Active Under Contract

1415-17 Alvar Street

New Orleans, LA 70117
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Bed 10

Bed

Bath 4

Bath

SqFt5,040

Sqft

Acres0.11

Acre(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.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $375,000

AD Id : 67001493

MLS Id : 2521758

Beds : 10

Lot Size : 0.11 Acre

Living Area Size : 5,040

Year Built : 1942

County : Orleans

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Full Baths: 4

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1942
    Construction Materials: Cedar
    Stories: 2
    Patio And Porch Features: Balcony, Porch
    Pool Features: None
    Private Pool: No
  • Exterior Features

    Exterior Features: Balcony, Fence, Porch

  • Lot Information

    Lot Dimensions: 40x119 Main Square Feet: 0.1093 Lot Size Acres: 0.1093 Lot Description: City Lot,Oversized Lot

  • Listing Price Information

    Listing Price: $375000
    Original Price: $380000

  • 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

  • Location Information

    Direction: Turn left from St Claude, or right from N Robertson WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2321 23 Chartres Street, New Orleans, LA, 70117 $645,000 4 4 2,348 2,348 SqFt
1025 27 Lamanche Street, New Orleans, LA, 70117 $75,000 4 2 1,560 1,560 SqFt
4021 N Rocheblave Street, New Orleans, LA, 70117 $334,500 6 6 3,000 3,000 SqFt
2613-15 N Prieur Street, New Orleans, LA, 70117 $120,000 4 3 1,610 1,610 SqFt
1941 Port Street, New Orleans, LA, 70117 $110,000 4 2 1,735 1,735 SqFt
1205 Delery Street, New Orleans, LA, 70117 $260,000 3 3 2,004 2,004 SqFt
2017-19 Gallier Street, New Orleans, LA, 70117 $429,000 7 4 3,040 3,040 SqFt
2218 20 N Roman Street, New Orleans, LA, 70117 $249,900 4 3 1,800 1,800 SqFt
716-718 Delery Street, New Orleans, LA, 70117 $205,000 4 2 1,800 1,800 SqFt
2401-03 Feliciana Street, New Orleans, LA, 70117 $349,900 6 2 2,295 2,295 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/07/2026 @ 12:56

MLS: 2521758 LISTED BY: Zachary Russell, REVE, REALTORS 504-300-0700 SOURCE: NOMAR

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