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- Description
- Property Details
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- Facts & Features
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$3,295,000
Monthly Est:$16,400
31 Beds
31 Baths31 full baths
12,925sqft
1425 Monroe St, Gretna, LA 70053
$3,295,000
$16,400/moEst:
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Multi Family
Built in 1980
$-- HOA
-- sqft lot
$255/sq.ft
Description
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.
- Houzeo last checked: 6 minutes ago
- Listing updated: November 9, 2026 at 12:01 am
- Listing Provided by: Blaine H Tatje (504) 293-2460 DRE #995712484 | Team Tatje Realtors, LLC (504) 293-2460
- Source: Regional One Access Multiple Listing Service | MLS#: 2576731
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
12,925 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Regional One Access Multiple Listing Service
MLS Number
2576731
MLS Status
Active
Days on Market
54
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 31
Bathrooms: 31
Interior
Sewer
Public Sewer
Cooling
Window Unit(s)
Heating
Other
Construction
Year Built
Year Built: 1980
Home type
Multi Family
Construction Materials
Block, Frame
Foundation Details
Slab
Architectural Style
Other
Utilities & Energy
Water Source
Public
Utilities
Natural Gas Available
Parking Features
None
Other Features
Lot Features
Corner Lot
Tenant Pays
Electricity, Gas, Water
Disclosures
Property As Is
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Off Market | $3,295,000 $255/sqft |
09/17/2026 Source: | Listed for Sale | $3,295,000 +614.30% $255/sqft |
01/13/2022 Source: | Sold | $461,290 $36/sqft |
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Based on information from the ROAM MLS through Nov 10, 2026, 04:30PM. IDX information is provided exclusively for consumers' personal, non-commercial use. It 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 ROAM MLS. All Rights Reserved.
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