1531 Gov Nicholls St New Orleans, LA 70116
Treme-Lafitte NeighborhoodEstimated payment $2,689/month
Total Views
7,808
7
Beds
8
Baths
3,623
Sq Ft
$110
Price per Sq Ft
Highlights
- Traditional Architecture
- Wood Siding
- 5-minute walk to Treme Recreation Community Center
- Corner Lot
- No Heating
About This Home
MAJOR PRICE REDUCTION!
Investor and developer opportunity in the heart of historic Treme-Lafitte! Nestled among Creole cottages, historic landmarks, and oak-lined streets, 1531 Governor Nicholls Street is steps from Armstrong Park, the French Quarter, and the vibrant dining, live music, and arts venues that define this culturally rich neighborhood. This property has been totally gutted and needs significant work, making it a clean slate for your creative vision.
The 2,518 sq ft primary residence, built in 1900, features soaring ceilings, spacious rooms, a covered front porch, 5 bedrooms, and 4.5 baths. Attached is a 1,203 sq ft framed second unit with a living room, kitchen, 2 full baths, and a half bath, potential guest house, Airbnb, or income-producing rental.
Treme-Lafitte offers a unique blend of old-world charm and modern amenities, making it one of New Orleans’ most sought-after neighborhoods. With its prime location and endless potential, this property invites possibilities from crafting a stunning single-family home to developing a bed and breakfast or rental property. Sold as-is; the bank will make no repairs. Experience the rhythm, soul, and unparalleled charm of this iconic area. Bring all offers!
By entering this property, visitors, agents, and their clients release the property owner, listing agent, and brokerage from any liability for accidents, injuries, or damages that may occur on the premises. The property is in a gutted state and may have exposed hazards, including but not limited to uneven flooring or structural concerns. Visitors acknowledge these conditions prior to entering.
Listing Agent
Duplessis Real Estate Group LLC License #995695094 Listed on: 11/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,676
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 39 x 88
- Corner Lot
- Irregular Lot
Parking
- Off-Street Parking
Home Design
- Traditional Architecture
- Raised Foundation
- Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 3,623 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 7 Bedrooms
Location
- City Lot
Utilities
- No Cooling
- No Heating
Community Details
Listing and Financial Details
- Tax Lot LOT A
- Assessor Parcel Number 208104207
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $5,676 | $43,000 | $8,460 | $34,540 |
| 2024 | $5,762 | $43,000 | $8,460 | $34,540 |
| 2023 | $2,381 | $17,360 | $8,460 | $8,900 |
| 2022 | $2,381 | $16,920 | $8,460 | $8,460 |
| 2021 | $2,499 | $17,360 | $8,460 | $8,900 |
| 2020 | $2,524 | $17,360 | $8,460 | $8,900 |
| 2019 | $1,632 | $10,800 | $1,900 | $8,900 |
| 2018 | $1,664 | $10,800 | $1,900 | $8,900 |
| 2017 | $1,589 | $10,800 | $1,900 | $8,900 |
| 2016 | $1,639 | $10,800 | $1,900 | $8,900 |
| 2015 | $1,606 | $10,800 | $1,900 | $8,900 |
| 2014 | -- | $12,000 | $1,690 | $10,310 |
| 2013 | -- | $12,000 | $1,690 | $10,310 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Price Changed | $400,000 | -15.8% | $110 / Sq Ft |
| 07/01/2025 07/01/25 | For Sale | $475,000 | 0.0% | $131 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 03/08/2025 03/08/25 | Price Changed | $475,000 | -20.2% | $131 / Sq Ft |
| 01/15/2025 01/15/25 | Price Changed | $595,000 | -8.5% | $164 / Sq Ft |
| 11/17/2024 11/17/24 | For Sale | $650,000 | +23.8% | $179 / Sq Ft |
| 02/15/2022 02/15/22 | Sold | -- | -- | -- |
| 01/16/2022 01/16/22 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | For Sale | $525,000 | -- | $210 / Sq Ft |
Source: ROAM MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | Crescent Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $765,040 | New Conventional |
Source: Public Records
Similar Homes in New Orleans, LA
Source: ROAM MLS
MLS Number: 2476367
APN: 2-08-1-042-07
Nearby Homes
- 1615 Governor Nicholls St Unit 106
- 1621 Governor Nicholls St Unit 306
- 1429 Governor Nicholls St Unit 1
- 1332 Esplanade Ave Unit 6
- 1332 Esplanade Ave Unit 1
- 1233-1225 Marais St
- 1427 Esplanade Ave Unit C
- 1133 N Claiborne Ave
- 1428 Ursulines Ave
- 1716 Bayou Rd Unit A
- 1631 Esplanade Ave Unit C
- 1433 N Villere St
- 1523 Saint Philip St Unit A
- 1265 Esplanade Ave Unit 201B
- 1212 Treme St Unit A
- 1212 Treme St Unit C
- 1261 Esplanade Ave
- 1261 Esplanade Ave
- 1506 Saint Philip St
- 1033 N Derbigny St