12 days on rocket

2633 Governor Nicholls St, New Orleans, LA, 70119

$325,000

Home List Price

$3,859*

Closing Credit

5 Bedrooms
4 Full Baths
2,604 SqFt
$125/SqFt
Multi

Location

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2633 Governor Nicholls St, New Orleans$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Two Spaces
Year Built1958
HeatingOther
CoolingWindow Unit(s)
MLS #2477041
StatusActive

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1958
  • Stories: 2
  • Living Area: 2,604 SqFt

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 901-0463
  • Listing Agent: Mason McCullough
  • Agent Phone: (504) 298-8631

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Driveway, Two Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $3,664
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Orleans, LA.

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New Orleans, LA

City

Med. Sold Price

$327.6K

Med. Price/SqFt

$189

Avg. Days On Market

76

# of Sold Homes

231

2633 Governor Nicholls St vs New Orleans

12 DAYS ON ROCKET

-64 Days

$325,000

-$2.6K Less

$125/SqFt

-$65 Less

KEY TAKEAWAY

This property is $2.6K less than the Median Sold Price and $65/SqFt less than other homes in New Orleans, LA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOMAR
  • MLS Number: #2477041

Listing Office:

  • Office Name: Bridgewater Realty Advisors, LLC
  • Office Phone: (504) 901-0463
  • Listing Agent: Mason McCullough
  • Agent Phone: (504) 298-8631

IDX Disclaimer: Copyright © 2024, New Orleans Metropolitan Association of REALTORS©, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited. Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS©, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 22, 2020Home Sold
$270,000
Jul 31, 2017Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,664$25,200
2019$2,719$18,000
2018$2,773$18,000
2017$1,549$10,530

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-52137
3
/10

  • Audubon Charter School - Gentilly

  • 4720 Painters St

  • 2.80 miles

  • Public Charter Grades PK-4

school-card-donut-52138
10
/10

  • Metairie Academy for Advanced Studies

  • 201 Metairie Rd

  • 2.91 miles

  • Public Magnet Grades PK-5

school-card-donut-52139
6
/10

  • Elan Academy Charter School

  • 709 Park Blvd

  • 3.05 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,823. Residents of New Orleans, LA typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Louisiana›Orleans County›New Orleans›70119›2633 Governor Nicholls St

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.

In November 2024 more than 29 listings in New Orleans, LA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 161 were sold below. The inventory of homes for sale in New Orleans, LA between October 2024 and November 2024 increased by 6.2%. In November 2024, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $327,611.

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

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