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    Residential Income Property Title is generated by Realmo AI

    1816 Olive Street Unit 2, Baton Rouge, LA 70802

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    For Sale
    $312,000

    Residential income property for sale at 1816 Olive Street, Unit 2, Baton Rouge.

    Type:MULTI FAMILY FOR SALE / Townhouse
    Property size:
    2,264 SF
    Price / SF:
    $137/SF
    Added:
    Jun 2, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 3:32 am

    Property Features for 1816 Olive Street Unit 2

    General Information

    Standard status
    Active
    Size
    2,264 SF
    Property subtype
    MULTI FAMILY FOR SALE / Townhouse

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    Listing Contact
    Jewel P Fourrier
    Jewel P Fourrier

    Listing agent Jewel P Fourrier License #0995684953

    Listing office Highroad Realty, LLC

    Listing date Jun 2, 2026

    Source Compass

    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 Highroad Realty, LLC

    HighLights

    • 4‑bedroom residential income property at 1816 Olive Street, Unit 2, Baton Rouge
    • 2 full bathrooms and 1 partial bathroom (3 total)
    • Central air and central heating with 2 AC units and 2 heating units
    • Interior features include 9+ ft ceilings; flooring includes ceramic tile and wood
    • Kitchen appliances include gas cooktop, dishwasher, and range/oven
    • Brick and stucco exterior with a shingle roof; deck and porch; partial/privacy/wood fencing

    Overview

    This offering is categorized as a residential income property, presented for sale as 1816 Olive Street, Unit 2. The available record does not include further interior or exterior detail at this time, and additional property information is noted as coming soon.

    The property is located at 1816 Olive Street, Unit 2 in Baton Rouge, Louisiana 70802. No additional information is provided regarding building type, unit configuration beyond the referenced unit number, or any notable site features.

    For buyers or investors seeking a residential income asset in Baton Rouge, this listing provides a defined address and ownership structure tied to Unit 2. Because detailed operating data and property-specific improvements are not included in the current materials, prospective purchasers should plan to conduct their own due diligence and confirm unit condition, layout, and any income-related records directly with the seller or listing representative before making a decision.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $39.7k $17.52
    − Vacancy −$2.0k −$0.87
    EGI $37.7k $16.65
    − OpEx −$17.0k −$7.49
    NOI $20.7k $9.16
    2,264 SF · lease $17.52/SF/yr · vacancy 4.98% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $296.1K
    $259.1K – $345.5K (±1% cap)
    NOI $20,729 @ 7.0% cap · market cap 6.64%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $542.2K
    $474.4K – $632.6K (±1% cap)
    NOI $37,955 @ 7.0% cap · market cap 12.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    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
    -91.1696697
    Latitude
    30.4391705

    FAQs

    What type of property is this?
    Residential income property - Residential income property for sale at 1816 Olive Street, Unit 2, Baton Rouge.
    Where is this residential income property located?
    The property is located at 1816 Olive Street Unit 2 Baton Rouge, LA.
    What is the asking price?
    The asking price for this property is $312,000.
    What are key features of this property?
    This property features: 4‑bedroom residential income property at 1816 Olive Street, Unit 2, Baton Rouge; 2 full bathrooms and 1 partial bathroom (3 total); Central air and central heating with 2 AC units and 2 heating units
    More about this property
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