Active

1111 Tulane Avenue #704

New Orleans, LA 70112

$215,900 $910/Mo

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Overview

Bed

Bath

515

Sqft

0.56

Acre(Lot)

Description

Turnkey downtown studio located in one of the few remaining buildings with a grandfathered short-term rental (STR) license in New Orleans. This fully furnished 1-bath unit is designed to sleep four (queen bed + sleeper sofa) and features an open-concept layout with Bosch appliances, custom cabinetry, and modern finishes. A defined sleeping area is incorporated within the main living space for efficient use and guest comfort. Ownership is fully hands-off, with onsite management by EN Management handling bookings, guest communication, cleaning, and maintenance—offering a streamlined experience for investors or second-home owners. Parking included — a rare and highly valuable feature in the CBD. Residents and guests enjoy access to a fitness center, rooftop terrace, business and media roo ms, and additional amenities. Planned common-area upgrades include a lobby-level café, bar, and lounge seating designed to further enhance the guest experience. Located in the Central Business District, just blocks from the French Quarter, Caesars Superdome, Smoothie King Center, and major medical centers. Additional upside includes a reduction in management fees from 20% to 15%, improving forward income potential. Per HOA guidance, the planned common-area improvements are not expected to increase monthly dues. Rental income history available upon request. A compelling opportunity to own a compliant STR asset in a highly restricted market, offering flexibility for personal use and income potential.

Property Details

Property Type : Residential

Price : $215,900

AD Id : 71164945

MLS Id : 2534965

Lot Size : 0.56 Acre

Living Area Size : 515

Year Built : 1951

County : Orleans

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 0

Bathroom Information

Total Baths: 1 Full Baths: 1 Half Baths: 0

Water/Sewer

Water Source: Public Sewer: Public Sewer
Room Information

Total Square Feet Living: 515 Total Rooms: 4
Interior Features

Roof: Asphalt,Flat Interior Features: Ceiling Fan(s),Carbon Monoxide Detector,Elevator,Stainless Steel Appliances,Cable TV Property Appliances: Cooktop,Dryer,Dishwasher,Ice Maker,Microwave,Oven,Range,Refrigerator,Washer Fireplace: None Cooling Features: Central Air Heating Features: Central Laundry Features: In Unit

Building Information

Year Built: 1951 Roof: Asphalt,Flat

Lot Information

Lot Features: Corner Lot,City Lot
Property Information

SQ ft: 515 Building Security,Fire Sprinkler System,Smoke Detector(s) Source Listing Status: Active Directions: I-10 E to Poydras St. Take 243B from 1-10E, Continue on Poydras, Left on O'Keefe, Left on Common St. Property Subtype: Condominium Building Exterior Type: Concrete Foundation Details: Slab Property Age: 75 Property Condition: Very Good Condition Levels or Stories: One Total Area Sqft: 515

Listing Price Information

Original List Price: $215,900

Tax Information

Parcel Number: 105102436

Homeowners Association Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1201 Canal Street #561, New Orleans, LA, 70112	$229,000	1	1	640	640 SqFt
1111 Tulane Avenue #523, New Orleans, LA, 70112	$650,000	4	2	1,586	1,586 SqFt
210 Decatur Street #202, New Orleans, LA, 70112	$399,000	1	1	892	892 SqFt
618 Dauphine Street #1B, New Orleans, LA, 70112	$350,000	2	2	775	775 SqFt
840 Tchoupitoulas Stree.., New Orleans, LA, 70112	$849,500	2	2	1,568	1,568 SqFt
835 St Louis Street #PH I, New Orleans, LA, 70112	$450,000	2	2	1,055	1,055 SqFt
835 St Louis Street #A, New Orleans, LA, 70112	$349,000	2	2	842	842 SqFt
412 Dauphine Street #1B, New Orleans, LA, 70112	$500,000	2	2	1,153	1,153 SqFt
1022 Toulouse Street #B.., New Orleans, LA, 70112	$458,000	2	2	1,095	1,095 SqFt
501 Burgundy Street #501, New Orleans, LA, 70112	$700,000	3	2	1,739	1,739 SqFt

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ByOwner last updated this listing 06/18/2026 @ 06:51

MLS: 2534965 LISTED BY: Sylvia Hudson, REVE, REALTORS 504-300-0700 SOURCE: NOMAR