Renovated Duplex with Two
2702-2704 Iroquois St Baton Rouge, LA 70805
For Sale
$150,000
MULTI_FAMILY - Baton Rouge, LA
Property Size1,315 SF
Lot Size0.21 Acres
Price / SF$114.07
Days on Market156
Property Features for 2702-2704 Iroquois St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 6
- Interior features
- Gas Stove Con.
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 1,315 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Description
- Ward 1-2; Block #2; Lot #11; Parcel #212229; Pitchford-Ourso Subdivision; Less: That Portion To Parish Of E.B.R. 1981. (122-9462); Lot Dimensions: 50X176.97; 0.21 Acres.
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Wall Furnace
- Cooling system
- Window Unit(s), Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Flooring type
- Wood, Tile - Ceramic
- Building materials
- Vinyl Siding, Other Siding, Frame
- Roof type
- Composition
Listing Agency:
eXp Realty
(225) 412-9982
Listed By:
Gwen Le
(225) 405-7463
Added: Feb 19
Changed: Jul 11
Last Checked: Jul 25 at 5:06AM
MLS# 2026003130
Copyright © 2026 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated duplex is configured as two separate, tenant-occupied units and is ready for an investor who wants income at or immediately after closing. Unit 1 is a 2-bedroom, 1-bath layout leased at $900 per month. Unit 2 is a 1-bedroom, 1-bath layout leased at $650 per month. Both units are currently occupied, which supports a straightforward ownership transition.
The property is located in East Baton Rouge Parish in Baton Rouge, Louisiana, at 2702-2704 Iroquois St (70805). The lot size is listed at 0.21 acres, and the total property size is 1,315 square feet. The property is identified as Flood Zone X.
This offering is best suited for investors seeking a performing residential income property with tenants already in place. Showings are by scheduled appointment only, and tenants should not be disturbed. Flood Zone X designation may also be a relevant consideration for underwriting and ongoing risk management.
The property is located in East Baton Rouge Parish in Baton Rouge, Louisiana, at 2702-2704 Iroquois St (70805). The lot size is listed at 0.21 acres, and the total property size is 1,315 square feet. The property is identified as Flood Zone X.
This offering is best suited for investors seeking a performing residential income property with tenants already in place. Showings are by scheduled appointment only, and tenants should not be disturbed. Flood Zone X designation may also be a relevant consideration for underwriting and ongoing risk management.
Key Highlights
- Income‑producing duplex with 2 tenant‑occupied units generating rent immediately
- Unit 1: 2BR/1BA leased for $900/month
- Unit 2: 1BR/1BA leased for $650/month
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.4k | $15.48 |
| − Vacancy | −$963 | −$0.73 |
| EGI | $19.4k | $14.75 |
| − OpEx | −$5.8k | −$4.42 |
| NOI | $13.6k | $10.32 |
1,315 SF · lease $15.48/SF/yr · vacancy 4.73% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$193.9K
$169.7K – $226.3K
NOI $13,575 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$172.0K
$150.5K – $200.7K
NOI $12,040 @ 7.0% cap · market cap 8.03%
Theoretical Best
Specialty Retail
$314.9K
$275.6K – $367.4K
NOI $22,045 @ 7.0% cap · market cap 14.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two tenant-occupied units provide immediate rental income for an investor purchase in Baton Rouge.
Where is this duplex located?
The property is located at 2702-2704 Iroquois St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Income‑producing duplex with 2 tenant‑occupied units generating rent immediately; Unit 1: 2BR/1BA leased for $900/month; Unit 2: 1BR/1BA leased for $650/month
