Occupied Fourplex with Two-Bedroom
For Sale
$400,000
6368 Quin Dr, Baton Rouge, LA 70817
Four apartments provide established occupancy, full kitchen appliances, and electric washer/dryer connections.
Property Size3,896 SF
Price / SF$102.67
Days on Market49
Property Features for 6368 Quin Dr
General Information
Standard status
Active
Size
3,896 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Jefferson / Tiger Bend
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Building Details
Buildings
1
Listing Agency:
Real Broker LLC
Listed By:
Natasha Amaya Engle · License #B14193
(855) 450-0442
Source:
Soldbyqueen
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 20 at 6:01PM
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 Real Broker LLC
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Investment Insights
Based on property information with market context.
This 3,896-square-foot fourplex contains four two-bedroom, two-bathroom apartments, creating a consistent residential income configuration. Each unit includes a refrigerator, range, dishwasher, and electric washer/dryer connections. The property is fully occupied, with several long-term residents, including some with more than 20 years of occupancy.
Residents pay their own electricity, while ownership covers water, sewer, and trash. The property is located at 6368 Quin Dr in Baton Rouge, near Airline Highway, Women’s Hospital, restaurants, shopping, and everyday amenities. It is in Flood Zone X, and flood insurance is optional. The property did not flood in 2016. Unit showings are available after the seller accepts a Purchase Agreement.
Residents pay their own electricity, while ownership covers water, sewer, and trash. The property is located at 6368 Quin Dr in Baton Rouge, near Airline Highway, Women’s Hospital, restaurants, shopping, and everyday amenities. It is in Flood Zone X, and flood insurance is optional. The property did not flood in 2016. Unit showings are available after the seller accepts a Purchase Agreement.
Key Highlights
- Fully occupied fourplex with four residential units
- Four 2‑bedroom, 2‑bathroom units
- 3,896 square feet of total property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,672
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,440
$713.4K
Cap Rate 7%
$509,600
$509.6K
Cap Rate 9%
$396,356
$396.4K
Market Conditions
NOI Build-Up for 3,896 SF
Gross rent
$68.3K $17.52/SF
− Vacancy
−$3.4K −$0.87/SF
EGI
$64.9K $16.65/SF
− OpEx
−$29.2K −$7.49/SF
NOI
$35.7K $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%
$713,440
Cap Rate 7%
$509,600
Cap Rate 9%
$396,356
Alternative Uses
Best Use
Multifamily LT 5
$574.6K
$502.8K – $670.3K
NOI $40,220 @ 7.0% cap · market cap 10.06%
Second Best
Apartment 5plus
$509.6K
$445.9K – $594.5K
NOI $35,672 @ 7.0% cap · market cap 8.92%
Theoretical Best
Specialty Retail
$933.1K
$816.4K – $1.09M
NOI $65,314 @ 7.0% cap · market cap 16.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 70817, LA
35,025
Population
14,106
Households
2.5
Avg Household Size
40
Median Age
50%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
1,379
Density / Sq Mi
$102,878
Median Household Income
$58,613
Median Earnings
$1,363
Median Rent
$288,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments provide established occupancy, full kitchen appliances, and electric washer/dryer connections.
Where is this quadplex located?
The property is located at 6368 Quin Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Fully occupied fourplex with four residential units; Four 2‑bedroom, 2‑bathroom units; 3,896 square feet of total property size
