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    1235 Alvar St New Orleans, LA 70117

    For Sale
    $149,000

    Traditional, Duplex - New Orleans, LA

    Type:Duplex
    Property size:
    1,742 SF
    Lot size:
    0.08 Acres
    Days on Market:
    168
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 1235 Alvar St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    EntryLevel
    1
    Exterior features
    Fence
    Fencing
    Fenced
    Size
    1,742 SF
    Lot size
    0.08 Acres

    Building Details

    Floors in Building
    1
    Number of units
    2
    Building materials
    Wood Siding
    Roof type
    Shingle
    Architectural style
    New Traditional

    Keller Williams Realty 455-0100 (504) 669-8822 [email protected]

    Listing agent Maya Madison (504) 455-0100

    Listing date Jun 30, 2025

    MLS# 2509768 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ready-to-Build Duplex Opportunity

    This property presents an opportunity for either immediate construction or future resale. The lot includes stamped plans, a builder’s package, a survey, and elevation certificates. The approved plans are designed to maximize resale value or rental income, featuring a main unit with 3 bedrooms and 2 bathrooms, and a secondary unit with 2 bedrooms and 1 bathroom. The proposed construction increases the total living area from the existing 1,742 square feet to 2,276 square feet. Situated on a 0.0847-acre lot in New Orleans, Louisiana, this property offers a streamlined path to development. The existing structure is a duplex, and the intended use is for residential income. Located in Orleans Parish, this property allows for immediate construction or strategic planning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.035734
    Latitude
    29.9675796

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    FAQs

    What type of property is this?
    Duplex - Prime lot with stamped plans for a duplex in New Orleans.
    Where is this duplex located?
    The property is located at 1235 Alvar St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: - Ready-to-build lot with stamped plans and full builder’s package included.; - Approved plans feature a main unit (3 bed/2 bath) and a secondary unit (2 bed/1 bath) for rental income or resale.; - Significant increase in living area to a proposed 2,276 sq ft.
    (504) 455-0100
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    1235 Alvar St New Orleans, LA 70117
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    New Orleans, LA 70117
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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
    1235 Alvar St New Orleans, LA 70117
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