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Fourplex Portfolio
New
For Sale
$1,170,000

1629 Starboard Dr #16, Baton Rouge, LA 70820

Each residence includes washer and dryer hookups, and tenants cover their utility costs.

Property Size17,184 SF
Price / SF$68.09
Days on Market4

Property Features for 1629 Starboard Dr #16

General Information

Standard status Active
Size 17,184 SF
Property subtype Multi-Family
Occupancy 95%

Financials

Asking Price $1,170,000
Gross Income $139,500

Additional Details

Multifamily Units 16

Amenities

washer & dryer hookups

Building Details

Buildings 4
Listing Agency: Southern Breeze Real Estate LLC
Listed By: Borne2Sell Realty
Source: Borne2sell
Added: Oct 16 Last Checked: Oct 16 at 1:57PM

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 Southern Breeze Real Estate LLC

Rey
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Investment Insights

Based on property information with market context.

The offering includes four fourplex buildings with 16 units in total. Washer and dryer hookups are provided in every unit, and tenants pay all utilities. Most roofs are approximately two years old or newer, and the buildings are described as well maintained.

The properties are about three miles south of LSU in Baton Rouge. The portfolio may be acquired together or as individual properties.

Key Highlights

  • 16 units across four fourplex buildings
  • 94.7% current occupancy
  • About three miles south of LSU in Baton Rouge

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Spa & Massage Center

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

Lease Details

16
Residential units
94.7%
Occupancy

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 70820, LA

23,470
Population
11,589
Households
2
Avg Household Size
26
Median Age
54%
College-Educated
94%
High-School Grad
20.6 sq mi
ZIP Area
1,139
Density / Sq Mi
$47,556
Median Household Income
$23,397
Median Earnings
$1,057
Median Rent
$293,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence includes washer and dryer hookups, and tenants cover their utility costs.
Where is this quadplex located?
The property is located at 1629 Starboard Dr #16 Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: 16 units across four fourplex buildings; 94.7% current occupancy; About three miles south of LSU in Baton Rouge
More about this property
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