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1608 Governor Nicholls St, New Orleans, LA, 70116

3beds
3baths
6,945sqft
$1,149,000
$165price/sqft
$10,075/moest. monthly cost
$403,000/yrincome needed

About This Home

SUPERB HISTORIC TREME LOCATION / ONLY BLOCKS to the French Quarter. Steps to the VERY BEST of The French Quarter & Surrounding Historic Shops, Neighborhood Restaurants, Local Bars & Pubs, Coffee Houses, and all Tours the French Quarter has to offer. Welcome to the Chalon Mansion. Where History has been made since 1855. This home has been Meticulously restored, from top to bottom, Inside & Out. A True Masterpiece Restoration Project ready for you to call HOME!! THE LARGEST Home in all of Historic Treme. You get all of the best rental income imaginable only blocks from the French Quarter! Fully Gated Property with OFF STREET PARKING for 10+ Vehicles behind an Automatic Driveway Gate. Gorgeous, Tremendous Balconies, Fine Architectural Details & a HUGE Deep Lot with plenty of room for you to host events or add a Large In-Ground Pool! The interior features an Elegant OPEN Floor Plan with an extra large Chef’s Dream Kitchen featuring Custom Cabinets, Marble Counters, a Large Center Island with Custom Fixtures ++ Separate Butler’s Pantry/Wet Bar area. Formal Living & Separate Dining Rooms. There are exquisite fireplaces in every room including kitchen and all bedrooms. TOTAL of 4 Separate Units. The Primary Unit features 5 Bedrooms 3 1/2 Baths PLUS the 3 APARTMENTS each have 1 bedroom plus 1 bath. This property is WELL RENOVATED with Great Attention paid to every detail. A MUST SEE. A phenomenal opportunity!!

Getting Around

89
WalkingVery Walkable
63
TransitGood Transit
100
BikeBiker's Paradise

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1855

Materials

  • Foundation: Raised
  • Roof: Shingle
  • Construction materials: Block,HardiPlank Type,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Victorian
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Heating & Cooling

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

Interior Area

  • Total interior livable area: 6,945 sqft

Property

Details

  • Parcel number: 208104609
  • Special condition: None

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Balcony
  • Exterior features: Balcony,Courtyard,Fence,Permeable Paving

Lot

  • Lot size: 0.26 Acres
  • Features: City Lot,Oversized Lot
  • Lot size dimensions: 11497

Parking

  • Total spaces: 3
  • Parking features: Three or more Spaces,Driveway
  • Has uncovered spaces: Yes

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 $5,809$69,708
Home Insurance *$2,928$35,136
Property Taxes $813$9,756
Electricity $525$6,301
Total$10,075$120,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$345,428/yr
40% on housing$302,250/yr
45% on housing$268,666/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

$165This 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
2026-05-09Price change$1,149,000
2026-01-27Price change$1,249,000
2025-02-19Listed for sale$1,350,000
2025-02-19Listing removed$1,450,000
2024-07-18Listed for sale$1,450,000
2014-06-27Sold--

For Sale by Agent

AgentHarry Varnadore
BrokerageNextHome Premier Realtors

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