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724 76 Philip Street

New Orleans, LA 70130
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Bed 4

Bed

Bath 4

Bath

SqFt3,642

Sqft

Fully leased historic fourplex in the heart of the Irish Channel, ideally located between Chippewa and Annunciation. The property consists of four 1-bedroom, 1-bath units with approximately 3,642 sq ft of living area, plus 282 sq ft of balcony/deck space, offering immediate, stable rental income. Originally built in the 1870s, the building retains classic New Orleans character throughout, including hardwood floors, mantels, transom windows, historic millwork, and cast-iron tubs. A major renovation in 2000 updated key systems while preserving the architectural integrity. Select bathrooms have been updated with tile flooring and newer cabinetry. Tenant occupied need 24 hour notice to show The two upper units are fully electric and feature central HVAC systems replaced in 2025 (over $40K i nvestment, 5-year warranty), helping reduce near-term capital expenditures. The lower units offer gas cooking, gas space heaters, and window unit cooling. Situated on an oversized approximately 45 x 160 lot (~7,200 sq ft), the property includes rare side-drive access to the rear yard—an uncommon feature that adds long-term flexibility and value. With all units leased, a proven rental layout, and a highly walkable location in one of New Orleans’ most consistently demanded neighborhoods, this property presents a strong opportunity for both cash flow and long-term appreciation.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $899,000

AD Id : 76715361

MLS Id : 2550379

Beds : 4

Living Area Size : 3,642

Year Built : 1880

County : Orleans

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Full Baths: 4

    Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
    Laundry Features: Common Area
  • Heating & Cooling

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

  • Building Information

    Year Built: 1880
    Construction Materials: Wood Siding
    Stories: 2
    Patio And Porch Features: Balcony
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 45x160 Lot Description: City Lot,Oversized Lot

  • Listing Price Information

    Listing Price: $899000

  • Tax Information

    Parcel Number: SQ 75 LOT 213 Tax Lot: 213/0 Tax Legal Desc: 1. SQ 75 LOT 213 PHILIP 43 OVER 2. 39X159 VAR DB 724-26 PHILIP 3. ADD. CHG. 12/17/03

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
525 Conti Street, New Orleans, LA, 70130 $1,472,500 8 4 3,582 3,582 SqFt
928-930 Second Street, New Orleans, LA, 70130 $619,000 4 2 1,725 1,725 SqFt
920 Washington Avenue, New Orleans, LA, 70130 $625,000 2 -- 1,904 1,904 SqFt
1173 Magazine Street, New Orleans, LA, 70130 $1,335,000 3 4 4,063 4,063 SqFt
805-807 Jackson Avenue, New Orleans, LA, 70130 $299,901 4 -- 1,533 1,533 SqFt
1441-43 St. Mary Street, New Orleans, LA, 70130 $640,000 6 4 3,600 3,600 SqFt
841 Washington Avenue, New Orleans, LA, 70130 $499,000 4 2 2,254 2,254 SqFt
317 Exchange Place, New Orleans, LA, 70130 $760,000 2 2 1,344 1,344 SqFt
1524 St Mary Street, New Orleans, LA, 70130 $783,750 4 4 3,732 3,732 SqFt
2412 14 Magazine Street, New Orleans, LA, 70130 $970,000 6 4 4,853 4,853 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 @ 16:11

MLS: 2550379 LISTED BY: Billy Patout, FQR Realtors 504-949-5400 SOURCE: NOMAR

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