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$ 350,000
Est. payment /mo
New
204 E State St #2 Baton Rouge, LA 70802
4 Beds
4 Baths
3,020 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,020 sqft
Price per Sqft $115
MLS Listing ID BR2026009211
Bedrooms 4
Full Baths 4
Lot Size 4791.600 Acres
Acres 0.11
Property Sub-Type Duplex
Property Description
Developer's Dream Near LSU - Income Now, Expansion Potential for the Future Unlock the possibilities with this exceptional Baton Rouge investment opportunity featuring two income-producing duplexes plus two additional lots in a rapidly growing corridor just minutes from Louisiana State University. Located at 204-206 E. State Street and 226 A&B State Street, 240 E State Street (lot) and a parcel in between properties, this rare multi-property package offers the perfect blend of immediate cash flow and outstanding redevelopment potential. Fully occupied and generating steady rental income, these well-maintained duplexes showcase timeless architectural charm with desirable features including 9-foot ceilings, hardwood floors, newer roofs, and individually metered utilities for streamlined management and tenant convenience. The prime location near LSU ensures continued rental demand and long-term investment stability. What truly sets this portfolio apart is the incredible opportunity for new construction and multi-unit development. The additional lots create a unique canvas for developers/investors looking to expand, build additional units, increase density, or capitalize on the area's ongoing growth and housing demand. This multi-property package is ideal for investors seeking stable cash flow, proximity to LSU, and long-term appreciation potential in the growing Baton Rouge market. All information is believed to be accurate but not guaranteed and should be independently verified by purchaser. Measurements, occupancy status, zoning, lot dimensions, and investment projections are approximate and subject to buyer verification.
Location
State LA
Interior
Interior Features High Ceilings
Heating Wall Furnace, Heat Unit(s)
Cooling Window Unit(s), AC Unit(s)
Flooring Wood
Equipment Individual Meter
Appliance Gas Cooktop, Refrigerator
Exterior
Parking Features Parking Lot
Garage Spaces 4.0
Total Parking Spaces 4
Garage false
Building
Foundation Pillar/Post/Pier
Level or Stories 2
Others
Tax ID 500682
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Bridgewater Realty Advisors