ID cc566c67
Magazine Street 16 Unit Apartment For Sale
For Sale
$2,520,000$257.51/SF$157,500/Unit
- Total Units
- 16
- Building Size
- 9,786 SF
- Lot Size
- 0.2111 ac
- Parish
- Orleans
- Listed
- 09/04/2026
- Updated
- 09/04/2026

Overview
2331-33 Magazine Street presents a rare opportunity to acquire a historic multifamily asset in the heart of New Orleans’ highly desirable Garden District. The property consists of 16 one-bedroom units totaling approximately +/- 9,786 square feet across two connected, three-story historic wood-frame buildings situated on an approximately +/- 9,148 square foot lot.
The property combines irreplaceable historic character with an exceptional location directly along the Magazine Street corridor. Residents benefit from immediate access to some of the city’s most popular restaurants, retailers, entertainment, and cultural amenities, while the St. Charles Avenue streetcar line is also within walking distance. The property includes a rear parking area and tenant-paid utilities, further enhancing its operational appeal.
The property offers a rare opportunity to acquire a medium-sized apartment complex along the Magazine Street corridor with excellent value-add potential.
All information is deemed reliable but is not guaranteed; prospective purchasers should independently verify all information, measurements, and dimensions.
Attachments
Additional Information
- City
- New Orleans
- State
- LA
- Zip Code
- 70130
- Secondary Uses
- Low Rise
- Zoning
- HU-RD2
- Zoning Desc.
- Historic Urban Two Family Residential District
- Gross Income
- $213,900
- Total Expenses
- $62,533
- Laundry Income
- $2,500
- Real Estate Taxes
- $15,099
- # of Buildings
- 2
- Floors
- 3
- Parking Spaces
- 6
- Heat Type
- Electricity
- Heat Source
- Wall units
- Air Conditioning
- Window Unit
- Internet Access
- Cable
- Rentable SF
- 9,786
- Nearest MSA
- New Orleans-Metairie-Kenner
- Tax ID Number
- 411203905
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 95%
- Total Units
- 16
- Laundry
- Shared
- Power Provider
- City - Entergy
- Water Provider
- City - SWBNO
- Sewer Provider
- City - SWBNO
- Parcel APN
- 411203905
- Listing ID
- cc566c67
- City
- New Orleans
- State
- LA
- Zip Code
- 70130
- Secondary Uses
- Low Rise
- Zoning
- HU-RD2
- Zoning Desc.
- Historic Urban Two Family Residential District
- Gross Income
- $213,900
- Total Expenses
- $62,533
- Laundry Income
- $2,500
- Real Estate Taxes
- $15,099
- # of Buildings
- 2
- Floors
- 3
- Parking Spaces
- 6
- Heat Type
- Electricity
- Heat Source
- Wall units
- Air Conditioning
- Window Unit
- Internet Access
- Cable
- Rentable SF
- 9,786
- Nearest MSA
- New Orleans-Metairie-Kenner
- Tax ID Number
- 411203905
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 95%
- Total Units
- 16
- Laundry
- Shared
- Power Provider
- City - Entergy
- Water Provider
- City - SWBNO
- Sewer Provider
- City - SWBNO
- Parcel APN
- 411203905
- Listing ID
- cc566c67
