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913 W Monterey Court

Gretna, LA 70056
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Bed 13

Bed

Bath 10

Bath

SqFt5,719

Sqft

Large 3 bed 2 bath units and 1 large 4 bed unit. 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 5,719 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 ma rket, improving the cap rate to 10% plus. This building can be purchased as a package deal with 917 & 929 W Monterey. 2 tenants just moved out, units A and D, so market rent was used in the listing above for those vacant units. Building is occupied, so please allow at least 24 hours to view the occupied units.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $370,000

AD Id : 89216091

MLS Id : 2571199

Beds : 13

Living Area Size : 5,719 Sq. Ft

Year Built : 1980

County : Jefferson

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Full Baths: 8 Half Baths: 2

    Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1980
    Construction Materials: Frame, Hardboard
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Dimensions: 160X300 Lot Description: CityLot,RectangularLot

  • Listing Price Information

    Listing Price: $370000
    Original Price: $399000

  • Tax Information

    Parcel Number: per assessor

  • 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
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
913 29 W Monterey Court, Gretna, LA, 70056 $1,130,000 6 -- 850 0.31 Acre
929 W Monterey Court, Gretna, LA, 70056 $399,000 12 8 4,258 --
917 W Monterey Court, Gretna, LA, 70056 $385,000 13 10 4,258 --
2900 N Monterey Court, Gretna, LA, 70056 $730,000 12 8 4,151 --
953 E Monterey Court, Gretna, LA, 70056 $625,000 18 11 7,545 0.17 Acre
953 E Monterey Court, Gretna, LA, 70056 $400,000 13 8 5,450 0.17 Acre

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/28/2026 @ 23:00

MLS: 2571199 LISTED BY: Mason McCullough, Bridgewater Realty Advisors, LLC 504-901-0463 SOURCE: NOMAR

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