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About This Home

This 0-bedroom, 1-bathroom condo at 1111 TULANE Avenue in New Orleans, LA is listed for $215,900 ($419 per sqft). Built in 1951, the home offers 515 sqft of living space on a 0.56 acres lot.

Agent 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 rooms, and additional amenities. Planned common-area upgrades include a lobby-level cafe, 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.

Key Features

  • Built in 1951
  • 0.56 acre lot

Property Details

1 story
1 full
#704
1951

Amenities

A/C

Monthly Cost Estimate

$1,631/mo

20% down · 6.5% · 30 years

Principal$156
Interest$936
Insurance$63
HOA$476

Estimates only. Actual payments may vary.

Location

1111 TULANE Avenue

New Orleans, LA 70112

Property Details

Parking

GarageAssigned

Heating

Central

Cooling

Central Air

Appliances

CookTopDryerDishwasherIce MakerMicrowaveRefrigeratorRange/OvenWasher

Questions & Answers

This 0-bedroom, 1-bathroom condo at 1111 TULANE Avenue is listed at $215,900 ($419/sqft). The estimated monthly payment is $1,412 based on 20% down at 6.5% interest.

HOA fees are $476/month.

Key features include: Built in 1951, 0.56 acre lot.

This property is listed by Sylvia Hudson and can be reached at (504) 300-0700 or sylvia.hudson@reverealtors.com.

SH

Sylvia Hudson

Agent at REVE, REALTORS

(504) 300-0700

Listed by REVE, REALTORS · View on Broker Site

MLS# 2534965· Source: listhub· Updated 166 days ago

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1111 TULANE Avenue, New Orleans, LA 70112

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