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10 Beds
4 Baths
5,040 sqft

$375,000

1415-17 ALVAR Street, New Orleans LA, 70117

Price per sqft$74.40
Built in1942
Property size5,040 sqft
Property typeMulti-family
Courtesy of Zachary Russell with REVE, REALTORS

Overview

Active

Listed Oct 2, 2026

Updated 9 days ago

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.

$2,495/mo

Est. mortgage payment based on a $375,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2579862

Interior Features

Bedrooms
10
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listing Contact: (504) 493-9770 

Based on information from the Gulf South Real Estate Information Network as of 10/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 6:02 AM UTC, 10/3/2026

 

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