4851 Magazine St New Orleans, LA 70115
Uptown NeighborhoodEstimated payment $4,859/month
Highlights
- Craftsman Architecture
- Central Heating and Cooling System
- Rectangular Lot
- Porch
- Property is in very good condition
- 3-minute walk to Wisner Playground and Dog Run
About This Home
Don’t miss this rare opportunity to own a piece of New Orleans magic—perfectly positioned on a Mardi Gras parade route and one of the most vibrant blocks of world-famous Magazine Street. This walker’s paradise boasts a 95 Walk Score and offers everything that makes Uptown living so special: sprawling oak trees, classic New Orleans architecture, and unbeatable proximity to the city’s best restaurants, bars, and boutiques. Relax on the spacious front porch and watch the parades roll by, or host your own celebration from the wrought iron fenced front yard. This two-story classic camelback exudes curb appeal and authentic character, featuring soaring ceilings, heart pine floors, and well-proportioned rooms throughout. Enjoy a private backyard, great for pets, entertaining, or grilling under the stars. While the house is configured as two generous units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for commercial, residential, or live/work use, providing exceptional versatility in one of the city’s strongest retail corridors. Currently operating as a licensed, non-commercial short-term rental with 2024 gross earnings of $74,008 excluding owner’s unit, the property delivers impressive cash flow and endless potential—whether you’re seeking a primary residence, investment property, or mixed-use opportunity in the heart of Uptown New Orleans.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,826
Year Built
- Built in 1900
Lot Details
- 3,811 Sq Ft Lot
- Fenced
- Rectangular Lot
- Property is in very good condition
Home Design
- Duplex
- Craftsman Architecture
- Entry on the 1st floor
- Raised Foundation
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2,802 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Porch
- City Lot
- Central Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot Y
- Assessor Parcel Number 614201810
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,826 | $79,610 | $17,150 | $62,460 |
| 2024 | $7,042 | $79,610 | $17,150 | $62,460 |
| 2023 | $6,176 | $52,670 | $13,340 | $39,330 |
| 2022 | $6,176 | $50,700 | $13,340 | $37,360 |
| 2021 | $6,599 | $52,670 | $13,340 | $39,330 |
| 2020 | $4,335 | $36,650 | $13,340 | $23,310 |
| 2019 | $4,501 | $36,650 | $13,340 | $23,310 |
| 2018 | $4,589 | $36,650 | $13,340 | $23,310 |
| 2017 | $4,367 | $36,650 | $13,340 | $23,310 |
| 2016 | $3,909 | $32,740 | $10,800 | $21,940 |
| 2015 | $3,831 | $32,740 | $9,260 | $23,480 |
| 2014 | -- | $32,740 | $9,260 | $23,480 |
| 2013 | -- | $32,740 | $9,260 | $23,480 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2025 10/24/25 | For Sale | $799,000 | +107.5% | $285 / Sq Ft | |
| 04/05/2012 04/05/12 | Sold | -- | -- | -- | View Prior Sale |
| 03/06/2012 03/06/12 | Pending | -- | -- | -- | |
| 02/15/2012 02/15/12 | For Sale | $385,000 | -- | $132 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $347,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $243,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $338,203 | FHA | |
| Previous Owner | $194,400 | No Value Available |
Source: ROAM MLS
MLS Number: 2527945
APN: 6-14-2-018-10
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