USALAGretnaMcdonoghville1425 Monroe St
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$3,295,000

For Sale

22 days ago

1425 Monroe St, Gretna, LA

Condo

MLS® 2576731

31 Bed

0 Bath

12925 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 12925 sqft
Garage 
HOA Fees 
Taxes 
Days Active 22
Approx. Age 1980
Avg. Price Per Sqft $254
MLS® Number 2576731

Property Address: 1425 Monroe St, Gretna, LA, 70053-3264

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

Description

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.
MLS® Number2576731
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1980
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

For Sale

Sep 17, 2026List Date
$3,295,000List Price
  • Commute

Commute

Starting Address
Destination Address
1425 Monroe St, Gretna, LA

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