1500 Madison Street , Gretna, LA 70053

$495,000

SAVE TOUR THIS HOME

5 Total Photos [Click to View All]

New to the Market Active Under Contract

BEDS12 BATHS7 full 1 partial SQUARE FEET5,032 MLS#2568930

STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple

TOUR THIS HOME

Call / TEXT TO ME / Map Listing / Print / Share / Email

Property Description

Great opportunity to own a 7-unit multifamily property in Gretna with plenty of upside for investors. This one-story cinder block building includes four 2-bedroom, 1-bath units, one 2-bedroom, 1.5-bath unit, and two 1-bedroom, 1-bath units. All units feature durable tile flooring throughout for easy maintenance. Currently, 4 of the 7 units are occupied, providing immediate rental income, while the 3 vacant units offer the chance to increase cash flow by leasing them at market rates. The owner pays the water bill for the property and includes electricity in the rent for two of the units. Whether you're looking to expand your portfolio or add a value-add property with strong income potential, this is an investment worth a closer look.

1500 Madison Street | MLS# 2568930

This multi-family property located at 1500 Madison Street , Gretna, LA 70053 is currently listed for sale with an asking price of $495,000. Search Gretna real estate on andynguyen.wurthre.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Window Unit(s)

Heating: Window Unit

Home Style: Apartment

Lot Size: 0.23 Acres

Roof Type: Shingle

Stories: 1.0

Feature Descriptions

Days on Site: 1

Exterior: Block

Lot: City Lot, Rectangular Lot

Lot Dimensions: 60x160

Parking: Off Street

Property Condition: Average Condition

Sewer: Public Sewer

Units: 7

Water: Public

Listed By / Shown By

Listed By

Agency Name: Compass Westbank
Agency Phone: (504) 362-1823

Shown By

Agent Name: Andy Nguyen
Agent Phone: (337) 781-6766
Agency Title: Wurth Real Estate Services

Estimate Your Payment

Estimated Payment

$ 1,246.03 per month $1,101.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $144.38 Homeowner's Insurance

Change Payment Information

1500 Madison Street , Gretna, LA 70053

$495,000

SAVE TOUR THIS HOME

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/29/2026. The listing information on this page last changed on 07/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/29/2026 12:29:01 AM EST) or Greater Baton Rouge MLS (last updated Tue 07/28/2026 11:30:32 PM EST) or GSREIN MLS (last updated Wed 07/29/2026 12:28:31 AM EST). Real estate listings held by brokerage firms other than Wurth Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility