Corner Lot Mixed-Use
1700 SHORT Street New Orleans, LA 70118
1700 SHORT Street, New Orleans, LA, 70118
$295,000
For Sale
$295,000
MULTI_FAMILY - New Orleans, LA
Property Size1,636 SF
Lot Size0.07 Acres
Price / SF$180.32
Days on Market65
Property Features for 1700 SHORT Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Exterior features
- Fence
- Fencing
- Fenced
- Standard status
- Active
- APN
- 716207715
- Size
- 1,636 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- SQ 224 FRONT LOT 10 GREEN AND SHORT 30 X 99 8003 GREEN-1700 SHORT
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1923
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Century 21 J. Carter & Company
(504) 810-2825
Listed by
Alex DeRojas
(504) 810-2825
Added: May 18 Updated: Jun 9 at 2:30PM Checked: Jul 21 at 6:06PM
MLS# 2558784
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located on a prime corner lot, this mixed-use duplex at 1700 Short St and 8003 Green St offers an opportunity with two addresses on one site. The 1700 Short St unit includes a 2-bedroom, 1-bath layout with granite countertops, no carpet, and an in-unit washer and dryer, providing practical, tenant-friendly everyday functionality.
The property benefits from a strong nearby lifestyle and transportation draw, positioned just one block from the Carrollton streetcar line. It is also described as convenient to local restaurants, universities, and public transit, supporting tenant demand from households that value access to daily amenities and connections around the area.
From an investment perspective, this configuration is well suited for buyers seeking a rental property with in-unit laundry and durable finishes in a compact, manageable duplex format. The corner-lot positioning and proximity to transit can also support leasing interest, particularly for tenants who prefer walkable access to employment, schools, and neighborhood conveniences.
The property benefits from a strong nearby lifestyle and transportation draw, positioned just one block from the Carrollton streetcar line. It is also described as convenient to local restaurants, universities, and public transit, supporting tenant demand from households that value access to daily amenities and connections around the area.
From an investment perspective, this configuration is well suited for buyers seeking a rental property with in-unit laundry and durable finishes in a compact, manageable duplex format. The corner-lot positioning and proximity to transit can also support leasing interest, particularly for tenants who prefer walkable access to employment, schools, and neighborhood conveniences.
Key Highlights
- Mixed‑use property on a corner lot at 1700 Short St / 8003 Green St, one block from the Carrollton streetcar line
- Residential unit offers 2 bedrooms and 1 bathroom
- Kitchen features granite countertops, with no carpet in the unit
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.1k | $23.28 |
| − Vacancy | −$3.5k | −$2.12 |
| EGI | $34.6k | $21.16 |
| − OpEx | −$15.6k | −$9.52 |
| NOI | $19.0k | $11.64 |
1,636 SF · lease $23.28/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$272.0K
$238.0K – $317.4K
NOI $19,041 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.8K
$363.8K – $485.1K
NOI $29,107 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Well-positioned corner duplex with an updated 2-bedroom unit and in-unit laundry, ideal for rental-focused investors.
Where is this single family property located?
The property is located at 1700 SHORT Street New Orleans, LA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Mixed‑use property on a corner lot at 1700 Short St / 8003 Green St, one block from the Carrollton streetcar line; Residential unit offers 2 bedrooms and 1 bathroom; Kitchen features granite countertops, with no carpet in the unit