Thinking About Buying a Double in Old Gretna?
Old Gretna is one of the most charming and strategically located areas in the Greater New Orleans region. With its historic character, walkable streets, and strong rental market, purchasing a multi-family property here is not just an investment—it’s a step toward financial independence.
Why a Double?
- Live on one side, rent out the other. Reduce or eliminate your mortgage payment.
- Passive rental income. Strong demand makes it a reliable investment.
- Property appreciation. The Old Gretna market is growing, increasing your asset value.
Pricing & Investment Overview
doubles in Old Gretna range from $150,000 to over $425,000, depending on size, condition, and location.
- Entry-Level Investment: Fixer-uppers start around $150K, ideal for value-added buyers.
- Move-in Ready: Renovated properties with modern updates typically range between $300K–$325K.
- Premium Investment: Well-maintained doubles with strong rental history sell for $400K+.
- Rental Income Potential: Units in the area rent for $1,000–$1,700 per side, covering much of the mortgage.
How to Finance Your double
Several financing options make homeownership and investment easier:
- FHA Loan (3.5% Down) – Perfect for owner-occupants.
- Conventional Loan (15-25% Down) – Ideal for investors with better rates.
- VA Loan (0% Down) – Available for veterans.
- Owner Financing – Some sellers offer direct financing.
- Local & State Grants – Louisiana programs can assist with costs.
Why Work with Ron Mazier?
Buying real estate is a big step—make sure you have an expert in your corner. Ron Mazier offers:
- Expert Negotiation – Get the best deal on your double.
- Deep Market Knowledge – Ron knows Old Gretna inside and out.
- Seamless Process – From financing to closing, Ron handles it all.
- Exclusive Listings – Access off-market properties first.
Contact Ron Mazier