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1201 05 St Philip Street

New Orleans, LA 70116
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Bed 6

Bed

Bath 6

Bath

SqFt4,488

Sqft

This property is eligible for BOTH FEDERAL & STATE HISTORIC TAX CREDITS. which could recoup up to 45% of qualified rehabilitation costs.

A RARE AND EXTRAORDINARY HISTORIC COMPOUND OFFERING IN THE HEART OF TREME!

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.

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+ year s of New Orleans history, character, craftsmanship, and Authentic NOLA Charm.

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.

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.

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.

THIS IS A RESTORATION AND RENOVATION OPPORTUNITY.

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.

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.

Opportunities of this magnitude, in this location, at this price point, simply do not come along often.

NOTHING LIKE THIS ON THE MARKET!!!

THIS IS A ONCE IN A LIFETIME OPPORTUNITY.

DO NOT MISS THIS ONE!!!!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $499,000

AD Id : 81479293

MLS Id : 2561203

Beds : 6

Living Area Size : 4,488

Year Built : 1880

County : Orleans

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Full Baths: 6

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Window Unit Has Cooling: Yes Cooling: Central Air, Window Unit(s)

  • Building Information

    Year Built: 1880
    Construction Materials: Brick, Concrete, Wood Siding
    Stories: 3
    Patio And Porch Features: Balcony, Patio
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: Balcony, Courtyard, Fence, Patio

  • Lot Information

    Lot Dimensions: 51 x 75 Lot Description: City Lot,Rectangular Lot

  • Listing Price Information

    Listing Price: $499000

  • Tax Information

    Parcel Number: 1201-STPHILIPST Tax Lot: 1 Tax Legal Desc: SQ 139 LOT 1 ST PHILIP 20 X 75 & SQ 139 LOT 1 ST PHILIP 31 x 75

  • Location Information

    Direction: 2 blocks uptown side of N Rampart St, 4 blocks riverside of Esplanade Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1727 29 Touro Street, New Orleans, LA, 70116 $300,000 3 4 2,108 2,108 SqFt
1140 42 Touro Street, New Orleans, LA, 70116 $539,000 6 4 2,851 2,851 SqFt
1425 27 Royal Street, New Orleans, LA, 70116 $699,000 5 4 3,020 3,020 SqFt
1561-63 N Prieur Street, New Orleans, LA, 70116 $335,000 4 4 2,078 2,078 SqFt
1621 Esplanade Avenue, New Orleans, LA, 70116 $255,000 6 -- 2,993 2,993 SqFt
1830 Burgundy Street, New Orleans, LA, 70116 $595,500 3 -- 1,435 1,435 SqFt
2921 Lepage Street, New Orleans, LA, 70116 $799,000 5 4 3,056 3,056 SqFt
819 N Villere Street, New Orleans, LA, 70116 $615,000 5 5 2,628 2,628 SqFt
1327 29 Frenchmen Street, New Orleans, LA, 70116 $999,000 8 12 4,900 4,900 SqFt
1434-36 N Derbigny Street, New Orleans, LA, 70116 $650,000 4 -- 3,416 3,416 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/07/2026 @ 17:14

MLS: 2561203 LISTED BY: Chris Smith, Keller Williams Realty New Orleans 504-862-0100 SOURCE: NOMAR

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