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1425 Monroe Street Gretna, LA $ 3,295,000
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1425 Monroe Street
$ 3,295,000
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1425 Monroe Street

Gretna, LA, 70053
$ 3,295,000
Bedrooms31 Baths31.0 Sq 12,925

Monthly Estimate*

$ 20,805

1425 Monroe Street, Gretna, LA 70053 - Image 1
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1425 Monroe Street, Gretna, LA 70053 - Image 3
1425 Monroe Street, Gretna, LA 70053 - Image 4
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1425 Monroe Street, Gretna, LA 70053 - Image 8
1425 Monroe Street, Gretna, LA 70053 - Image 9
1425 Monroe Street, Gretna, LA 70053 - Image 10
1425 Monroe Street, Gretna, LA 70053 - Image 11
1425 Monroe Street, Gretna, LA 70053 - Image 12

Multi-Family Home for sale in Gretna, LA

for $3,295,000 with 31 bedrooms and 31 full baths. This 12,925 square foot home was built in 1980.

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.

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Multi-Family Active

Price

$ 3,295,000

Bedrooms

31

Full Bath

31

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1980

Town/City

Gretna

County/Region

Jefferson

MLS | Web ID

2576731
Features
General
Sewer Public Sewer
Heating Window Unit
Cooling Window Unit(s)
Roof Asphalt Shingle
Architectural Style Other
Pool Features None
Construction Materials Block Frame
Year Built 1980
Tenant Pays Electricity Gas Water
Stories Count 1
Levels One
Property Subtype Apartment
County Jefferson
Property Type Residential Income
Full Baths 31
Status Active
City Gretna
Number Of Units Total 0
Property Condition Very Good Condition
Standard Status Active
Property Sub Type Additional Apartment
Legal Description LOT Y SQ 86 & PORTIONS OF LOTS 6 7 & 8 SQ 86 MCDONOGHVILLE
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Exterior
Parking Features None
Lot Features Corner Lot City Lot Oversized Lot
Water Source Public
Lot Size Area 0
Foundation Details Slab
Lot Dimensions 124x206x128x167
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 0
Total Bedrooms 31
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* Excluded Features
List By
Forte Realty, Llc

Broker

Blaine@TeamTatje.com

Email

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$20,805
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Monthly Principal & Interest
$20,805
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/17/2026$3,295,000 Listed Price

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1425 Monroe Street, Gretna, LA, 70053 is a Multi-Family Home for sale at $3,295,000 with 12,925 sqft. 1425 Monroe Street has 31 bedrooms, 31.0 baths, and was built in 1980. The property's zip code is 70053 which is in Gretna, LA

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