About This Home

This 3-bedroom, 3-bathroom multi-family at 1201 ST PHILIP in New Orleans, LA is listed for $249,000 ($127 per sqft). Built in 1880, the home offers 1,964 sqft of living space on a N/A lot.

Key Features

  • Built in 1880

Property Details

3 full
1880

Amenities

A/C
Listing Description

FEDERAL & STATE HISTORIC TAX CREDITS MAY BE AVAILABLE! Qualified purchasers may be eligible to recoup up to 45% of qualified rehabilitation costs, creating an exceptional opportunity to restore one of New Orleans' historic treasures. A RARE RESTORATION OPPORTUNITY IN THE HEART OF TREME!

Prominently positioned on the highly visible corner of St. Philip Street and Henriette Delille Street, this iconic circa-1860 Creole Cottage offers the chance to own a remarkable piece of New Orleans history in one of the city's most culturally significant neighborhoods.

This architecturally significant property features two separate residential units, including one 2-bedroom, 2-bath residence and one 2-bedroom, 1-bath residence, providing outstanding flexibility for investors, developers, multi-generational living, or future income-producing opportunities.

Located directly across from Louis Armstrong Park and the legendary Congo Square, and just two blocks from the Historic French Quarter, this premier location places you within walking distance of world-class music, dining, festivals, entertainment, and the unmistakable culture that defines New Orleans.

This property is being offered individually for $249,000, or it may be purchased together with the neighboring property at 1205 St. Philip Street to create an extraordinary five-unit historic compound. Whether your vision is a private family estate, boutique hospitality concept, long-term investment, or an architecturally significant restoration project, the possibilities are exceptional.

THIS IS A TRUE RESTORATION PROJECT. The property is part of a succession, is being sold AS IS, and the seller will make no repairs. Historic properties of this significance, in this location, with the potential benefit of historic tax credits, are becoming increasingly difficult to acquire. Bring your vision, restore a New Orleans landmark, and create something truly extraordinary.

Monthly Cost Estimate

$1,332/mo

20% down · 6.5% · 30 years

Principal$180
Interest$1,079
Insurance$73

Estimates only. Actual payments may vary.

Location

1201 ST PHILIP

New Orleans, LA 70116

Property Details

Construction

Brick Concrete Wood Siding

Heating

Central

Cooling

Window Unit(s)Central Air

Questions & Answers

This 3-bedroom, 3-bathroom multi-family at 1201 ST PHILIP is listed at $249,000 ($127/sqft). The estimated monthly payment is $1,332 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880.

This property is listed by Chris M Smith.

CS

Chris M Smith

License 000009641

Agent at HODC LLC dba Keller Williams Realty New Orleans

Listed by HODC LLC dba Keller Williams Realty New Orleans · Broker phone: (504) 862-0100 · View on Broker Site · Broker website

MLS# 2571978· Source: ROAM MLS· 80 days on PropertySimple

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1201 ST PHILIP, New Orleans, LA 70116

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