Renovated Triplex with Long-Term Tenants

3445 MAGNOLIA Street, New Orleans, LA 70115

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New

For Sale

$649,000

MULTI_FAMILY - New Orleans, LA

Property size:

3,100 SF

Price / SF:

$209/SF

HighLights

Fully renovated multi‑unit property updated in 2015
3‑bedroom owner’s unit on the ground floor, plus two additional rental units on the upper level
Total current rental income is $2,800 per month with long‑term tenants in place
Central heating and central A/C
Public water service
Courtyard exterior feature

We can help!

Listing Contact

Chris Smith

For Sale

$649,000

MULTI_FAMILY - New Orleans, LA

Property size:

3,100 SF

Price / SF:

$209/SF

Added:: Jun 8, 2026
Days on Market:: 5
Last Refresh:: Jun 12 at 5:06 am

Property Features for 3445 MAGNOLIA Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Exterior features: Courtyard
Standard status: Active
APN: 3445-MAGNOLIAST
Size: 3,100 SF

Taxes and HOA fees

Tax Description: SQ 633 LOT 20

Utilities

Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1939
Floors in Building: 2
Number of units: 3
Roof type: Shingle
Architectural style: Other

We can help!

Listing Contact

Chris Smith

Listing agent Chris Smith License #000009641

Listing office Keller Williams Realty New Orleans 8601 Leake Ave., New Orleans, LA

Listing date Jun 8, 2026

MLS# 2558470 Listing URL

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Fully renovated multi‑unit property updated in 2015
3‑bedroom owner’s unit on the ground floor, plus two additional rental units on the upper level
Total current rental income is $2,800 per month with long‑term tenants in place
Central heating and central A/C
Public water service
Courtyard exterior feature

Overview

This fully renovated multi-unit property was updated in 2015 and is presented in turnkey, well-maintained condition. The layout includes a spacious owner’s unit on the ground floor with three bedrooms and high-end finishes. The upper level provides two additional rental units designed for comfort and efficiency, giving the property a straightforward three-unit configuration.

Located at 3445 Magnolia Street in New Orleans, the home is positioned in Central City, offering an owner-occupant or investor setup within a dense residential market. The current income is supported by long-term tenants in place.

For buyers seeking a live-and-earn scenario, the arrangement allows an owner to occupy the ground-floor unit while maintaining rental income from the two upstairs units. For investors, the property’s renovated condition, three-unit structure, and current $2,800 per month total rental income with existing tenancy provide a practical foundation for underwriting and operations.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.097593
Latitude: 29.937935

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For sale
Triplexes
LA
New Orleans
70115
3445 MAGNOLIA Street

What type of property is this?

Triplex - Fully renovated triplex with a ground-floor owner unit and two upstairs rentals, currently generating $2,800 monthly.

Where is this triplex located?

The property is located at 3445 MAGNOLIA Street New Orleans, LA.

What is the asking price?

The asking price for this property is $649,000.

What are key features of this property?

This property features: Fully renovated multi‑unit property updated in 2015; 3‑bedroom owner’s unit on the ground floor, plus two additional rental units on the upper level; Total current rental income is $2,800 per month with long‑term tenants in place

3445 MAGNOLIA Street, New Orleans, LA 70115

MULTI_FAMILY - New Orleans, LA

Property Features for 3445 MAGNOLIA Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Canal Street Automotive Investment Opportunity

Mixed-Use Live/Work Building

Gutted Warehouse with Office

Historic Ground-Floor Office Space

Updated Duplex with Off-Street Parking

Turnkey New Construction Duplex

Uptown New Orleans Multi-Family Property

Historic Mixed-Use Building, New Orleans

Mixed-Use Commercial & Residential Property

Renovated Duplex in New Orleans

Restored Victorian Bed & Breakfast

Owner-Occupy Duplex with Sunroom

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