Fully Occupied Fourplex
277 Chatsworth St Baton Rouge, LA 70802
New
277 Chatsworth St, Baton Rouge, LA, 70802
$399,990
For Sale
$399,990
MULTI_FAMILY - Baton Rouge, LA
Property Size2,400 SF
Lot Size0.18 Acres
Price / SF$166.66
Days on Market2
Property Features for 277 Chatsworth St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking
- 4
- Appliances
- Electric Cooktop
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- WARD: 1-3, SUBDIVISION: MAGNOLIAPLACE, LOT: 13, BLOCK: 1.
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Building materials
- Wood Siding, Frame
Listing agency
Keller Williams Realty Red Stick Partners
(225) 768-1800
Listed by
Clonise Stewart · License #0000007968
(225) 768-1800
Added: Jul 20 Checked: Jul 21 at 7:06AM
MLS# 2026013254
Copyright © 2026 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully occupied fourplex offers four income-producing units for an owner seeking stabilized rental revenue. The property includes two units leased at $1,250 per month and two units leased at $1,050 per month, totaling $4,600 in gross monthly rental income. Tenants are responsible for their own utilities, and pay an additional $70 per month for water and sewer.
Located at 277 Chatsworth St in Baton Rouge, Louisiana 70802 (East Baton Rouge Parish), the property sits on a 0.18-acre lot and is approximately 2,400 square feet. The configuration and utility billing structure are designed to support straightforward day-to-day operations for a single, consolidated ownership.
Offered for sale as a turnkey, income-producing asset, this fourplex is a practical option for investors looking to acquire an operating property with existing tenants.
Located at 277 Chatsworth St in Baton Rouge, Louisiana 70802 (East Baton Rouge Parish), the property sits on a 0.18-acre lot and is approximately 2,400 square feet. The configuration and utility billing structure are designed to support straightforward day-to-day operations for a single, consolidated ownership.
Offered for sale as a turnkey, income-producing asset, this fourplex is a practical option for investors looking to acquire an operating property with existing tenants.
Key Highlights
- Fully occupied fourplex with 4 income‑producing units
- Gross monthly rental income of $4,600: two units at $1,250/month and two units at $1,050/month
- Tenants pay their own utilities and add $70/month for water and sewer
Local Financial Insights For Multifamily LT 5
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 | $37.2k | $15.48 |
| − Vacancy | −$1.8k | −$0.73 |
| EGI | $35.4k | $14.75 |
| − OpEx | −$10.6k | −$4.42 |
| NOI | $24.8k | $10.32 |
2,400 SF · lease $15.48/SF/yr · vacancy 4.73% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$353.9K
$309.7K – $412.9K
NOI $24,776 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$313.9K
$274.7K – $366.3K
NOI $21,975 @ 7.0% cap · market cap 5.49%
Theoretical Best
Specialty Retail
$574.8K
$502.9K – $670.6K
NOI $40,234 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex with four rental units; tenants pay utilities plus $70 monthly water and sewer charge.
Where is this quadplex located?
The property is located at 277 Chatsworth St Baton Rouge, LA.
What is the asking price?
The asking price for this property is $399,990.
What are key features of this property?
This property features: Fully occupied fourplex with 4 income‑producing units; Gross monthly rental income of $4,600: two units at $1,250/month and two units at $1,050/month; Tenants pay their own utilities and add $70/month for water and sewer
