1201-05 ST PHILIP Street, New Orleans, LA 70116
$499,000
Property Type:
MultiFamily
Square Footage:
4,488
Status:
Active
Current Price:
$499,000
List Date:
6/08/2026
Last Modified:
6/23/2026
Listing Details MLS# NO2561203
Listing Info
- Delayed Marketing
- No
- Listing Price
- 499000
- List Price/SqFt
- 111.19
- Document Modified
- 2026-06-23 07:12:30.051355
- Modification Timestamp
- 2026-06-23T12:48:16Z
- Photo Modified
- 2026-06-08T16:54:44Z
Location Tax Legal Info
- Street Number
- 1201-05
- Street Name
- ST PHILIP Street
- Parish
- Orleans
- State
- LA
- Zip Code
- 70116
- Tax Assessment Number
- 1201-STPHILIPST
- Directions
- 2 blocks uptown side of N Rampart St, 4 blocks riverside of Esplanade Ave Bounding Streets: Ursulines ave, Henriette Delille St, Basin St, Treme St
General Property Description
- Number of Units
- 4
- Stories
- 3
- SqFt - Total
- 4488
- SqFt - Source
- Measured
- Individual Metered?
- Yes
- Lot Dimensions
- 51 x 75
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 58510766
- Originating System Listing ID
- 2561203
- Originating System Name
- ROAM Matrix
Location, Tax & Legal Info
- Legal Desc
- SQ 139 LOT 1 ST PHILIP 20 X 75 & SQ 139 LOT 1 ST PHILIP 31 x 75
Remarks & Misc
- Remarks
- This property is eligible for BOTH FEDERAL & STATE HISTORIC TAX CREDITS. which could recoup up to 45% of qualified rehabilitation costs. <br><br> A RARE AND EXTRAORDINARY HISTORIC COMPOUND OFFERING IN THE HEART OF TREME!<br><br> This remarkable and truly irreplaceable opportunity includes TWO SEPARATE BUILDINGS ~ ON TWO SEPARATE LOTS OF RECORD, all being offered together for the singular price of just $499,000.<br><br> Prominently positioned at the highly visible corner of St. Philip Street and Henriette Delille Street, this exceptional offering consists of the historic Creole Cottage at 1201 St. Philip Street AND the neighboring 2 Story Mansion with an attached dependency unit at 1205 St. Philip Street. Together, these architecturally significant buildings represent more than 160+ years of New Orleans history, character, craftsmanship, and Authentic NOLA Charm.<br><br> The iconic Creole Cottage at 1201 St. Philip Street features two separate residential units, including (1) 2 bedroom, 2 bath unit and (1) 2 bedroom, 1 bath unit. The neighboring building at 1205 St. Philip Street offers three additional residential units, including (2) separate 2 bedroom, 1 bath units and (1) 1 bedroom, 1 bath unit.<br><br> Combined, these two historic structures encompass approximately 4,384 square feet of living area, creating an extraordinary value at approximately $111 per square foot. Opportunities offering this combination of scale, location, architectural significance, and future potential are exceptionally rare and increasingly difficult to find in today's marketplace.<br><br> Located directly across from Louis Armstrong Park and world famous Congo Square, and only two blocks lakeside of N. Rampart Street from the Historic French Quarter, this premier location places you at the epicenter of New Orleans culture, music, dining, entertainment, festivals, and history. The surrounding neighborhood continues to attract preservationists, developers, investors, artists, and homeowners seeking authentic historic properties within one of the city's most celebrated and culturally significant districts.<br><br> THIS IS A RESTORATION AND RENOVATION OPPORTUNITY.<br><br> The property is part of a succession, and the seller will NOT make any repairs. This is your opportunity to bring vision, creativity, and passion to a project capable of becoming something truly extraordinary.<br><br> Whether your goal is to create a spectacular Historic Family Estate, a Multi Generational Compound, a Boutique Hospitality Concept, an Income Producing Investment Property, or a One Of A Kind Historic Showcase Property, the possibilities here are truly limitless.<br><br> Opportunities of this magnitude, in this location, at this price point, simply do not come along often.<br><br> NOTHING LIKE THIS ON THE MARKET!!!<br><br> THIS IS A ONCE IN A LIFETIME OPPORTUNITY.<br><br> DO NOT MISS THIS ONE!!!!
More Information
Office/Member/Contract Info
- List AOR
- NOMAR
Siding
- Wood
- Yes
Parking
- No Parking
- Yes
Construction
- Brick
- Yes
- Concrete
- Yes
Foundation
- Piers
- Yes
Exterior
- Balcony
- Yes
Roof
- Composition
- Yes
Heating
- Central
- Yes
- Other
- Yes
Cooling
- Central Air
- Yes
- Window Units
- Yes
Fencing
- Other
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Water
- Yes
Property Features
Siding:
Wood
Parking:
No Parking
Construction:
Brick; Concrete
Foundation:
Piers
Roof:
Composition
Heating:
Central; Other
Cooling:
Central Air; Window Units
Exterior:
Balcony
Fencing:
Other
Tenant Pays:
Electric; Gas; Water
Documents
1201-1205 St. Philip Property Disclosure ›
IDX
Listing Office:
Keller Williams Realty New Orleans
Last Updated: June - 23 - 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.