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Four-Unit Residential Income Property
For Sale
$625,000

953 Monterey Ct, Gretna, LA 70056

Fully occupied four-unit quadplex with central air/heat, in-unit laundry, and separate utility meters.

Property Size7,545 SF
Price / SF$82.84
Days on Market400

Property Features for 953 Monterey Ct

General Information

Standard status Active
Size 7,545 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Bridgewater Realty Advisors, LLC
Listed By: Mason McCullough · License #LA9705
Source: Exprealty
Added: Aug 6, 2025 Changed: Sep 8 Last Checked: Aug 8 at 10:44AM

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, LLC

Investment Insights

Based on property information with market context.

This four-unit residential income property features spacious units with central air/heat, in-unit laundry, and separate utility meters. The building provides off-street parking and is currently fully occupied, with some tenants on month-to-month arrangements that may allow for flexibility for an owner-occupant scenario.

The property is located on the Westbank with easy access to retail and transit near Behrman Hwy. The seller notes the property is in an X Flood zone.

With four large units and dedicated utility metering, the configuration is set up for straightforward tenant billing and day-to-day residential operations.

Key Highlights

  • Fully occupied 4‑unit quadplex with 2 stories, built in 1977
  • Each unit offers central air and central heating
  • In‑unit laundry in each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Big Box & Wholesale Store Gym & Fitness Center

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

437
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 - Fully occupied four-unit quadplex with central air/heat, in-unit laundry, and separate utility meters.
Where is this quadplex located?
The property is located at 953 Monterey Ct Gretna, LA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Fully occupied 4‑unit quadplex with 2 stories, built in 1977; Each unit offers central air and central heating; In‑unit laundry in each unit
More about this property
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