1501 Governor Nicholls St New Orleans, LA 70116
Treme-Lafitte NeighborhoodEstimated payment $4,032/month
Total Views
4,302
3
Beds
5
Baths
2,680
Sq Ft
$260
Price per Sq Ft
Highlights
- Traditional Architecture
- Porch
- Property is in excellent condition
- Balcony
- Central Heating and Cooling System
- 3-minute walk to Treme Recreation Community Center
About This Home
This is a rare chance to own a stunning, turn-key home in a coveted location with income potential. Just steps from the French Quarter at Governor Nicholls and North Villere, this exquisitely renovated property is a true gem. Thoughtfully updated between 2021 and 2022, it features impeccable craftsmanship and high-end finishes throughout.
Currently configured as two residences:
Unit 1503 (Owner’s Unit) – 2-bed, 2.5-bath home
Unit 1501 – 1-bed, 1.5-bath apartment, leased for $1,600/month until May 2025
The Owner’s unit (1503) blends modern comfort with historic charm. The stylish living area boasts a sleek gas fireplace and a powder room finished with Fine Paints of Europe high-gloss paint. The chef’s kitchen features marble countertops, high-end appliances, ample cabinetry, a gas cooktop, and a double oven/microwave. A spacious den/sitting area opens to a charming porch and serene outdoor space. Upstairs, the primary suite offers a luxurious bath with an oversized shower, a walk-in closet with a washer/dryer, and ample storage. A second bedroom and full bath are bathed in natural light, with a French door leading to a private balcony.
The apartment unit (1501) has an open floor plan with modern convenience and timeless appeal. The kitchen, featuring quartz countertops, and a powder room are downstairs, along with under-stair storage. Upstairs, the bedroom, full bath, and laundry area open to a front-facing balcony.
A comprehensive renovation modernized the home with new plumbing, wiring, HVAC, doors, windows, flooring, appliances, insulation, and a new roof, making it highly energy-efficient with remarkably low power bills.
Flood Zone X – No flood insurance required
Off-street parking for one vehicle
Custom shades and blinds throughout
Low-maintenance exterior – ideal "Lock and Go" property
Move-in ready, every detail meticulously considered
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,126
Year Built
- Built in 2022
Lot Details
- Irregular Lot
- Property is in excellent condition
Home Design
- Traditional Architecture
- Raised Foundation
- Shingle Roof
- Stucco Exterior
Interior Spaces
- 2,680 Sq Ft Home
- Property has 1 Level
- Gas Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 1 Parking Space
- Driveway
Outdoor Features
- Balcony
- Porch
Additional Features
- Outside City Limits
- Central Heating and Cooling System
Community Details
Listing and Financial Details
- Assessor Parcel Number 208104201
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,126 | $22,950 | $4,090 | $18,860 |
| 2024 | $2,156 | $22,950 | $4,090 | $18,860 |
| 2023 | $3,234 | $23,970 | $4,090 | $19,880 |
| 2022 | $3,234 | $22,980 | $4,090 | $18,890 |
| 2021 | $6,482 | $45,030 | $4,260 | $40,770 |
| 2020 | $6,546 | $45,030 | $4,260 | $40,770 |
| 2019 | $1,571 | $10,400 | $960 | $9,440 |
| 2018 | $1,602 | $10,400 | $960 | $9,440 |
| 2017 | $1,618 | $11,000 | $960 | $10,040 |
| 2016 | $2,075 | $13,670 | $960 | $12,710 |
| 2015 | $2,032 | $13,670 | $960 | $12,710 |
| 2014 | -- | $10,500 | $850 | $9,650 |
| 2013 | -- | $12,000 | $850 | $11,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Price Changed | $696,000 | 0.0% | $260 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $696,000 | -2.1% | $260 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $711,000 | 0.0% | $265 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $711,000 | 0.0% | $265 / Sq Ft |
| 05/10/2024 05/10/24 | Rented | $1,600 | 0.0% | -- |
| 05/05/2024 05/05/24 | Price Changed | $1,600 | -5.9% | $2 / Sq Ft |
| 04/07/2024 04/07/24 | For Rent | $1,700 | 0.0% | -- |
| 04/20/2021 04/20/21 | Sold | -- | -- | -- |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | For Sale | $399,000 | -- | $149 / Sq Ft |
Source: Gulf South Real Estate Information Network
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Cash Sale Deed | $255,000 | Winters Title Agency Inc |
Source: Public Records
Similar Homes in New Orleans, LA
Source: Gulf South Real Estate Information Network
MLS Number: 2488663
APN: 2-08-1-042-01
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