new - 5 days on rocket

2365 Magazine St, New Orleans, LA, 70130

$1,599,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths, 2 Partial
4,488 SqFt
$356/SqFt
Multi

Location

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2365 Magazine St, New Orleans$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport, Off Street
Year Built1895
HeatingCentral
CoolingCentral Air
MLS #2471010
StatusActive

About 2365 Magazine St

Fantastic opportunity on the corner of Magazine and First Street in the Garden District. Beautiful four-plex with a mix of commercial and residential tenants. Two downstairs units anchored by Defend New Orleans while the third downstairs residential unit was recently renovated in 2021. The upstairs residential unit spans both buildings and features 4 bedrooms/2.5BA, beautiful historical details, and ample balcony space. Wonderful outdoor space including off street covered parking for 2 vehicles. Fully occupied and income producing.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1895
  • Stories: 2
  • Living Area: 4,488 SqFt

Listing Office:

  • Office Name: Modern Realty LLC
  • Office Phone: (225) 572-5689
  • Listing Agent: Mary Shay
  • Agent Phone: (504) 259-4122

Interior Features

Interior Information:

  • Appliances: ENERGY STAR Qualified Appliances

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Balcony, Courtyard, Fence

Parking Information:

  • Parking: Carport, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot, City Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the corner of First St. and Magazine St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $356/SqFt
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

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New Orleans, LA

City

Med. Sold Price

$325.6K

Med. Price/SqFt

$190

Avg. Days On Market

74

# of Sold Homes

276

2365 Magazine St vs New Orleans

5 DAYS ON ROCKET

-69 Days

$1,599,000

+$1.2M More

$356/SqFt

+$165 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $165/SqFt more than other homes in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2471010

Listing Office:

  • Office Name: Modern Realty LLC
  • Office Phone: (225) 572-5689
  • Listing Agent: Mary Shay
  • Agent Phone: (504) 259-4122

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/5/2025, 3:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-487699
10
/10

  • Gretna No. 2 Academy for Advanced Studies

  • 701 Amelia St

  • 1.52 miles

  • Public Magnet Grades PK-5

school-card-donut-487700
2
/10

  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 1.56 miles

  • Public District Grades PK-5

school-card-donut-487701
7
/10

  • William Hart Elementary School

  • 2001 Hancock St

  • 1.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $163,462. Typical income of New Orleans, LA residents is $200k+ annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70130›2365 Magazine St

This home is located at 2365 Magazine St in New Orleans, LA and zip code 70130 in the Lower Garden District neighborhood. This 4,488 square foot home was built in 1895. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $1,599,000.

In December 2024 more than 26 listings in New Orleans, LA were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 204 were sold below. The number of homes for sale in New Orleans, LA increased by 0.5% between November 2024 and December 2024. Listings spent 74 days on the market in December 2024, and had a median list price of $325,680 during the same period.

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

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