913 29 W Monterey Court
Gretna, LA 70056
6
Bed
0
Bath
850Sqft
0.31Acre(Lot)
Three detached four-plex buildings totaling 12 units at 913, 917 and 929 West Monterey Court boast strong in-place cash flow and operational stability. In place cap rate of 9.04%, rental income of $15,445/month (once last unit leases are signed up). The property consists of 12 units, 9 occupied and 3 vacant, with two vacancies at 913 and two at 917 carried below at market rent, 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
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 6Bathroom Information
Full Baths: 4Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1980Construction Materials: Frame, HardboardStories: 2Private Pool: No -
Exterior Features
Exterior Features: Fence
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Lot Information
Lot Dimensions: 160X300 Main Square Feet: 0.3106 Lot Size Acres: 0.3106 Lot Description: OutsideCityLimits,RectangularLot
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Listing Price Information
Listing Price: $1150000
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Tax Information
Parcel Number: 0200008421 Tax Legal Desc: LOT 4-B SQ C TRIANON SQUARE 12434039
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Virtual Tour
Parking Information
Assigned, OffStreet, OneSpace
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Location Information
Direction: From Behrman Hwy, turn right onto Monterey Ct S, then left onto Monterey Ct W. The building is on your right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2113 Carol Sue Avenue, Gretna, LA, 70056 | $415,000 | 8 | 4 | 3,741 | 3,741 SqFt |
| 2109 Carol Sue Avenue, Gretna, LA, 70056 | $415,000 | 8 | 4 | 3,741 | 3,741 SqFt |
| 929 W Monterey Court, Gretna, LA, 70056 | $399,000 | 12 | 8 | 4,258 | 4,258 SqFt |
| 917 W Monterey Court, Gretna, LA, 70056 | $385,000 | 13 | 10 | 4,258 | 4,258 SqFt |
| 953 E Monterey Court, Gretna, LA, 70056 | $625,000 | 18 | 11 | 7,545 | 7,545 SqFt |
| 953 E Monterey Court, Gretna, LA, 70056 | $400,000 | 13 | 8 | 5,450 | 5,450 SqFt |
| 913 W Monterey Court, Gretna, LA, 70056 | $399,000 | 13 | 10 | 5,719 | 5,719 SqFt |
| 2900 N Monterey Court, Gretna, LA, 70056 | $730,000 | 12 | 8 | 4,151 | 4,151 SqFt |
Similar Multifamily To 913 29 W Monterey Court
Nearby For Sale
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ByOwner last updated this listing 08/14/2026 @ 13:42
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