#2469017, Hayley Bumpas, Listing Office: McEnery Residential, LLC
1111 Tulane Ave Unit 716 New Orleans, LA 70112
Property details
About 1111 Tulane Ave Unit 716
$95K+ in Gross Revenue for 2024! HOTEL LICENSE IN PLACE - DEEDED AND GATED/SECURED PARKING SPOT INCLUDED! Parking spot grosses an additionally $500 per month average. Projected 2025 Revenue is $102K in gross earnings for condo + parking spot. High yielding investment property with built in management from Hosteeva. This 4 bed/2 bath recently renovated unit comes fully furnished WITH PARKING! Custom cabinets, Bosch appliances and new flooring throughout. Parking is assigned garage parking space attached to the building. Capitalize on your investment by renting both your condo and parking space out 365 days a year. Tenants and owners get full use of all building amenities incl: terrace, fitness center, business center, media and game room. Centrally located in CBD, walking distance to Tulane, VA and University medical centers. Walk two blocks to Superdome/Arena or FQ. RARE opportunity to own a vacation rental condo in New Orleans! $$$$ Super Bowl bookings already coming in for the building!
Highlights
Summary
- MLS Number: 2469418
- MLS Name: NOMAR
- Office Name: McEnery Residential, LLC
- Office Phone: (504) 605-4400
- Office Email: parke@mceneryco.com
- Listing Agent: Hayley Bumpas
- Agent Phone: (504) 450-3515
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Last updated on: 3/13/2025, 6:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$829,000
1111 Tulane Ave Unit 716
$9,844
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Price information
Property sales
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Nearby schools
6
Elan Academy Charter School
Public Charter PK-5
1.9 mi
•709 Park Blvd
2
McDonogh No.26 Elementary School
Public District PK-5
2.3 mi
•1200 Jefferson St
10
Gretna No. 2 Academy for Advanced Studies
Public Magnet PK-5
2.8 mi
•701 Amelia St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,928. The most common annual income of people living in New Orleans, LA is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1111 Tulane Ave Unit 716
This home is located at 1111 Tulane Ave Unit 716 in New Orleans, LA and zip code 70112 in the Central Business District neighborhood. This 1,586 square foot home was built in 1950. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $829,000.
Over 30 listings were sold over their listed price in February 2025 in New Orleans, LA. In the same period over 168 listings were sold below the listed price and 35 listings were sold for the listed price. The number of homes for sale in New Orleans, LA increased by 10.5% between January and February 2025. The median list price of listings available in February 2025 was $328,998, while the average time on the real estate market was 83 days.