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929 W Monterey Court, 
Gretna, LA 70056

$399,000


12

Beds


8

Baths


5,100

Sq Ft


Multi-Family

Active

Listed by

Mason Mccullough

, 

Bryce Danna-Marullo

Bridgewater Realty Advisors, LLC.

504-901-0463

Last updated:

September 14, 2026, 03:59 PM

MLS#

2571151

Source:

LA GSREIN

About This Home

929 W Monterey Court

100% occupied 4 plex! Large 3 bed 2 bath units. 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 4,258 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 913 & 917; see MLS#2571149 or MLS#2571199

Home Facts

Multi-Family

8 Baths

12 Bedrooms

Built in 1980

Price Summary

399,000

$78 per Sq. Ft.

MLS #:

2571151

Last Updated:

September 14, 2026, 03:59 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

5,100 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary

Building Area:

5,100 Sq. Ft.

Year Built:

1980


Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$78 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.

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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.