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Renovated 19-Unit Apartment Building
For Sale
$600,000

770 Monet Dr, Baton Rouge, LA 70806

Renovated multifamily property with on-site laundry, gated access, and a dedicated parking lot.

Property Size15,000 SF
Price / SF$40
Days on Market222

Property Features for 770 Monet Dr

General Information

Standard status Active
Size 15,000 SF
Property subtype Investment
Zoning A4
Occupancy 47%

Additional Details

Multifamily Units 19

Amenities

on-site laundry facility
large parking lot
gate for secure access

Building Details

Tenancy Multiple Tenants
Listing Agency: JRE Brokerage
Listed By: Mark Segalla · License #SALE.995699471‑ACT
Source: Lacdb.resimplifi
Added: Jan 22 Changed: Aug 31 Last Checked: Aug 31 at 1:08PM

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 recently renovated apartment property contains 19 units and includes an on-site laundry facility, a large parking lot, and gated access. The property is currently 47% occupied and is zoned A4.

Located at 770 Monet Dr in Baton Rouge, the complex sits 0.4 mile from Florida Boulevard at Bon Carré. The property is offered individually or as part of a larger 62-unit portfolio that includes Monet II and Monet III.

Key Highlights

  • 19‑unit apartment property
  • Recently renovated multifamily complex
  • 47% current occupancy

Property Analytics

Current Use

Growing Flowers Independant ... Nursing Home

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.

Lease Details

19
Residential units
47%
Occupancy

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with on-site laundry, gated access, and a dedicated parking lot.
Where is this apartment building located?
The property is located at 770 Monet Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 19‑unit apartment property; Recently renovated multifamily complex; 47% current occupancy
More about this property
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