# 1425 MONROE Street, Gretna, LA 70053 > **TL;DR:** 31bd/31ba residential multi family, $3,295,000 ($255/sqft), built 1980, 12,925 sqft. > A/C. Est. $17,622/mo. Listed 48 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,295,000 | | Price/sqft | $255 | | Bedrooms | 31 | | Bathrooms | 31 full | | Square Feet | 12,925 | | Year Built | 1980 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 48 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $16,661 | | Estimated Insurance | $961 | | **Total** | **$17,622** | ## Key Amenities - A/C ## Property Highlights - Built in 1980 ## Description ### Agent 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. ## Location - **Address:** 1425 MONROE Street, Gretna, LA 70053 - **County:** Jefferson ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/roam/2576731 ## Listing Agent - **Name:** Blaine H Tatje · **License:** 995712484 - **Brokerage:** Forte Realty - **Broker Phone:** (504) 276-2668 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1425-Monroe-St_Gretna_LA_70053_M93705-42203?f=listhub&s=ROAMLA&m=2576731&c=propsimple) ## Photos ![1425 MONROE Street - Photo 1](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f1532353879r.jpg) ![1425 MONROE Street - Photo 2](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f23548955r.jpg) ![1425 MONROE Street - Photo 3](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f3161037784r.jpg) ![1425 MONROE Street - Photo 4](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f1738704071r.jpg) ![1425 MONROE Street - Photo 5](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f484787613r.jpg) ![1425 MONROE Street - Photo 6](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f1525921475r.jpg) ![1425 MONROE Street - Photo 7](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f1003306931r.jpg) ![1425 MONROE Street - Photo 8](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f217307433r.jpg) ![1425 MONROE Street - Photo 9](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f2061453938r.jpg) ![1425 MONROE Street - Photo 10](http://lh.rdcpix.com/44d332bfa431c544d2a34763b9584e3el-f3169112235r.jpg) --- **MLS#:** 2576731 | **Updated:** 2026-10-31 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1425-monroe-street-gretna-la-70053-c19653599276451aa6dbf9c234a0b2dc) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1425-monroe-street-gretna-la-70053-c19653599276451aa6dbf9c234a0b2dc#listing", "url": "https://staging.propertysimple.ai/listing/1425-monroe-street-gretna-la-70053-c19653599276451aa6dbf9c234a0b2dc", "name": "1425 MONROE Street, Gretna, LA 70053", "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. 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