MAJOR PRICE REDUCTION!
Investor and developer opportunity in the heart of historic Treme-Lafitte! Nestled among Creole cottages, historic landmarks, and oak-lined streets, 1531 Governor Nicholls Street is steps from Armstrong Park, the French Quarter, and the vibrant dining, live music, and arts venues that define this culturally rich neighborhood. This property has been totally gutted and needs significant work, making it a clean slate for your creative vision.
The 2,518 sq ft primary residence, built in 1900, features soaring ceilings, spacious rooms, a covered front porch, 5 bedrooms, and 4.5 baths. Attached is a 1,203 sq ft framed second unit with a living room, kitchen, 2 full baths, and a half bath, potential guest house, Airbnb, or income-producing rental.
Treme-Lafitte offers a unique blend of old-world charm and modern amenities, making it one of New Orleans’ most sought-after neighborhoods. With its prime location and endless potential, this property invites possibilities from crafting a stunning single-family home to developing a bed and breakfast or rental property. Sold as-is; the bank will make no repairs. Experience the rhythm, soul, and unparalleled charm of this iconic area. Bring all offers!
By entering this property, visitors, agents, and their clients release the property owner, listing agent, and brokerage from any liability for accidents, injuries, or damages that may occur on the premises. The property is in a gutted state and may have exposed hazards, including but not limited to uneven flooring or structural concerns. Visitors acknowledge these conditions prior to entering.
Pending
$475,000
1531 Gov Nicholls St, New Orleans, LA 70116
7beds
3,623sqft
Est.:
Single Family Residence
Built in 1900
3,432 Square Feet Lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
Oak-lined streetsCreole cottagesCovered front porchSoaring ceilingsSpacious rooms
- 168 days
- on Zillow |
- 105 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 12:27pm
Listed by:
Ann Duplessis 225-329-9102,
Duplessis Real Estate Group LLC 225-329-9102
Source: GSREIN,MLS#: 2476367

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- None
Cooling
- None
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,623
- Total interior livable area: 3,623 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,432 Square Feet
- Dimensions: 39 x 88
- Features: Corner Lot, City Lot, Irregular Lot
Details
- Additional structures: Apartment
- Parcel number: 208104207
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Raised
- Roof: Shingle
Condition
- Poor Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $173,600
- Annual tax amount: $2,443
- Date on market: 11/17/2024
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