1415-17 Alvar Street
New Orleans, LA 70117
10
Bed
4
Bath
5,040Sqft
0.11Acre(Lot)
Extremely well built 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, electrical, 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
What's Nearby
Nearby Areas
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: $375000
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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 |
|---|---|---|---|---|---|
| 2425-27 Franklin Avenue, New Orleans, LA, 70117 | $419,000 | 6 | -- | 2,745 | -- |
| 1914 Elysian Fields Ave.., New Orleans, LA, 70117 | $350,000 | 4 | 4 | 2,873 | 0.09 Acre |
| 2809 11 Law Street, New Orleans, LA, 70117 | $270,000 | 6 | 4 | 2,510 | -- |
| 2816-18 Comus Court, New Orleans, LA, 70117 | $169,000 | 2 | 2 | 1,175 | -- |
| 1209 11 Poland Avenue, New Orleans, LA, 70117 | $180,000 | 4 | 2 | 2,256 | 0.15 Acre |
| 4217 N Johnson Street, New Orleans, LA, 70117 | $249,900 | 6 | 4 | 904 | -- |
| 1925 Alabo Street, New Orleans, LA, 70117 | $349,000 | 6 | 2 | 2,398 | 0.08 Acre |
| 2231 Franklin Avenue, New Orleans, LA, 70117 | $269,000 | 5 | 4 | 2,160 | 0.09 Acre |
| 4105 07 St Claude Avenue, New Orleans, LA, 70117 | $299,000 | 4 | 2 | 1,680 | 0.08 Acre |
| 5228 North Rampart Street, New Orleans, LA, 70117 | $340,000 | 8 | 4 | 3,080 | -- |
Similar Multifamily To 1415-17 Alvar Street
Nearby For Sale
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ByOwner last updated this listing 10/05/2026 @ 11:06
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