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    4851 Magazine St New Orleans, LA 70115

    Sponsored
    For Sale
    $799,000

    Craftsman, Duplex - New Orleans, LA

    Type:Duplex
    Property size:
    2,802 SF
    Lot size:
    0.09 Acres
    Days on Market:
    69
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 4851 Magazine St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Laundry
    Patio and Porch features
    Porch
    EntryLevel
    1
    Exterior features
    Fence, Porch
    Fencing
    Fenced
    Size
    2,802 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Craftsman

    McEnery Residential, LLC (504) 605-4400 [email protected]

    Listing agent Seph Babington (504) 274-2701

    Listing date Nov 3, 2025

    MLS# 2527945 Listing URL

    Copyright © 2026 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Magazine Street Duplex Opportunity

    Located on a Mardi Gras parade route along Magazine Street, this two-story camelback duplex offers a blend of residential and commercial possibilities. The property, zoned HU-B1, allows for commercial, residential, or live/work use. The building features soaring ceilings and heart pine floors. Configured as two units, the property provides flexibility for homeowners or investors. A wrought iron fence encloses the front yard, and a spacious front porch overlooks the street. The property includes a private backyard suitable for pets, entertaining, or grilling. The location has a 95 Walk Score and is near restaurants, bars, and boutiques. The property is currently operating as a licensed, non-commercial short-term rental. The property size is 2,802 square feet and the lot size is 0.0875 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1076108
    Latitude
    29.9205779

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    FAQs

    What type of property is this?
    Duplex - Uptown New Orleans duplex on vibrant Magazine Street.
    Where is this duplex located?
    The property is located at 4851 Magazine St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime location on a Mardi Gras parade route and Magazine Street.; - High income potential as a licensed short-term rental with $74,008 gross earnings in 2024 (excluding owner's unit).; - HU-B1 zoning allows for commercial, residential, or live/work use.
    (504) 352-5234
    Request Owner's contact information
    4851 Magazine St New Orleans, LA 70115
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    New Orleans, LA 70115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4851 Magazine St New Orleans, LA 70115
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