917 W Monterey Court, Gretna, LA 70056

Gretna
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
917 W Monterey Court,Gretna, LA 70056
$385,000
  • - Beds
  • - Baths
  • 5,719 sq. ft.
  • Multi-family
  • Active
Listed by: mason mccullough, bryce danna-marullo
Office: bridgewater realty advisors, llc.
MLS#:NO2571149
Source:LA_RAAMLS

Price summary

  • Price:$385,000
  • Price per sq. ft.:$67.32

About this home

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. Unit A tenant just moved out so market rent used above, however, this unit should be re-leased in the upcoming weeks. Each unit is individually metered for electricity, enhancing expense control and operational efficiency. The gross building area is appoximately 4,258 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 913 & 929; see MLS#2571072 or...

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Home facts

  • Listing ID #:NO2571149
  • Added:1 day(s) ago
  • Updated:August 08, 2026 at 03:29 AM

Rooms and interior

  • Living area:5,719 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Heat
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Building area:5,719 sq. ft.
  • Lot area:1.1 Acres
  • Construction Materials:Frame
  • Foundation Description:Slab
  • Levels:2 Story

Finances and disclosures

  • Price:$385,000
  • Price per sq. ft.:$67.32

Parking

  • Parking description:Assigned

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