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Magazine Street Historic 4-Plex

2412 MAGAZINE Street, New Orleans, LA 70130

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Pending

$970,000

MULTI_FAMILY - New Orleans, LA

Property size:

4,853 SF

HighLights

1890 Victorian‑style 4‑plex with vintage exterior features including balcony, porch, and fenced yard
New roof installed in 2021
Central heating and central air conditioning
Asphalt shingle roofing
Public water supply

We can help!

Listing Contact

Tracey Moore

Pending

$970,000

MULTI_FAMILY - New Orleans, LA

Property size:

4,853 SF

Added:: Nov 18, 2025
Days on Market:: 206
Last Refresh:: Jun 12 at 12:06 pm

Property Features for 2412 MAGAZINE Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Patio and Porch features: Porch
Exterior features: Balcony, Fence, Porch
Fencing: Fenced
Standard status: Pending
APN: 411202615
Size: 4,853 SF

Taxes and HOA fees

Tax Description: SQ 132 LOT F MAGAZINE ST 43 X 126 DB 2412/14 2-STRY FILE #15633

Utilities

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

Building Details

Year built: 1890
Floors in Building: 2
Number of units: 4
Roof type: Shingle, Asphalt
Architectural style: Victorian

We can help!

Listing Contact

Tracey Moore

Listing agent Tracey Moore License #000073376

Listing office REVE, REALTORS 4827 Prytania St, New Orleans, LA

Listing date Nov 18, 2025

MLS# 2529838 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

1890 Victorian‑style 4‑plex with vintage exterior features including balcony, porch, and fenced yard
New roof installed in 2021
Central heating and central air conditioning
Asphalt shingle roofing
Public water supply

Overview

This Magazine Street 4-plex is located in New Orleans, Louisiana, and offers historic charm. The property features vintage details, including hardwood floors and soaring ceilings. A new roof was installed in 2021. The location is between the Garden District and Irish Channel, with restaurants, galleries, and shopping nearby. The St. Patrick's Day Parade passes by the front door, and the Mardi Gras route is a few blocks away. The property size is 4853 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$96.1k	$19.80
− Vacancy	−$8.3k	−$1.71
EGI	$87.8k	$18.09
− OpEx	−$26.3k	−$5.43
NOI	$61.5k	$12.66

4,853 SF · lease $19.80/SF/yr · vacancy 8.64% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$877.9K

$768.1K – $1.02M (±1% cap)

NOI $61,451 @ 7.0% cap · market cap 6.34%

Second Best

Apartment 5plus

$806.9K

$706.0K – $941.4K (±1% cap)

NOI $56,483 @ 7.0% cap · market cap 5.82%

Theoretical Best

Office A

$1.23M

$1.08M – $1.44M (±1% cap)

NOI $86,343 @ 7.0% cap · market cap 8.90%

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

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.079402
Latitude: 29.927637

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For sale
Quadplexes
LA
New Orleans
70130
2412 MAGAZINE Street

What type of property is this?

Quadplex - Charming New Orleans 4-plex with vintage details and enviable location.

Where is this quadplex located?

The property is located at 2412 MAGAZINE Street New Orleans, LA.

What is the asking price?

The asking price for this property is $970,000.

What are key features of this property?

This property features: 1890 Victorian‑style 4‑plex with vintage exterior features including balcony, porch, and fenced yard; New roof installed in 2021; Central heating and central air conditioning

2412 MAGAZINE Street, New Orleans, LA 70130

MULTI_FAMILY - New Orleans, LA

Property Features for 2412 MAGAZINE Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

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

Converted Triplex with Dual Driveways

Mixed-Use Commercial & Residential Property

Renovated Duplex in New Orleans

Restored Victorian Bed & Breakfast

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