1501 03 Governor Nicholls Street
New Orleans, LA 70116
- 3 beds
- 5 baths
- 2,680 sqft
- $265 per sqft
- 1945 build
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
Last checked:
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Last updated Mar 2, 2025
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MLS# 2488663 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1945
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Construction Materials:Stucco
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Architectural Style:Traditional
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Building Area Total:2680
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Building Area Source:Measured
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Roof:Asphalt, Shingle
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Foundation:Raised
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Exterior Features:Balcony, Porch
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Patio Features:Balcony, Porch
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Levels:Two
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Stories:2
Interior
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Rooms Total:8
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Living Area:2680
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Living Area Source:Measured
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Fireplace:Yes
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Fireplace Features:Gas
Financial & Terms
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Home Warranty:No
Location
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Cross Street:N. Villere, Esplanade Ave., N. Robertson, Ursuline
The Property
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Parcel Number:208104201
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Property Type:Residential
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Property Subtype:Detached
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Property Subtype Additional:Detached, Single Family Residence
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Property Condition:Excellent
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Lot Features:City Lot, Irregular Lot
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Lot Size Dimensions:39x54/58
Listing Agent
- Contact info:
- Agent phone:
- (504) 866-2785
- Office phone:
- (504) 866-2785
Taxes
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Tax Legal Description:SQS 174 175 GOV NICHOLLS ST AND N VILLERE ST LOT 1 OR A & B 38/35X58/54 1501-1503 GOV NICHOLLS ST
Beds
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Bedrooms Total:3
Baths
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Total Baths:5
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Full Baths:3
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Half Baths:2
The Listing
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Current Price:$711,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Association:No
Parking
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Parking Features:Driveway, One Space
Extra Units
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Other Structures:Apartment
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# of Units Total:2
Monthly cost estimate
Asking price
$711,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,807
|
| Taxes | N/A |
| Insurance | $195 |
| Utilities | $171 See report |
| Total | $4,173/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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3/2/25
Mar 2, 2025
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Listed / Active | GSREIN | $711,000 | 178.8% (46.2% / YR) |
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4/20/21
Apr 20, 2021
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GSREIN | $255,000 | ||
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2/10/21
Feb 10, 2021
|
GSREIN |
