16-Unit Quadplex
For Sale
Contact for pricing
944 957 961 E Monterey Ct 2924 S Monterey Ct, Terrytown, LA 70056
Four separate buildings offer fully occupied, three-bedroom units with dedicated off-street parking.
Property SizeContact for details
Days on Market143
Property Features for 944 957 961 E Monterey Ct 2924 S Monterey Ct
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$117,965
Property Condition
Severity
Repairs Needed
Evidence
cosmetic and amenity upgrades
Units
Unit Mix
8 x 3BR/2BA, 8 x 3BR/2.5BA
Multifamily Units
16
Building Details
Buildings
4
Listing Agency:
Elifin Realty - New Orleans, LA
(504) 289-7750
Listed By:
Benji Azar · License #LA
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 7:50PM
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 multifamily portfolio includes four quadplexes located on separate parcels, totaling 16 residential units. Each building contains two three-bedroom, two-bath units and two three-bedroom, two-and-a-half-bath units. Dedicated off-street parking serves each property.
The portfolio is currently 100% occupied and has maintained a history of full occupancy, with an ongoing waitlist. The properties are positioned near Walmart, Rouses Market, CVS, McDonald’s, and AutoZone in Terrytown. Cosmetic improvements and amenity upgrades are identified as potential avenues for repositioning the existing buildings.
The portfolio is currently 100% occupied and has maintained a history of full occupancy, with an ongoing waitlist. The properties are positioned near Walmart, Rouses Market, CVS, McDonald’s, and AutoZone in Terrytown. Cosmetic improvements and amenity upgrades are identified as potential avenues for repositioning the existing buildings.
Key Highlights
- Four quadplexes on separate parcels totaling 16 units
- Each building includes two 3‑bedroom, 2‑bath units and two 3‑bedroom, 2.5‑bath units
- Currently 100% occupied with an ongoing waitlist
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separate buildings offer fully occupied, three-bedroom units with dedicated off-street parking.
Where is this quadplex located?
The property is located at 944 957 961 E Monterey Ct 2924 S Monterey Ct Terrytown, LA.
What are key features of this property?
This property features: Four quadplexes on separate parcels totaling 16 units; Each building includes two 3‑bedroom, 2‑bath units and two 3‑bedroom, 2.5‑bath units; Currently 100% occupied with an ongoing waitlist
