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Image 1 - 3445 Magnolia St, New Orleans, Louisiana, 70115 - House for sale
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Magnolia St, New Orleans, Home For Sale
3445 Magnolia St, New Orleans, Louisiana, 70115

Magnolia St, New Orleans, Home For Sale

house for sale
Listed: 07/27/24

3445 Magnolia St, New Orleans, Louisiana, 70115

7 Bed:
4 Bath:
3,200 Sq Ft Living Area:
Save
Price
$ 740,000

About This House

Beautifully remodeled Multi-unit home located in the Ferret/ Central City neighborhood. In 2015, the property was taken down to the studs and completely rebuilt. The building features a very large, fully furnished three- bedroom apartment on the ground level and two smaller two-bedroom apartments on the second floor. The two top units currently have long-term tenants, generating a monthly income of$2, 900,with the potential to increase. The bottom unit was recently used as an airbnb, offering the new owners the unique opportunity to continue this arrangement as it is the only Airbnb on the block! The airbnb unit can generate up to$7, 000per month, if not more, in rental income. Start generating income before the holidays!

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Uptown Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Uptown, New Orleans, United States averaged $498,707, staying on the same level compared to the previous month.
Median price trends for properties for sale in Uptown, New Orleans, United States as of August 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.