Renovated Multifamily
For Sale
$849,000
1429 Governor Nicholls Street, New Orleans, LA 70116
Multifamily asset with four off-street parking spaces and most units reported as fully renovated.
Property Size5,034 SF
Price / SF$168.65
Days on Market271
Property Features for 1429 Governor Nicholls Street
General Information
Standard status
Active
Size
5,034 SF
Total Parking Spaces
4
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Amenities
Other
Other Heat
2
8
Flat
Slab: Traditional
Brick
Porch
Building Details
Year Built
1970
Tenancy
Multi
Listing Agency:
NOLA Living Realty
(504) 259-7945
Listed By:
Eric Hernandez · License #995689934
(504) 259-7945
Source:
Compass
Added: Dec 1, 2025
Changed: Aug 8
Last Checked: Jul 30 at 1:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NOLA Living Realty
Investment Insights
Based on property information with market context.
This Treme multifamily property offers four off-street parking spaces. Public remarks indicate that most units are fully renovated, supporting continued rental readiness within the existing improvement set.
The property is described as steps from Esplanade Avenue and within walking distance to multiple Treme and French Quarter restaurants and entertainment.
For investors seeking a renovated multifamily building in a walkable entertainment corridor, this offering pairs off-street parking with largely refreshed units, as reflected in the provided property remarks.
The property is described as steps from Esplanade Avenue and within walking distance to multiple Treme and French Quarter restaurants and entertainment.
For investors seeking a renovated multifamily building in a walkable entertainment corridor, this offering pairs off-street parking with largely refreshed units, as reflected in the provided property remarks.
Key Highlights
- 2‑story brick multifamily built in 1970 with flat roof and slab foundation
- 8 bedrooms and 8 full bathrooms across the property
- Most units reported as fully renovated
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 70116, LA
10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Multifamily asset with four off-street parking spaces and most units reported as fully renovated.
Where is this specialty property located?
The property is located at 1429 Governor Nicholls Street New Orleans, LA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 2‑story brick multifamily built in 1970 with flat roof and slab foundation; 8 bedrooms and 8 full bathrooms across the property; Most units reported as fully renovated
