4602 FRANKLIN Avenue, New Orleans, LA 70122
Gentilly Terrace · Orleans County
Key Facts
Description
Opportunity Awaits in Historic Gentilly Terrace! This home presents a unique chance to restore a once-stunning property to its former glory. Situated on an oversized corner lot, this residence is a blank canvas ready for its next chapter. Property Highlights: Prime Location: Located in the heart of Gentilly Terrace, a neighborhood experiencing its second renaissance. Enjoy the benefits of tree-lined streets, quick access to top schools, shopping, grocery stores, the New Orleans lakefront, and multiple interstate access points. A Gardener's Dream: The expansive grounds, once a showcase of manicured landscaping, are framed by majestic towering pines, oaks, and crepe myrtle trees. The soil is fertile and ready to nurture a new generation of family favorite flowering plants. Endless Potential: This home, a former showcase property, now requires a full renovation. It is being sold "as is" and offers a rare opportunity for a buyer with vision to create their dream home from the ground up in a highly desirable neighborhood. This is a motivated seller. All reasonable offers will be considered. Don't miss this chance to invest in one of New Orleans' most charming and sought-after neighborhoods.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Split Level
Year Built
1930
Living Area
3,094 sq ft
Lot Size
0.29 acres
Lot Dimensions
100x128
Parking Spaces
2
Days on Market
210
MLS® Listing#
2525436
Property Features
Appliances
Cooling
Heating
Fireplace
Pool
Parking
Patio
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Rooms
- Bedroom10'11" x 15'10"Second
- Bedroom14'11" x 15'10"Second
- Den18'.5" x 14'11"First
- Dining Room12'11" x 22'First
- Game Room18'5" x 11'First
- Kitchen16' x 10'First
- Laundry13 x 6First
- Living Room12'3" x 11'3"First
- Master Bathroom7'9" x 9'.7"First
- Master Bedroom12'7" x 16First
Financial Details
HOA
None
Parcel Number
38W402301
Directions
From I10 take Franklin Ave Exit and go North to 4602 Franklin. First block past Gentilly Blvd on your left.
Affordability Calculator
$59,800
Estimated monthly payment
$1,591/mo
Principal $239,200 · Est. interest $333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Orleans, LA
- $342,066
- Median Listing Price
- 94
- Median Days on Market
- 1,824
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 2,635
- Active Listings
- This home’s price is 13% below the area median.
- Its price per sq ft is 49% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Orleans, LA.
Location
Points of Interest in New Orleans, LA
Showing the New Orleans area map.
Nearby Schools
Audubon Charter School - Gentilly
Elementary · 0.2 mi away
Milestone Academy
School · 0.2 mi away
Robert Russa Moton Charter School
Secondary · 0.2 mi away
Brother Martin Junior High School
Secondary · 0.5 mi away
State of Louisiana Recovery School District Charter Schools
Elementary · 0.5 mi away
Mary D. Coghill Elementary School
Elementary · 0.9 mi away
Crescent Leadership Academy
School · 0.9 mi away
Stuart R Bradley School
Elementary · 0.9 mi away
Bethune Elementary Charter School
Elementary · 0.9 mi away
St Benedict the Moor School
School · 0.9 mi away
Pierre A Capdau Charter School
School · 1.0 mi away
George Washington Carver High School
Secondary · 1.1 mi away
The Net Charter High School: Gentilly
Secondary · 1.5 mi away
The Good Shepherd School
Secondary · 1.6 mi away
Benjamin Franklin High School
Secondary · 1.6 mi away
Arthur Ashe Charter School
Elementary · 1.7 mi away
Holy Cross School
Secondary · 1.7 mi away
Lake Area New Tech Early College High School
Secondary School · 1.8 mi away
John F. Kennedy High School
Secondary · 1.8 mi away
Medard H Nelson Charter School
Secondary · 1.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2414 URSULINE Avenue, New Orleans, LA | $209,900 | 3 | 2 | 1,291 |
| 1325 CHARBONNET Street, New Orleans, LA | $209,900 | 3 | 2 | 1,500 |
| 3427 HUNTLEE Drive, New Orleans, LA | $209,900 | 3 | 2 | 1,440 |
| 1337 CHARBONNET Street, New Orleans, LA | $209,900 | 3 | 2 | 1,500 |
| 3309 4TH Street, New Orleans, LA | $210,000 | 4 | — | 1,590 |
| 922 ELYSIAN FIELDS Avenue C, New Orleans, LA | $210,000 | 2 | 1 | 863 |
Moving Cost Estimate
EXIT Agents in New Orleans
Listing Courtesy: R. J. Brent & Associates Company, Inc. - 5044555411