Listed price in listed location currency (USD).
$495,000

1200

MLS® 2568930

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 5032 sqft
Garage 
HOA Fees 
Taxes 
Days Active 3
Approx. Age 1970
Avg. Price Per Sqft $98
MLS® Number 2568930

Property Address: 1500 Madison St, Gretna, LA, 70053-3266

Average square foot calculated using Size range provided by listing agent.

Description

Great opportunity to own a 7-unit multifamily property in Gretna with plenty of upside for investors. This one-story cinder block building includes four 2-bedroom, 1-bath units, one 2-bedroom, 1.5-bath unit, and two 1-bedroom, 1-bath units. All units feature durable tile flooring throughout for easy maintenance. Currently, 4 of the 7 units are occupied, providing immediate rental income, while the 3 vacant units offer the chance to increase cash flow by leasing them at market rates. The owner pays the water bill for the property and includes electricity in the rent for two of the units. Whether you're looking to expand your portfolio or add a value-add property with strong income potential, this is an investment worth a closer look.
MLS® Number2568930
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1970
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWindow Unit
A/CWindow Units

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Jul 28, 2026List Date
$495,000List Price
  • Commute

Commute

Starting Address
Destination Address
1500 Madison St, Gretna, LA

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