The purpose of this study is investigating characteristics of paper-ash mortar according to partial replacement of fine aggregate by Paper-ash. For this purpose, selected test variables were mixing ratio with two levels of mortar(1:2, 1:3), and 3 types of paper-ash(A, B, C), and paper-ash content with four levels(5%,, 10%, 15%, 20%). As a result of this study, in all mixes with partial replacement of fine aggregate by Paper-ash generally Produced Paper-ash mortar with decreased compressive strength at ail age as compared to ordinary mixes. The mixing rate 1:2 was the higher increasing rate of strength than the mixing rate 1:3. The flow value and unit weight of paper-ash mortar were decreased with increasing of the paper-ash content. And the thermal conductivity of the thermal conductivity of the paper-ash mortar was lower than normal mixing without paper-ash.