1425 MONROE Street, Gretna, LA 70053
$3,295,000
Property Type:
MultiFamily
Square Footage:
12,925
Status:
Active
Current Price:
$3,295,000
List Date:
9/17/2026
Last Modified:
9/26/2026
Overview
Description
Listing Details MLS# NO2576731
Listing Info
- Delayed Marketing
- No
- Listing Price
- 3295000
- List Price/SqFt
- 254.93
- Document Modified
- 2026-09-25 23:01:11.285727
- Modification Timestamp
- 2026-09-26T04:01:36Z
- Photo Modified
- 2026-09-21T17:57:25Z
Location Tax Legal Info
- Street Number
- 1425
- Street Name
- MONROE Street
- Parish
- Jefferson
- State
- LA
- Zip Code
- 70053
- Tax Assessment Number
- 0100002780
- Directions
- Bounding Streets: Cook
General Property Description
- Number of Units
- 31
- Stories
- Yes
- SqFt - Total
- 12925
- SqFt - Source
- Appraiser
- Individual Metered?
- Yes
- Lot Dimensions
- 124x206x128x167
Currently Not Used
- Acreage Range
- 0 - 0.5
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 59727521
- Originating System Listing ID
- 2576731
- Originating System Name
- ROAM Matrix
Location, Tax & Legal Info
- Legal Desc
- LOT Y SQ 86 & PORTIONS OF LOTS 6 7 & 8 SQ 86 MCDONOGHVILLE
More Information
Remarks & Misc
- Remarks
- Investment opportunity in Gretna! Woodcrest Apartments is a 31-unit multifamily portfolio consisting of 3 buildings. The low-rise properties feature durable cinder block construction, solid-surface flooring and roofs replaced in 2021. All units are configured as 1 bedroom/1 bath. The offering also includes two adjacent parcels, approximately 0.18 and 0.24 acres, providing additional flexibility and potential for the future buyer. Currently generating an annual rent roll of approximately $383,268, with a reported 2025 NOI of $253,772.99 and an in-place cap rate of 7.70%. The portfolio is offered at $3,295,000, including the adjacent parcels. Convenient Gretna location with easy access to surrounding Westbank amenities and New Orleans. Excellent opportunity to acquire an established income-producing multifamily asset with additional land included.
Office/Member/Contract Info
- List AOR
- NOMAR
Parking
- No Parking
- Yes
Construction
- Frame
- Yes
Foundation
- Slab
- Yes
Roof
- Composition
- Yes
Heating
- Other
- Yes
Cooling
- Window Units
- Yes
Lot
- Corner
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
- Water
- Yes
Property Features
Parking:
No Parking
Construction:
Frame
Foundation:
Slab
Roof:
Composition
Heating:
Other
Cooling:
Window Units
Lot:
Corner
Tenant Pays:
Electric; Gas; Water
Documents
Property Information ›
IDX
Listing Office:
Forte Realty, LLC
Last Updated: September - 26 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and 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.