259 PAPWORTH Avenue, Metairie, LA 70005 (MLS# NO2518566)

259 PAPWORTH Avenue, Metairie, LA 70005

$215,000
Property Type: MultiFamily Square Footage: 1,242 Lot Size (sq. ft.): 2,614 Status: Pending
Current Price: $215,000 List Date: 8/26/2025 Last Modified: 2/03/2026

Description

A rare investment opportunity awaits in the heart of 70005--perfect for rehabbers, visionaries, and those ready to unlock serious potential. This multi-unit property features three efficiency units, each with its own electric meter, plus one shared gas and water meter. Units A and B in the main structure boast a brand-new roof, updated plumbing, and freshly repaired and painted wood siding, offering immediate value and curb appeal. Rear Unit C is gutted to the studs, presenting a blank canvas with endless possibilities--whether you envision a stylish studio, guest suite, or expanded living space. The entire property could easily be converted back into a single-family home, making it a flexible opportunity for both investors and owner-occupants. With easy access to Metairie Road and the interstate, this property is primed for attention and packed with potential.

Supplements: ********

More Information MLS# NO2518566

Listing Info

Delayed Marketing: No List Price/SqFt: 173.11 Document Modified: 2026-02-03 17:01:26.591480 Status: Pending Listing Date: 2025-08-25 Listing Price: 215000 Current Price: $215,000 Type: Triplex Modification Timestamp: 2026-02-03T23:01:45Z Photo Modified: 2026-02-03T22:51:25Z

Location, Tax & Legal Info

Legal Desc: LOT 25 BLK 12 METAIRIE NURSERY

General Property Description

Lot Dimensions: 25 x 150 Stories: 1 SqFt - Total: 1242 SqFt - Source: Appraiser Individual Metered?: Yes Number of Units: 3 Acres: 0.06

Remarks & Misc

Remarks: A rare investment opportunity awaits in the heart of 70005--perfect for rehabbers, visionaries, and those ready to unlock serious potential. This multi-unit property features three efficiency units, each with its own electric meter, plus one shared gas and water meter. Units A and B in the main structure boast a brand-new roof, updated plumbing, and freshly repaired and painted wood siding, offering immediate value and curb appeal. Rear Unit C is gutted to the studs, presenting a blank canvas with endless possibilities--whether you envision a stylish studio, guest suite, or expanded living space. The entire property could easily be converted back into a single-family home, making it a flexible opportunity for both investors and owner-occupants. With easy access to Metairie Road and the interstate, this property is primed for attention and packed with potential.

Office/Member/Contract Info

List AOR: NOMAR

Currently Not Used

Acreage Range: 0 - 0.5

Siding

Wood: 1

Foundation

Piers: 1

Patio

Porch: 1

Roof

Composition: 1

Heating

Other: 1

Cooling

Window Units: 1

Fencing

Other: 1

Owner Pays

Gas: 1 Water: 1

Tenant Pays

Electric: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 52246571 Originating System Listing ID: 2518566 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 259 Street Name: PAPWORTH Avenue Parish: Jefferson State: LA Zip Code: 70005 Tax Assessment Number: 0820019145 Directions: Bounding Streets: Pink and Canal St

Status Change Info

Under Contract Date: 2026-02-02

Property Features

Siding: Wood Foundation: Piers Roof: Composition Heating: Other Cooling: Window Units Fencing: Other Owner Pays: Gas; Water Tenant Pays: Electric
Listing Office: Hospitality Realty
IDX
Last Updated: February - 03 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.