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  • Price cut: $100K (4/18)
    $475,000

    400 S Murat St, New Orleans, LA 70119

    2beds
    4,916sqft
    : 
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    Duplex, Multi Family, Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Two restroomsPrivate office
    "Discover a rare piece of neighborhood history in this versatile CORNER-LOT duplex. The ground floor carries the legacy of "Raphael's Supermarket," a beloved local staple that once housed both a convenience store and a restaurant. This expansive lower level features six large rooms, a private office, two restrooms, a shower, and a kitchen. Above is a charming 2-bedroom, 1-bathroom living quarter which provides a peaceful retreat or rental income. Situated in an HU-RD2 historic district, the zoning invites creative uses such as a historic neighborhood commercial establishment, a place of worship, or a community recreational facility. This dual-address property is offered by an out-of-state heir and is priced to account for needed roof repairs on the single-story area. Come see this duplex today to explore the potential of this unique dual-use property. This property was once Raphael's supermarket, then Banks supermarket, and Mid City Meat Market. The roof of 4440 Banks St is bad.
    122 days
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    40
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Hoa Nguyen 504-583-5294,

    People's Realty, Inc. 504-361-5485

    Source: GSREIN,MLS#: 2546759MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 1
      • 1/2 bathrooms: 2
      Heating
      • Multiple Heating Units
      Cooling
      • Window Unit(s)
      Interior area
      • Total interior livable area: 4,916 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street, Two Spaces
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 2,940 Square Feet
      • Dimensions: 29.4 x 100
      • Features: Corner Lot, Outside City Limits
      Details
      • Parcel number: 400SMURATST
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex, Multi Family, Multi Family
      Materials
      • Foundation: Slab
      • Roof: Asphalt,Shingle
      Condition
      • Average Condition
      • Year built: 1955

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $97/sqft
      • Tax assessed value: $879,100
      • Annual tax amount: $950
      • Date on market: 3/13/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,248/mo

        Price history

        DateEventPrice
        4/18/2026Price change$475,000-17.4%$97/sqft
        Source: GSREIN #2546759 Report a problem
        3/13/2026Listed for sale$575,000$117/sqft
        Source: GSREIN #2546759 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$950 $14,040
        2025$950 -1.4%$14,040
        2024$963 -5.4%$14,040
        2023$1,017 -49.9%$14,040 +3.9%
        2022$2,029 -5.6%$13,510 -3.8%
        2021$2,149 -0.1%$14,040
        2020$2,152 +1.4%$14,040
        2019$2,121 +79%$14,040
        2018$1,185 $14,040
        2017$1,185 -2.4%$14,040
        2016$1,215 +3.7%$14,040
        2015$1,171 $14,040
        2014$1,171 +1.8%$14,040
        2013$1,151 $14,040 +87.2%
        2004-- $7,500 +10.6%
        2002-- $6,780
        2001-- $6,780
        2000-- $6,780
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mid-City

        Getting around

        82 / 100
        Very Walkable
        58 / 100
        Good Transit
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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