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Five-Unit Apartment Building with Storage
For Sale
$280,000
Pending

2116 Fairchild St, Baton Rouge, LA 70807

Five apartment units with storage room, some units need renovation.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market939

Property Features for 2116 Fairchild St

General Information

Standard status Pending
Lot size 0.12 Acres

Taxes and HOA fees

Annual Taxes $2,175
Listing Agency: Pennant Real Estate
Listed By: Jennifer Hebert · License #0995693980
Source: Exprealty
Added: Feb 5, 2024 Changed: Aug 20 Last Checked: Aug 30 at 11:41PM

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 Pennant Real Estate

Investment Insights

Based on property information with market context.

The property features five apartment units and a storage room. Unit A is a three-bedroom, two-bathroom unit that requires renovation. Unit B is a two-bedroom, one-bathroom unit, also needing renovation. Unit C is a two-bedroom, one-bathroom unit; one of its bedrooms was recently tenant-occupied at a rate of $850 per month. Unit D is a one-bedroom, one-and-a-half-bathroom unit and was recently tenant-occupied at $930 per month. Unit E is a two-bedroom, one-bathroom unit. The storage room is finished with flooring and drywall and could potentially be connected to one of the units to serve as an additional bedroom.

Key Highlights

  • Multiple Income‑Generating Units (5 apartments)
  • Storage room can be converted into an additional bedroom for one of the units
  • Two Units are Currently Tenant Occupied (Units C & D)

Property Analytics

Current Use

Joscol High End ... Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage HVAC Service Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 70807, LA

16,091
Population
6,645
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
78%
High-School Grad
25.3 sq mi
ZIP Area
636
Density / Sq Mi
$27,064
Median Household Income
$24,248
Median Earnings
$917
Median Rent
$113,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five apartment units with storage room, some units need renovation.
Where is this apartment building located?
The property is located at 2116 Fairchild St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Multiple Income‑Generating Units (5 apartments); Storage room can be converted into an additional bedroom for one of the units; Two Units are Currently Tenant Occupied (Units C & D)
More about this property
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