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Renovated Multifamily Property
For Sale
$750,000

5071 Baker Blvd, Baker, LA 70714

Individually metered units include an on-site laundromat and recently rebuilt downstairs residences.

Property Size8,800 SF
Price / SF$85.23
Days on Market184

Property Features for 5071 Baker Blvd

General Information

Standard status Active
Size 8,800 SF
Property subtype Investment
Zoning B1

Additional Details

Utilities to Site Yes

Amenities

laundromat
Listing Agency: Cornerstone Management Group LLC
Listed By: Shannon Meyer · License #995706058
Source: Lacdb.resimplifi
Added: Feb 27 Changed: Aug 30 Last Checked: Aug 30 at 1:00PM

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 Cornerstone Management Group LLC

Investment Insights

Based on property information with market context.

This multifamily property contains 8,800 square feet and includes an on-site laundromat with 8 machines. Each unit is individually metered, allowing tenants to pay their own utilities. The downstairs residences were gutted and rebuilt with new doors, sheetrock, cabinets, and related improvements.

Major property systems have also received updates. Central HVAC systems were installed within approximately the last 5 years, while water heaters, electrical panels, meter pans, and wiring have been updated in most units. The property is zoned B1 and includes the addresses identified as 5071, 5081, and 5087 Baker Blvd.

Key Highlights

  • 8,800‑square‑foot multifamily property with an on‑site laundromat
  • Laundromat includes 8 machines
  • Downstairs units rebuilt with new doors, sheetrock, and cabinets

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Nail Salon Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby

Demographics for 70714, LA

18,954
Population
7,278
Households
2.6
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
34.6 sq mi
ZIP Area
548
Density / Sq Mi
$60,333
Median Household Income
$36,390
Median Earnings
$1,026
Median Rent
$158,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Individually metered units include an on-site laundromat and recently rebuilt downstairs residences.
Where is this multifamily property located?
The property is located at 5071 Baker Blvd Baker, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 8,800‑square‑foot multifamily property with an on‑site laundromat; Laundromat includes 8 machines; Downstairs units rebuilt with new doors, sheetrock, and cabinets
More about this property
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