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Duplex Property with Approved Plans
For Sale
$129,000

1235 ALVAR Street, New Orleans, LA 70117

Multifamily, New Orleans, LA

Property Size1,742 SF
Lot Size0.08 Acres
Price / SF$74.05
Days on Market481

Property Features for 1235 ALVAR Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
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

Sewer type Public Sewer
Water source Public

Building Details

Year built 1930
Number of units 2
Building materials Wood Siding
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY 4550100
Listed By: Maya V Madison · License #995693263
Added: Jun 30, 2025 Changed: Oct 23 Last Checked: Oct 23 at 8:06PM
MLS# 2509768

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This New Orleans duplex property includes an existing 1,742-square-foot building constructed in 1930. Approved plans outline a proposed 2,276-square-foot layout with a three-bedroom, two-bathroom main unit and a two-bedroom, one-bathroom secondary unit. The property has wood siding, and public water and sewer service are present.

The 0.0847-acre parcel is accompanied by stamped plans, a builder’s package, a survey, and initial and final elevation certificates. These materials support consideration of the proposed configuration while preserving the option to evaluate the existing building separately.

Key Highlights

  • Approved plans propose a 2,276‑square‑foot duplex layout
  • Proposed main unit: 3 bedrooms and 2 bathrooms; secondary unit: 2 bedrooms and 1 bathroom
  • Existing building contains 1,742 square feet and dates to 1930

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Stamped plans, a builder’s package, survey, and elevation certificates are available for the proposed configuration.
Where is this duplex 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: Approved plans propose a 2,276‑square‑foot duplex layout; Proposed main unit: 3 bedrooms and 2 bathrooms; secondary unit: 2 bedrooms and 1 bathroom; Existing building contains 1,742 square feet and dates to 1930
More about this property
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