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1425 MONROE Street
Gretna LA 70053 US

$3,295,000

Active Listing ID 2576731
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12,925 square feet
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Apartment

$3,295,000

Active Listing ID 2576731
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1425 MONROE Street 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Cooling System: Window Unit(s)
  • Roof Type: Asphalt, Shingle

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 3295000
  • unparsedaddress: 1425 MONROE Street
  • postalcity: Gretna
  • stateorprovince: LA
  • country: US
  • postalcode: 70053
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 12925
  • livingareaunits: Square Feet
  • listagentfullname: Blaine Tatje
  • listagentemail: Blaine@TeamTatje.com
  • listagentkey: 3yd-NOMARLA-TATJBLAI
  • listagentmlsid: TATJBLAI
  • listagentpreferredphone: 5042932460
  • listagentofficephone: 5042932460
  • listofficekey: 3yd-NOMARLA-FFOR01
  • listofficemlsid: FFOR01
  • disclaimer: Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NOMARLA
  • yearbuilt: 1980
  • listingcontractdate: 2026-09-17
  • listagenturl: https://www.forterealtors.com/
  • countyorparish: Jefferson
  • parcelnumber: 0100002780
  • cooling: Window Unit(s)
  • numberofunitstotal: 31
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Forte Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Blaine@TeamTatje.com", "ListBrokerageCity":"Metairie", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Blaine@teamtatje.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Forte Realty", "ListBrokeragePhone":"(504) 276-2668", "ListBrokeragePostalCode":"70006", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":"STE 200", "ListBrokerageUnparsedAddress":"3005 Harvard Ave", "ListBrokerageWebsiteUrl":"https://www.forterealtors.com/", "ListOfficeAddress1":"3005 Harvard Ave. Suite 200 ", "ListOfficeAddress2":"STE 200", "ListOfficeBrokerMlsId":"FFOR01", "ListOfficeCity":"Metairie", "ListOfficeCountry":"US", "ListOfficeEmail":"blaine@teamtatje.com", "ListOfficePostalCode":"70006", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family, Gretna, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1425-Monroe-St_Gretna_LA_70053_M93705-42203?f=listhub&s=NOMARLA&m=2576731&c=rexren", "MLSModificationTimestamp":"2026-09-18 10:35:46", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"LOT Y SQ 86 & PORTIONS OF LOTS 6 7 & 8 SQ 86 MCDONOGHVILLE", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/18/2026 7:50:40 PM GMT
Source Updated Date: 9/20/2026 12:51:09 AM GMT

Courtesy of: Blaine Tatje, Forte Realty, LLC, Blaine@TeamTatje.com

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.