New Construction
For Sale
$289,900
8040-8042 Ned Avenue, Baton Rouge, LA 70820
Each residence includes three bedrooms, two bathrooms, and central air conditioning.
Property Size2,382 SF
Price / SF$121.70
Days on Market179
Property Features for 8040-8042 Ned Avenue
General Information
Standard status
Active
Size
2,382 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Additional Details
Multifamily Units
2
Amenities
Central Air, Ceiling Fan(s)
Central
Dishwasher, Range/Oven
4
6
Ceiling Fans, Smoke Detector
2
Slab: Traditional
1
Cement Siding, Frame
Patio
Building Details
Buildings
1
Listing Agency:
Texan Vista Realty
(832) 266-5091
Listed By:
Wayne Williams · License #0816160
(832) 266-5091
Source:
Compass
Added: Mar 4
Changed: Aug 29
Last Checked: Aug 29 at 9:34PM
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 newly constructed duplex contains two residences within approximately 2,382 square feet. Each unit is arranged with three bedrooms and two bathrooms and includes central air conditioning, ceiling fans, a dishwasher, and a range/oven. Traditional slab construction, cement siding, frame construction, and patios add to the physical profile of the property.
Located at 8040-8042 Ned Avenue in Baton Rouge, the property is positioned for either owner occupancy or an investment strategy. When the owner occupies one side, the property qualifies for FHA, VA, or Conventional financing. The listing also identifies projected completion on April 30 and anticipated closing on May 1.
Located at 8040-8042 Ned Avenue in Baton Rouge, the property is positioned for either owner occupancy or an investment strategy. When the owner occupies one side, the property qualifies for FHA, VA, or Conventional financing. The listing also identifies projected completion on April 30 and anticipated closing on May 1.
Key Highlights
- Two‑unit duplex with approximately 2,382 square feet
- Each unit offers 3 bedrooms and 2 bathrooms
- New construction at 8040‑8042 Ned Avenue, Baton Rouge, LA 70820
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
$24,590
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
8.48%
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%
$491,800
$491.8K
Cap Rate 7%
$351,286
$351.3K
Cap Rate 9%
$273,222
$273.2K
Market Conditions
NOI Build-Up for 2,382 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
$36.9K $15.48/SF
− Vacancy
−$1.7K −$0.73/SF
EGI
$35.1K $14.75/SF
− OpEx
−$10.5K −$4.42/SF
NOI
$24.6K $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%
$491,800
Cap Rate 7%
$351,286
Cap Rate 9%
$273,222
Alternative Uses
Best Use
Multifamily LT 5
$351.3K
$307.4K – $409.8K
NOI $24,590 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$311.6K
$272.6K – $363.5K
NOI $21,810 @ 7.0% cap · market cap 7.52%
Theoretical Best
Specialty Retail
$570.5K
$499.2K – $665.6K
NOI $39,933 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
251
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 - Each residence includes three bedrooms, two bathrooms, and central air conditioning.
Where is this duplex located?
The property is located at 8040-8042 Ned Avenue Baton Rouge, LA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,382 square feet; Each unit offers 3 bedrooms and 2 bathrooms; New construction at 8040‑8042 Ned Avenue, Baton Rouge, LA 70820
