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12-Unit Quadplex Portfolio
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913 Monterey Court, Gretna, LA 70056

Three detached residential buildings offer individually metered units, on-site laundry, and updated building systems.

Property Size16,538 SF
Price / SF$69.54
Days on Market8

Property Features for 913 Monterey Court

General Information

Standard status Active
Size 16,538 SF
Total Parking Spaces 16
Property subtype Multifamily
Zoning X
Occupancy 75%
Net Operating Income $103,936

Additional Details

Multifamily Units 12

Amenities

on-site laundry

Building Details

Year Renovated 2024
Buildings 3
Units 12
Tenancy Multi
Listing Agency: Bridgewater Realty Advisors
Listed By: Mason Mccullough · License #LA9705
Source: Crexi
Added: Aug 4 Changed: Aug 10 Last Checked: Aug 10 at 9:37AM

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 Bridgewater Realty Advisors

Investment Insights

Based on property information with market context.

This multifamily property comprises three detached four-plex buildings at 913, 917, and 929 Monterey Court in Gretna, Louisiana. The buildings contain 12 units with a combined gross building area of approximately 16,538 SF. Renovations completed in 2024 included electrical, plumbing, roofing, and window systems. Each unit has separate electric metering, and the property includes on-site laundry and 16 off-street parking spaces.

The property is located in Flood Zone X, where flood insurance is typically not required, and is zoned X. The three four-plexes may be acquired individually or together as a package, providing flexibility for a multifamily purchaser evaluating the buildings as separate assets or a combined portfolio.

Key Highlights

  • Three detached four‑plex buildings at 913, 917 and 929 West Monterey Court
  • 12 units totaling approximately 16,538 sf of gross building area
  • Renovated in 2024 with updated electrical, plumbing, roofing, and window systems

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Carpet & Flooring Store Gym & Fitness Center Computer & Electronic Repair

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

377
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?
Quadplex - Three detached residential buildings offer individually metered units, on-site laundry, and updated building systems.
Where is this quadplex located?
The property is located at 913 Monterey Court Gretna, LA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three detached four‑plex buildings at 913, 917 and 929 West Monterey Court; 12 units totaling approximately 16,538 sf of gross building area; Renovated in 2024 with updated electrical, plumbing, roofing, and window systems
(504) 535-5680 Call to check price and availability
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