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2017 Governor Nicholls St, New Orleans, LA, 70116

3beds
2baths
1,740sqft
$344,000
$198price/sqft
$3,005/moest. monthly cost
$120,200/yrincome needed

About This Home

***Owner Financing/Bond for Deed Terms: Down Payment: 10% due at closing, Interest Rate: 5%, Amortization: 30 years Additional Principal Payment: 10% due at year 2 Balloon Payment: Remaining balance due at year 5***Owner financing available. Tenant-occupied investment opportunity in Treme featuring two residential units in a front structure and rear unit, with classic New Orleans character and upside potential. Convenient access to the French Quarter, Esplanade Avenue, downtown, and neighborhood amenities. Part of a larger portfolio of 13 rental properties for sale across New Orleans; available individually or in packages. Contact agent for details.

Getting Around

85
WalkingVery Walkable
61
TransitGood Transit
100
BikeBiker's Paradise

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1920

Materials

  • Foundation: Other,Raised
  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cottage
  • Property subType: Duplex,Multi Family,Multi Family,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total interior livable area: 1,740 sqft

Property

Details

  • Parcel number: 208106205
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Fence

Lot

  • Lot size: 4,112 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 3810

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,739$20,868
Home Insurance *$876$10,512
Property Taxes $243$2,916
Electricity $147$1,773
Total$3,005$36,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$103,028/yr
40% on housing$90,150/yr
45% on housing$80,133/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 70116$263
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70116$211
Orleans Parish$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-27Price change$344,000
2026-03-20Listed for sale$349,000
2011-09-13Listing removed$129,000
2011-03-13Price change$129,000
2010-11-06Price change$130,000
2010-08-14Listed for sale$150,000

For Sale by Agent

AgentChristopher Talbot
BrokerageTalbot Realty Group

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