new - 2 days on rocket

516 Governor Nicholls St Unit 101, New Orleans, LA, 70116

$275,000

Home List Price

$3,266*

Closing Credit

1 Bedroom
1 Full Bath
634 SqFt
$434/SqFt
Condo

Location

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516 Governor Nicholls St Unit 101, New Orleans$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1873
HeatingDuctless, Wall Furnace
CoolingDuctless, Wall Unit(s)
FireplaceNone
MLS #2476548
StatusActive

About 516 Governor Nicholls St Unit 101

Located in the heart of the French Quarter, 516 Governor Nicholls Unit 101 with private entrance, is a beautifully renovated 1-bedroom 1-bathroom studio, completely updated in 2023. With an open-concept design, this space offers the flexibility of adding a partition wall to create a separate bedroom, customizing your living space. Featuring historic exposed brick, hardwood floors, and abundant natural light from large windows, the condo blends classic charm with modern finishes. The kitchen is equipped with contemporary appliances and sleek countertops. Whether you're seeking a vacation condo, pied-à-terre, or an investment property, this unit offers an exceptional opportunity to experience New Orleans living at its best.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1873
  • Stories: 4
  • Living Area: 634 SqFt

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Neil Maki
  • Agent Phone: (504) 982-1115

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot: City Lot

Utilities

Utilities Information:

  • Heating: Ductless, Wall Furnace
  • Cooling: Ductless, Wall Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $434/SqFt
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Housing Market Comparison

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

Med. Sold Price

$325.3K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

201

516 Governor Nicholls St Unit 101 vs New Orleans

2 DAYS ON ROCKET

-70 Days

$275,000

-$50.3K Less

$434/SqFt

+$245 More

KEY TAKEAWAY

This property is $50.3K less than the Median Sold Price and $245/SqFt more 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: #2476548

Listing Office:

  • Office Name: McEnery Residential, LLC
  • Office Phone: (504) 605-4400
  • Listing Agent: Neil Maki
  • Agent Phone: (504) 982-1115

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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: 11/21/2024, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

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-171873
6
/10
  • Elan Academy Charter School

  • 709 Park Blvd

  • 1.65 miles

  • Public Charter Grades PK-5

school-card-donut-171874
2
/10
  • McDonogh No.26 Elementary School

  • 1200 Jefferson St

  • 2.40 miles

  • Public District Grades PK-5

school-card-donut-171875
7
/10
  • William Hart Elementary School

  • 2001 Hancock St

  • 3.02 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,722. Most New Orleans, LA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Governor Nicholls St Unit 101

What is the listing price of this property?

The listing price of 516 Governor Nicholls St Unit 101 property is $275,000.

What type of property is this?

The property 516 Governor Nicholls St Unit 101 is a condo located in New Orleans, Louisiana, 70116.

Is this property for sale now?

Active Listing: 516 Governor Nicholls St Unit 101 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 516 Governor Nicholls St Unit 101 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 516 Governor Nicholls St Unit 101 is 634 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Governor Nicholls St Unit 101 is 1873.

Rocket HomesLouisianaOrleans CountyNew Orleans70116516 Governor Nicholls St Unit 101

This home is located at 516 Governor Nicholls St Unit 101 in New Orleans, LA and zip code 70116 in the French Quarter neighborhood. This 634 square foot home was built in 1873. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $275,000.

Over 20 listings were sold over their listed price in October 2024 in New Orleans, LA. In the same period over 146 listings were sold below the listed price and 35 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 12.1% between September 2024 and October 2024. In October 2024 median list price was $325,365 and the average listing age was 72 days.

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

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