Updated Duplex with Walk-In
New
For Sale
$125,000
3363 King Bradford Dr, Baton Rouge, LA 70816
Two-unit property with refreshed interiors, functional living areas, and added storage in the primary bedroom.
Property Size1,125 SF
Price / SF$111.11
Days on Market7
Property Features for 3363 King Bradford Dr
General Information
Standard status
Active
Size
1,125 SF
Property subtype
Multi-Family
Building Details
Year Built
1981
Listing Agency:
Keller Williams Realty Bayou P
(225) 937-0900
Listed By:
Borne2Sell Realty
(225) 937-0900
Source:
Borne2sell
Added: Aug 26
Changed: Aug 31
Last Checked: Sep 1 at 6:04PM
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 Keller Williams Realty Bayou P
Investment Insights
Based on property information with market context.
Built in 1981, this duplex combines a two-unit layout with recently refreshed interior finishes. The described unit includes three bedrooms, one full bathroom, one half bathroom, and a primary bedroom with a large walk-in closet. The property measures 1,125 square feet and offers practical living space within a residential income configuration.
A roof replacement completed within the past few years adds a recent major improvement to the property. The address is in Baton Rouge, Louisiana, providing a defined location for an owner-occupant or investor evaluating a duplex asset.
A roof replacement completed within the past few years adds a recent major improvement to the property. The address is in Baton Rouge, Louisiana, providing a defined location for an owner-occupant or investor evaluating a duplex asset.
Key Highlights
- Duplex configuration with flexible two‑unit residential layout
- Described unit includes 3 bedrooms and 1.5 bathrooms
- 1,125 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,301
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$206,020
$206.0K
Cap Rate 7%
$147,157
$147.2K
Cap Rate 9%
$114,456
$114.5K
Market Conditions
NOI Build-Up for 1,125 SF
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.
Gross rent
$19.7K $17.52/SF
− Vacancy
−$982 −$0.87/SF
EGI
$18.7K $16.65/SF
− OpEx
−$8.4K −$7.49/SF
NOI
$10.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$206,020
Cap Rate 7%
$147,157
Cap Rate 9%
$114,456
Alternative Uses
Best Use
Multifamily LT 5
$165.9K
$145.2K – $193.6K
NOI $11,614 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$147.2K
$128.8K – $171.7K
NOI $10,301 @ 7.0% cap · market cap 8.24%
Theoretical Best
Specialty Retail
$269.4K
$235.8K – $314.3K
NOI $18,860 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
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-unit property with refreshed interiors, functional living areas, and added storage in the primary bedroom.
Where is this duplex located?
The property is located at 3363 King Bradford Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Duplex configuration with flexible two‑unit residential layout; Described unit includes 3 bedrooms and 1.5 bathrooms; 1,125 square feet of property size
