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Renovated 23-Unit Apartment Complex
For Sale
$750,000

844-846 Monet Dr, Baton Rouge, LA 70806

Gated multifamily property with on-site laundry, parking, and a dedicated office unit.

Property Size18,000 SF
Price / SF$41.67
Days on Market222

Property Features for 844-846 Monet Dr

General Information

Standard status Active
Size 18,000 SF
Property subtype Multifamily
Zoning A4
Occupancy 52%

Additional Details

Multifamily Units 23

Amenities

on-site laundry
gated

Building Details

Tenancy Multi-Tenant
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 1:25PM

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 complex contains 23 units within 18,000 square feet. The property includes an on-site laundry facility, a large parking lot, and gated entry. One unit has been converted for office use, adding an administrative component to the existing layout.

The complex is positioned 0.4 mile from Florida Boulevard near Bon Carré in Baton Rouge. Current occupancy is 52%, and the property is zoned A4. The address is 844-846 Monet Dr.

Key Highlights

  • 23‑unit apartment complex with 18,000 square feet
  • Recently renovated multifamily property
  • 52% current occupancy

Property Analytics

Current Use

Apartment buildings

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

23
Residential units
52%
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated multifamily property with on-site laundry, parking, and a dedicated office unit.
Where is this apartment building located?
The property is located at 844-846 Monet Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 23‑unit apartment complex with 18,000 square feet; Recently renovated multifamily property; 52% current occupancy
More about this property
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