Historic Multi-Unit Residential
1201 ST PHILIP New Orleans, LA 70116
For Sale
$499,000
MULTI_FAMILY - New Orleans, LA
Property Size4,488 SF
Price / SF$111.19
Days on Market47
Property Features for 1201 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
- Standard status
- Active
- APN
- 1201-STPHILIPST
- Size
- 4,488 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
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
- 4
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Chris Smith · License #0638748
(504) 862-0100
Added: Jun 8
Changed: Jul 16
Last Checked: Jul 24 at 9:06PM
MLS# 2561203
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 offering presents a restoration and renovation opportunity featuring two separate historic residential buildings on two separate lots of record. The historic Creole Cottage at 1201 St. Philip Street contains two separate residential units: one 2-bedroom, 2-bath unit and one 2-bedroom, 1-bath unit. The neighboring building at 1205 St. Philip Street includes three additional residential units: two separate 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Offered together, the combined structures encompass approximately 4,384 square feet of living area.
The property is prominently positioned at a highly visible corner of St. Philip Street and Henriette Delille Street. It is located directly across from Louis Armstrong Park and Congo Square, and it is described as two blocks lakeside of N. Rampart Street from the Historic French Quarter.
The seller is part of a succession and will not make any repairs, making this a practical fit for buyers seeking a hands-on restoration project with flexible end-use options. The eligibility for both federal and state historic tax credits may support qualified rehabilitation plans. With five total residential units across the two buildings, the property may appeal to operators and investors looking to preserve and repurpose architecturally significant structures within Treme.
The property is prominently positioned at a highly visible corner of St. Philip Street and Henriette Delille Street. It is located directly across from Louis Armstrong Park and Congo Square, and it is described as two blocks lakeside of N. Rampart Street from the Historic French Quarter.
The seller is part of a succession and will not make any repairs, making this a practical fit for buyers seeking a hands-on restoration project with flexible end-use options. The eligibility for both federal and state historic tax credits may support qualified rehabilitation plans. With five total residential units across the two buildings, the property may appeal to operators and investors looking to preserve and repurpose architecturally significant structures within Treme.
Key Highlights
- Two historic buildings on two lots: 1201 St. Philip St and 1205 St. Philip St, offered together for $499,000
- Unit mix across both buildings: 4 residential units total—1201 has two units (2BR/2BA and 2BR/1BA); 1205 has three units (two 2BR/1BA and one 1BR/1BA)
- About 4,384 sq ft combined living area; historic restoration/renovation opportunity with no seller repairs per listing
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Quadplex - Eligible for federal and state historic tax credits, supporting a restoration-focused multi-unit acquisition.
Where is this quadplex located?
The property is located at 1201 ST PHILIP New Orleans, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two historic buildings on two lots: 1201 St. Philip St and 1205 St. Philip St, offered together for $499,000; Unit mix across both buildings: 4 residential units total—1201 has two units (2BR/2BA and 2BR/1BA); 1205 has three units (two 2BR/1BA and one 1BR/1BA); About 4,384 sq ft combined living area; historic restoration/renovation opportunity with no seller repairs per listing
