1201 B St Philip Street New Orleans, LA $ 249,000
1201 B St Philip Street
$ 249,000
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1201 B St Philip Street

New Orleans, LA, 70116
$ 249,000
Bedrooms3 Baths3.0 Sq 1,964

Monthly Estimate*

$ 1,572

1201 B St Philip Street, New Orleans, LA 70116 - Image 1
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Multi-Family Home for sale in New Orleans, LA

for $249,000 with 3 bedrooms and 3 full baths. This 1,964 square foot home was built in 1880.

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.

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Multi-Family Active

Price

$ 249,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Year Built

1880

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2571978

Features
General
Sewer Public Sewer
Heating Central Window Unit
Cooling Central Air Window Unit(s)
Roof Shingle
Patio/Porch Features Balcony Patio
Architectural Style Traditional
Pool Features None
Construction Materials Brick Concrete Wood Siding
Year Built 1880
Tenant Pays Electricity Gas Water
Stories Count 3
Levels Three Or More
Property Subtype Duplex
County Orleans
Property Type Residential Income
Energy Efficient Lighting
Full Baths 3
Status Active
Directions 2 blocks uptown side of N Rampart St 4 blocks riverside of Esplanade Ave
City New Orleans
Number Of Units Total 2
Property Condition Average Condition
Virtual Tour https://www.zillow.com/view-imx/039f79bf-49d8-4deb-8306-6ef2535d94fd?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Tax Lot 1
Property Sub Type Additional Duplex
Legal Description SQ 139 LOT 1 ST PHILIP AND ST CLAUDE 31X75
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Exterior
Exterior Amenities Balcony Courtyard Fence Patio
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Raised
Lot Dimensions 51 x 75
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 3
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* Excluded Features
List By
Keller Williams Realty New Orleans

Broker

RealtorChrisSmith@gmail.com

Email

Affordability Calculator

$1,572
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$249,000 Listed Price

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1201 B St Philip Street, New Orleans, LA, 70116 is a Multi-Family Home for sale at $249,000 with 1,964 sqft. 1201 B St Philip Street has 3 bedrooms, 3.0 baths, and was built in 1880. The property's zip code is 70116 which is in New Orleans, LA