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1408 MAGAZINE Street
New Orleans LA 70130 US

$619,000

Active Under Contract Listing ID 2472529
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$619,000

Active Under Contract Listing ID 2472529
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1408 MAGAZINE Street Don't miss the opportunity to restore this Victorian double gallery four-plex, located in the heart of the Lower Garden District. Just a block from Coliseum Square and within walking distance to a variety of shops and restaurants, this property is situated in a prime location. Partially taken down to the studs, this architectural gem showcases its original hardwood floors, intricate crown molding, soaring ceilings, original millwork, elegant brick fireplace mantles, and ornate medallions throughout. Each of the four two-bedroom, one-bath units boasts its own balcony or private outdoor space, making this a rare and historically significant property. Renovate into a spacious single-family home or back into an income producing four-plex. A new roof was installed after hurricane Ida and the home is currently under a termite contract. The building is pre-approved for historic tax credits which could allow up to 45% (25% State and 20% Federal tax credits) rehabilitation costs back to the owner! Restore this beauty back to its former glory and obtain a sought after investment property. The facade of this building was donated to the Preservation Resource Center and the act of donation is included in the attachments.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Fence
  • Roof Type: Asphalt, Shingle
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 619000
  • unparsedaddress: 1408 MAGAZINE Street
  • postalcity: New Orleans
  • stateorprovince: LA
  • country: US
  • postalcode: 70130
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 5077
  • livingareaunits: Square Feet
  • listagentfullname: Adrienne LaBauve
  • listagentemail: alabauve@gmail.com
  • listagentkey: 3yd-NOMARLA-labaadri
  • listagentmlsid: labaadri
  • listagentpreferredphone: 5045133109
  • listagentofficephone: 5045133109
  • listofficekey: 3yd-NOMARLA-EXPR01
  • listofficemlsid: EXPR01
  • disclaimer: Copyright © 2025 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.
  • sourcesystemid: NOMARLA
  • listingcontractdate: 2024-10-21
  • listagenturl: https://sla.exprealty.com/
  • countyorparish: Orleans
  • constructionmaterials: Asbestos
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • exteriorfeatures: Fence
  • architecturalstyle: Victorian
  • entrylevel: 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"la.broker@exprealty.net", "ListBrokerageCity":"New Orleans", "ListBrokerageCountry":"US", "ListBrokerageEmail":"la.broker@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NOMARLA/d7ff1be1627711e7971f0242ac110009/20230301234206376.png", "ListBrokerageName":"eXp Realty, LLC", "ListBrokeragePhone":"504.513.3109", "ListBrokeragePostalCode":"70130-6116", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":"Ste 1400", "ListBrokerageUnparsedAddress":"650 Poydras", "ListBrokerageWebsiteUrl":"https://sla.exprealty.com/", "ListOfficeAddress1":"650 Poydras St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"New Orleans", "ListOfficeCountry":"US", "ListOfficeEmail":"la.broker@exprealty.net", "ListOfficePostalCode":"70130", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"Victorian, 4 Plex - New Orleans, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1408-Magazine-St_New-Orleans_LA_70130_M79540-97095?f=listhub&s=NOMARLA&m=2472529&c=rexren", "MLSModificationTimestamp":"2025-01-08T09:18:19Z", "Neighborhoods":[{"Description":null, "Name":"Lower Garden Dist."}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/8/2025 6:05:26 PM GMT
Source Updated Date: 1/13/2025 6:42:45 AM GMT

Courtesy of: Adrienne LaBauve, eXp Realty, LLC, alabauve@gmail.com

Copyright © 2025 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.