Duplex with
For Sale
$425,000
835/839 N Seventh St Unit #835/839, Baton Rouge, LA 70802
Two one-bedroom units feature in-unit laundry, a covered front porch and a fenced rear yard.
Property Size1,362 SF
Price / SF$312.04
Days on Market244
Property Features for 835/839 N Seventh St Unit #835/839
General Information
Standard status
Active
Size
1,362 SF
Property subtype
Duplex
Site & Location
Neighborhood
Downtown
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
washer & dryer
refrigerator
front porch
fenced-in backyard
workshop
Building Details
Building Size
1,362 SF
Listing Agency:
1 Percent Lists Premier
Listed By:
Danni Downing · License #0995698341
(225) 330-1040
Source:
Debrasullivandreamhomes
Added: Mar 1
Changed: Oct 27
Last Checked: Oct 31 at 2:02PM
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 1 Percent Lists Premier
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Investment Insights
Based on property information with market context.
This duplex contains two units, each with one bedroom, a living room and a full bathroom. Both sides include a washer and dryer, refrigerator and wood flooring. A front porch and fenced backyard provide additional outdoor space, while a separate workshop offers utility beyond the residential units. The property has a metal roof, and one unit is occupied under a lease recently renewed for another year.
Located on North Seventh Street in Baton Rouge, the property sits on the Spanish Town Parade Route. The 839 unit is tenant-occupied, with the seller honoring its renewed lease.
Located on North Seventh Street in Baton Rouge, the property sits on the Spanish Town Parade Route. The 839 unit is tenant-occupied, with the seller honoring its renewed lease.
Key Highlights
- Two‑unit duplex with 1,362 square feet
- Each unit includes 1 bedroom, a living room and a full bath
- Washer and dryer and a refrigerator in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,061
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,220
$281.2K
Cap Rate 7%
$200,871
$200.9K
Cap Rate 9%
$156,233
$156.2K
Market Conditions
NOI Build-Up for 1,362 SF
Gross rent
$21.1K $15.48/SF
− Vacancy
−$997 −$0.73/SF
EGI
$20.1K $14.75/SF
− OpEx
−$6.0K −$4.42/SF
NOI
$14.1K $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 Rate 5%
$281,220
Cap Rate 7%
$200,871
Cap Rate 9%
$156,233
Alternative Uses
Best Use
Multifamily LT 5
$200.9K
$175.8K – $234.4K
NOI $14,061 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$178.2K
$155.9K – $207.9K
NOI $12,471 @ 7.0% cap · market cap 2.93%
Theoretical Best
Specialty Retail
$326.2K
$285.4K – $380.6K
NOI $22,833 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,174
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom units feature in-unit laundry, a covered front porch and a fenced rear yard.
Where is this duplex located?
The property is located at 835/839 N Seventh St Unit #835/839 Baton Rouge, LA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,362 square feet; Each unit includes 1 bedroom, a living room and a full bath; Washer and dryer and a refrigerator in each unit
