Active Under Contract
Single family home for sale at 5116 Franklin Ave, New Orleans, LA 70122 | MLS# 2576438 | Listing updated on 2026-09-11
Photo 1 of Single family home for sale at 5116 Franklin Ave, New Orleans, LA 70122 | MLS# 2576438 | Listing updated on 2026-09-11
Photo 2 of Single family home for sale at 5116 Franklin Ave, New Orleans, LA 70122 | MLS# 2576438 | Listing updated on 2026-09-11
Photo 3 of Single family home for sale at 5116 Franklin Ave, New Orleans, LA 70122 | MLS# 2576438 | Listing updated on 2026-09-11
Photo 4 of Single family home for sale at 5116 Franklin Ave, New Orleans, LA 70122 | MLS# 2576438 | Listing updated on 2026-09-11
25+
Beds Icon

Street View

$399,000

Monthly Est:$1,986

  • Beds Icon4 Beds
  • Beds Icon
    5 Baths
  • Beds Icon2,713sqft

5116 Franklin Ave, New Orleans, LA 70122

$1,986/moEst:

Get Pre-Approved

  • Single Family Residence

  • Built in 1940

  • $-- HOA

  • 9,600.62 sqft lot

  • $147/sq.ft

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.

  • Houzeo last checked: 13 minutes ago
  • Listing updated: September 11, 2026 at 2:33 pm
  • Listing Provided by: Myrna Keys (504) 473-3426 | RE/MAX Affiliates (504) 834-3221
  • Source: New Orleans Metropolitan AOR (NOMAR) MLS-LA | MLS#: 2576438 New Orleans Metropolitan AOR (NOMAR) MLS-LA

Property Details

  • Status

    Active Under Contract

  • Type

    Single Family Residence

  • No. of Stories

    3

  • County

    Orleans County

  • City

    New Orleans

  • Neighborhood

    Gentilly Terrace

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    2,713 sqft

  • Lot Size

    9,600.62 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    New Orleans Metropolitan AOR (NOMAR) MLS

  • MLS Number

    2576438

  • MLS Status

    ActiveUnderContract

  • Days on Market

    30

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 5

  • Bathroom

    Level: First

    Area: 25.35 Square Feet

    Dimensions: 3.9 X 6.5 X 8

  • Laundry

    Level: First

    Area: 90.00 Square Feet

    Dimensions: 10 X 9

  • Den

    Level: First

    Area: 252.70 Square Feet

    Dimensions: 13.3 X 19

  • Kitchen

    Level: First

    Area: 176.00 Square Feet

    Dimensions: 17.6 X 10

  • DiningRoom

    Level: First

    Area: 254.88 Square Feet

    Dimensions: 17.7 X 14.4

  • LivingRoom

    Level: First

    Area: 298.20 Square Feet

    Dimensions: 21.3 X 14

Interior

  • Sewer

    Public Sewer

  • Cooling

    Central Air

  • Exterior Features

    Fence, Porch, Patio

  • Heating

    Central

  • Interior Features

    Ceiling Fans, Carbon Monoxide Detector, Granite Counters, Stainless Steel Appliances, Cable Tv

Construction

  • Year Built

    Year Built: 1940

  • Home type

    Single Family Residence

  • Construction Materials

    Stucco

  • Architectural Style

    Other

  • Property Condition

    Very Good Condition

  • Roof

    Other

  • Foundation Details

    Raised

Utilities & Energy

  • Pool Features

    None

  • Parking Features

    Carport, Three Or More Spaces

  • Water Source

    Public

  • Fireplace Features

    None

  • Laundry Features

    Washer Hookup, Dryer Hookup

Other Features

  • Patio And Porch Features

    Concrete, Covered, Patio, Porch

  • Community Features

    Public Transportation

  • Subdivision Name

    Gentilly Terrace

  • Lot Features

    City Lot, Oversized Lot, Rectangular Lot

Price History

DateEventPrice

09/11/2026

Source: mls_logoNew Orleans Metropolitan AOR (NOMAR) MLS-LA #2576438

Contingent (Active Under Contract)

$399,000

$147/sqft

08/07/2026

Source: mls_logoNew Orleans Metropolitan AOR (NOMAR) MLS-LA #2544869

Off Market

$399,000 -12.31%

$147/sqft

12/01/2025

Source: mls_logoREALTOR® Association of Acadiana (Lafayette) MLS-LA #NO2482981

Listing Removed

$455,000

$168/sqft

09/23/2025

Source: mls_logoNew Orleans Metropolitan AOR (NOMAR) MLS-LA #2482981

Off Market

$455,000

$168/sqft

05/05/2025

Source: mls_logoREALTOR® Association of Acadiana (Lafayette) MLS-LA #NO2482981

Listed for Sale

$455,000

$168/sqft

Gentilly Terrace Ranks #80 in New Orleans, LA

Homes for sale
50

Homes

Rental prices
$1,168

Rental Prices

Median Home Price
$237K

Median Home Price

Gentilly Terrace, New Orleans, LA neighborhood guide

Nearby Homes

Based on information from the ROAM MLS through Oct 09, 2026, 11:15AM. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 ROAM MLS. All Rights Reserved.

Advertising Broker: Jared Andrew English | Congress Realty, Inc