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Raised Duplex with Garage Parking
For Sale
$375,000
Pending

1415-17 ALVAR Street, New Orleans, LA 70117

MULTI_FAMILY - New Orleans, LA

Property Size5,040 SF
Lot Size0.11 Acres
Days on Market344

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
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: Jul 30 Last Checked: Jul 31 at 11:06AM
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.

Move-in ready raised duplex totaling 5,040 square feet, with each side offering 2,520 square feet. The home features gorgeous hardwood floors and central heat and central air. Exterior amenities include a porch and balcony, plus fencing.

Each side has separate utility meters. Parking is provided via garage parking and driveways with off-street access. The roof is approximately 3 years old, and the property is in a preferred flood zone X.

The layout can be kept as-is or, per the current configuration, the downstairs area could be converted to create additional apartment units, resulting in 4 apartments at 1,260 square feet each. Built in 1942 with public water and a shingle roof, this duplex also offers an option to stay flexible with future use.

Key Highlights

  • Raised duplex totaling 5,040 SF with 2,520 SF per side
  • Move‑in ready with hardwood floors and central HVAC
  • 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

Multi-tenant
Tenancy
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 - Raised duplex with separate utility meters, central HVAC, and garage parking, offered move-in ready with a 3-year-old roof.
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: Raised duplex totaling 5,040 SF with 2,520 SF per side; Move‑in ready with hardwood floors and central HVAC; Separate utility meters for each side
More about this property
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