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4-Unit Multifamily Property
For Sale
Contact for pricing
Pending

823 Violet St, Baton Rouge, LA 70802

Four residential rentals across three city lots, positioned three blocks north of LSU near the corridor connecting campus and downtown.

Property SizeContact for details
Days on Market45

Property Features for 823 Violet St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units 4

Additional Details

Asking Price $350,000
Listing Agency: NAI Rampart - Baton Rouge
Listed By: Robin Hudson · License #LA BROK.0000077012-ASA
Source: Crexi
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 30 at 5:43PM

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 NAI Rampart - Baton Rouge

Investment Insights

Based on property information with market context.

This multifamily property includes four residential rentals arranged across three city lots. The unit mix comprises a one-bedroom, one-bath upstairs apartment at 823 Violet Street; a two-bedroom, one-bath stucco house at 825; a three-bedroom, two-bath brick house at 831; and a two-bedroom, two-bath backyard apartment at 833. All units were leased through 7/31/2017.

The property is located three blocks north of LSU, just off Nicholson Drive between LSU and downtown Baton Rouge. Several large condominium developments have been built within blocks of Violet Street during the last 3–5 years. The addresses included in the offering are 823/825, 831, and 833 Violet Street.

Key Highlights

  • Four residential rentals located on 3 city lots
  • Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom residences
  • Property includes a stucco house, brick house, upstairs apartment, and backyard apartment

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Spa & Massage Center Auto Parts Store Building Supply

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby

Demographics for 70802, LA

26,519
Population
13,887
Households
1.9
Avg Household Size
29
Median Age
24%
College-Educated
82%
High-School Grad
7.1 sq mi
ZIP Area
3,735
Density / Sq Mi
$34,082
Median Household Income
$23,215
Median Earnings
$935
Median Rent
$105,100
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?
Multifamily property - Four residential rentals across three city lots, positioned three blocks north of LSU near the corridor connecting campus and downtown.
Where is this multifamily property located?
The property is located at 823 Violet St Baton Rouge, LA.
What are key features of this property?
This property features: Four residential rentals located on 3 city lots; Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom residences; Property includes a stucco house, brick house, upstairs apartment, and backyard apartment
More about this property
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