$234,000
$31K PRICE DROP

516 Governor Nicholls St Unit 401 New Orleans, LA 70116

French Quarter Neighborhood

Estimated payment $1,956/month

Total Views 19,234
1 Bed
1 Bath
858 Sq Ft
$273 Price per Sq Ft

Highlights

  • Traditional Architecture
  • 3-minute walk to Ursulines Street Station
  • Property is in excellent condition
  • Ductless Heating Or Cooling System
  • Dogs and Cats Allowed
  • 5-minute walk to Cabrini Playground

About This Home

Welcome to 516 Governor Nicholls Street, Unit #401, a stunningly renovated loft on one of the most desirable and quiet blocks of the French Quarter, just steps from the vibrant French Market. The 360 views of the French Quarter are spectacular! This exquisite loft condo seamlessly blends historic charm with modern luxury. Step inside to find a bright, open-concept living space featuring high ceilings, original hardwood floors, and elegant finishes. The gourmet kitchen boasts stainless steel appliances and quartz countertops, great for culinary enthusiasts. Soak in the peaceful atmosphere of this historic neighborhood. For added peace of mind, the building features a brand-new full sprinkler system installed in 2023.

Pool and courtyard under development in 518-524 Governor Nicholls will also be common areas for condo owners in 516 Governor Nicholls. (see artist rendition photo)

This location is moments away from world-class dining, lively music, and iconic sights. Don’t miss your chance to own a piece of New Orleans history in this beautifully updated retreat!

Listing Agent

Neil Maki

McEnery Residential, LLC License #995701923 Listed on: 03/26/2025

McEnery Residential, LLC

Co-Listing Agent

Rosalie Wilson

McEnery Residential, LLC License #995693413

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1896

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 858 Sq Ft Home
  • 4-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Additional Features

  • Property is in excellent condition
  • City Lot

Community Details

Overview

  • Association fees include common areas
  • 6 Units
  • 516 Govnichollsst Association

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1896

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: condo
  • Co List Office Mls Id: MCEN02
  • Co List Office Phone: (504) 605-4400
  • Architectural Style: Traditional
  • Entry Level: 4
  • Building Stories: 4
  • Year Built: 1896
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 4

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 858.0
  • Stories: 4

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Pool Features: None
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Slate

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: In Unit
  • Security: None
  • Cooling: Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Ductless, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association #2 Fee: 430.0
  • Association Name: 516-GOVNICHOLLSST
  • Association: No
  • Pets Allowed: Cats OK, Dogs OK, No Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: NA

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $234,000 0.0% $273 / Sq Ft
06/23/2025 06/23/25 Price Changed $234,000 -6.0% $273 / Sq Ft
05/19/2025 05/19/25 Price Changed $249,000 0.0% $290 / Sq Ft
05/19/2025 05/19/25 Price Changed $249,000 -6.0% $290 / Sq Ft
03/26/2025 03/26/25 For Sale $265,000 0.0% $309 / Sq Ft
03/26/2025 03/26/25 For Sale $265,000 -- $309 / Sq Ft
Source: ROAM MLS

Similar Homes in New Orleans, LA

  • 1323 Dauphine St Unit 3, New Orleans, LA 70116

    $199,900

    • 1 Bed
    • 1 Bath
    • 551 Sq Ft
    • 1323 Dauphine St
    • Unit 3
    • New Orleans, LA

    WHY RENT WHEN YOU CAN OWN THIS AMAZING CONDO! Located on the corner of Dauphine & Esplanade Ave at the edge of the FQ, close to Miss River, French Market & music at Frenchmen St. Rare opportunity to own your piece of the French Quarter. This well maintained condo is move in ready. Fully furnished waiting for your personal touch. 1 bedroom, 1 bath, plantation shutters, Kitchen with granite

    Carl Calamia Homesmart Realty South

    Section Image
  • 1028 Kerlerec St Unit 3, New Orleans, LA 70116

    $194,900

    • 1 Bed
    • 1 Bath
    • 619 Sq Ft
    • 1028 Kerlerec St
    • Unit 3
    • New Orleans, LA

    Welcome to Unit 3, a beautifully updated 2 bedroom, 2 bath condo in the heart of the vibrant and historic Marigny—just blocks from the iconic French Quarter and Frenchmen Street’s legendary music scene.Originally built with classic New Orleans architecture, this home was thoughtfully remodeled in 2020, preserving historic details while adding modern comforts. Refinished hardwood floors

    Katie Toups Blue Heron Realty

    Section Image
  • 1201 Canal St Unit 271, New Orleans, LA 70112

    $225,000

    • 1 Bed
    • 1 Bath
    • 617 Sq Ft
    • 1201 Canal St
    • Unit 271
    • New Orleans, LA

    Step inside Unit 271 and be greeted by soaring 17-foot ceilings that amplify the spacious, open-concept layout. The well-appointed kitchen features sleek granite countertops, stainless steel appliances, and plenty of cabinetry for storage. The living area, fully furnished with its rich wood flooring and abundant natural light, for both relaxing and entertaining. The large windows provide

    Brittany Picolo Ramos Keller Williams Realty New Orleans

    Section Image
  • 3412 Saint Claude Ave, New Orleans, LA 70117

    $249,900

    • 1 Bed
    • 1 Bath
    • 922 Sq Ft
    • 3412 Saint Claude Ave
    • New Orleans, LA

    Charming New Orleans shotgun condo with side hall. Soaring 12' ceilings, lots of natural light and original heart of pine flooring. Enjoy your favorite drink either on your front porch or back deck. X flood zone. Gated off-street parking in the rear of home. All that Bywater has to offer with many restaurants, cafes, Crescent Park, or strolling to the French Quarter.

    Diana Parsons LATTER & BLUM

    Section Image
  • 1205 St Charles Ave Unit 916, New Orleans, LA 70130

    $180,000

    • 1 Bed
    • 1 Bath
    • 568 Sq Ft
    • 1205 St Charles Ave
    • Unit 916
    • New Orleans, LA

    Enjoy the excitement of St. Charles Ave! This spectacular freshly painted, 9th floor condo is surrounded by restaurants and shopping! Conveniently located to Downtown and the French Quarter! 1205 St Charles Ave has Tons to offer - an amazing pool, hot tub, exercise room, sauna, and party room. Other features include a gated/assigned parking spot, front desk security. The property is on Mardi

    Diana Parsons LATTER & BLUM (LATT01)

    Section Image
  • 816 Austerlitz St Unit C, New Orleans, LA 70115

    $179,000

    • 1 Bed
    • 1 Bath
    • 541 Sq Ft
    • 816 Austerlitz St
    • Unit C
    • New Orleans, LA

    Charming Uptown condo just one block off Magazine Street! This home features an abundance of natural light, high ceilings, an open floor plan for entertaining, plus a spacious, large private backyard oasis—rare for the area. Enjoy all the best shopping, dining, and nightlife steps from your door, while relaxing in your own quiet retreat. Priced to Sell!

    Josh Raymond Raymond Real Estate LLC

    Section Image
  • 801 Henry Clay Ave Unit 200, New Orleans, LA 70118

    $199,900

    • 1 Bed
    • 1 Bath
    • 512 Sq Ft
    • 801 Henry Clay Ave
    • Unit 200
    • New Orleans, LA

    Location Location Location! Tulane & Loyola Universities are a short walk, Audubon Park & Zoo and all that Magazine Street has to offer. This 1 bed,1bath pieta terre is a second-floor corner unit. Renovated in 2022, flooring, bath, appliances, mini split system, washer/dryer added to unit and paint. Assigned parking spot and pool. Exterior of the building currently being painted. Reasonable HOA

    Ken Hamrick Keller Williams Realty New Orleans

    Section Image
  • 1133 Royal St Unit 7, New Orleans, LA 70116

    $210,000

    • 1 Bed
    • 1 Bath
    • 332 Sq Ft
    • 1133 Royal St
    • Unit 7
    • New Orleans, LA

    Nestled in the heart of the historic French Quarter, this charming pied-a-terre offers a quintessential New Orleans experience. The residence features a delightful balcony entrance, perfect for setting the tone of a vibrant atmosphere. Freshly updated kitchen and bath ensure modern comfort and convenience while the loft bedroom provides a cozy retreat.This airy abode is bathed in natural

    Shelley Lawrence Wurth Real Estate Services

    Section Image
  • 718 Barracks St Unit 6, New Orleans, LA 70116

    $275,000

    • 1 Bed
    • 1 Bath
    • 593 Sq Ft
    • 718 Barracks St
    • Unit 6
    • New Orleans, LA

    Discover the unforgettable charm of this light filled Vieux Carre' Pieds-a-terre. Located in the desirable residential section of the French Quarter, this unit offers a unique living experience in a beautiful historical building. Impressive archways in the entrance lead to a shared spacious courtyard. Features include beautiful wood floors and stunning views from its quaint dormer windows.

    Shelley Lawrence Wurth Real Estate Services

    Section Image

Source: ROAM MLS

MLS Number: 2493523