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Renovated Multifamily Property with Laundromat
For Sale
$855,000

5081 Baker Boulevard, Baker, LA 70714

Multifamily property with individually metered utilities, renovated lower-level units, and an on-site laundromat.

Property Size8,800 SF
Price / SF$97.16
Days on Market198

Property Features for 5081 Baker Boulevard

General Information

Standard status Active
Size 8,800 SF
Property subtype MULTI FAMILY FOR SALE / Townhouse

Additional Details

Utilities to Site Yes

Amenities

on-site laundry
Central Air
Central
6
14
Individual Meter
12
Slab: Traditional
2
Brick, Frame, Other
Listing Agency: Cornerstone Management Group LLC
Listed By: Justen R Rider · License #0912124108
Source: Compass
Added: Feb 13 Changed: Aug 30 Last Checked: Aug 30 at 6:00AM

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 8,800-square-foot multifamily property includes an on-site laundromat equipped with 8 machines. Utilities are individually metered, allowing tenants to pay their own utility costs. The downstairs units were rebuilt with new doors, sheetrock, cabinets, and related improvements.

Building systems include central HVAC installed within approximately the last 5 years, newer water heaters, and updated electrical panels, meter pans, and wiring in most units. The property is located at 5081 Baker Boulevard in Baker, Louisiana. Current ownership has used conservative tenant-qualification standards and has not pursued leasing proactively.

Key Highlights

  • 8,800‑square‑foot multifamily property at 5081 Baker Boulevard, Baker, LA 70714
  • On‑site laundromat with 8 machines
  • Downstairs units rebuilt with new doors, sheetrock, cabinets, and related improvements

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Kitchen & Bath Showroom Nail Salon 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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property with individually metered utilities, renovated lower-level units, and an on-site laundromat.
Where is this multifamily property located?
The property is located at 5081 Baker Boulevard Baker, LA.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: 8,800‑square‑foot multifamily property at 5081 Baker Boulevard, Baker, LA 70714; On‑site laundromat with 8 machines; Downstairs units rebuilt with new doors, sheetrock, cabinets, and related improvements
More about this property
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