1415-17 Alvar Street, New Orleans, LA 70117
Local realty services provided by:ERA Sarver Real Estate, Inc.
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:1 day(s) ago
- Updated:October 02, 2026 at 04:17 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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