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Raised-Basement Duplex
For Sale
$375,000
Pending

1415-17 ALVAR Street, New Orleans, LA 70117

Multi-Family, Raised Basement, New Orleans, LA

Property Size5,040 SF
Lot Size0.11 Acres
Days on Market379

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
Lot features Oversized
Subdivision St. Claude
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
Legal 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 2
Roof type Shingle
Architectural style Other
Listing Agency: REVE, REALTORS
Listed By: Zachary Russell
Added: Aug 22, 2025 Changed: Aug 26 Last Checked: Sep 4 at 6:06PM
MLS# 2517852

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 raised-basement duplex at 1415-17 Alvar Street contains 5,040 square feet, with each side offering 2,520 square feet. The property features hardwood flooring, a shingle roof, central heating and cooling, porches, balconies, fencing, and garage plus off-street parking. Separate utility meters serve the two sides.

Built in 1942, the property sits on a 0.1093-acre lot in New Orleans. Public water serves the residence, and the site is identified as being in preferred Flood Zone X. The roof is 3 years old.

Key Highlights

  • 5,040 SF raised‑basement duplex with two 2,520 SF sides
  • 0.1093‑acre lot at 1415‑17 Alvar Street, New Orleans, LA 70117
  • Separate utility meters for each side

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Parking Lot & Garage Bakery Real Estate Agency Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

914
Businesses Nearby

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit residence with separate utility metering, garage parking, hardwood floors, and central HVAC.
Where is this duplex 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: 5,040 SF raised‑basement duplex with two 2,520 SF sides; 0.1093‑acre lot at 1415‑17 Alvar Street, New Orleans, LA 70117; Separate utility meters for each side
More about this property
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