Renovated
New
For Sale
$350,000
120 Maximillian St, Baton Rouge, LA 70802
One apartment is leased, while the second is vacant and ready for occupancy or a new tenancy.
Property Size2,316 SF
Price / SF$151.12
Days on Market5
Property Features for 120 Maximillian St
General Information
Standard status
Active
Size
2,316 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
shared laundry area
Building Details
Buildings
1
Listing Agency:
MG3 Realty
Listed By:
Beau Maginnis
(225) 937-9795
Source:
Exprealty
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:28PM
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 MG3 Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,316-square-foot duplex in Beauregard Town contains two apartments: a downstairs one-bedroom, one-bath unit and an upstairs two-bedroom, one-bath unit. The lower apartment is leased, and the upper apartment is vacant. Renovated interiors include updated kitchens and bathrooms, granite countertops, and refreshed fixtures.
A shared laundry area is located at the rear of the building. The washer and dryer are not included in the sale.
A shared laundry area is located at the rear of the building. The washer and dryer are not included in the sale.
Key Highlights
- 2,316‑square‑foot duplex with one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
- Downstairs apartment is leased; upstairs apartment is vacant
- Renovated kitchens and bathrooms with granite countertops and updated fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,909
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,180
$478.2K
Cap Rate 7%
$341,557
$341.6K
Cap Rate 9%
$265,656
$265.7K
Market Conditions
NOI Build-Up for 2,316 SF
Gross rent
$35.9K $15.48/SF
− Vacancy
−$1.7K −$0.73/SF
EGI
$34.2K $14.75/SF
− OpEx
−$10.2K −$4.42/SF
NOI
$23.9K $10.32/SF
Area
Baton Rouge, LA
Vacancy
4.73%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,180
Cap Rate 7%
$341,557
Cap Rate 9%
$265,656
Alternative Uses
Best Use
Multifamily LT 5
$341.6K
$298.9K – $398.5K
NOI $23,909 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$302.9K
$265.1K – $353.4K
NOI $21,206 @ 7.0% cap · market cap 6.06%
Theoretical Best
Specialty Retail
$554.7K
$485.3K – $647.1K
NOI $38,826 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,741
Businesses Nearby
Explore this area
Business Placement
Demographics for 70802, LA
26,519
Population
13,887
Households
1.9
Avg Household Size
29
Median Age
24%
College-Educated
82%
High-School Grad
7.1 sq mi
ZIP Area
3,735
Density / Sq Mi
$34,082
Median Household Income
$23,215
Median Earnings
$935
Median Rent
$105,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One apartment is leased, while the second is vacant and ready for occupancy or a new tenancy.
Where is this duplex located?
The property is located at 120 Maximillian St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,316‑square‑foot duplex with one 1‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit; Downstairs apartment is leased; upstairs apartment is vacant; Renovated kitchens and bathrooms with granite countertops and updated fixtures
