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    1030 Short St New Orleans, LA 70118

    For Sale
    $1,275,000

    Charming 4-unit building near University area with great rental potential.

    Lot size:
    0.10 Acres

    Property Features for 1030 Short St

    General Information

    Interior features
    Interior Feature 1, : "Window Unit", "Interior Feature 2": "Window Unit(s)"
    Exterior features
    exterior_features, : ["Porch", "Shingle"]
    Lot size
    0.10 Acres

    Building Details

    Year built
    1940

    Source: LATTER & BLUM (LATT09) Agent LATTER & BLUM (LATT09)

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Uptown 4-Plex Investment Opportunity

    This well-maintained 4-unit building, originally built in the 1940s, is located in the heart of the highly sought-after University area, just one block off Carrollton Avenue and Oak Street. The property is a short walk to cafes, shopping, and other Uptown amenities. The building features spacious 3-bedroom, 1-bath apartments. Two units are located upstairs, and two are downstairs, providing a mix of rental potential. Each apartment features a flexible dining room or another small bedroom. The location is convenient for student rentals, thanks to its proximity to the university. Each unit has the convenience of a private one-car garage for off-street parking or additional storage. The building has classic architecture, including a grand entrance and a stairway to the upper floor units.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1299443
    Latitude
    29.9456943

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    FAQs

    What type of property is this?
    Quadplex - Charming 4-unit building near University area with great rental potential.
    Where is this quadplex located?
    The property is located at 1030 Short St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Prime location in the highly sought-after University area, one block from Carrollton Avenue and Oak Street.; - Four well-maintained units, offering strong rental income potential.; - Each unit includes a private one-car garage for off-street parking or storage.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1030 Short St New Orleans, LA 70118
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