1111 Tulane Avenue #818, New Orleans, LA 70112
Local realty services provided by:ERA Sarver Real Estate
1111 Tulane Avenue #818,New Orleans, LA 70112
$599,000
- 4 Beds
- 2 Baths
- 1,437 sq. ft.
- Condominium
- Active
Listed by: sylvia hudson
Office: reve, realtors
MLS#:2547140
Source:LA_GSREIN
Price summary
- Price:$599,000
- Price per sq. ft.:$416.84
About this home
Turnkey, professionally managed short-term rental in the CBD, located in one of the few remaining buildings with a grandfathered hotel-style STR license—offering a rare combination of compliance, scale, and strong group rental appeal.
This fully furnished 4-bedroom, 2-bath condo spans 1,437 sq ft and sleeps 12. Documented STR income was approximately $66K in 2024 and $77K in 2025, with 2026 bookings already exceeding $55K year-to-date. Financials are available upon request.
Designed for passive ownership, onsite management handles bookings, pricing, guest communication, cleaning, and maintenance, making this an ideal option for out-of-state or hands-off investors. Additional upside includes the management fee reduction from 20% to 15%, supporting stronger forward returns.
The interior features a bold, New Orleans-inspired design with curated colors and character that helps the unit stand out in listing photos and appeal to group travelers. A Bosch-equipped kitchen with quartz countertops, a dual-vanity primary bath, and a spacious layout make it well-suited for larger bookings. Building amenities include a rooftop terrace, fitness center, business center, media and game rooms, and onsite management.
Conveniently located near the Caesars Superdome, Smoothie King Center, Tulane and VA medical centers, and the French Quarter. Condo dues include water and Wi-Fi.
The HOA is also enhancing common areas with a planned lobby-level café, bar, and lounge. Per HOA guidance, these improvements are not expected to increase monthly dues....
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Home facts
- Year built:1950
- Listing ID #:2547140
- Added:96 day(s) ago
- Updated:June 17, 2026 at 03:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Kitchen Description:Cooktop, Dishwasher, Ice Maker, Microwave, Oven, Range, Refrigerator
- Living area:1,437 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Asphalt, Flat
- Year built:1950
- Building area:1,437 sq. ft.
- Lot Features:City Lot, Corner Lot
- Construction Materials:Concrete
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$416.84
Features and amenities
- Appliances:Cooktop, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cable TV, Carbon Monoxide Detector, Ceiling Fan(s), Fire Sprinkler System, Smoke Detector(s), Stainless Steel Appliances
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