Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker TEC

Property view
Listing view 2
Listing view 3

1425 Monroe Street, 
Gretna, LA 70053

$3,295,000


31

Beds


31

Baths


12,925

Sq Ft


Multi-Family

Active

Listed by

Blaine Tatje

Team Tatje Realtors, LLC.

504-276-2668

Last updated:

October 10, 2026, 03:31 PM

MLS#

2576731

Source:

LA GSREIN

About This Home

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.

Home Facts

Multi-Family

31 Baths

31 Bedrooms

Built in 1980

Price Summary

3,295,000

$254 per Sq. Ft.

MLS #:

2576731

Last Updated:

October 10, 2026, 03:31 PM

Added:

23 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

31

Bathrooms

Total Bathrooms:

31

Full Bathrooms:

31

Interior

Living Area:

12,925 Sq. Ft.


Structure

Structure

Building Area:

12,925 Sq. Ft.

Year Built:

1980


Finances & Disclosures

Finances

Price:

$3,295,000

Price per Sq. Ft:

$254 per Sq. Ft.

Source:LA GSREIN
The information being provided by Gulf South Real Estate Information Network, Inc is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Gulf South Real Estate Information Network, Inc All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.