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:
- 225
- Last Refresh:
- Apr 27 at 10:06 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
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.
Overview
New Orleans Multifamily Development Opportunity
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
Insight Report
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.
