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Multifamily Portfolio in Baton Rouge
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770-888 Monet Dr, Baton Rouge, LA 70806

Three adjacent apartment complexes totaling 62 units for sale.

Property SizeContact for details
Days on Market227

Property Features for 770-888 Monet Dr

General Information

Standard status Active
Property subtype Multifamily
Zoning A4 – General Multi Family Residential

Building Details

Buildings 3
Stories 2
Units 62
Listing Agency: JRE Brokerage
Listed By: Mark Segalla · License #SALE.995699471‐ACT
Source: Crexi
Added: Jan 21 Changed: Aug 25 Last Checked: Aug 31 at 9:44PM

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 JRE Brokerage

Investment Insights

Based on property information with market context.

This multifamily portfolio consists of three adjacent complexes: Monet I (770 Monet Dr), Monet II (844–846 Monet Dr), and Monet III (888 Monet Dr), situated 0.4 miles from Florida Boulevard at Bon Carré. The portfolio comprises a total of 62 units across the three buildings. Monet I has 19 units and is 47% occupied, with 9 units currently leased. Monet II contains 23 units and is 52% occupied, with 12 units currently leased. Monet III includes 20 vacant units. Each complex features a dedicated parking lot. The properties offer potential for increased value through lease-up and renovation strategies. The portfolio is available for combined or individual acquisition.

Key Highlights

  • Multifamily portfolio consisting of three adjacent complexes.
  • Total of 62 units across three buildings.
  • Significant upside potential through lease‑up and renovation strategies.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Acupuncture Butcher

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

Location Intelligence

Trade Area within ½ mile

984
Businesses Nearby

Demographics for 70806, LA

27,898
Population
14,972
Households
1.9
Avg Household Size
37
Median Age
40%
College-Educated
90%
High-School Grad
8.9 sq mi
ZIP Area
3,135
Density / Sq Mi
$53,430
Median Household Income
$41,894
Median Earnings
$1,014
Median Rent
$321,400
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?
Apartment building - Three adjacent apartment complexes totaling 62 units for sale.
Where is this apartment building located?
The property is located at 770-888 Monet Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Multifamily portfolio consisting of three adjacent complexes.; Total of 62 units across three buildings.; Significant upside potential through lease‑up and renovation strategies.
More about this property
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