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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1235 ALVAR Street in New Orleans, LA is listed for $129,000 ($74 per sqft). Built in 1930, the home offers 1,742 sqft of living space on a 0.08 acres lot.

Agent Description

Ready to build or ready to sell - your choice. This prime lot comes with stamped plans, full builder's package, survey, and both initial and final elevation certificates already in hand. The approved plans are optimized for strong resale or rental income, featuring a main unit with 3 bedrooms and 2 bathrooms, plus a secondary unit with 2 bedrooms and 1 bathroom.

The proposed build increases total living area from 1,742 sq ft to 2,276 sq ft. Contact agent for projected ARV. Whether you're looking to build now or prefer to have the current owner deliver a finished product, the numbers make sense either way. Skip the red tape and jump straight into construction or strategy. Serious upside. No guesswork.

Key Features

  • Built in 1930
  • 0.08 acre lot

Property Details

1 story
1930

Monthly Cost Estimate

$690/mo

20% down · 6.5% · 30 years

Principal$93
Interest$559
Insurance$38

Estimates only. Actual payments may vary.

Location

1235 ALVAR Street

New Orleans, LA 70117

Features & Amenities

Exterior Features

Fence

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1235 ALVAR Street is listed at $129,000 ($74/sqft). The estimated monthly payment is $559 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.08 acre lot. Exterior Features: Fence.

This property is listed by Maya Madison and can be reached at (504) 669-8822 or merrymaison@kw.com.

MM

Maya Madison

Agent at KELLER WILLIAMS REALTY 455-0100

(504) 669-8822

Listed by KELLER WILLIAMS REALTY 455-0100 · View on Broker Site

MLS# 2509768· Source: listhub· Updated 336 days ago

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.

1235 ALVAR Street, New Orleans, LA 70117

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