Duplex with New Roof and Central
440 West Drive Baton Rouge, LA 70806
For Sale
$305,000
Two 2-bedroom, 1-bath units, one up and one down, with a brand-new roof and updated interior and exterior paint.
Property Size2,470 SF
Price / SF$123.48
Days on Market378
Property Features for 440 West Drive
General Information
- Standard status
- Active
- Size
- 2,470 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Listing Agency:
Keller Williams Realty-First Choice
(225) 413-1650
Listed By:
Kyle C Petersen · License #0000017648
(225) 413-1650
Source:
Compass
Added: Jul 11, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:30AM
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-First Choice
Investment Insights
Based on property information with market context.
Built in the 1940s, this Mid City duplex offers two separate 2-bedroom, 1-bath homes arranged one upstairs and one downstairs. The property includes a brand-new roof and fresh interior and exterior paint. The upstairs unit features wood windows, gas central heat, and window-unit A/C. The downstairs unit is on central air.
The property is positioned within Mid City and is described as having commercial zoning. It is also noted as being steps from nearby dining options including Beer Garden, Rocca Pizza, and Curbside Burger. In addition, one tenant reportedly stayed for eight years.
The property is positioned within Mid City and is described as having commercial zoning. It is also noted as being steps from nearby dining options including Beer Garden, Rocca Pizza, and Curbside Burger. In addition, one tenant reportedly stayed for eight years.
Key Highlights
- Duplex with 2 units: both are 2 bedrooms and 1 full bath (one up, one down).
- Brand‑new roof plus updated interior and exterior paint.
- Upstairs unit includes gas central heat with window unit A/C and wood flooring.
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 | $38.2k | $15.48 |
| − Vacancy | −$1.8k | −$0.73 |
| EGI | $36.4k | $14.75 |
| − OpEx | −$10.9k | −$4.42 |
| NOI | $25.5k | $10.32 |
2,470 SF · lease $15.48/SF/yr · vacancy 4.73% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$364.3K
$318.7K – $425.0K
NOI $25,499 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$323.1K
$282.7K – $376.9K
NOI $22,616 @ 7.0% cap · market cap 7.42%
Theoretical Best
Specialty Retail
$591.5K
$517.6K – $690.1K
NOI $41,408 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units, one up and one down, with a brand-new roof and updated interior and exterior paint.
Where is this duplex located?
The property is located at 440 West Drive Baton Rouge, LA.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Duplex with 2 units: both are 2 bedrooms and 1 full bath (one up, one down).; Brand‑new roof plus updated interior and exterior paint.; Upstairs unit includes gas central heat with window unit A/C and wood flooring.
