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Residential Lot with Approved Plans
For Sale
$129,000

1235 ALVAR Street, New Orleans, LA 70117

MULTI_FAMILY - New Orleans, LA

Property Size1,742 SF
Lot Size0.08 Acres
Price / SF$74.05
Days on Market401

Property Features for 1235 ALVAR Street

General Information

Property type Residential Multi Family
Property subtype Other
Exterior features Fence
Fencing Fenced
Lot features Regular
Standard status Active
APN 39W302612
Size 1,742 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description SQ 473 LOT 10 ALVAR 31X119 DBLE 11/RM S/R 1235-37 ALVAR ST
Legal Description SQ 473 LOT 10 ALVAR 31X119 DBLE 11/RM S/R 1235-37 ALVAR ST

Utilities

Water source Public

Building Details

Year built 1930
Floors in Building 1
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY 455-0100
Listed By: Maya Madison · License #995693263
Added: Jun 30, 2025 Changed: May 14 Last Checked: Aug 4 at 10:06AM
MLS# 2509768

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 residential lot includes stamped plans, a builder's package, a survey, and elevation certificates. The approved plans are designed to maximize resale or rental income, featuring a main unit with 3 bedrooms and 2 bathrooms, plus a secondary unit with 2 bedrooms and 1 bathroom. The proposed build increases the total living area from 1,742 square feet to 2,276 square feet. Located in New Orleans, Louisiana, this 0.0847-acre lot offers the option to build immediately or have the current owner deliver a finished product.

Key Highlights

  • Ready to build: Stamped plans, builder's package, and survey included.
  • Approved plans for a main unit (3 bed/2 bath) and a secondary unit (2 bed/1 bath).
  • Potential for strong resale or rental income.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Skin Care Clinic Bakery Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Prime lot with stamped plans for immediate construction or resale.
Where is this residential land & home lot located?
The property is located at 1235 ALVAR Street New Orleans, LA.
What is the asking price?
The asking price for this property is $129,000.
What are key features of this property?
This property features: Ready to build: Stamped plans, builder's package, and survey included.; Approved plans for a main unit (3 bed/2 bath) and a secondary unit (2 bed/1 bath).; Potential for strong resale or rental income.
More about this property
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