šŸ  913 W MONTEREY Court, Gretna, LA, 70056 MLS Sale Listing

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$370,000
37 Days On Site

913 W MONTEREY Court
Gretna, LA 70056

For Sale|Quadruplex|Active
13
Beds
9
Total Baths
8
Full Baths
2
Partial Baths
5,719
SqFt
$65
/SqFt
1980
Built
County:
Jefferson
Call Now: (504) 517-6533
Is this the listing for you? We can help make it yours.
(504) 517-6533
913 W MONTEREY Court913 W MONTEREY Court913 W MONTEREY Court913 W MONTEREY Court
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Monthly Payment (Est.)

$1,688
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Large 3 bed 2 bath units and 1 large 4 bed unit. 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 5,719 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 917 & 929 W Monterey. 2 tenants just moved out, units A and D, so market rent was used in the listing above for those vacant units. Building is occupied, so please allow at least 24 hours to view the occupied units.

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Listing Snapshot
PriceĀ 
$370,000
Days On SiteĀ 
37 Days
BedroomsĀ 
13
Inside Area (SqFt)Ā 
5,719 sqft
Total BathsĀ 
9
Full BathsĀ 
8
Partial BathsĀ 
2
Lot SizeĀ 
N/A
Year BuiltĀ 
1980
MLSĀ® NumberĀ 
2571199
StatusĀ 
Active
Property TaxĀ 
N/A
HOA/Condo/Coop FeesĀ 
N/A
Sq Ft SourceĀ 
N/A
Friends & Family
Recent Activity
3 weeks agoPrice changed to $370,000
3 weeks agoListing updated with changes from the MLSĀ®
a month agoListing first seen on site
General Features
Cross StreetĀ 
N Monterey Ct, Behrman Hwy
FoundationĀ 
Slab
LevelsĀ 
Two
ParkingĀ 
AssignedOff Street
Parking SpacesĀ 
1
Property Sub TypeĀ 
Quadruplex
SewerĀ 
Public Sewer
StyleĀ 
Contemporary
Water SourceĀ 
Public
Interior Features
CoolingĀ 
Central Air
HeatingĀ 
Central
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Exterior Features
Construction DetailsĀ 
Frame
Lot FeaturesĀ 
City LotRectangular Lot
Pool FeaturesĀ 
None
RoofĀ 
Shingle
Listing courtesy of Bridgewater Realty Advisors, LLC

Copyright Ā© 2017-present, New Orleans Metropolitan Association of REALTORSĀ®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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