4602 Franklin Avenue

New Orleans, LA
$ 299,000 Beds 3 Baths 2 Sq 2,529
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 299,000
  • City
  • New Orleans
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • ORLEANS
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.2938 Acres
  • Zip
  • 70122
  • Sqr Footage
  • 2,529
  • Year Built
  • 1930
  • Style
  • Split Level
  • MLS#
  • 2525436
Listed By: Janet Maumus with R. J. Brent & Associates Company, Inc. - (504) 455-5411
Data Source: Gulf South Real Estate Information Network

Features

General

Sewer Public Sewer
Heating Central
Cooling 2 Units,Window Unit(s)
Roof Shingle
Appliances Dryer,Oven,Range,Refrigerator,Washer
Patio/Porch Features None
Architectural Style Split Level
Pool Features None
Construction Materials Stucco
Year Built 1930
Stories Count 2
Levels Two,Multi/Split
Property Subtype Detached
County Orleans
Property Type Residential
Subdivision Name Gentilly Terrace
Garage Y/N Yes
Total Rooms 10
Full Baths 2
Status Active
Directions From I10 take Franklin Ave Exit and go North to 4602 Franklin. First block past Gentilly Blvd on your left.
City New Orleans
Year Built Details All original. Incomplete repairs from Katrina.
Property Condition Average Condition
Standard Status Active
Tax Lot 1-4
Property Sub Type Additional Detached,Single Family Residence
PostalCity New Orleans
Legal Description GENTILLY TERRACE SQ 21 LOTS 1 THRU 4 FRANKLIN AND LOMBARD 100 X 128 HI-LO SGLE/FR 10/RM GARAGE A/R

Interior Features

Interior Amenities Attic
Fireplace Features None
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Bedrooms 3
LivingAreaSource Assessor

Exterior Features

Parking Features Garage,Off Street,Two Spaces
Lot Features Corner Lot,City Lot
Water Source Public
Lot Size Area 0.2938
Foundation Details Raised,Slab
Building Area Total 3094
Lot Dimensions 100x128
Lot Size Acres 0.2938

Room Details

Bedroom # 2 Second Wood
Bedroom Second Wood
Den First Other
Dining Room First Wood
Game Room First Tile
Kitchen First Linoleum
Laundry First Linoleum
Living Room First Wood
Primary Bathroom First Tile
Primary Bedroom First Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Madisonville, LA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/20/2025 Listed $340,000
6/18/2026 13% - $299,000

Property vs Zip Code Average in 70122

Price
AVG $340K
$300K
Year Built
AVG 1979
1930
Visits
AVG 71
279
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

4602 Franklin Avenue New Orleans, LA is a Single Family Home for sale at $299000 with 2529 sqft and a lot size of 0.2938 Acres Acre(s). 4602 Franklin Avenue New Orleans has 3 bedrooms, 2 baths and was built in 1930. The property's zip code is 70122 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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