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    3294-3298 Ivanhoe St Baton Rouge, LA 70802

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    For Sale
    $1,075,000

    Renovated seven-unit apartment complex near LSU with high occupancy.

    Property size:
    7,337 SF

    Property Features for 3294-3298 Ivanhoe St

    General Information

    Size
    7,337 SF

    Source: Andrew D'Ostilio, CCIM Agent Andrew D'Ostilio, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Seven-Unit Complex Near LSU Campus

    This seven-unit apartment complex is located on the north side of LSU's campus. The property consists of two buildings situated on two adjoining lots in a primarily residential rental neighborhood. Its proximity to LSU's campus provides a large student tenant base. The property has historically maintained 100% occupancy levels. Most tenants are upperclassmen or graduate students at LSU. Each unit features vintage hardwood flooring, arch doorways, solid wood doors, and tile bathrooms. Each apartment includes a living room, dining room, kitchen, bedroom areas, and a single full bath. All units have a washer/dryer, a free-standing range/oven, a refrigerator, and central air conditioning. The property has access to surrounding retail, restaurants, coffee shops, and attractions like the LSU Lakes. Interior and exterior renovations totaling $300,000 were completed in 2013. There are 12 parking spaces onsite, with additional on-street parking available. The property is within walking distance of LSU's campus and offers ample nearby amenities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baton Rouge
    County
    East Baton Rouge
    State
    Louisiana
    Longitude
    -91.1732194
    Latitude
    30.4179954

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    FAQs

    What type of property is this?
    Apartment building - Renovated seven-unit apartment complex near LSU with high occupancy.
    Where is this apartment building located?
    The property is located at 3294-3298 Ivanhoe St Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: - Walking distance to LSU's campus, providing a large student tenant base.; - Historically maintains 100% occupancy.; - Each unit has a washer and dryer.
    (225) 678-8851
    Request Owner's contact information
    3294-3298 Ivanhoe St Baton Rouge, LA 70802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3294-3298 Ivanhoe St Baton Rouge, LA 70802
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