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Image 1 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 2 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 3 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 4 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 5 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 6 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 7 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 8 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Image 9 - 524 Magellan Street, Algiers, New Orleans, LA 70114, USA - House for sale
Home For Sale In New Orleans, Louisiana
524 Magellan Street, Algiers, New Orleans, LA 70114, USA

Home For Sale In New Orleans, Louisiana

house for sale
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Listed: 02/17/24

524 Magellan Street, Algiers, New Orleans, LA 70114, USA

9 Bed:
4 Bath:
3,808 Sq Ft Living Area:
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Price
$ 473,800

About This House

Opportunity knocks ! Gorgeous3-PLEXin Fantastic condition ! Positive cash flow! Long-term tenants! Easy commute to downtown! Beautifully maintained property on a quiet side street in an area with substantial recent investment! Gorgeous original Craftsman architectural trim and built-ins! Abundant natural light ! Very close to the Gretna line! Put your money to work for you ! Tremendous opportunity for Upward trajectory of Equity growth !

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New Orleans Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In April 2024, the asking price for 2 bed houses for sale in/near New Orleans, United States averaged $329,120, staying on the same level compared to the previous month.
Median price trends for properties for sale in New Orleans, United States as of April 2024.

Household Income

Median household income: $38,423
Number of households: 155,104
The average household income in New Orleans, LA grew from $36,999 to $38,423 in the past year. This data is an estimate based upon 155,104 households in New Orleans, LA.
The chart below presents how household income is distributed in New Orleans, LA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Orleans, LA compared to median property taxes around the country. The prevalent amount of property taxes in New Orleans, LA equals $3k+ , which is less than the national average.