913 W MONTEREY Court, Gretna, LA 70056 (MLS# NO2571199)

913 W MONTEREY Court, Gretna, LA 70056

$370,000
Property Type: MultiFamily Square Footage: 5,719 Status: Active
Current Price: $370,000 List Date: 8/07/2026 Last Modified: 10/15/2026

Overview

Description

Large 3 bed 2 bath units and 1 large 4 bed unit. A detached four-plex building offering strong in-place cash flow and operational stability. The property consists of 4 units with two vacancies presenting a clear lease-up opportunity for a new owner. Additional revenue can be made from on-site laundry. Renovated in 2024, the property features updated electrical, plumbing, roofing, and window systems, contributing to reduced maintenance and long-term durability. Each unit is individually metered for electricity, enhancing expense control and operational efficiency. The gross building area is appoximately 5,719 sf with 4 off-street parking spaces, and also located in a favorable Flood Zone X. A purchaser has the ability to purchase a stabilized asset and continue to raise rents to meet the market, improving the cap rate to 10% plus. This building can be purchased as a package deal with 917 & 929 W Monterey. 2 tenants just moved out, units A and D, so market rent was used in the listing ab ...

Listing Details MLS# NO2571199

Listing Info

Delayed Marketing
No
Listing Price
370000
List Price/SqFt
64.7
Modification Timestamp
2026-10-15T19:26:09Z
Photo Modified
2026-10-15T19:05:55Z

Location Tax Legal Info

Street Number
913
Dir
W
Street Name
MONTEREY Court
Parish
Jefferson
State
LA
Zip Code
70056
Tax Assessment Number
per assessor
Directions
From Behrman Hwy, turn right onto Monterey Ct S, then left onto Monterey Ct W. The building is on your right. Bounding Streets: N Monterey Ct, Behrman Hwy

General Property Description

Number of Units
4
Stories
2
SqFt - Total
5719
SqFt - Source
Measured
Individual Metered?
Yes
Lot Dimensions
160X300

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
59343437
Originating System Listing ID
2571199
Originating System Name
ROAM Matrix

Remarks & Misc

Remarks
Large 3 bed 2 bath units and 1 large 4 bed unit. A detached four-plex building offering strong in-place cash flow and operational stability. The property consists of 4 units with two vacancies presenting a clear lease-up opportunity for a new owner. Additional revenue can be made from on-site laundry. Renovated in 2024, the property features updated electrical, plumbing, roofing, and window systems, contributing to reduced maintenance and long-term durability. Each unit is individually metered for electricity, enhancing expense control and operational efficiency. The gross building area is appoximately 5,719 sf with 4 off-street parking spaces, and also located in a favorable Flood Zone X. A purchaser has the ability to purchase a stabilized asset and continue to raise rents to meet the market, improving the cap rate to 10% plus. This building can be purchased as a package deal with 917 & 929 W Monterey. 2 tenants just moved out, units A and D, so market rent was used in the listing above for those vacant units. Building is occupied, so please allow at least 24 hours to view the occupied units.

More Information

Office/Member/Contract Info

List AOR
NOMAR

Parking

Assigned
Yes

Construction

Frame
Yes

Foundation

Slab
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Tenant Pays

Electric
Yes
Water
Yes

Property Features

Parking: Assigned Construction: Frame Foundation: Slab Roof: Composition Heating: Central Cooling: Central Air Tenant Pays: Electric; Water
IDX
Listing Office: Bridgewater Realty Advisors, LLC
Last Updated: October - 15 - 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.