Updated Two-Unit
For Sale
$249,900
12467-69 Warfield Ave, Baton Rouge, LA 70815
Two residences offer distinct bedroom counts, with refreshed kitchens and recent building-system improvements.
Property Size2,419 SF
Price / SF$103.31
Days on Market10
Property Features for 12467-69 Warfield Ave
General Information
Standard status
Active
Size
2,419 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1.5BA, 1 x 3BR/1.5BA
Multifamily Units
2
Listing Agency:
225BROKER
Listed By:
Rosa Hernandez Beltran · License #B24941
(225) 443-0055
Source:
Smartmove225
Added: Sep 28
Changed: Oct 4
Last Checked: Oct 7 at 8:59AM
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 225BROKER
Investment Insights
Based on property information with market context.
This 2,419-square-foot duplex at 12467-69 Warfield Ave in Baton Rouge contains two residences: one with 2 bedrooms and 1.5 bathrooms, and another with 3 bedrooms and 1.5 bathrooms. Improvements include a replacement roof, new air-conditioning units and refrigerators, refreshed flooring and paint, and updated kitchen cabinetry. Plumbing and electrical systems have also been updated.
Key Highlights
- 2,419‑square‑foot duplex at 12467‑69 Warfield Ave
- One residence has 2 bedrooms and 1.5 bathrooms; the other has 3 bedrooms and 1.5 bathrooms
- New roof, air‑conditioning units, and refrigerators
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,149
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,980
$443.0K
Cap Rate 7%
$316,414
$316.4K
Cap Rate 9%
$246,100
$246.1K
Market Conditions
NOI Build-Up for 2,419 SF
Gross rent
$42.4K $17.52/SF
− Vacancy
−$2.1K −$0.87/SF
EGI
$40.3K $16.65/SF
− OpEx
−$18.1K −$7.49/SF
NOI
$22.1K $9.16/SF
Area
Baton Rouge, LA
Vacancy
4.98%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,980
Cap Rate 7%
$316,414
Cap Rate 9%
$246,100
Alternative Uses
Best Use
Multifamily LT 5
$356.7K
$312.2K – $416.2K
NOI $24,972 @ 7.0% cap · market cap 9.99%
Second Best
Apartment 5plus
$316.4K
$276.9K – $369.2K
NOI $22,149 @ 7.0% cap · market cap 8.86%
Theoretical Best
Specialty Retail
$579.3K
$506.9K – $675.9K
NOI $40,553 @ 7.0% cap · market cap 16.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Explore this area
Business Placement
Demographics for 70815, LA
29,376
Population
12,060
Households
2.4
Avg Household Size
37
Median Age
30%
College-Educated
86%
High-School Grad
9.5 sq mi
ZIP Area
3,092
Density / Sq Mi
$55,804
Median Household Income
$36,158
Median Earnings
$984
Median Rent
$213,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct bedroom counts, with refreshed kitchens and recent building-system improvements.
Where is this duplex located?
The property is located at 12467-69 Warfield Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 2,419‑square‑foot duplex at 12467‑69 Warfield Ave; One residence has 2 bedrooms and 1.5 bathrooms; the other has 3 bedrooms and 1.5 bathrooms; New roof, air‑conditioning units, and refrigerators
