 days ago

100% occupied, producing $17825/month gross rental income. Value add opportunity in A+ location on Magazine Street with ability to increase rents 30-40% (increase to $21,795/month) with minor cosmetic renovations. 2331-33 Magazine St, New Orleans, LA 70130. Historic multifamily in the Garden District on Magazine Street. Two connected three-story wood-frame buildings with 16 one-bedroom units totaling approximately +/-9,875 Gross SF on an approximately +/-9,148 SF lot. Frontage on the Magazine Street corridor. Close proximity to restaurants, retail, entertainment, and cultural amenities. St. Charles Avenue streetcar line within walking distance. Rear parking. Tenant-paid utilities. All information is deemed reliable but not guaranteed; buyer and buyer’s agent to verify.

$16,766/mo

Est. mortgage payment based on a $2,520,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2575779

Interior Features

Bedrooms
16
Bathrooms
16
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres
MLS provider logo

Listing Contact: (504) 301-5583 

Based on information from the Gulf South Real Estate Information Network as of 9/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:37 PM UTC, 9/9/2026

 

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