Discover an excellent investment opportunity in the highly desirable Gentilly Terrace neighborhood. This well-maintained duplex offers reliable, stable rental income and the potential to grow your portfolio with a property that’s already performing or suited for owner-occupier.
Each unit features three bedrooms, comfortable living spaces, and classic Gentilly charm.
Located in one of New Orleans’ favorite residential communities, this property provides easy access to UNO, Dillard University, City Park, and major transit routes.
Active
Price cut: $29.5K (5/15)
$349,500
4488 Lafaye St, New Orleans, LA 70122
6beds
3,367sqft
Duplex, Multi Family, Multi Family
Built in 1945
-- sqft lot
$341,300 Zestimate®
$104/sqft
$-- HOA
What's special
Classic gentilly charmComfortable living spacesThree bedrooms
- 219 days |
- 215 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Brandon Hartenstein 832-270-5927,
Oak Tree Realty, LLC 504-232-0141
Source: GSREIN,MLS#: 2534165
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Description: Flooring: Engineered Hardwood
- Dimensions: 17x23
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 12x12
Bedroom
- Description: Flooring: Wood
- Level: Second
- Dimensions: 12x12
Primary bathroom
- Description: Flooring: Tile
- Level: First
- Dimensions: 12x8
Bathroom
- Description: Flooring: Tile
- Level: Second
- Dimensions: 6x9
Dining room
- Description: Flooring: Wood
- Level: First
- Dimensions: 12x13
Kitchen
- Description: Flooring: Wood
- Level: First
- Dimensions: 9x13
Living room
- Description: Flooring: Wood
- Level: First
- Dimensions: 12x13
Office
- Description: Flooring: Carpet
- Level: First
- Dimensions: 12x6
Heating
- Window Unit
Cooling
- Window Unit(s)
Appliances
- Laundry: In Unit
Interior area
- Total interior livable area: 3,367 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Exterior features: Porch
Lot
- Size: 5,998 Square Feet
- Dimensions: 50 x 120
- Features: Corner Lot, City Lot
Details
- Parcel number: 38W401213
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Other
- Foundation: Raised
- Roof: Shingle
Condition
- Very Good Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New Orleans
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $294,900
- Annual tax amount: $3,892
- Date on market: 12/6/2025
- Tenant pays: Electricity, Gas, Water
Estimated market value
$341,300
$324,000 - $358,000
$3,216/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $349,500-7.8%$104/sqft |
Source:  GSREIN #2534165 Report a problem | ||
| 1/18/2026 | Price change | $379,000-5%$113/sqft |
Source: GSREIN #2534165 Report a problem | ||
| 12/14/2025 | Listed for sale | $399,000$119/sqft |
Source: GSREIN #2534165 Report a problem | ||
| 11/1/2025 | Listing removed | $1,695$1/sqft |
Source: GSREIN #2524523 Report a problem | ||
| 10/24/2025 | Price change | $1,695-3.1%$1/sqft |
Source: GSREIN #2524523 Report a problem | ||
| 10/4/2025 | Listed for rent | $1,750$1/sqft |
Source: GSREIN #2524523 Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: GSREIN #2413688 Report a problem | ||
| 9/16/2023 | Listed for rent | $1,750$1/sqft |
Source: GSREIN #2413688 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,892 | $29,490 |
| 2025 | $3,892 -1.5% | $29,490 |
| 2024 | $3,951 +10.2% | $29,490 +19.8% |
| 2023 | $3,586 +8.3% | $24,610 +4.6% |
| 2022 | $3,311 -6.5% | $23,530 -4.4% |
| 2021 | $3,543 | $24,610 |
| 2020 | -- | $24,610 +4.7% |
| 2019 | $3,550 | $23,500 |
| 2018 | $3,550 | $23,500 |
| 2017 | $3,550 -1.9% | $23,500 |
| 2016 | $3,621 +1.5% | $23,500 |
| 2015 | $3,567 | $23,500 +16.3% |
| 2014 | $3,567 +2.1% | $20,210 |
| 2013 | $3,494 | $20,210 -13.4% |
| 2012 | -- | $23,340 |
| 2011 | -- | $23,340 |
| 2010 | -- | $23,340 -6.6% |
| 2009 | -- | $25,000 -17.1% |
| 2007 | -- | $30,150 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Gentilly Terrace
Nearby schools
GreatSchools rating
- 8/10Mary McLeod Bethune Elementary School of Literature & TechnologyGrades: PK-8Distance: 0.9 mi
- 3/10The Delores Taylor Arthur School for Young MenGrades: 8-12Distance: 0.2 mi
- 7/10Benjamin Franklin Elementary Math And ScienceGrades: PK-8Distance: 6.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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