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Agent on Call

Andrea Laborde REALTOR® Sales Associate
337-277-6503


$649,000
3445 MAGNOLIA Street
New Orleans, LA 70115
MLS# NO2528242
3100 sqft


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Property Description
Turnkey Income-Producing Property | Renovated in 2015

This fully renovated and well-maintained multi-unit property is a fantastic income-producing opportunity in the heart of Central City. Updated in 2015, the home features a smart and functional layout, including a spacious owner's unit on the ground floor with three bedrooms and high-end finishes throughout.

The upper level includes two additional rental units, all designed for comfort and efficiency. The total rental income is currently $2,800 per month, with long-term tenants in place. The thoughtfully designed floor plan and high-quality renovation make this a great choice for both investors and owner-occupants alike.

Whether you're looking to live on-site while generating steady rental income or expand your real estate portfolio, this turnkey property is ready to perform.



Details
Documents
Listing Info
Delayed Marketing: No
List Price/SqFt: 209.35
Document Modified: 2026-03-08 12:32:27.066741
Status: Active
Listing Date: 2025-10-27
Listing Price: 649000
Current Price: $649,000
Type: Triplex
Modification Timestamp: 2026-03-09T07:16:32Z
Photo Modified: 2026-01-30T20:11:23Z
Location, Tax & Legal Info
Legal Desc: SQ 633 LOT 20
General Property Description
Lot Dimensions: 42/VAR X 50/60
Stories: 2
SqFt - Total: 3100
SqFt - Source: Measured
Individual Metered?: Yes
Number of Units: 3
Remarks & Misc
Remarks: Turnkey Income-Producing Property | Renovated in 2015

This fully renovated and well-maintained multi-unit property is a fantastic income-producing opportunity in the heart of Central City. Updated in 2015, the home features a smart and functional layout, including a spacious owner's unit on the ground floor with three bedrooms and high-end finishes throughout.

The upper level includes two additional rental units, all designed for comfort and efficiency. The total rental income is currently $2,800 per month, with long-term tenants in place. The thoughtfully designed floor plan and high-quality renovation make this a great choice for both investors and owner-occupants alike.

Whether you're looking to live on-site while generating steady rental income or expand your real estate portfolio, this turnkey property is ready to perform.

Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Parking
No Parking: 1
Construction
Frame: 1
Foundation
Piers: 1
Slab: 1
Roof
Composition: 1
Heating
Central: 1
Cooling
Central Air: 1
Lot
Corner: 1
Owner Pays
Water: 1
Tenant Pays
Electric: 1
Gas: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 52884504
Originating System Listing ID: 2528242
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 3445
Street Name: MAGNOLIA Street
Parish: Orleans
State: LA
Zip Code: 70115
Tax Assessment Number: 3445-MAGNOLIAST
Directions: One block uptown side of Louisiana Ave located on the lakeside corner of Amelia and Magnolia Bounding Streets: Amelia/ S Robertson/ Clara/ Louisiana
Property Features
Parking: No Parking
Construction: Frame
Foundation: Piers; Slab
Roof: Composition
Heating: Central
Cooling: Central Air
Lot: Corner
Owner Pays: Water
Tenant Pays: Electric; Gas
Listing Documents
View Document 3445_Magnolia_St_Property_Disclosures
View Document 3445_Magnolia Additional Disclosures
View Document 3445_Magnolia Floor Plan
View Document 3445_Magnolia Flood Dec Page
View Document 3445 Magnolia Home Owners

IDX
Listing Office: Keller Williams Realty New Orleans

Last Updated: March - 09 - 2026

The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.


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GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for IDX. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.

Licensed & Regulated in the jurisdiction of the Louisiana Real Estate Commission, Members of the National Association of Realtors®, Louisiana Realtors®, Realtor® Association of Acadiana, Multiple Listing Service (MLS), Louisiana Commercial (www.lacdb.com), The Realtor® Commercial Alliance, Equal Housing Opportunity.

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  • Buyers
    • Looking to Buy?
    • Featured Listings
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    • COMMERCIAL LISTINGS: Business Opportunity, Industrial, Office, Restaurant/Lounge, Shopping Center, Hotel/Motel, Medical/Dental or Retail
    • LAND LISTINGS: Commercial, Industrial, Residential, Farm or Timberland
    • Buyers Guidebook
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