1425 Monroe Street , Gretna, LA 70053

$3,295,000

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BEDS31 BATHS31 full MLS#2576731

STATUSActive PROPERTY TYPEMulti Unit - Multiple

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Property 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.

1425 Monroe Street | MLS# 2576731

This multi-family property located at 1425 Monroe Street , Gretna, LA 70053 is currently listed for sale with an asking price of $3,295,000. Search Gretna real estate on nicholaslahaye.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Window Unit(s)

Heating: Other

Lot Size: 124x206x128x167

Year Built: 1980

Feature Descriptions

Days on Site: 8

Exterior: Block, Frame

Lot: Corner Lot

Lot Dimensions: 124x206x128x167

Parcel#: 0100002780

Parking: None

Parking Notes: None

Sewer: Public Sewer

Units: 31

Utilities: Natural Gas Available

Water: Public

Listed By / Shown By

Listed By

Agency Name: Team Tatje Realtors, LLC
Agency Phone: 504-293-2460

Shown By

Agent Name: Nicholas LaHaye
Agent Phone: (601) 916-5580
Agency Title: Wurth Real Estate Services

Estimate Your Payment

Estimated Payment

$ 8,294.28 per month $7,333.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $961.04 Homeowner's Insurance

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1425 Monroe Street , Gretna, LA 70053

$3,295,000

SAVE TOUR THIS HOME

Nicholas LaHaye Office: (504) 866-7000 Cell: (601) 916-5580 Email Me

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/30/2026. The listing information on this page last changed on 10/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/30/2026 12:00:32 AM EST) or ROAM MLS (last updated Thu 10/29/2026 11:55:28 PM EST). Real estate listings held by brokerage firms other than Wurth Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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