Turnkey Income-Producing Property | Renovated in 2015 <br><br>
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.<br><br>
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.<br><br>
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.<br><br>
Active
Price cut: $15K (6/27)
$710,000
3445 Magnolia St, New Orleans, LA 70115
7beds
3,100sqft
Est.:
Triplex, Multi Family
Built in 1939
-- sqft lot
$-- Zestimate®
$229/sqft
$-- HOA
What's special
High-quality renovationSmart and functional layoutHigh-end finishesThoughtfully designed floor planComfort and efficiency
- 75 days
- on Zillow |
- 131 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 12, 2025 at 01:00pm
Listed by:
Chris Smith 504-231-2004,
Keller Williams Realty New Orleans 504-862-0100,
Thomas Flatley 504-497-5994,
Keller Williams Realty New Orleans
Source: GSREIN,MLS#: 2505051

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Multiple Heating Units
Cooling
- Central Air, 3+ Units
Appliances
- Laundry: In Unit
Interior area
- Total interior livable area: 3,100 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Courtyard
- Pool features: In Ground
Lot
- Size: 2,100 Square Feet
- Dimensions: 42/VAR x 50/60
- Features: Corner Lot, City Lot, Rectangular Lot
Details
- Parcel number: 3445MAGNOLIAST
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
Materials
- Frame, HardiPlank Type
- Foundation: Raised, Slab
- Roof: Shingle
Condition
- Average Condition,Repairs Cosmetic,Updated/Remodeled
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Lighting, Windows
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $490,500
- Annual tax amount: $5,654
- Date on market: 6/3/2025
- Tenant pays: Electricity, Gas
- Loading
- Loading