New Orleans Multifamily Development
1415-17 ALVAR Street, New Orleans, LA 70117
MULTI_FAMILY - New Orleans, LA
Property size:
5,040 SFLot size:
0.11 AcresPrice / SF:
$74/SF- Added:
- Sep 15, 2025
- Days on Market:
- 257
- Last Refresh:
- May 29 at 11:06 pm
Property Features for 1415-17 ALVAR Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Off Street, Garage
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Fence, Porch
- Fencing
- Fenced
- Standard status
- Active
- APN
- 39W310004
- Size
- 5,040 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- SQ 596 LOT B ALVAR 40X119 DBLE 6/RM EA A/R & BASE 1415-17 ALVAR ST SEE E RECORD TAX REDEMPTION
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Zachary Russell (504) 300-0700
Listing office REVE, REALTORS 4827 Prytania St, New Orleans, LA (504) 300-0700
Listing date Sep 15, 2025
MLS# 2521758
Listing URL
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.
HighLights
- Development opportunity to convert downstairs into two additional units, creating a 4‑unit building.
- Existing plumbing, electric, and multiple entry points facilitate downstairs renovation.
- Potential for significant rental income, with HANO payment standards up to $1813/month per unit.
- Located in preferred flood zone X.
- Upstairs units feature hardwood floors, fine craftsmanship, and exceptional maintenance.
- Relatively new roof, installed 3 years ago.
Overview
This large 5040 square foot building is situated in a desirable location. The two upstairs units feature hardwood floors and fine craftsmanship, and have been exceptionally maintained. There is a development opportunity to renovate the downstairs area into separate units, which already have plumbing, electric, and multiple points of entry. This could potentially convert the building into a four-unit property. The roof is 3 years old, and the property is located in flood zone X. If converting to four units, one unit must remain available for someone earning 80% Area Median Income, whereas the other units don't have that requirement. The lot size is 0.1093 acres.
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.035097
- Latitude
- 29.969198
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Large building with renovation potential in a great location.
Where is this quadplex located?
The property is located at 1415-17 ALVAR Street New Orleans, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Development opportunity to convert downstairs into two additional units, creating a 4‑unit building.; Existing plumbing, electric, and multiple entry points facilitate downstairs renovation.; Potential for significant rental income, with HANO payment standards up to $1813/month per unit.
