Corner-Lot Duplex with Historic
For Sale
$475,000
400 S Murat Street, New Orleans, LA 70119
Duplex with a large six-room lower level and a 2-bedroom, 1-bath upper unit, located in a HU-RD2 historic district.
Days on Market141
Property Features for 400 S Murat Street
General Information
Standard status
Active
Property subtype
Multi Family Home
Zoning
HU-RD2
Building Details
Building Size
4,916 SF
Year Built
1955
Listing Agency:
People's Realty, Inc.
(504) 583-5294
Listed By:
John HOA Nguyen · License #000019749
(504) 583-5294
Source:
Nolalivingrealty
Added: Mar 13
Changed: Jul 29
Last Checked: Jul 30 at 12:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of People's Realty, Inc.
Investment Insights
Based on property information with market context.
This corner-lot duplex offers a dual-address setup with two distinct levels. The expansive lower level includes six large rooms, a private office, two restrooms, a shower, and a kitchen. The upper portion provides a 2-bedroom, 1-bath living quarter.
The property is located at 400 S Murat Street in a HU-RD2 historic district. The zoning framework is described as allowing creative uses, including a historic neighborhood commercial establishment, a place of worship, or a community recreational facility.
The ground-floor legacy is tied to Raphael’s Supermarket, which the remarks state also operated as a convenience store and restaurant at different times; later it was described as Banks supermarket and Mid City Meat Market. The offering also notes needed roof repairs on the single-story area, including that the roof of 4440 Banks St is in poor condition.
The property is located at 400 S Murat Street in a HU-RD2 historic district. The zoning framework is described as allowing creative uses, including a historic neighborhood commercial establishment, a place of worship, or a community recreational facility.
The ground-floor legacy is tied to Raphael’s Supermarket, which the remarks state also operated as a convenience store and restaurant at different times; later it was described as Banks supermarket and Mid City Meat Market. The offering also notes needed roof repairs on the single-story area, including that the roof of 4440 Banks St is in poor condition.
Key Highlights
- Corner‑lot duplex built in 1955 with a 2‑bedroom, 1‑bath upper unit
- Lower level includes six large rooms, a private office, two restrooms, a shower, and a kitchen
- Property has dual addresses and was previously used as Raphael's Supermarket (also listed as Banks supermarket and Mid City Meat Market)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,701
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with a large six-room lower level and a 2-bedroom, 1-bath upper unit, located in a HU-RD2 historic district.
Where is this duplex located?
The property is located at 400 S Murat Street New Orleans, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Corner‑lot duplex built in 1955 with a 2‑bedroom, 1‑bath upper unit; Lower level includes six large rooms, a private office, two restrooms, a shower, and a kitchen; Property has dual addresses and was previously used as Raphael's Supermarket (also listed as Banks supermarket and Mid City Meat Market)
