1425 MONROE Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 1425 Monroe St, Gretna, LA 70053, USA
Florida & Gulf Coast + Apartment Buildings
Created date: October 24, 2026
Date last updated: October 24, 2026
Price: $3,295,000Investment Analyzer NEW!

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.
Availabletick-green

Request Information

Broker Details

Blaine H Tatje
Blaine H Tatje

Forte Realty (504) 276-2668 MLS ID: TATJBLAI State License Number: 995712484

New call-to-action

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $3,295,000
No. of Units: 31
Year Built: 1980
Lot Size: 12,925.00 Sq ft
Opportunity Zone: No
Price per unit: $106,290
Property Website Click Here
Number of Bedrooms: 31
Number of Bathrooms: 31
Address: 1425 MONROE Street, Gretna, LA 70053, USA
Provided by:
Standard Status: Active
MLS Listing Number: 2576731
ID: 3yd-ROAMLA-2576731
Copyright Disclaimer: Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

1031 HENRIETTE DELILLE Street

1031 HENRIETTE DELILLE Street

New Orleans, Louisiana
Florida & Gulf Coast + Apartment Buildings
Units: 6
Price: $1,454,000
1309 DAUPHINE Street

1309 DAUPHINE Street

New Orleans, Louisiana
Florida & Gulf Coast + Apartment Buildings
Units: 7
Price: $2,249,000
2222 FLORIDA Avenue

2222 FLORIDA Avenue

Kenner, Louisiana
Florida & Gulf Coast + Apartment Buildings
Units: 9
Price: $1,200,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up