Price Reduction
Address
5116 Franklin Avenue, New Orleans, LA
Price
$ 399,000
Property Attributes
- MLS#2544869
- TypeSingle Family
- Listing Status Active
- CountyORLEANS
- CityNew Orleans
- NeighborhoodGentilly Terrace
- Zip70122
- Style
- Year Built1940
- Price$ 399,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms2
- Sqr Footage2713
- Lot Size0.2204 Acres
Data Source:
Gulf South Real Estate Information Network
Property Description
Step into timeless elegance at 5116 Franklin Avenue, a beautifully maintained home in Gentilly Terrace that blends classic architectural charm with thoughtful modern updates. From the moment you arrive, the manicured landscaping, arched entryways, and wrought-iron details set the tone for a property that has been truly cared for. Inside, rich hardwood floors, ornate columns, and a sparkling crystal chandelier create a warm, inviting atmosphere. This unique four-bedroom, 2 ½ bath Spanish-style tri-level home sits on a generous 75’ wide lot, exuding charm and character. The spacious layout offers multiple living and dining areas, great for both everyday comfort and entertainment. Outdoors, enjoy a raised deck with sleek metal railings, a private backyard shaded by large trees, and a versatile second unit possible mother-in-law or extended family living and/or entertaining. The second unit offers a bath and a half. This is a rare opportunity to own a home that offers character, functionality, and curb appeal in equal measures.
| Price History | |
|---|---|
| 3/3/2026 | Listed $425,000 |
| 8/7/2026 | 7$399,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Roof | Other |
| Patio/Porch Features | Concrete,Covered,Patio,Porch |
| Architectural Style | Other |
| Pool Features | None |
| Construction Materials | Stucco |
| Year Built | 1940 |
| Stories Count | 3 |
| Levels | Three Or More |
| Property Subtype | Detached |
| County | Orleans |
| Property Type | Residential |
| Subdivision Name | Gentilly Terrace |
| Other Structures | Apartment,Guest House,Other |
| Total Rooms | 11 |
| Full Baths | 3 |
| Status | Active |
| Directions | Gentilly or Filmore to Franklin Avenue |
| City | New Orleans |
| Carport Y/N | Yes |
| Year Built Details | Totally renovated 2005. |
| Property Condition | Very Good Condition |
| Standard Status | Active |
| Tax Lot | 4 - 6 |
| Property Sub Type Additional | Detached,Single Family Residence |
| PostalCity | New Orleans |
| Legal Description | GENTILLY TERRACE SQ 70 LOTS 4 THRU 6 FRANKLIN 25X128 EA 2/STORY STUCCO/SGLE 12/RM C/PORT GARAGE T/R |
Interior Features
| Interior Amenities | Ceiling Fan(s),Carbon Monoxide Detector,Granite Counters,Stainless Steel Appliances,Cable TV |
|---|---|
| Fireplace Features | None |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Half Baths | 2 |
| Laundry Features | Washer Hookup,Dryer Hookup |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
Exterior Features
| Exterior Amenities | Fence,Porch,Patio |
|---|---|
| Parking Features | Carport,Three or more Spaces |
| Lot Features | City Lot,Oversized Lot,Rectangular Lot |
| Water Source | Public |
| Lot Size Area | 0.2204 |
| Foundation Details | Raised |
| Building Area Total | 2900 |
| Lot Dimensions | 75 X 128 |
| Lot Size Acres | 0.2204 |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| Bathroom | First | Tile | ||
| Bathroom | Tile | |||
| Bedroom | Wood | |||
| Bedroom | Wood | |||
| Bedroom | Wood | |||
| Den | First | Tile | ||
| Dining Room | First | Wood | ||
| Kitchen | First | Tile | ||
| Laundry | First | Tile | ||
| Living Room | First | Wood | ||
| Primary Bedroom | 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
Property vs Single Family Average in 70122
Price
Year Built
Visits
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- Type
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- Size
- 2,416 SqFt
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- Size
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$ 145,000
4808 Kendall Drive
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- Size
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4431 Eastern Street
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- Size
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- Rooms
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Open House
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$ 299,900
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- Type
- Single Family
- Size
- 2,150 SqFt
- Rooms
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Reduced
New Orleans
$ 299,000
4602 Franklin Avenue
New Orleans, LA 70122
- Type
- Single Family
- Size
- 2,529 SqFt
- Rooms
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