$10,000 Closing Credit¹
#2469017, Hayley Bumpas, Listing Office: McEnery Residential, LLC
$829,000 List price
1111 Tulane Ave Unit 716 New Orleans, LA 70112
$9,844
Closing credit¹
4 beds
2 full
1,586 sqft
$523 / sqft
Condo
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
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,586 sqft
Year built1950
ParkingAssigned, Garage, Parking Available, One Space
MLS #2469418
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: 3/15/2025, 9:20:51 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
closing credit¹
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Price information
Property sales
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Tax history
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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. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
54%
<35k
37%
35k-100k
3%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
86%
Single, No Kids
1%
Single, with Kids
12%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
1%
12-17 yrs old
61%
18-34 yrs old
33%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
Chipotle
Starbucks
Jack In The Box
What do the neighbors drive?
Volkswagen
Audi
Toyota
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Jazz
All data provided by Home Junction and Claritas
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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.
New Orleans, LA housing market in February 2025 saw over 30 listings sold above listed price, more than 35 sold at listed price and over 168 sold below. The inventory of homes for sale in New Orleans, LA between January and February 2025 increased by 10.5%. In February 2025 median list price was $328,998 and the average listing age was 83 days.
From Rocket Homes Real Estate and based on county public records data.