Backup offers
$5,926 Closing Credit¹
#2499822, Liz Tardo, Listing Office: Nola Home Realty Group
$505,000 List price
1818 Paul Morphy St New Orleans, LA 70119
$5,997
Closing credit¹
5 beds
4 full
2,208 sqft
0.1 acres
$229 / sqft
Multi-Family
Property details
About 1818 Paul Morphy St
Beautifully restored raised cottage just 5 BLOCKS from the entrance to Jazz Fest!! This multifamily property in Prime Fairgrounds location, contains 2 units. Upstairs features two bedrooms & two full bathrooms and the first floor has three bedrooms & two full baths, one bath which was just recently added. Sit and sip on your favorite beverage on the inviting porch as you listen to the sounds of famous musical artists from around the world. The front porch leads to a vibrant open living, dining, & kitchen area with dramatic original recently refinished hardwood floors. The upstairs kitchen boast large windows, granite countertops, stainless steel appliances and lots of storage. Additionally, upstairs has a recently added large back deck that leads to a massive yard; an entertainer's dream! This extra deep back yard(150') with subsurface drainage has endless possibilities. Build your dream pool and pool house or an accessory home with a vegetable garden. <BR> This property is also an outstanding income-generating opportunity for savvy investors or owner-occupiers seeking additional rental revenue. Current owners have short term rental permitting and the property has long term rental history. Downstairs also has the flexibility to become two units and both have separate entrances with private bedrooms. There are also convenient laundry facilities on both floors. <BR> Roof is just a few years old, all electrical updated in 2019, adding peace of mind and reliability. Downstairs kitchenette and bath plumbing were installed in 2021 and a new water heater was just installed. Coveted X Flood Zone. All of this, conveniently located within a few minutes of the Fairgrounds, City Park, Bayou St. John, and the French Quarter!
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,208 sqft
Lot size0.1033 Acres
Year built1939
MLS #2498965
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 5
- Parking: None
- Exterior: Balcony, Fence
- Architectural Style: Craftsman
- Heating: Central
- Cooling: Central Air
- List Price: $505,000
- Price/SqFt: $228
- Annual Tax Amount: $5,335
- Tax Year: 2020
- Lot: City Lot, Oversized Lot
- Directions: Go north on N Broad, take a left on O'Reilly then right on Paul Morphy and the property is on the right
- Year Built: 1939
- Stories: 2
- Living Area: 2,208 SqFt
- Lot Size: 0.1033 Acres
- MLS Number: 2498965
- MLS Name: NOMAR
- Office Name: FQR Realtors
- Office Phone: (504) 949-5400
- Office Email: george@fqr.com
- Listing Agent: Effie Parker
- Agent Phone: (504) 606-0723
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Last updated on: 5/30/2025, 3:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$505,000
1818 Paul Morphy St
$5,997
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 31, 2019 | Home Sold | $360,000 |
| Aug 16, 2016 | Home Sold | $332,000 |
| Dec 30, 2014 | Home Sold | $267,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $36,700 | $- |
| 2022 | $35,090 | $- |
| 2021 | $36,700 | $- |
| 2020 | $36,700 | $5,335 |
History based on county public records data.
Nearby schools
3
Audubon Charter School - Gentilly
Public Charter PK-4
2.1 mi
•4720 Painters St
10
Metairie Academy for Advanced Studies
Public Magnet PK-5
3.2 mi
•201 Metairie Rd
6
Elan Academy Charter School
Public Charter PK-5
3.4 mi
•709 Park Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,109. Most New Orleans, LA residents have annual incomes less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
83%
<35k
14%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
56%
Single, No Kids
24%
Single, with Kids
10%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 1818 Paul Morphy St in New Orleans, LA and zip code 70119 in the Fairgrounds neighborhood. This 2,208 square foot home, which was built in 1939, sits on a 0.10 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $505,000.
New Orleans, LA housing market in April 2025 saw over 40 listings sold above listed price, more than 45 sold at listed price and over 193 sold below. The inventory of homes for sale in New Orleans, LA between March and April 2025 increased by 13.8%. Listings spent 85 days on the market in April 2025, and had a median list price of $329,697 during the same period.
From Rocket Homes Real Estate and based on county public records data.