1415-17 Alvar Street, New Orleans, LA 70117

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1415-17 Alvar Street,New Orleans, LA 70117
$375,000
  • 10 Beds
  • 4 Baths
  • 5,040 sq. ft.
  • Multi-family
  • Active
Listed by: zachary russell
Office: reve, realtors
MLS#:2579862
Source:LA_GSREIN

Price summary

  • Price:$375,000
  • Price per sq. ft.:$74.4

About this home

Extremely well built 5040 sq ft building in a great location. The two upstairs units have gorgeous hardwood floors, fine craftsmanship, and have been exceptionally maintained. There's a development opportunity to renovate the downstairs into separate units, which already have plumbing, electrical, and multiple points of entry. This will turn this two unit building into a 4 unit CASH COW. 3 year old roof, preferred flood zone X. HANO payment standards give up to $1419/m per 2-bedroom unit, or $1813/m per 3-bedroom unit, which may be possible downstairs. If converting to 4 units, one unit must remain available for someone earning 80% Area Median Income, whereas the other units don't have that requirement.

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Home facts

  • Year built:1942
  • Listing ID #:2579862
  • Added:8 day(s) ago
  • Updated:October 10, 2026 at 03:31 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:5,040 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1942
  • Building area:5,040 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:City Lot, Oversized Lot
  • Construction Materials:Cedar
  • Exterior Features:Balcony, Fence, Porch
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$74.4

Parking

  • Parking description:Garage, Off Street, Three or more Spaces

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