913 W Monterey Court, Gretna, LA 70056

Gretna
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
913 W Monterey Court,Gretna, LA 70056
$370,000
Virtual Tour
  • 13 Beds
  • 10 Baths
  • 5,719 sq. ft.
  • Multi-family
  • Active
Listed by: bryce a danna-marullo, bryce a danna-marullo
Office: bridgewater realty advisors
MLS#:2571199
Source:LA_CLBOR

Price summary

  • Price:$370,000
  • Price per sq. ft.:$64.7

About this home

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...

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Home facts

  • Year built:1980
  • Listing ID #:2571199
  • Added:85 day(s) ago
  • Updated:October 28, 2026 at 02:16 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:10
  • Full bathrooms:8
  • Half bathrooms:2
  • Living area:5,719 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1980
  • Building area:5,719 sq. ft.
  • Construction Materials:Frame, HardiPlank Type
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$370,000
  • Price per sq. ft.:$64.7

Parking

  • Parking description:Assigned, Off Street

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