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44-Unit Multifamily Portfolio
For Sale
Contact for pricing
Pending

2916 N Monterey Ct, Terrytown, LA 70056

Forty-four unit multifamily portfolio features seven two-story buildings with a diverse unit mix in Terrytown, LA.

Property Size45,000 SF
Days on Market382

Property Features for 2916 N Monterey Ct

General Information

Standard status Pending
Size 45,000 SF
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 44

Building Details

Buildings 7
Stories 2
Units 44
Listing Agency: Elifin Realty - New Orleans, LA
Listed By: Benji Azar · License #LA
Source: Crexi
Added: Aug 20, 2025 Changed: Aug 8 Last Checked: Jul 24 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elifin Realty - New Orleans, LA

Investment Insights

Based on property information with market context.

This for-sale multifamily portfolio totals 44 units across seven two-story buildings, creating a consolidated residential income offering with a diverse unit mix. The property is described as delivering strong rental density across the site.

2916 N Monterey Ct is located in Terrytown, LA on the West Bank. Access to major routes is noted as approximately 2 minutes from Behrman Hwy and about 5 minutes from Belle Chasse Hwy. Nearby amenities listed include Athlos Academy, Hong Kong Food Market, Panda King, Walmart, and Lakewood Golf Club.

Key Highlights

  • 44‑unit multifamily portfolio in Terrytown, LA on the West Bank
  • Portfolio includes seven two‑story buildings
  • Diversified unit mix with strong rental density across the site

Property Analytics

Current Use

Varelanorth Monterey Property Apartment Building

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Dental Office Grocery & Convenience Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

Demographics for 70056, LA

41,498
Population
15,784
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
87%
High-School Grad
6.8 sq mi
ZIP Area
6,103
Density / Sq Mi
$61,831
Median Household Income
$36,062
Median Earnings
$1,163
Median Rent
$223,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Forty-four unit multifamily portfolio features seven two-story buildings with a diverse unit mix in Terrytown, LA.
Where is this apartment building located?
The property is located at 2916 N Monterey Ct Terrytown, LA.
What are key features of this property?
This property features: 44‑unit multifamily portfolio in Terrytown, LA on the West Bank; Portfolio includes seven two‑story buildings; Diversified unit mix with strong rental density across the site
More about this property
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