Duplex
For Sale
$225,000
1011 Seville Avenue, Baker, LA 70714
Apartment B includes an in-unit washer and dryer for everyday laundry needs.
Property Size2,010 SF
Price / SF$111.94
Days on Market14
Property Features for 1011 Seville Avenue
General Information
Standard status
Active
Size
2,010 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Amenities
washer dryer
Building Details
Year Renovated
2016
Listing Agency:
Congress Realty, Inc.
Listed By:
Jared English · License #0561973
(888) 881-4118
Source:
Exprealty
Added: Oct 5
Changed: Oct 17
Last Checked: Oct 16 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Congress Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Apartment B is part of a duplex and has three bedrooms, two bathrooms and 2,010 square feet of property size. A washer and dryer are included. The property underwent a total rebuild in 2016, and the roof is 10 years old.
The address is 1011 Seville Avenue in Baker, Louisiana 70714.
The address is 1011 Seville Avenue in Baker, Louisiana 70714.
Key Highlights
- Three bedrooms and two bathrooms in Apartment B
- 2,010 square feet
- Total rebuild completed in 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,745
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,900
$374.9K
Cap Rate 7%
$267,786
$267.8K
Cap Rate 9%
$208,278
$208.3K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$36.2K $18.00/SF
− Vacancy
−$2.1K −$1.04/SF
EGI
$34.1K $16.96/SF
− OpEx
−$15.3K −$7.63/SF
NOI
$18.7K $9.33/SF
Area
East Baton Rouge County, LA
Vacancy
5.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,900
Cap Rate 7%
$267,786
Cap Rate 9%
$208,278
Alternative Uses
Best Use
Apartment 5plus
$267.8K
$234.3K – $312.4K
NOI $18,745 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$414.7K
$362.8K – $483.8K
NOI $29,027 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 70714, LA
18,954
Population
7,278
Households
2.6
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
34.6 sq mi
ZIP Area
548
Density / Sq Mi
$60,333
Median Household Income
$36,390
Median Earnings
$1,026
Median Rent
$158,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Apartment B includes an in-unit washer and dryer for everyday laundry needs.
Where is this residential income property located?
The property is located at 1011 Seville Avenue Baker, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms in Apartment B; 2,010 square feet; Total rebuild completed in 2016
