$9,203 Closing Credit¹
#2490114, Andrew Grafe, Listing Office: FQR Realtors
$711,000 List price
1501-03 Governor Nicholls St New Orleans, LA 70116
$8,443
Closing credit¹
3 beds
3 full, 2 partial
2,680 sqft
$265 / sqft
House
Property details
About 1501-03 Governor Nicholls St
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
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,680 sqft
Year built1945
ParkingDriveway, One Space
MLS #2488663
FireplaceGas
Summary
- MLS Number: 2488663
- MLS Name: NOMAR
- Office Name: LATTER & BLUM (LATT07)
- Office Phone: (504) 866-2785
- Office Email: ewolford@latterblum.com
- Listing Agent: Mary Dodart
- Agent Phone: (504) 451-0863
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Last updated on: 4/27/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$711,000
1501-03 Governor Nicholls St
$8,443
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
1.6 mi
•709 Park Blvd
2
McDonogh No.26 Elementary School
Public District PK-5
2.4 mi
•1200 Jefferson St
7
William Hart Elementary School
Public District PK-5
3.0 mi
•2001 Hancock St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $79,722. The most common annual income of people living in New Orleans, LA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
38%
35k-100k
20%
100k-200k
24%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
83%
Single, No Kids
1%
Single, with Kids
15%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
0%
12-17 yrs old
25%
18-34 yrs old
53%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Men's Tennis
Music Concerts
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Chipotle
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1501-03 Governor Nicholls St
This home is located at 1501-03 Governor Nicholls St in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 2,680 square foot home was built in 1945. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $711,000.
In March 2025, from all listings sold in New Orleans, LA there were more than 27 sold above asking price, over 167 sold below and more than 40 were sold right at the asked price. In March 2025 in New Orleans, LA there were 14.8% more homes for sale than in February. In March 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $329,791.
From Rocket Homes Real Estate and based on county public records data.