929 W Monterey Court, Gretna, LA 70056
Local realty services provided by:ERA Sarver Real Estate
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_GSREIN
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
Contact an agent
Home facts
- Year built:1980
- Listing ID #:2571151
- Added:7 day(s) ago
- Updated:August 13, 2026 at 03:39 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.
- Lot Features:City Lot, Rectangular Lot
- Architectural Style:Contemporary
- 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:Assigned, Off Street, One Space
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