1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo
1425 Monroe Street, Gretna, LA 70053 Photo

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1425 Monroe Street Gretna, LA 70053
$3,295,000
Active / MLS# 2576731 / Multi Unit - Multiple / Gretna
31 Beds
31 Baths
12925 SqFt

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.

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Mortgage Calculator

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Estimated Payment

$ 8,283.26 per month $7,322.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $961.04 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: Window Unit
Home Style: Apartment
Lot Size: 124x206x128x167
Roof Type: Asphalt, Shingle
Stories: 1.0

Feature Descriptions

Days on Site: 4
Exterior: Block, Frame
Lot: Corner Lot, City Lot, Oversized Lot
Lot Dimensions: 124x206x128x167
Parking: None
Property Condition: Very Good Condition
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Forte Realty, LLC
Agency Phone: (504) 276-2668

Shown By

Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339

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