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1415-17 Alvar Street New Orleans, LA $ 380,000
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$ 380,000 Get more info
1415-17 Alvar Street
$ 380,000
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1415-17 Alvar Street

New Orleans, LA, 70117
$ 380,000
Bedrooms10 Baths4.0 Sq 5,040

Monthly Estimate*

$ 2,371

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Multi-Family Home for sale in New Orleans, LA

for $380,000 with 10 bedrooms and 4 full baths. This 5,040 square foot home was built in 1942 on a lot size of 0.1093.

Large 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, electric, 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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Multi-Family Active

Price

$ 380,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.1093

Year Built

1942

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2521758
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Patio/Porch Features Balcony Porch
Pool Features None
Construction Materials Cedar
Year Built 1942
Tenant Pays Electricity Gas Water
Stories Count 2
Levels Two
Property Subtype Quadruplex
County Orleans
Property Type Residential Income
Garage Y/N 1
Total Rooms 0
Full Baths 4
Status Active
Directions Turn left from St Claude or right from N Robertson
City New Orleans
Number Of Units Total 4
Home Warranty Y/N 0
Property Condition Very Good Condition
Virtual Tour https://youtu.be/HPfnn-HHsuc?feature=shared
Standard Status Active
Tax Lot B
Property Sub Type Additional Quadruplex
Legal Description SQ 596 LOT B ALVAR 40X119 DBLE 6/RM EA A/R & BASE 1415-17 ALVAR ST SEE E RECORD TAX REDEMPTION
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Exterior
Exterior Amenities Balcony Fence Porch
Parking Features Garage Off Street Three or more Spaces
Lot Features City Lot Oversized Lot
Water Source Public
Lot Size Area 0.1093
Foundation Details Raised
Lot Dimensions 40x119
Lot Size Acres 0.1093
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 10
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* Excluded Features
List By
Reve, Realtors

Broker

zachary@reverealtors.com

Email

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$2,371
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Monthly Principal & Interest
$2,371
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/15/2025$380,000 Listed Price

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1415-17 Alvar Street, New Orleans, LA, 70117 is a Multi-Family Home for sale at $380,000 with 5,040 sqft and a lot size of 0.1093. 1415-17 Alvar Street has 10 bedrooms, 4.0 baths, and was built in 1942. The property's zip code is 70117 which is in New Orleans, LA

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