2808-14 Philip Street, New Orleans, LA 70113

Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
2808-14 Philip Street,New Orleans, LA 70113
$899,000
  • - Beds
  • - Baths
  • 6,052 sq. ft.
  • Multi-family
  • Active
Listed by: scott weston
Office: the mcenery company
MLS#:NO2508697
Source:LA_RAAMLS

Price summary

  • Price:$899,000
  • Price per sq. ft.:$148.55

About this home

2808 - 2814 Philip Street in New Orleans includes two adjacent newly constructed residential buildings. The buildings encompass approximately 6,052 sf and are set up for shared housing/co-living. The property contains 18 bedroom-style units, eight units contain en-suite baths and ten units have shared baths (12 total baths). The property is divided into four flats - there are four kitchens and living areas shared by residents. The property is fully occupied and has averaged approximately 98% occupancy over the trailing 12 month period. The average rental rate is $776/month per bedroom. 2808-2814 Philip Street provides "naturally occurring affordable housing" - rents are affordable to those earning less than 50% of the Area Median Income (AMI) and there are no subsidies or use restrictions on the property. The property will be sold furnished. The property is operated via a pass-through lease agreement with PadSplit. PadSplit provides affordable housing through shared house rentals and

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Home facts

  • Listing ID #:NO2508697
  • Added:89 day(s) ago
  • Updated:December 31, 2025 at 04:48 PM

Rooms and interior

  • Living area:6,052 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Heat

Structure and exterior

  • Roof:Composition
  • Building area:6,052 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$899,000
  • Price per sq. ft.:$148.55

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