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Historic Three-Unit Property
For Sale
$289,000

1205 ST PHILIP, New Orleans, LA 70116

Multi-Family, Traditional, New Orleans, LA

Property Size2,524 SF
Price / SF$114.50
Days on Market23

Property Features for 1205 ST PHILIP

General Information

Property type Residential Multi Family
Property subtype Other
Patio and Porch features Patio
Exterior features Balcony, Courtyard, Fence, Outdoor Entertainment Area Beyond Your Average Patio
Fencing Fenced
Lot features Regular
Subdivision Treme / Lafitte
Standard status Active
APN 1205-STPHILIPST
Size 2,524 SF

Taxes and HOA fees

Tax Description SQ 139 LOT 1 ST PHILIP 20 X 75 & SQ 139 LOT 1 ST PHILIP 31 x 75
Legal Description SQ 139 LOT 1 ST PHILIP 20 X 75 & SQ 139 LOT 1 ST PHILIP 31 x 75

Utilities

Heating system Central
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1880
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: Keller Williams Realty New Orleans
Listed By: Chris Smith · License #000009641
Added: Aug 12 Changed: Aug 24 Last Checked: Sep 3 at 4:06PM
MLS# 2572131

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This historic two-story property contains 2,524 square feet and is configured as three residential units: one with two bedrooms and one bath, plus two units with one bedroom and one bath each. An attached dependency, balcony, fenced courtyard, patio, central heating, central air, window units, public water, and a shingle roof are included. The property is offered in as-is condition as a restoration and renovation project.

Located at the corner of St. Philip Street and Henriette Delille Street, the property sits across from Louis Armstrong Park and Congo Square. It is also two blocks from N. Rampart Street and the Historic French Quarter. The property is identified as eligible for federal and state historic tax credits that could recoup up to 45% of qualified rehabilitation costs.

Key Highlights

  • Three residential units: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
  • 2,524 square feet across a two‑story historic property built in 1880
  • Corner location at St. Philip Street and Henriette Delille Street

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,536
Businesses Nearby

Demographics for 70116, LA

10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Built in 1880, the two-story property features a courtyard, balcony, and attached dependency.
Where is this triplex located?
The property is located at 1205 ST PHILIP New Orleans, LA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Three residential units: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; 2,524 square feet across a two‑story historic property built in 1880; Corner location at St. Philip Street and Henriette Delille Street
More about this property
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