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1582 MAGAZINE Street New Orleans, LA $ 1,995,000
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1582 MAGAZINE Street
$ 1,995,000
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1582 MAGAZINE Street

New Orleans, LA, 70130
$ 1,995,000
Bedrooms4 Baths3.0 Sq 2,000

Monthly Estimate*

$ 13,779

1582 MAGAZINE Street, New Orleans, LA 70130 - Image 1
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Single Family Home for sale in New Orleans, LA

for $1,995,000 with 4 bedrooms and 3 full baths. This 2,000 square foot home was built in 2014.

1582-84 Magazine Street is a 5,856 SF two-story building in the Lower Garden District, currently 100% occupied across two units. The ground floor currently operates as a coworking space. The second floor is a licensed four-bedroom, three-bath commercial short-term rental.The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It's in move-in-ready condition. HU-B1 zoning gives a buyer flexibility on commercial use.The setup suits an investor looking for cash flow from day one, or an owner-occupant who wants to run a business downstairs and keep the STR income upstairs. The office tenants can be vacated at closing if needed.**Furniture not included - can be sold separately**Highlights:- 5,856 SF building, two floors; two units- Ground floor office/co-working (~3,800sf)- Second floor licensed commercial STR (~2,000sf)- Fully renovated in 2014; updated in 2020; new roof in 2022- Zoned HU-B1- Located in New Orleans Lower Garden District; Magazine St. frontage- Strong cash flow for investors; office can be vacated for owner-occupant

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Single Family Active

Price

$ 1,995,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Year Built

2014

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2579150
Features
General
Living Area 2000.0
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Natural Gas Not Available
Roof Shingle
Appliances Dishwasher Microwave Dryer Oven Refrigerator Stainless Steel Appliance(s) Washer
Patio/Porch Features Patio: Brick Patio: Concrete
Architectural Style Other
Security Features Closed Circuit Camera(s)
Construction Materials Wood Siding
Year Built 2014
Levels Two
Property Subtype Single Family Residence
Parcel Number 1582-Magazinest
County Orleans
New Construction N
Property Type Residential
HOA N
Attached Garage N
Garage Y/N N
Total Rooms 7
Full Baths 3
Status Active
City New Orleans
Disclosures Property As Is
Senior Community Y/N N
Lot Size Square Feet 0.0
Carport Y/N N
Property Attached Y/N N
Year Built Details The building was fully renovated in 2014 updated again in 2020 and re-roofed in 2022. It's in move-in-ready condition.
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/2554616
Structure Type House
Standard Status Active
Year Built Source Public Records
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Exterior Amenities Balcony
Fencing Wrought Iron
Parking Features None
Lot Features Corner Lot
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 5856.0
Lot Dimensions 0.129
Lot Size Acres 0.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Concrete Painted/Stained Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 3
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Internal Only
Street Number 1 1582
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* Excluded Features
List By
Michael J Bucher

Listing Agent

Affordability Calculator

$13,779
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,779
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5583192 Elementary School
5584917 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/13/2026$1,995,000 Listed Price

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1582 MAGAZINE Street, New Orleans, LA, 70130 is a Single Family Home for sale at $1,995,000 with 2,000 sqft. 1582 MAGAZINE Street has 4 bedrooms, 3.0 baths, and was built in 2014. The property's zip code is 70130 which is in New Orleans, LA

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