1400 Governor Nicholls Street, New Orleans, LA 70116

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1400 Governor Nicholls Street,New Orleans, LA 70116
$799,000
  • - Beds
  • - Baths
  • 4,914 sq. ft.
  • Multi-family
  • Active
Listed by: aimee ashe, liz ashe
Office: demand realty
MLS#:NO2532374
Source:LA_RAAMLS

Price summary

  • Price:$799,000
  • Price per sq. ft.:$162.6

About this home

Great opportunity for buyers looking to avoid Standard financing. Bond for deed terms are as follows: Only 15% down payment. Financing terms include a 6% interest rate for Years 1-3, followed by a 7% interest rate for Years 4-5. Rare and highly enticing opportunity to own a corner stucco 6-plex in the heart of Historic Treme--one of New Orleans' most vibrant and culturally rich neighborhoods. This income-producing property features separate water and electric meters and currently generates $6,702 per month, with projected rents exceeding $8,000 at full occupancy. If you are investors seeking strong cash flow or owner-occupants wanting to live in one unit while the others offset expenses. Enjoy a charming gated shared courtyard and an unbeatable location just one block from Esplanade Avenue and only steps from the French Quarter. Walk to iconic historic shops, renowned neighborhood restaurants, local bars and pubs, coffee houses, and the very best tours and attractions the Quarter has...

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Home facts

  • Listing ID #:NO2532374
  • Added:162 day(s) ago
  • Updated:May 27, 2026 at 03:10 PM

Rooms and interior

  • Living area:4,914 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Heat
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Building area:4,914 sq. ft.
  • Lot area:0.13 Acres
  • Construction Materials:Brick, Stucco
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$162.6

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