1415-17 Alvar Street
New Orleans, LA 70117
10
Bed
4
Bath
5,040Sqft
0.11Acre(Lot)
Large 5040 sq ft building in a great location. The two upstairs units have gorgeous hardwood floors, fine craftsmanship, and have been exceptionally maintained. There's a development opportunity to renovate the downstairs into separate units, which already have plumbing, electric, and multiple points of entry. This will turn this two unit building into a 4 unit CASH COW. 3 year old roof, preferred flood zone X. HANO payment standards give up to $1419/m per 2-bedroom unit, or $1813/m per 3-bedroom unit, which may be possible downstairs. If converting to 4 units, one unit must remain available for someone earning 80% Area Median Income, whereas the other units don't have that requirement.
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 10Bathroom Information
Full Baths: 4Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1942Construction Materials: CedarStories: 2Patio And Porch Features: Balcony, PorchPool Features: NonePrivate Pool: No -
Exterior Features
Exterior Features: Balcony, Fence, Porch
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Lot Information
Lot Dimensions: 40x119 Main Square Feet: 0.1093 Lot Size Acres: 0.1093 Lot Description: CityLot,OversizedLot
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Listing Price Information
Listing Price: $375000Original Price: $380000
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Tax Information
Parcel Number: 39W310004 Tax Lot: B Tax Legal Desc: SQ 596 LOT B ALVAR 40X119 DBLE 6/RM EA A/R & BASE 1415-17 ALVAR ST SEE E RECORD TAX REDEMPTION
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Virtual Tour
Parking Information
Garage, OffStreet, ThreeOrMoreSpacesGarage Information
Has Garage: Yes
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Location Information
Direction: Turn left from St Claude, or right from N Robertson WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1025 27 Lamanche Street, New Orleans, LA, 70117 | $65,000 | 4 | 2 | 1,560 | 0.07 Acre |
| 505 Andry Street, New Orleans, LA, 70117 | $220,000 | 3 | 3 | 1,500 | -- |
| 2421 23 Saint Roch Avenue, New Orleans, LA, 70117 | $235,000 | 4 | 2 | 1,850 | -- |
| 4504 06 St Claude Avenue, New Orleans, LA, 70117 | $284,500 | 4 | 2 | 1,566 | -- |
| 1020 22 Gordon Street, New Orleans, LA, 70117 | $149,000 | 4 | 2 | 1,188 | -- |
| 2031 33 Arts Street, New Orleans, LA, 70117 | $175,000 | 6 | 2 | 2,650 | -- |
| 1218 20 Bartholomew Str.., New Orleans, LA, 70117 | $359,000 | 4 | 2 | 1,794 | -- |
| 2433 35 Saint Roch Avenue, New Orleans, LA, 70117 | $320,000 | 5 | 4 | 3,000 | 0.15 Acre |
| 1426 28 Spain Street, New Orleans, LA, 70117 | $114,900 | 4 | 2 | 1,809 | 0.07 Acre |
| 528 Tupelo Street, New Orleans, LA, 70117 | $249,999 | 3 | -- | 1,156 | 0.08 Acre |
Similar Multifamily To 1415-17 Alvar Street
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ByOwner last updated this listing 09/22/2026 @ 01:20
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