1818 Paul Morphy St New Orleans, LA 70119
Fairgrounds NeighborhoodEstimated payment $2,944/month
Highlights
- Arts and Crafts Architecture
- Oversized Lot
- Property is in excellent condition
- Balcony
- Central Heating and Cooling System
- Fenced
About This Home
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.
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.
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,724
Year Built
- Built in 2013
Lot Details
- 4,500 Sq Ft Lot
- Lot Dimensions are 30' x 150'
- Fenced
- Oversized Lot
- Property is in excellent condition
Home Design
- Duplex
- Arts and Crafts Architecture
- Raised Foundation
- Asphalt Roof
- Vinyl Siding
- Stucco Exterior
Interior Spaces
- 2,208 Sq Ft Home
- Property has 2 Levels
Utilities
- Central Heating and Cooling System
- Internet Available
Additional Features
- Balcony
- Outside City Limits
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 37W213620
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,724 | $35,060 | $6,750 | $28,310 |
| 2024 | $3,779 | $35,060 | $6,750 | $28,310 |
| 2023 | $3,979 | $36,700 | $4,500 | $32,200 |
| 2022 | $3,979 | $35,090 | $4,500 | $30,590 |
| 2021 | $4,301 | $36,700 | $4,500 | $32,200 |
| 2020 | $5,335 | $36,700 | $4,500 | $32,200 |
| 2019 | $2,998 | $26,700 | $1,350 | $25,350 |
| 2018 | $3,056 | $26,700 | $1,350 | $25,350 |
| 2017 | $3,928 | $26,700 | $1,350 | $25,350 |
| 2016 | $4,053 | $26,700 | $1,350 | $25,350 |
| 2015 | $2,483 | $16,700 | $1,350 | $15,350 |
| 2014 | -- | $16,700 | $1,350 | $15,350 |
| 2013 | -- | $16,700 | $1,350 | $15,350 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/14/2025 09/14/25 | Price Changed | $494,900 | -1.0% | $224 / Sq Ft | |
| 07/25/2025 07/25/25 | Price Changed | $499,900 | -1.0% | $226 / Sq Ft | |
| 05/01/2025 05/01/25 | For Sale | $505,000 | +30.3% | $229 / Sq Ft | |
| 07/26/2019 07/26/19 | Sold | -- | -- | -- | View Prior Sale |
| 06/26/2019 06/26/19 | Pending | -- | -- | -- | |
| 05/12/2019 05/12/19 | For Sale | $387,500 | 0.0% | $176 / Sq Ft | |
| 07/11/2017 07/11/17 | For Rent | $1,200 | 0.0% | -- | |
| 07/11/2017 07/11/17 | Rented | $1,200 | 0.0% | -- | |
| 12/19/2014 12/19/14 | Sold | -- | -- | -- | View Prior Sale |
| 11/19/2014 11/19/14 | Pending | -- | -- | -- | |
| 09/07/2014 09/07/14 | For Sale | $298,000 | -- | $135 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $360,000 | Attorney | |
| Warranty Deed | $332,000 | Homestead Title Company Llc | |
| Warranty Deed | $267,000 | -- | |
| Warranty Deed | $60,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $353,479 | FHA | |
| Previous Owner | $325,986 | FHA | |
| Previous Owner | $200,250 | New Conventional | |
| Previous Owner | $110,000 | Unknown |
Source: Gulf South Real Estate Information Network
MLS Number: 2498965
APN: 3-7W-2-136-20
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