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    1500 Madison St, Gretna, LA 70053

    12beds
    --sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $444,700 Zestimate®
    $--/sqft
    $1,661 Estimated rent

    Home value

    $444,700

    $418,000 - $476,000

    $1,661/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lito N Dominguez,

    Compass Westbank,

    Samantha Alise ONeil,

    Compass Westbank

    Bought with:

    Anthony J Grosch, 000037994

    Compass Westbank

    Source: ROAM MLS,MLS#: 2568930MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Window Unit(s)
    Interior area
    • Total structure area: 5,032

    Property

    Parking
    • Parking features: Off Street
    Features
    • On waterfront: Yes
    • Waterfront features: Navigable Water
    Lot
    • Size: 9,901 Square Feet
    • Dimensions: 60 x 160
    • Features: Other
    Details
    • Parcel number: 0100003943

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Block
    • Foundation: Slab
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Not Available

    Community & HOA

    Location
    • Region: Gretna

    Financial & listing details

    • Tax assessed value: $351,500
    • Annual tax amount: $2,796
    • Date on market: 7/28/2026
    • Total actual rent: 4400
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    9/30/2026Sold--
    Source: ROAM MLS #2568930 Report a problem
    7/28/2026Contingent$495,000+16.5%
    Source: GSREIN #2568930 Report a problem
    7/30/2020Sold--
    Source: ROAM MLS #2243609 Report a problem
    4/28/2020Pending sale$424,900
    Source: GARDNER, REALTORS #2243609 Report a problem
    3/10/2020Listed for sale$424,900
    Source: GARDNER, REALTORS #2243609 Report a problem
    3/6/2020Pending sale$424,900
    Source: GARDNER, REALTORS #2243609 Report a problem
    3/3/2020Listed for sale$424,900
    Source: GARDNER, REALTORS #2243609 Report a problem
    6/16/2016Sold--
    Source: ROAM MLS #2047267 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,796 -0.3%$35,150
    2024$2,803 -3.6%$35,150
    2023$2,909 0%$35,150
    2022$2,909 -39.1%$35,150
    2021$4,778 +32%$35,150 +31.2%
    2020$3,619 -1.5%$26,790
    2019$3,675 +99.9%$26,790
    2018$1,838 $26,790
    2017$1,838 +7.4%$26,790 +105%
    2016$1,711 $13,070 -24.5%
    2015-- $17,320
    2014-- $17,320
    Find assessor info on the county website

    Neighborhood: 70053

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $444,700

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $444,700