Triplex with Detached
4170 Janet Ave, Baton Rouge, LA 70820
For Sale
$468,000
Three residential units include a primary home and two separately metered apartments near Tiger Stadium.
Property Size4,288 SF
Price / SF$109.14
Days on Market96
Property Features for 4170 Janet Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Buildings
Listing Agency:
KW Commercial Baton Rouge
Listed By:
David Vercher · License LA #0000070595
(225) 768-1889
Source:
Larry.agent225
Added: Aug 10
Changed: Nov 7
Last Checked: Nov 12 at 11:08AM
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 KW Commercial Baton Rouge
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Investment Insights
Based on property information with market context.
This triplex comprises approximately 4,288 SF of living area across three units. The principal residence contains 2,400 SF with three bedrooms and two bathrooms. Two detached apartments add 577 SF with one bedroom and one bathroom, plus 1,311 SF with three bedrooms and two bathrooms. The apartments are separately metered, providing distinct utility metering for those units.
The property is currently vacant and requires cosmetic improvements. Its location is within walking distance of Tiger Stadium and near LSU, placing the residential asset in an established university-area setting. The existing configuration provides three separate residential components within one property, with the detached apartment arrangement supporting operational separation from the main residence.
The property is currently vacant and requires cosmetic improvements. Its location is within walking distance of Tiger Stadium and near LSU, placing the residential asset in an established university-area setting. The existing configuration provides three separate residential components within one property, with the detached apartment arrangement supporting operational separation from the main residence.
Key Highlights
- Approximately 4,288 SF distributed among three residential units
- 2,400 SF main residence with 3 BR and 2 BA
- Detached 577 SF apartment with 1 BR and 1 BA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,261
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,220
$785.2K
Cap Rate 7%
$560,871
$560.9K
Cap Rate 9%
$436,233
$436.2K
Market Conditions
NOI Build-Up for 4,288 SF
Gross rent
$75.1K $17.52/SF
− Vacancy
−$3.7K −$0.87/SF
EGI
$71.4K $16.65/SF
− OpEx
−$32.1K −$7.49/SF
NOI
$39.3K $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 Rate 5%
$785,220
Cap Rate 7%
$560,871
Cap Rate 9%
$436,233
Alternative Uses
Best Use
Multifamily LT 5
$632.4K
$553.3K – $737.8K
NOI $44,267 @ 7.0% cap · market cap 9.46%
Second Best
Apartment 5plus
$560.9K
$490.8K – $654.4K
NOI $39,261 @ 7.0% cap · market cap 8.39%
Theoretical Best
Specialty Retail
$1.03M
$898.6K – $1.20M
NOI $71,886 @ 7.0% cap · market cap 15.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include a primary home and two separately metered apartments near Tiger Stadium.
Where is this triplex located?
The property is located at 4170 Janet Ave Baton Rouge, LA.
What is the asking price?
The asking price for this property is $468,000.
What are key features of this property?
This property features: Approximately 4,288 SF distributed among three residential units; 2,400 SF main residence with 3 BR and 2 BA; Detached 577 SF apartment with 1 BR and 1 BA
