$799,000

1111 Tulane Ave Unit 508 New Orleans, LA 70112

Central Business District Neighborhood

Estimated payment $4,966/month

Total Views 7,914
4 Beds
2 Baths
1,556 Sq Ft
$513 Price per Sq Ft

Highlights

  • Stainless Steel Appliances
  • 2-minute walk to Canal And Rampart
  • Bosch Dishwasher
  • Cooling Available
  • Open Patio
  • 3-minute walk to Duncan Plaza

About This Home

Luxury Condo in the Heart of Downtown New Orleans – Priced to Sell! Discover instant equity with this stunning condo! This high-yield investment property comes with built-in management by Hosteeva and a hotel license, offering unparalleled flexibility. Perfect as a vacation rental, owner-occupied unit, or a mix of both. Step into luxury with this fully furnished 4-bedroom, 2-bathroom condo, featuring custom cabinets and top-of-the-line Bosch appliances. Enjoy breathtaking views of iconic French Quarter hotels. Residents have access to premium amenities including a terrace, fitness center, business center, media and game room. Located in the bustling Central Business District, this condo is within walking distance to Tulane, VA, and University Medical Centers, and just two blocks from the Superdome, Bourbon St, Canal St, and the Arena. This is a rare chance to own a vacation rental condo in New Orleans, with existing bookings already in place. Don't miss out on this exceptional opportunity! Contact us today for more information. Seller is offering 17k to buyers as a 2/1 rate buy down as well as a 13K in seller credits to buyers for allowable costs and prepaids. Must use buyers lender and it will be a 30k buyer incentive package!

Listing Agent

Nicole Gaudet

Epique Realty License #0995696552 Listed on: 02/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,297

Year Built

  • Built in 1950

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Ceiling height of 9 feet or more

Kitchen

  • Oven or Range
  • Microwave
  • Bosch Dishwasher
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Open Patio
  • Sprinkler System

Community Details

  • Property has a Home Owners Association
  • Association fees include common areas, insurance, water
  • Not A Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,297

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Attached Single Family,Condominium
  • Year Built: 1950
  • Year Built Details: 51-75 Years
  • ResoLaundryFeatures: Washer/Dryer Hookups
  • Appliances: Washer, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Stainless Steel Appliance(s)
  • Subdivision Name: Not A Subdivision
  • Architectural Style: Other
  • Bedrooms: 4
  • Carport Y N: No
  • Reso Interior Features: Ceiling 9'+, Elevator
  • New Construction: No
  • Reso Patio And Porch Features: Patio: Open
  • Property Attached Yn: Yes
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Living Area: 1556
  • Master Bedroom Features: Ceiling 9ft Plus
  • Room Kitchen Area: 95.94
  • Master Bathroom Features: No Special Features

Exterior Features

  • Roof: Composition
  • Pool Private: No
  • Home Warranty: No
  • Construction Materials: Other Siding, Concrete
  • Exterior Features: Sprinkler System
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: None

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Gas: None
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 9708
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Water

Schools

  • Junior High Dist: Orleans Parish

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,297 $63,800 $1,540 $62,260
2024 -- $31,940 $770 $31,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2025 02/05/25 For Sale $799,000 +129.9% $513 / Sq Ft
03/24/2023 03/24/23 Sold -- -- -- View Prior Sale
01/31/2023 01/31/23 For Sale $347,474 -- $447 / Sq Ft
Source: Greater Baton Rouge Association of REALTORS®

Source: Greater Baton Rouge Association of REALTORS®

MLS Number: 2025002078

Greater Baton Rouge Association of REALTORS®

APN: 1-05-1-022-85

Louisiana Orleans Parish New Orleans 70112 Central Business District

1111 Tulane Ave Unit 508, New Orleans, LA

For Sale

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Nicole Gaudet
Listing Agent
Nicole Gaudet
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Epique Realty
(504) 370-8617