724-76 Philip Street, New Orleans, LA 70130
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
724-76 Philip Street,New Orleans, LA 70130
$899,000
- - Beds
- - Baths
- 3,642 sq. ft.
- Multi-family
- Active
Listed by: billy patout
Office: fqr realtors
MLS#:NO2550379
Source:LA_RAAMLS
Price summary
- Price:$899,000
- Price per sq. ft.:$246.84
About this home
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 investment, 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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Home facts
- Listing ID #:NO2550379
- Added:54 day(s) ago
- Updated:May 27, 2026 at 03:10 PM
Rooms and interior
- Living area:3,642 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Unit(s)
- Heating:Central Heat
- Central air:Yes
Structure and exterior
- Roof:Composition
- Building area:3,642 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Wood Siding
- Exterior Features:Balcony
- Foundation Description:Pillar/Post/Pier
- Levels:2 Story
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$246.84
Features and amenities
- Amenities:Balcony
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