$3,859

closing credit¹

2633 Governor Nicholls St New Orleans, LA 70119

$325,000
5 beds
4 full
2,604 sqft
$125 / sqft
Multi-Family

Property details

About 2633 Governor Nicholls St

2633 Governor Nicholls Street is a 4-unit multifamily property located in the rapidly-growing Treme neighborhood, just blocks away from the Esplanade Avenue and N. Broad St intersection. The property is in great condition and has major upside potential in rents or can be owner-occupied with rental income to offset housing costs using an FHA loan.The building contains four (4) units that with three (3) 1 bedroom and 1 bathroom units and one (1) 2 bedroom 1 bathroom unit. Two (2) of the units are 592 sf, one (1)unit is 452 sf and the largest unit (2 bedroom) is 968 square feet. The property is currently 100% occupied with below market rents, allowing for a new owner to raise rents to market without much work. The property is also located in a favorable X flood zone with no flood insurance requirements.

Highlights

Home typeQuadruplex
HeatingOther
StatusActive
CoolingWindow Unit(s)
Size2,604 sqft
Lot size0 Acres
Year built1958
ParkingDriveway, Two Spaces
MLS #2477041

Summary

  • MLS Number: 2477041
  • MLS Name: NOMAR
  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 901-0463
  • Office Email: mason@bridgewater.realty
  • Listing Agent: Mason McCullough
  • Agent Phone: (504) 298-8631

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Last updated on: 1/30/2025, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a porch

$325,000

2633 Governor Nicholls St

$3,859

closing credit¹

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Price information

Property sales

DateEventPrice
Jan 22, 2020
Home Sold
$270,000

Tax history

YearAssessmentProperty Tax
2023$25,650$-
2022$24,600$-
2021$25,650$-
2020$25,200$3,663
2019$18,000$2,719
2018$18,000$2,773
2017$10,530$1,549

History based on county public records data.

Nearby schools

3

Audubon Charter School - Gentilly

Public Charter PK-4

2.8 mi

4720 Painters St

10

Metairie Academy for Advanced Studies

Public Magnet PK-5

2.9 mi

201 Metairie Rd

6

Elan Academy Charter School

Public Charter PK-5

3.1 mi

709 Park Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,823. Typical income of New Orleans, LA residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

66%
<35k
29%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
19%
Single, with Kids
13%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
42%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • PopeyesPopeyes

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2633 Governor Nicholls St in New Orleans, LA and zip code 70119 in the Treme neighborhood. This 2,604 square foot home was built in 1958. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $325,000.

Over 26 listings were sold over their listed price in December 2024 in New Orleans, LA. In the same period over 204 listings were sold below the listed price and 46 listings were sold for the listed price. The inventory of homes for sale in New Orleans, LA between November and December 2024 increased by 0.5%. While the average time on the market in December 2024 was 74 days, the median list price was $325,680.

From Rocket Homes Real Estate and based on county public records data.

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