Search
Licensed Short-Term Rental Condominium
For Sale
$594,000

1111 Tulane Avenue #601, New Orleans, LA 70112

A combined two-unit residence offers four bedrooms, two baths, and permits for short-term rental use.

Property Size1,394 SF
Price / SF$426.11
Days on Market177

Property Features for 1111 Tulane Avenue #601

General Information

Standard status Active
Size 1,394 SF
Property subtype Commercial
Zoning CBD-3

Site & Location

Neighborhood Central Business District

Units

Unit Mix 1 x 4BR/2BA
Multifamily Units 1

Amenities

rooftop patio
gym
game room
garage parking
24-hour security

Building Details

Building Size 1,394 SF
Year Built 1970
Stories 1
Listing Agency: Cypress Key Realty LLC
Listed By: Christopher Romero
Source: Cypresskeyrealty
Added: Apr 30 Changed: Oct 23 Last Checked: Oct 23 at 5:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cypress Key Realty LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 1111 Tulane Avenue, Unit 601, this 1,394-square-foot condominium combines two units into a four-bedroom, two-bath residence. The 1970-built property has an open layout, high ceilings, contemporary kitchen finishes, stainless steel appliances, and quartz countertops. Short-term rental permits are in place, and the permits are described as transferable. The condominium is part of a professionally managed condotel with hotel licensing.

Building amenities include a rooftop patio with skyline views, a gym, a game room, garage parking, and 24-hour security. The property is zoned CBD-3 and is located in New Orleans, with the Medical District, CBD, and French Quarter nearby.

Key Highlights

  • Two combined units configured as a 4‑bedroom, 2‑bath condominium
  • 1,394 square feet; built in 1970
  • Short‑term rental permits in place and described as transferable

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

11,503
Businesses Nearby

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - A combined two-unit residence offers four bedrooms, two baths, and permits for short-term rental use.
Where is this short term rental property located?
The property is located at 1111 Tulane Avenue #601 New Orleans, LA.
What is the asking price?
The asking price for this property is $594,000.
What are key features of this property?
This property features: Two combined units configured as a 4‑bedroom, 2‑bath condominium; 1,394 square feet; built in 1970; Short‑term rental permits in place and described as transferable
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved