New Construction
For Sale
$349,900
8020-8022 Ned Avenue, Baton Rouge, LA 70820
Two-unit property with central air, patios, and contemporary interior finishes suited to residential income use.
Property Size2,975 SF
Price / SF$117.61
Days on Market181
Property Features for 8020-8022 Ned Avenue
General Information
Standard status
Active
Size
2,975 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Amenities
Central Air, Ceiling Fan(s)
Central
Dishwasher, Range/Oven
4
6
Ceiling Fans, Smoke Detector
2
Slab: Traditional
1
Cement Siding, Frame
Patio
Listing Agency:
Texan Vista Realty
(832) 266-5091
Listed By:
Wayne Williams · License #0816160
(832) 266-5091
Source:
Compass
Added: Mar 4
Changed: Aug 30
Last Checked: Aug 31 at 10:27PM
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 Texan Vista Realty
Investment Insights
Based on property information with market context.
This new-construction duplex contains 2,975 square feet, with each residence arranged as a three-bedroom, two-bathroom unit. Interior features include central air, ceiling fans, a dishwasher, and a range/oven, while each side also includes a patio. The building uses cement siding and frame construction over a traditional slab foundation.
Located at 8020-8022 Ned Avenue in Baton Rouge, Louisiana, the property is one of three duplex units currently available. Anticipated completion is April 30, with closing projected for May 1. When an owner occupies one unit, the property qualifies for FHA, VA, or Conventional financing, subject to applicable lender requirements.
Located at 8020-8022 Ned Avenue in Baton Rouge, Louisiana, the property is one of three duplex units currently available. Anticipated completion is April 30, with closing projected for May 1. When an owner occupies one unit, the property qualifies for FHA, VA, or Conventional financing, subject to applicable lender requirements.
Key Highlights
- 2,975‑square‑foot new‑construction duplex
- Each unit includes 3 bedrooms and 2 bathrooms
- Central air, ceiling fans, dishwasher, and range/oven in the interiors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,712
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,240
$614.2K
Cap Rate 7%
$438,743
$438.7K
Cap Rate 9%
$341,244
$341.2K
Market Conditions
NOI Build-Up for 2,975 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$46.1K $15.48/SF
− Vacancy
−$2.2K −$0.73/SF
EGI
$43.9K $14.75/SF
− OpEx
−$13.2K −$4.42/SF
NOI
$30.7K $10.32/SF
Area
Baton Rouge, LA
Vacancy
4.73%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,240
Cap Rate 7%
$438,743
Cap Rate 9%
$341,244
Alternative Uses
Best Use
Multifamily LT 5
$438.7K
$383.9K – $511.9K
NOI $30,712 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$389.1K
$340.5K – $454.0K
NOI $27,239 @ 7.0% cap · market cap 7.78%
Theoretical Best
Specialty Retail
$712.5K
$623.4K – $831.2K
NOI $49,874 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 70820, LA
23,470
Population
11,589
Households
2
Avg Household Size
26
Median Age
54%
College-Educated
94%
High-School Grad
20.6 sq mi
ZIP Area
1,139
Density / Sq Mi
$47,556
Median Household Income
$23,397
Median Earnings
$1,057
Median Rent
$293,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with central air, patios, and contemporary interior finishes suited to residential income use.
Where is this duplex located?
The property is located at 8020-8022 Ned Avenue Baton Rouge, LA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2,975‑square‑foot new‑construction duplex; Each unit includes 3 bedrooms and 2 bathrooms; Central air, ceiling fans, dishwasher, and range/oven in the interiors
