$325,000
$25K PRICE DROP

531 S Murat St New Orleans, LA 70119

Mid-City Neighborhood

Estimated payment $2,097/month

Total Views 3,325
4 Beds
2 Baths
1,500 Sq Ft
$217 Price per Sq Ft

Highlights

  • Creole Architecture
  • Central Heating and Cooling System
  • Property has 1 Level
  • Porch
  • Property is in very good condition
  • 4-minute walk to St Patrick Playground

About This Home

**NEED 24 HOUR NOTICE FOR SHOWINGS***

Charming Mid-City Duplex Just in Time for Fall! This cozy 4-bedroom, 2-bath unit is full of character, featuring a spacious bedroom with a large closet, an in-unit laundry room, and a welcoming front porch—just in time to enjoy the crisp fall air. (Each side is 2 bedroom and 1 bath). The property boasts a fenced-in yard, privacy and outdoor relaxation. Located in the heart of Mid-City, you're minutes from City Park, local bars, restaurants, and quick access to the interstate for an easy commute. Don't miss the chance to live in one of New Orleans' most vibrant neighborhoods and rent the other side or build your portfolio with this investment property!

BOTH UNITS ARE LEASED AT THIS TIME

Listing Agent

NICOLE WAGUESPACK

NOLA Living Realty License #NOM:995709412 Listed on: 09/25/2024

NOLA Living Realty

Co-Listing Agent

LOUIS CONGEMI

NOLA Living Realty License #NOM:995705765

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 2006

Lot Details

  • 4,051 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Property is in very good condition

Home Design

  • Duplex
  • Creole Architecture
  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Internet Available

Additional Features

  • Porch
  • Outside City Limits

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 105308203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,579

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Duplex
  • Style: Creole Cottage
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: SQ 814 LOT C-1 SOUTH MURAT 45' X 90'
  • Lp Amt Sq Ft: 216.67
  • Measurmnt Apprx Not Guaranteed: Yes
  • Building Stories: 1.00000
  • Unit Level: 1
  • Year Renovated: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Room Count: 6
  • Estimated Living Area: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Pool Type: None
  • Exterior: Vinyl Siding
  • ExteriorFeatures: Porch
  • Foundation: Raised
  • Roof Type: Shingle

Garage/Parking

  • Car Storage: One, Driveway Only
  • Internet: Yes

Utilities

  • Air Conditioner: Central
  • Electricity Provided By: Entergy
  • Gas Type: None
  • Heating: Central
  • Sewer Type: City
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 0.0930
  • Elevation Certificate: No
  • Lot Description: Regular
  • Lot Size: 50x90
  • Parcel #: 105308203

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Electricity Paid By: Tenant
  • Lease Purchase Poss: No
  • Water Paid By: Owner

Multi Family

  • Total Bedrooms All Units: 4
  • Total Full Baths All Units: 2
  • Total Rent All Units: 2400
  • Total Units: 2
  • Unit Count: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $3,579 $25,640 $7,290 $18,350
2024 $3,436 $25,640 $7,290 $18,350
2023 $2,773 $18,960 $6,080 $12,880
2022 $2,773 $18,320 $6,080 $12,240
2021 $2,924 $18,960 $6,080 $12,880
2020 $2,951 $18,960 $6,080 $12,880
2019 $2,981 $18,410 $3,650 $14,760
2018 $3,057 $18,410 $3,650 $14,760
2017 $2,339 $14,400 $2,030 $12,370
2016 $2,386 $14,400 $2,030 $12,370
2015 $2,341 $14,400 $2,030 $12,370
2014 -- $14,400 $2,030 $12,370
2013 -- $5,500 $2,840 $2,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Price Changed $325,000 -5.1% $217 / Sq Ft
12/04/2024 12/04/24 Price Changed $342,500 -2.1% $228 / Sq Ft
09/25/2024 09/25/24 For Sale $350,000 -- $233 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,504 Unknown
Source: Public Records

About the Listing Agent

NICOLE WAGUESPACK
NICOLE WAGUESPACK

NOLA Living Realty

(504) 474-6922

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View NICOLE's Profile

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Source: Gulf South Real Estate Information Network

MLS Number: 2469205

Gulf South Real Estate Information Network

APN: 1-05-3-082-03

Louisiana Orleans Parish New Orleans 70119 Mid-City

531 S Murat St, New Orleans, LA

This home is located at 531 S Murat St, New Orleans, LA 70119 and is currently priced at $325,000, approximately $216 per square foot. This property was built in 2006. 531 S Murat St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Success Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Gulf South Real Estate Information Network IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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NICOLE WAGUESPACK
NICOLE WAGUESPACK
Listing Agent Section Image
NOLA Living Realty
(504) 474-6922