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Property view

5200 02 Magazine Street, 
New Orleans, LA 70115

$695,000

Last List Price

6

Beds


4

Baths


3,316

Sq Ft


Multi-Family

Sold

Listed by

Jennifer Matherne

Bought with Urban Properties Real Estate, LLC

J. Louis Matherne & Associates

504-885-8478

MLS#

2497842

Source:

LA GSREIN

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About This Home

5200 02 Magazine Street

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.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1920

Price Summary

695,000

$209 per Sq. Ft.

MLS #:

2497842

Sold:

December 15, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,316 Sq. Ft.


Structure

Structure

Architectural Style:

Cottage

Building Area:

3,316 Sq. Ft.

Year Built:

1920


Finances & Disclosures

Finances

Price:

$695,000

Price per Sq. Ft:

$209 per Sq. Ft.

Source:LA GSREIN
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