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929 W Monterey Court, Gretna, LA 70056

Gretna
Local realty services provided by:CENTURY 21 Buelow-Miller Realty
929 W Monterey Court,Gretna, LA 70056
$399,000
  • 12 Beds
  • 8 Baths
  • 5,100 sq. ft.
  • Multi-family
  • Active
Listed by: mason mccullough, bryce danna-marullo
Office: bridgewater realty advisors, llc.
MLS#:2571151
Source:LA_CLBOR

Price summary

  • Price:$399,000
  • Price per sq. ft.:$78.24

About this home

100% occupied 4 plex! Large 3 bed 2 bath units. 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 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 & 917; see MLS#2571149 or MLS#2571199

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Home facts

  • Year built:1980
  • Listing ID #:2571151
  • Added:43 day(s) ago
  • Updated:September 18, 2026 at 03:23 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:5,100 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1980
  • Building area:5,100 sq. ft.
  • Construction Materials:Frame, Hardboard
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$78.24

Parking

  • Parking description:Off Street, One Space, ext_fea_

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