New Orleans Multifamily Development
1415-17 ALVAR Street New Orleans, LA 70117
1415-17 ALVAR Street, New Orleans, LA, 70117
$375,000
Pending
For Sale
$375,000
Pending
MULTI_FAMILY - New Orleans, LA
Property Size5,040 SF
Lot Size0.11 Acres
Days on Market306
Property Features for 1415-17 ALVAR Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage, Off Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony, Fence, Porch
- Fencing
- Fenced
- Standard status
- Pending
- 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 Agency
REVE, REALTORS
(504) 300-0700
4827 Prytania St, New Orleans, LA
Listed by
Zachary Russell
(504) 300-0700
Added: Sep 15, 2025 Checked: Jul 17 at 11:06 am
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Large 5,040 sq ft building with potential to renovate the downstairs into separate units
- Two upstairs units feature hardwood floors and have been exceptionally maintained
- Downstairs has plumbing, electric, and multiple points of entry for conversion into additional units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
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: Large 5,040 sq ft building with potential to renovate the downstairs into separate units; Two upstairs units feature hardwood floors and have been exceptionally maintained; Downstairs has plumbing, electric, and multiple points of entry for conversion into additional units
