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Owner finance

$323,000

1213-15 Alvar St

New Orleans, LA 70117

Beds4
Baths2
Sq ft1,728
Year built1956
Rent estimate$1,702/mo
Listed by

Kathryn Wilson, Snap Realty · (504) 920-5711

What the listing says

Total Renovation in 2025, this all-brick Bywater duplex offers two 2-bedroom, 1-bath units with private bedrooms, off-street parking, and classic New Orleans character. The vacant upper unit provides owner-occupant or leasing flexibility, while the lower unit generates passive income. Features include new plumbing and electrical, split-system HVAC, separate electric meters, a shared water meter, a termite contract, and Flood Zone X designation. Convenient to dining, music venues, public transit, the French Quarter, and Interstate access. Owner Financing Possibility. Please do not disturb tenants.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Multi-Family

Lot Size

3,689.532 sq ft

HOA

None

More owner-financed homes near New Orleans

Questions about owner financing in New Orleans

What is owner financing for 1213-15 Alvar St?

Owner financing means the seller of 1213-15 Alvar St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this New Orleans, LA home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this New Orleans home?

There is no standard down payment. The seller of this New Orleans home sets their own, and it is negotiable. Ask the seller or their agent.

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