1027 Madison St Gretna, LA 70053
Estimated payment $1,991/month
Highlights
- Creole Architecture
- Enhanced Accessible Features
- Property is in very good condition
- Gretna No. 2 Academy for Advanced Studies Rated A-
- Central Heating and Cooling System
- Wood Siding
About This Home
Modern Income-Producing Double in the Heart of Gretna Step into style, comfort, and opportunity with this beautifully renovated double in Gretna. Thoughtfully redesigned with a sleek, modern aesthetic, this property seamlessly blends contemporary finishes with functional living. Each side features an open-concept layout, highlighted by clean lines, updated flooring, and abundant natural light that creates a bright, inviting atmosphere. The kitchens are a true standout—equipped with stylish cabinetry, modern fixtures, and elegant finishes that elevate everyday living. Spacious bedrooms and refreshed bathrooms provide a spa-like feel, offering comfort and privacy for both owner and tenant alike. What truly sets this property apart is its built-in income potential—one unit is already generating revenue, making this an ideal opportunity for an owner-occupant looking to offset their mortgage or an investor seeking immediate cash flow. Situated in a desirable area with convenient access to shopping, dining, and the vibrant energy of the Westbank, this property delivers both lifestyle and long-term value. Live in one. Earn from the other. Build wealth effortlessly.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 3,598 Sq Ft Lot
- Lot Dimensions are 38x107
- Property is in very good condition
Parking
- Off-Street Parking
Home Design
- Duplex
- Creole Architecture
- Raised Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,624 Sq Ft Home
- Property has 1 Level
Utilities
- Central Heating and Cooling System
- Internet Available
Additional Features
- Enhanced Accessible Features
- Outside City Limits
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 0100000563
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $795 | $10,000 | $2,160 | $7,840 |
| 2024 | $602 | $10,000 | $2,160 | $7,840 |
| 2023 | $1,430 | $10,000 | $2,060 | $7,940 |
| 2022 | $1,430 | $10,000 | $2,060 | $7,940 |
| 2021 | $1,359 | $10,000 | $2,060 | $7,940 |
| 2020 | $1,351 | $10,000 | $2,060 | $7,940 |
| 2019 | $1,372 | $10,000 | $2,060 | $7,940 |
| 2018 | $686 | $10,000 | $2,060 | $7,940 |
| 2017 | $740 | $6,360 | $2,060 | $4,300 |
| 2016 | $727 | $6,360 | $2,060 | $4,300 |
| 2015 | $437 | $6,770 | $1,650 | $5,120 |
| 2014 | $437 | $6,770 | $1,650 | $5,120 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $355,000 | 0.0% | $219 / Sq Ft | |
| 10/15/2025 10/15/25 | Rented | $1,500 | 0.0% | -- | |
| 09/26/2025 09/26/25 | For Rent | $1,500 | 0.0% | -- | |
| 01/12/2022 01/12/22 | Sold | -- | -- | -- | View Prior Sale |
| 12/02/2021 12/02/21 | Pending | -- | -- | -- | |
| 11/24/2021 11/24/21 | For Sale | $295,000 | 0.0% | $182 / Sq Ft | |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- | |
| 11/04/2021 11/04/21 | For Sale | $295,000 | -- | $182 / Sq Ft |
Source: Gulf South Real Estate Information Network
MLS Number: 2554246
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Ask me questions while you tour the home.