Fully Occupied
For Sale
$350,000
4352 Stumberg Ln, Baton Rouge, LA 70816
Three residential units are leased to long-term tenants.
Property Size3,300 SF
Price / SF$106.06
Days on Market72
Property Features for 4352 Stumberg Ln
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Multi-Family
Listing Agency:
Southland Properties Inc
Listed By:
Steven Hayden · License #0995701235
(225) 751-0093
Source:
Smithsquared
Added: Aug 9
Changed: Oct 14
Last Checked: Oct 7 at 1:09PM
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 Southland Properties Inc
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Investment Insights
Based on property information with market context.
This 3,300-square-foot triplex contains three residential units and is fully occupied. The property is configured as a residential rental asset with long-term tenants in place.
Located at 4352 Stumberg Ln in Baton Rouge, Louisiana, the property is offered as a multifamily investment asset. Its existing occupancy and three-unit configuration provide an established rental setup for a new or existing owner.
Located at 4352 Stumberg Ln in Baton Rouge, Louisiana, the property is offered as a multifamily investment asset. Its existing occupancy and three-unit configuration provide an established rental setup for a new or existing owner.
Key Highlights
- Three‑unit multifamily property
- 3,300 square feet of building area
- Fully occupied at the time of listing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,215
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$604,300
$604.3K
Cap Rate 7%
$431,643
$431.6K
Cap Rate 9%
$335,722
$335.7K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$57.8K $17.52/SF
− Vacancy
−$2.9K −$0.87/SF
EGI
$54.9K $16.65/SF
− OpEx
−$24.7K −$7.49/SF
NOI
$30.2K $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%
$604,300
Cap Rate 7%
$431,643
Cap Rate 9%
$335,722
Alternative Uses
Best Use
Multifamily LT 5
$486.7K
$425.8K – $567.8K
NOI $34,067 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$431.6K
$377.7K – $503.6K
NOI $30,215 @ 7.0% cap · market cap 8.63%
Theoretical Best
Specialty Retail
$790.3K
$691.5K – $922.0K
NOI $55,322 @ 7.0% cap · market cap 15.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
391
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
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Cap Rate, Value Estimation, Potential NOI and more
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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 are leased to long-term tenants.
Where is this triplex located?
The property is located at 4352 Stumberg Ln Baton Rouge, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three‑unit multifamily property; 3,300 square feet of building area; Fully occupied at the time of listing
